Date: January 16, 2020 Portland JSX Limited (PJX) has advised that the Company has completed its Investment phase and looks forward to accelerating growth of profit and shareholder value in 2020 and beyond. For further information, please visit www.jamstockex.com Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
January 16, 2020 Brent Oil Brent oil prices decreased by 1.16% or US$0.76, as prices fell this week relative to the prior week. Oil traded on January 16, 2020 at a price of US$64.61 per barrel relative to US$65.37 on January 09, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
January 16, 2020 The consumer price index for the month of December 2019 increased by 0.5%, following a 1.3% increase in its index for November 2019, according to the Statistical Institute of Jamaica (STATIN). This movement was largely attributed to the upward movements in the division of ‘Food and Non-Alcoholic Beverages’ by 0.5% and ‘Housing,
Date: January 15, 2020 Portland JSX Limited (PJX), for the nine months ended November 30, 2019, net gain on financial assets classified as at fair value through profit and loss amounted to US$1.94 million compared to a loss of US$551,463 in 2018. PJX recorded net gain on financial assets classified as at fair value through
January 15, 2020 Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2019 reported that revenues increased by 8% for the period to US$3.86 million (2018: US$3.56 million). The second quarter’s revenue totalled US$1.83 million (2018: US$1.74 million), a 5% increase. For the six months, Management stated that revenue, “was earned from the
January 15, 2020 Express Catering Limited (ECL) for the six months ended November 30, 2019 reported a 9% increase in revenue to US$7.81 million (2018: US$7.18 million). Revenue for the quarter advanced 5% to close at $3.28 million relative to $3.12 million reported the previous year. According to Management, “This is quite favourable, with the
January 14, 2020 Paramount Trading (Jamaica) Limited for the six months ended November 30, 2019 recorded a slight 3% decrease in total revenues to $768.22 million from $795.54 million reported in 2018. For the quarter, revenues rose 8% to close at $407.64 million (2018: $378.46 million). Direct expenses closed the period at $537.09 million relatively
January 14, 2020 Caribbean Cream Limited (KREMI) for nine months ended November 30, 2019 reported an 8% increase to total $1.24 billion compared to $1.15 billion in the corresponding period last year. Revenue for the third quarter rose 14% to close at $395.48 million compared to $348.24 million for the comparable quarter of 2018. Costs
Date: January 14, 2020 Access Financial Services Limited (AFS) has advised that at a Board of Directors’ meeting scheduled to be held on January 29, 2020, a dividend payment to ordinary shareholders of the Company will be considered. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
Date: January 14, 2020 Proven Investments Limited (PROVEN) has advised that at a Board of Directors’ meeting scheduled to be held on February 7, 2020, a dividend payment to ordinary shareholders of the Company will be considered. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
