February 19, 2020 The consumer price index for January 2020 was 267.5 resulting in an inflation rate of -1.1%, according to the Statistical Institute of Jamaica (STATIN). This downward movement was largely attributed to the decreases in the division of ‘Food and Non-Alcoholic Beverages’ by 1.4% and ‘Housing, Water, Electricity, Gas and Other Fuels’ by
February 18, 2020 KINGSTON, Jamaica – Mayberry Investments Limited (“Mayberry”), announces the closure of Caribbean Assurance Brokers Limited’s (the “Company”) Initial Public Offer (the “Offer”) of 52,500,000 ordinary shares (the “Shares”), at the price of $1.91 per share, made subject to a Prospectus issued by the Company on Friday, 7 February, 2020. The application
February 18, 2020 In United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the six months ended December 31, 2019, revenues increased by 11% from $53.73 million in 2018 to close the period under review at $59.47 million. For the second quarter, the company also posted a 10% increase
February 18, 2020 United States: Fed Doesn’t Want Another Repo Crisis, But Treasury Isn’t Helping “The Federal Reserve has doled out tens of billions to calm the short-term lending markets after they went haywire in September. But initiatives by the U.S. Treasury Department -- to ensure it always has enough cash to pay its bills as the
Date: February 17, 2020 Seprod Limited (SEP) posted revenue totalling $34.35 billion compared to $22.50 billion recorded for the same period of the prior financial year, representing a 53% increase year over year. The Company stated, “This was driven primarily by the acquisition of the Facey Consumer Division in Q4 2018 and by an increase
February 17, 2020 138SL’s Revenue increased by 110% to $455.24 million relative to the $216.79 million recorded for the corresponding period last year. Other operating income for the period under review rose by 38% to $8.70 million compared to $6.30 million a year earlier. Administrative expenses increased marginally by 1% to amount to $205.01 million
Date: February 17, 2020 Key Insurance Company Limited (KEY) GraceKennedy Financial Group Limited (the “Offeror”) has advised that the closing date of the cash offer for 313,191,734 ordinary stock units in Key Insurance Company Limited (being all the issued ordinary stock units not already held by the Offeror) as set out in Offer Circular dated
Date: February 17, 2020 Main Event Entertainment Group Limited (MEEG) has advised that at a meeting of the Board of Directors scheduled to be held on February 20, 2020, an interim dividend payment will be considered. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
Date: February 17, 2020 Supreme Ventures Limited (SVL) has advised that at a meeting of the Board of Directors scheduled to be held on February 28, 2020, an interim dividend payment will be considered. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
Date: February 17, 2020 Sygnus Credit Investments Limited (SCI) has advised that at a meeting of the Board of Directors held on February 13, 2020, an interim dividend of US$0.0029 per share was declared. The dividend payment will be made to all shareholders on record as at March 16, 2020 and will be paid on
