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5 12, 2019

Gas Price Movement – December 05, 2019

2019-12-06T11:39:49-05:00

December 05, 2019 Brent Oil Brent oil prices decreased by 0.75% or US$0.48, as prices decreased this week relative to the prior week. Oil traded on December 5, 2019 at a price of US$63.39 per barrel relative to US$63.87 on November 28, 2019. Brent oil began the year at US$55.95 per barrel. Petrojam prices 87

4 12, 2019

AMG reports 55% increase in year end net profits

2019-12-04T16:33:40-05:00

Date: December 4, 2019 AMG Packaging and Paper Company 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. Total cost of sales amounted to $606.29 million, an increase of 7% relative to the corresponding period in

4 12, 2019

Overseas Headlines-December 4, 2019

2019-12-04T08:46:21-05:00

December 4, 2019 United States: U.S., China Move Closer to Trade Deal Despite Harsh Rhetoric “The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said. The people, who

3 12, 2019

BPOW reports 4% decrease in six months net profits

2019-12-03T17:04:00-05:00

December 03, 2019 Blue Power Group Limited (BPOW), for the six months ended October 31, 2019 booked a 14% decrease in revenue to total $231.43 million compared to $270.40 million for the corresponding period in 2018. Revenue for the quarter totalled $112.75 million, 15% below last year’s corresponding quarter of $132.59 million. BPOW highlighted, “With effect

3 12, 2019

SALF reports 36% decrease in year end net profit

2019-12-03T13:17:43-05:00

December 03, 2019 Salada Foods Jamaica Limited (SALF), for the year ended September  30, 2019 recorded a 7% increase in turnover to close at $1.11 billion (2018: $1.04 billion). The movement occurred, “despite a challenging first quarter as operations were impacted due to a boiler accident,” as noted by the SALF. For the fourth quarter, revenue

3 12, 2019

Overseas Headlines-December 3, 2019

2019-12-03T08:57:57-05:00

December 3, 2019 United States: Trump Sees No Deadline for China Deal, Prefers to Wait For 2020 Election “President Donald Trump signaled he would be willing to wait for another year before striking a trade agreement with China, casting doubt on the likelihood of a phase-one accord within weeks between Washington and Beijing. “I have

2 12, 2019

Featured Stock: SEP

2019-12-02T09:10:02-05:00

Date: December 02, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 02.12.19 SEP 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

2 12, 2019

Overseas Headlines-December 2, 2019

2019-12-02T09:05:08-05:00

December 2, 2019 United States: Trump Revives Brazil, Argentina Steel Tariffs, Swipes at Fed “President Donald Trump is reinstating tariffs on steel and aluminum from Argentina and Brazil, nations he criticized for cheapening their currencies to the detriment of U.S. farmers, and again called on the Federal Reserve to loosen monetary policy. Linking his trade

29 11, 2019

JAMT reports 101% increase in year end net profit attributable to shareholders

2019-11-29T17:05:18-05:00

November 29, 2019 Jamaican Teas Limited (JAMT) reported a 27% decrease in revenues to total $1.29 billion (2018: $1.77 billion). For the quarter, revenues amounted to $284.87 million (2018: $422.12 million). JAMT highlighted that, “JTL’s fourth quarter revenues from manufacturing operations increased almost 4 percent for the quarter from $272.8 million to $282.5 million due

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