November 29, 2019 Sygnus Credit Investments Limited (SCI) has advised that at a Board of Directors’ meeting held on November 14, 2019, approval was granted for the company to increase the capital raise to up to J$4,500,000,000.00 (US$35,000,000.00) SCI has further advised that the capital raise will be done in various tranches and may
November 29, 2019 Supreme Ventures Limited (SVL) has advised that the Company intends to acquire additional shares in PosttoPost Betting Limited (t/a AnyBet) in a year. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at
November 29, 2019 QWI recorded Gains from investment activities of $394.49 million for the period ending September 30, 2019. Administrative expenses for the period amounted to $51.07 million, while finance costs amounted to $12.55 million. As such, QWI ended the period with a profit before taxation of J$330.87 million. Consequently, net profit for the period
November 29, 2019 United States: Markets Show U.S. Gaining Upper Hand Over China in Trade War “The U.S. is starting to overtake China in the trade war, at least in financial markets. Treasuries have held on to this year’s rally, the dollar remains strong despite three interest-rate cuts and U.S. stocks have been notching a
November 28, 2019 Unemployment rates trended downward for the month of October in 240 of the 389 metropolitan states compared to a year earlier. According to Bureau Labor Statistics, this was “higher in 121 areas, and unchanged in 28 areas.” Jobless rates lower than 3% were recorded in 153 areas while 2 areas posted rates
November 28, 2019 Supreme Ventures Limited (SVL) has advised that a connected party purchased 288,311 SVL shares on November 22, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of
November 28, 2019 Lasco Financial Services Limited (LASF) has advised that a connected party sold 88,150 LASF shares on November 21, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date
November 28, 2019 Sagicor Group Jamaica Limited (SJ) has advised that a Senior Manager and a connected party sold a total of 29,000 SJ shares. SJ has also advised that a connected party purchased 7,000 SJ shares. These transactions were conducted during the period November 20 to 22, 2019 under the SJ Executive Long
November 28, 2019 Jamaica Public Service Company Limited (JPS) has advised that its Board of Directors will consider, at a meeting scheduled for December 4, 2019, the payment of Ordinary Shares/Stocks Dividend on January 17, 2020 to shareholders at record on December 18, 2019 as follows: RESOLVED that this Board HEREBY APPROVES a final
November 28, 2019 Kingston, Jamaica. Eppley Caribbean Property Fund Limited SCC – Value Fund (“ECPF”) announced that it has completed the acquisition of the Hastings Business Centre in Barbados. The 20,000 square foot, three storey office building has long been the head office of global professional services firm, KPMG in Barbados. Following ECPF’s acquisition,
