9 02, 2024

Overseas Headlines – February 9, 2024

2024-02-09T08:51:20-05:00

February 9, 2024   United States: Risk of Big US Inflation Revision Puts Policymakers, Investors on Edge Mention the government’s annual revisions to seasonal adjustment factors for monthly inflation data and you’re likely to make eyes glaze over, even among hardcore economics nerds. Not this year. Economists on Wall Street and in Washington will be

Overseas Headlines – February 9, 20242024-02-09T08:51:20-05:00
8 02, 2024

SML reports 108% increase in year-end net profit

2024-04-02T13:47:01-05:00

April 2, 2024   Stanley Motta Limited (SML) for the year ended December 31, 2023, reported a 6% increase in revenue totalling $527.45 million compared to $499.37 million in the corresponding period last year. Revenue for the fourth quarter had a 12% increase to close at $140.44 million compared to $125.95 million for the comparable

SML reports 108% increase in year-end net profit2024-04-02T13:47:01-05:00
8 02, 2024

LASM reports 25% increase in nine months net profit

2024-02-08T16:45:02-05:00

February 8, 2024 LASCO Manufacturing Limited (LASM) for the nine months ended December 31, 2023, reported an 11% increase in Revenue totaling $9.24 billion compared to $8.33 billion in the corresponding period last year. Revenue for the third quarter had a 13% increase to close at $3.22 billion compared to $2.86 billion for the comparable quarter

LASM reports 25% increase in nine months net profit2024-02-08T16:45:02-05:00
8 02, 2024

Special Advisory: Mailpac Group Limited (MAILPAC)

2024-02-08T15:05:52-05:00

February 8, 2024   Mailpac Group Limited (MAILPAC) has advised that with recent amendments to the Jamaica Stock Exchange Junior Market Rules, Appendix 1, 504 2 (b), its Audit Committee would like to advise that: The Company was making every effort to be compliant within the timeline and recognizes that the deadline of December 31,

Special Advisory: Mailpac Group Limited (MAILPAC)2024-02-08T15:05:52-05:00
8 02, 2024

Special Advisory: Tropical Battery Company Limited (TROPICAL)

2024-02-08T15:04:22-05:00

February 8, 2024   Tropical Battery Company Limited (TROPICAL) has advised of the acquisition of Rose Electronics Distributing Company (Rose Batteries), based in San Jose, California, USA. The acquisition was completed through TROPICAL’s US subsidiary Tropical Battery USA LLC.   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal

Special Advisory: Tropical Battery Company Limited (TROPICAL)2024-02-08T15:04:22-05:00
8 02, 2024

Special Advisory: Lasco Manufacturing Limited (LASM)

2024-02-08T15:03:45-05:00

February 8, 2024   Lasco Manufacturing Limited (LASM) has advised that Dr. David McBean was appointed as an Independent Director to the Board of Directors on February 6, 2024.   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)

Special Advisory: Lasco Manufacturing Limited (LASM)2024-02-08T15:03:45-05:00
8 02, 2024

Special Advisory: iCreate Limited (ICREATE)

2024-02-08T15:02:46-05:00

February 8, 2024   iCreate Limited (ICREATE) has advised that Sagicor Investments Jamaica Limited has terminated the receivership and that it has discharged its receiver with effect from January 31, 2024.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer

Special Advisory: iCreate Limited (ICREATE)2024-02-08T15:02:46-05:00
8 02, 2024

Special Advisory: FosRich Company Limited (FOSRICH)

2024-02-08T15:02:09-05:00

February 8, 2024   FosRich Company Limited (FOSRICH) has advised that its Board of Directors met on February 6, 2024, and will reconvene on February 12, 2024, for further consideration with a view of making recommendations to its shareholders (where applicable) in relation to an equity or combination of a debt and equity raise.  

Special Advisory: FosRich Company Limited (FOSRICH)2024-02-08T15:02:09-05:00
8 02, 2024

Special Advisory: Seprod Limited (SEP)

2024-02-08T15:00:33-05:00

February 8, 2024   Seprod Limited (SEP) has advised that Mr. Euton Cummings joined the Company as Chief Strategy Officer–Human Capital effective January 1, 2024.   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

Special Advisory: Seprod Limited (SEP)2024-02-08T15:00:33-05:00
8 02, 2024

Special Advisory: Massy Holdings Ltd. (MASSY)

2024-02-08T15:00:02-05:00

February 8, 2024   Massy Holdings Ltd. (MASSY) has advised that Mr. E. Gervase Warner, President and Group Chief Executive Officer, has undertaken to proceed on early retirement from the Company and retire from its Board of Directors effective April 6, 2024. MASSY has further advised that Mr. David Affonso, Executive Vice President and Executive

Special Advisory: Massy Holdings Ltd. (MASSY)2024-02-08T15:00:02-05:00