October 17, 2019 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that a Director purchased 1,221 CPFV shares on October 10, 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
October 17, 2019 Brent Oil Brent oil prices decreased by 0.51% or US$0.30, as prices decreased this week relative to the prior week. Oil traded on October 17, 2019 at a price of US$58.80 per barrel relative to US$59.10 on October 10, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
October 16, 2019 AMG Packaging Limited (AMG), for the year ended August 31, 2019 recorded turnover in the amount of $762.30 million (2018: $718.92 million), an increase of 6% when compared to 2018. For the quarter turnover was down 3% to close at $174.68 million (2018: $180.17 million). Total cost of sales amounted to $594.33
October 16, 2019 Paramount Trading (Jamaica) Limited, for the three months ended August 31, 2019, recorded a 14% decrease in total revenues to $360.57 million from $417.08 million reported in 2018. The company highlighted that, “the reduction in revenue was mainly due to less than expected outturn in the construction and technical grade brands. We
October 16, 2019 Sagicor Select Funds Limited (SELECTF) has advised that the Board of Directors of SELECTF, at its meeting held on October 14, 2019, approved a resolution to declare an interim dividend of $0.0117 payable on November 14, 2019 to shareholders on record at the close of business on November 4, 2019. The ex-dividend
October 16, 2019 Knutsford Express Services Limited (KEX), for the three months ended August 31, 2019 reported total revenue of $324.52 million, an 11% or $31.59 million increase when compared with the $292.93 million reported for the same period in 2018. KEX noted, “this was due to continued demand for our transport services.” Administrative and general
October 16, 2019 Caribbean Cream Ltd. (KREMI) for six months ended August 31, 2019 reported a 5% increase in revenue totalling $839.96 million compared to $799.51 million in the corresponding period last year. Revenue for the second quarter rose 9% to close at $422.30 million compared to $387.76 million for the comparable quarter of 2018.
October 1, 2019 Chairman, Mr. Winston Boothe, at Medical Disposal and Supplies Limited’s 6th Annual General Meeting, highlighted that the company has had, “ another year of growth and group performance.” The company encountered challenges such as, “foreign exchange losses, amounting to $22.3 million and the Hagley Park road construction works. The construction road works
September 30, 2019 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum. The decision to hold the policy rate unchanged is based on the Bank’s current assessment that monetary conditions are generally appropriate to
September 30, 2019 Overview Jamaica has made material progress in achieving macroeconomic stability and strengthening of its external position, improving its ability to withstand external shocks. As a result, we are raising our long-term foreign and local currency sovereign credit ratings on Jamaica to 'B+' from 'B' and affirming our short-term foreign and local
