12 12, 2023

LUMBER reports 11% increase in six months net profit attributable to shareholders

2023-12-12T11:05:48-05:00

December 12, 2023 Lumber Depot Limited (LUMBER) Unaudited financials for the six months ended October 31, 2023: Lumber Depot Limited (LUMBER) for the six months ended October 31, 2023, reported a 1% increase in Revenue totalling $782.06 million compared to $776.75 million in the corresponding period last year. Revenue for the second quarter had a

LUMBER reports 11% increase in six months net profit attributable to shareholders2023-12-12T11:05:48-05:00
12 12, 2023

Moody’s 2024 Outlook – Negative for Global Banks

2023-12-12T10:04:28-05:00

December 12, 2023 According to Moody’s Investor Service, the outlook for global banks for 2024 is negative as tighter monetary policies by central banks have resulted in lower GDP growth. The banking sector faces challenges with reduced liquidity and strained repayment capacity, adversely affecting loan quality and increasing asset risks. Profitability gains are expected to

Moody’s 2024 Outlook – Negative for Global Banks2023-12-12T10:04:28-05:00
12 12, 2023

Overseas Headlines – December 12, 2023

2023-12-12T08:36:30-05:00

December 12, 2023   United States: Inflation Expected to Stay Flat, Giving Fed Room to Cut Rates A monthly Bureau of Labor Statistics report due Tuesday is set to show consumer prices were unchanged again in November, giving the Federal Reserve room to consider lower interest rates in the months ahead, according to Bloomberg Economics.

Overseas Headlines – December 12, 20232023-12-12T08:36:30-05:00
11 12, 2023

Trade In Shares: GraceKennedy Limited (GK)

2023-12-11T14:43:53-05:00

December 11, 2023   GraceKennedy Limited (GK) has advised that a senior officer purchased 80,057 GK shares on December 1, 2023, pursuant to the 2009 Stock Option Plan – Long Term Incentive Scheme of GraceKennedy Limited. GK has also advised that the Company purchased 100,966 GK shares under the GraceKennedy Share Repurchase Programme on November

Trade In Shares: GraceKennedy Limited (GK)2023-12-11T14:43:53-05:00
11 12, 2023

Trade In Shares: Jamaican Teas Limited (JAMT)

2023-12-11T14:43:14-05:00

December 11, 2023   Jamaican Teas Limited (JAMT) has advised that a director sold 289,739 JAMT shares between December 4 – 7, 2023. JAMT has also advised that a director sold 110,261 JAMT shares on December 8, 2023.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry

Trade In Shares: Jamaican Teas Limited (JAMT)2023-12-11T14:43:14-05:00
11 12, 2023

Trade In Shares: One on One Limited (ONE)

2023-12-11T14:42:17-05:00

December 11, 2023   One On One Educational Services Limited (ONE) has advised that a senior manager sold 14,812 ONE shares on December 5, 2023.   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

Trade In Shares: One on One Limited (ONE)2023-12-11T14:42:17-05:00
11 12, 2023

Dividend Declaration: Spur Tree Spices Jamaica Limited (SPURTREE)

2023-12-11T14:41:29-05:00

December 11, 2023   Spur Tree Spices Jamaica Limited (SPURTREE) has advised that at a meeting held on December 8, 2023, the Board of Directors agreed to a final dividend of $0.0150 per share payable on January 26, 2024, to all shareholders on record as at December 22, 2023. The ex-dividend date is December 21,

Dividend Declaration: Spur Tree Spices Jamaica Limited (SPURTREE)2023-12-11T14:41:29-05:00
11 12, 2023

Dividend Declaration: Scotia Group Jamaica Limited (SGJ)

2023-12-11T14:39:58-05:00

December 11, 2023   Scotia Group Jamaica Limited (SGJ) has advised that at a meeting held on December 8, 2023, the Board of Directors agreed to a final dividend of $0.40 per share payable on January 19, 2024, to all shareholders on record as at December 28, 2023. The ex-dividend date is December 27, 2023.

Dividend Declaration: Scotia Group Jamaica Limited (SGJ)2023-12-11T14:39:58-05:00
11 12, 2023

Special Advisory: Scotia Group Jamaica Limited (SGJ)

2023-12-11T14:39:20-05:00

December  11, 2023   Scotia Group Jamaica Limited (SGJ) has advised that Dr. William Warren Smith has resigned from the Board of Directors of Scotia Group Jamaica Limited and The Bank of Nova Scotia Jamaica Limited effective December 9, 2023.   Disclaimer: Company Disclosure -The information contained herein has been obtained from sources believed to

Special Advisory: Scotia Group Jamaica Limited (SGJ)2023-12-11T14:39:20-05:00
11 12, 2023

SGJ reports 67% growth in year-end net profit

2023-12-11T13:11:59-05:00

December 11, 2023 Scotia Group Jamaica Limited (SGJ) for the year ended October 31, 2023, reported a 31% increase in Interest income totalling $40.84 billion compared to $31.20 billion in the corresponding period last year. Interest income for the fourth quarter had a 22% increase to close at $11.59 billion compared to $9.50 billion for

SGJ reports 67% growth in year-end net profit2023-12-11T13:11:59-05:00