Date: February 13, 2020 Paramount Trading (Jamaica) Limited (PTL) has advised that the Company has executed a contract manufacturing and private labelling services agreement with Future Energy Source Company Limited (FESCO) for its line of lubricant products. This contract will value at approximately $216 million. Analyst Certification -The views expressed in this research report accurately
Date: February 13, 2020 Carreras Limited (CAR) has declared an interim dividend of $0.15 per stock unit to be paid out of accumulated profits on March 12, 2020 to shareholders on record as at February 27, 2020. The ex-dividend date will be February 25, 2020. Analyst Certification -The views expressed in this research report accurately
February 13, 2020 Brent Oil Brent oil prices increased by 2.55% or US$1.40, as prices fell this week relative to the prior week. Oil traded on February 13, 2020 at a price of US$56.33 per barrel relative to US$54.93 on January 30, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
February 13, 2020 Medical Disposables & Supplies Limited, for the nine months ended December 2019 reported Revenue amounting $1.73 billion, an increase of 9%, relative to $1.58 billion booked the previous year. For the third quarter revenues totalled $603.36 million up 12% year over year (2018: $538.67 million). MDS noted, “This improved performance was influenced by
Date: February 13, 2020 Please see the attached press release from Paramount Trading (Jamaica) Limited (PTL). Press-Release-Paramount-Trading-Jamaica-Limiteds-Announcement-of-Material-Contracts 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 this report. Each research analyst
February 13, 2020 United States: Trump’s Nafta Rewrite Heads for Its Last Stop — Ottawa “When President Donald Trump signed the U.S.-Mexico-Canada-agreement at the White House in late January, he said a variation of the word “thanks” 54 times in 37 minutes to people in attendance who helped him do the deal. But there’s one more favor
February 12, 2020 Indies Pharma Jamaica Limited (INDIES) based on audited results, reported revenues for the twelve months ended October 31, 2019 of $729.45 million, an increase of 15% when compared with the $636.17 million booked last year. Cost of sales amounted to a total of $268.78 million relative to the $243.38 million reported for
Date: February 12, 2020 Dolphin Cove Limited (DCOVE) has advised that at a Board of Directors’ meeting scheduled for February 24, 2020, consideration will be given to the payment of an interim dividend. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
Date: February 12, 2020 Proven Investments Limited (PROVEN) has advised that a dividend payment of US$0.0032 per share was declared at a Board meeting held on February 7, 2020. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.4506 per share. This dividend payment will be made to all ordinary
February 12, 2020 Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the nine months ended December 31, 2019 reported interest income of $17.29 million, a 20% decrease when compared with the $21.52 million reported for the same period in 2018. Interest expense for the period amounted to $7.42 million, a
