June 6, 2023 ISP Finance Services Limited (ISP) for the three months ended March 31, 2023: Net interest income marginally increased to $97.14 million (2022: $97.43 million) after interest expenses increased 93% to $13.77 million (2022: $7.12 million) and total interest income increased 6% to $110.91 million (2022: $104.55 million). Management noted that the increase
June 6, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 31, 2023, was J$14.97. MJE’s last traded price on May 31, 2023 was $11.00. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
June 6, 2023 United States: Goldman Lowers US Recession Probability to 25% After Debt Deal Goldman Sachs Group Inc. lowered its estimate of the odds of a US recession over the next 12 months to 25% based on waning banking-sector stress and the bipartisan agreement to suspend the nation’s debt limit. The move reverses
June 5, 2023 Dolla Financial Services Limited (DOLLA) has advised that pursuant to the Microcredit Act, the Company is now awaiting consent from the Bank of Jamaica (BOJ) to proceed with the commencement of operations in St. Lucia and Barbados. DOLLA has also advised of the appointment of Mr. Kenroy Kerr to the position
June 5, 2023 TransJamaican Highway Limited (TJH) has advised that consequent to the appointment of Mr. Nicholas A. Scott to the Board of Directors, the Notice of Annual General Meeting previously issued in the Company’s 2022 Annual Report has been amended to include Mr. Scott’s appointment. Disclaimer: Analyst Certification -The views expressed in this
June 5, 2023 Mayberry Investments Limited (MIL) has advised that the Company has recently been the subject of a cyber-attack. MIL has further advised that the Company’s cyber experts have been working assiduously to remediate this occurrence. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
June 5, 2023 Caribbean Producers (Jamaica) Limited (CPJ) has advised that its Board of Directors has approved plans for a U$1M solar expansion project, with installation to commence in Q1 of FY2024. The Board has also approved a U$2.3M plan for the modernization of the Meat Processing Plant, with work to commence in Q1
June 5, 2023 Jamaican Teas Limited (JAMT) has advised that a Director and a Senior Manager sold a total of 145,000 JAMT shares during the period May 29 to 31, 2023. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
June 5, 2023 Wisynco Group Limited (WISYNCO) has advised that a connected party sold 198,500 WISYNCO shares on May 31, 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 date of this
June 5, 2023 Kingston Wharves Limited (KW) has advised that a connected party sold a total of 351,156 KW shares during the period May 20 to June 2, 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)
