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18 05, 2020

DTL reports 34% increase in first quarter net profit

2020-05-18T16:17:36-05:00

May 18, 2020   Derrimon Trading Limited (DTL), for the three months ended March 31, 2020, reported trading income of $3.32 billion compared to the $3.15 billion booked for the prior year’s comparable period, a 5% increase. DTL indicated, “The distribution and retail arms of the business for the three (3) months recorded revenue of $3.01 billion

DTL reports 34% increase in first quarter net profit2020-05-18T16:17:36-05:00
17 05, 2020

IMF Executive Board Approves a US$ 520 Million Disbursement to Jamaica to Address the COVID-19 Pandemic

2020-05-17T10:44:28-05:00

May 17, 2020 The IMF Executive Board approved Jamaica’s request for emergency financial assistance of about US$520 million to help meet the urgent balance-of-payments needs stemming from the COVID-19 pandemic. The Jamaican authorities have adopted timely and targeted measures to boost health spending and mitigate the economic impact of the pandemic, supporting jobs and vulnerable

IMF Executive Board Approves a US$ 520 Million Disbursement to Jamaica to Address the COVID-19 Pandemic2020-05-17T10:44:28-05:00
16 05, 2020

KREMI reports 38% decline in year end net profit

2020-05-16T12:24:51-05:00

May, 16, 2020   Caribbean Cream Limited (KREMI), for the year ended February 29, 2020, reported a 10% increase in revenue to total $1.71 billion compared to $1.55 billion booked last year. Revenue for the fourth quarter rose 16% to close at $470.92 million compared to $405.17 million for the comparable quarter of 2019. Costs

KREMI reports 38% decline in year end net profit2020-05-16T12:24:51-05:00
14 05, 2020

Our monthly Strategic Magazine is now available online

2020-05-14T12:43:26-05:00

May 14, 2020   Click on the link below. https://www.mayberryinv.com/strategic-investing-magazine/ 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,

Our monthly Strategic Magazine is now available online2020-05-14T12:43:26-05:00
13 05, 2020

CHL reports 14% increase in six months net profit

2020-05-13T20:15:40-05:00

May 13, 2020   Cargo Handlers Limited (CHL) revenues for the six months fell 12% year over year to $191.37 million versus $216.32 million booked in 2019. Revenue for the quarter contracted 6% to $104.26 million versus $111.45 million booked for the same quarter of 2019. CHL noted this, “was attributable to fewer than anticipated

CHL reports 14% increase in six months net profit2020-05-13T20:15:40-05:00
29 04, 2020

Fed maintains target range for federal funds rate at 0% to 1/4%

2020-04-29T17:41:37-05:00

April 29, 2020   Tremendous human and economic hardship blankets the United States and the World due to the outbreak of the coronavirus. The outbreak has resulted in the implementation of numerous measures to protect public health while inducing declines in economic activity and a surge in job losses. The Federal Reserve cites, “weaker demand

Fed maintains target range for federal funds rate at 0% to 1/4%2020-04-29T17:41:37-05:00
24 04, 2020

BOJ Press Release: Suspension of Dividends Due to the Novel COVID-19 Virus

2020-04-24T17:24:44-05:00

April 24, 2020 Bank of Jamaica (BOJ) has been closely monitoring the current impact of the novel COVID-19 virus pandemic on the global and domestic financial system. Notwithstanding the current effects of the pandemic on normal business activities, BOJ would like to indicate that the fundamentals of the Jamaican financial system continue to be strong

BOJ Press Release: Suspension of Dividends Due to the Novel COVID-19 Virus2020-04-24T17:24:44-05:00
23 04, 2020

Important Notice – Temporary Change in Operations

2020-04-23T10:10:15-05:00

April 23, 2020   Please the click link below to view advisory notice from Mayberry Investments Limited (MIL). We're open to serve you! - Important Notice   Company Disclosure -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

Important Notice – Temporary Change in Operations2020-04-23T10:10:15-05:00