Date: March 15, 2019 Scotia Group Jamaica Limited’s (SGJ) Net Interest Income decreased by 7% to $6.20 billion, moving from $6.64 billion for the corresponding period in 2018. Interest Expenses declined by 19% to total $685.61 million (2017: $850.34 million). Interest Income for the period decreased from $7.49 billion in 2018 to $6.88 billion. According to
Date: March 15, 2019 Main Events Entertainment Group reported revenue of $457.69 million, 27% higher than the $361.41 million booked in 2018. Management attributed the performance to, “increased opportunities in our business.” Cost of Sales increased 30% to close at $260.57 million (2018: $200.93 million), This resulted in Gross profit increasing by 23%, amounting to
March 15, 2019 PanJam Investment Limited (PJAM) has advised that on March 14, 2019, a Director purchased 833,527 PJAM shares under the Company’s Long Term Incentive Plan. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any
March 15, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 14,412 MJE shares and that a connected party sold 41,458 MJE shares. These transactions were conducted on March 13, 2019. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot
March 15, 2019 Mayberry Investments Limited (MIL) has advised that a connected party purchased 100,000 MIL shares on March 13, 2019. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any
March 14, 2019 Barita Investments Limited (BIL) has advised that a Senior Manager sold 162,500 BIL shares on March 13, 2019. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any
United States: Why the U.S. Trade Deficit Keeps Growing Ever since U.S. President Donald Trump came to power, his administration has focused on shrinking the trade deficit, pressuring foreign countries to reduce barriers to American exports. Yet the government recently reported that the deficit rose significantly in 2018, to $621 billion. What gives? Shouldn’t Trump’s
Brent Oil Brent oil prices increased by 1.28% or US$0.85, as prices increased this week relative to the prior week. Oil traded on March 14, 2019 at a price of US$67.15 per barrel relative to US$66.30 on March 7th, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased
Daily Market Summary 14.03.19 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 (s) also certify that no part of their compensation was, is, or will be, directly
United States: China and U.S. to Push Back Trump-Xi Meeting to at Least April A meeting between President Donald Trump and President Xi Jinping to sign an agreement to end their trade war won’t occur this month and is more likely to happen in April at the earliest, three people familiar with the matter said.