12 02, 2024

Overseas Headlines – February 12, 2024

2024-02-12T08:36:57-05:00

February 12, 2024   United States: Economists Haven’t Been So Critical of Tight Fed Since 2010 Economists are starting to think the Federal Reserve is keeping money a little too tight. That’s the takeaway from results of a National Association for Business Economics poll published Monday, which showed 21% of respondents considered the US central

Overseas Headlines – February 12, 20242024-02-12T08:36:57-05:00
12 02, 2024

Featured Stock – ECL

2024-02-12T08:36:11-05:00

February 12, 2024   Weekly Picks 12.02.2024 ECL   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

Featured Stock – ECL2024-02-12T08:36:11-05:00
9 02, 2024

LASF reports 51% decline in nine-month net profit

2024-02-09T16:24:10-05:00

February 9, 2024 LASCO Financial Services Limited (LASF) for the nine months ended December 31, 2023, reported a 3% decrease in Trading Income totaling $1.60 billion compared to $1.66 billion in the corresponding period last year. Trading Income for the third quarter experienced a 2% decrease to close at $525.17 million compared to $537.76 million

LASF reports 51% decline in nine-month net profit2024-02-09T16:24:10-05:00
9 02, 2024

CHL reports 15% decrease in three-month net profit

2024-02-09T15:42:10-05:00

February 9, 2024   Cargo Handlers Limited (CHL) for the first quarter ended December 31, 2023, reported a 4% increase in revenue totalling $139.23 million compared to $134.34 million in the corresponding three months last year. Cost of sales amounted to $1.27 million (2022: $1.65 million), this represents a decline of 23% year over year.

CHL reports 15% decrease in three-month net profit2024-02-09T15:42:10-05:00
9 02, 2024

Dividend Declaration: Proven Group Limited (PROVEN)

2024-02-09T14:34:03-05:00

February 9, 2024   Proven Group Limited (PROVEN) has declared a dividend payment of US$0.0015 per share payable on March 12, 2024, to shareholders on record as at February 23, 2024.  The ex-dividend date is February 22, 2024. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.2345 per share.

Dividend Declaration: Proven Group Limited (PROVEN)2024-02-09T14:34:03-05:00
9 02, 2024

Dividend Declaration: Cargo Handlers Limited (CHL)

2024-02-09T14:33:14-05:00

February 9, 2024   Cargo Handlers Limited (CHL) has declared an interim dividend of $0.155 per stock unit to be paid on March 22, 2024, to stockholders on record as of February 23, 2024.  The ex-dividend date is February 22, 2024.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal

Dividend Declaration: Cargo Handlers Limited (CHL)2024-02-09T14:33:14-05:00
9 02, 2024

Dividend Consideration: NCB Financial Group Limited (NCBFG)

2024-02-09T14:31:57-05:00

February 9, 2024   NCB Financial Group Limited (NCBFG) has advised that a Board of Directors’ meeting is to be held on Friday, February 16, 2024, and the payment of a dividend will be recommended for consideration at this meeting.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views

Dividend Consideration: NCB Financial Group Limited (NCBFG)2024-02-09T14:31:57-05:00
9 02, 2024

EXPRESS PROVIDES ADVISORY TO PROSPECTIVE INVESTORS ON WRITTEN CONFIRMATION OF INTEREST COMMENCEMENT

2024-02-09T13:40:27-05:00

February 9, 2024   Express Catering Limited (Express) refers to the Prospectus published on February 2, 2024, in respect of its 8.50 % USD Senior Unsecured Bonds Due 2027 (the Bond Prospectus). In relation to interest commencement, the Bond Prospectus provides that: “Interest will begin to accrue from the date an Applicant receives an Allocation

EXPRESS PROVIDES ADVISORY TO PROSPECTIVE INVESTORS ON WRITTEN CONFIRMATION OF INTEREST COMMENCEMENT2024-02-09T13:40:27-05:00
9 02, 2024

MASSY reports 6% decrease in three-month net profit attr. to shareholders

2024-02-09T11:55:22-05:00

February 9, 2024   Massy Holdings Limited (MASSY) for the first quarter ended December 31, 2023, reported a 19% increase in revenue totalling TT$4.02 billion compared to TT$3.39 billion in the corresponding three months last year. Operating profit after finance costs decreased by 3% to TT$286.34 million compared to TT$294.84 million for the first quarter

MASSY reports 6% decrease in three-month net profit attr. to shareholders2024-02-09T11:55:22-05:00
9 02, 2024

NCBFG reports 123% increase in first quarter net profit attr. to shareholders

2024-02-09T10:29:28-05:00

February 9, 2024 NCB Financial Group Limited (NCBFG) for the first quarter ended December 31, 2023, reported a 15% increase in interest income totalling $21.66 billion compared to $18.88 billion in the corresponding three months last year. Interest expense amounted to $10.06 billion (2022: $7.54 billion), this represents an increase of 33% year over year.

NCBFG reports 123% increase in first quarter net profit attr. to shareholders2024-02-09T10:29:28-05:00