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2 12, 2020

Government Operations Results for October 2020


December 2, 2020 Government Operations Results for October 2020 For the period of April to October 2020, the GOJ reported Total Revenues & Grants of $298.68 billion, $2.88 billion more than the Government’s projection. This represented a decrease of approximately 16.7% relative to the $358.76 billion recorded for the corresponding period in 2019. ‘Tax Revenue’,

1 12, 2020

IDB approves US$50 million loan to OECS Member States


December 1, 2020 The Inter-American Development Bank (IDB) approved a US$50 million loan to support member countries of the Organisation of Eastern Caribbean States (OECS) and their response to the health, social and economic consequences caused by the COVID-19 crisis. Since 1977, the IDB has provided US$227 million to the CDB in a long-term collaborative relationship.

1 12, 2020

MEEG plans to maintain strong financial and cash management strategies to weather the ongoing pandemic


December 1, 2020 Dr. Ian Blair, Independent Non-Executive Director – Main Event Entertainment Group, commented on the financial performance of the business for the year ended October 31, 2019. The company achieved revenue of $1.80 billion, a 29% increase over the $1.40 billion reported in 2018. Gross profit increased by 21% to $776.72 million compared

30 11, 2020

BPOW reports 32% decline in six months net profits


November 30, 2020 For the six months ended October 31, 2020:- Blue Power Group Limited (BPOW), for the six months ended October 31, 2020 booked a 36% increase in revenue to total $313.84 million compared to $231.43 million for the corresponding period in 2019. Revenue for the quarter totalled $151.99 million, 35% above last year’s corresponding

30 11, 2020

AMG reports 5% decrease in year end net profits


November 30, 2020 Audited Financial Statements Year Ended August 31, 2020: AMG Packaging and Paper Company Limited (AMG) for the year ended August 31, 2020 recorded turnover in the amount of $720.45 million (2019: $762.30 million), a 5% decrease when compared to 2019. Turnover for the quarter increased by 7%, moving from $174.68 million in

30 11, 2020

Featured Stock- CCC


November 30, 2020 Weekly Picks 30.11.20 CCC   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 (s) also certify that no part of their compensation was,

27 11, 2020

CARICOM’s Economic Recovery and Transformation


November 27, 2020 The ongoing crisis of democracy and governance in the USA, the increasing COVID-19 cases in the USA and Canada, the tightening restrictions in the United Kingdom (UK) and the European Union (EU) are all of importance to the Caribbean as its economic recovery is linked to actions taken in these countries to

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