24 05, 2023

JETCON reports first quarter net loss of $1.76 million

2023-05-24T15:42:53-05:00

May 24, 2023 Jetcon Corporation Limited (JETCON) for the three months ended March 31, 2023, reported a 30% fall in turnover to $179.71 million (2022: $255.07 million). Cost of sales also decreased by 28% to $154.11 million (2022: $215.37 million), while gross profit declined 36% to $25.60 million compared to $39.70 million in 2022. Total

JETCON reports first quarter net loss of $1.76 million2023-05-24T15:42:53-05:00
24 05, 2023

Dividend Consideration: Fontana Limited (FTNA)

2023-05-24T15:32:54-05:00

May 24, 2023   Fontana Limited (FTNA) has advised that the payment of dividends will be considered at a Board of Directors’ meeting to be held on Thursday, June 8, 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

Dividend Consideration: Fontana Limited (FTNA)2023-05-24T15:32:54-05:00
24 05, 2023

Special Advisory: FosRich Company Limited (FOSRICH)

2023-05-24T15:31:20-05:00

May 24, 2023   FosRich Company Limited (FOSRICH) has advised that the Company has set the Record Date for the Company’s upcoming Rights Issue. The approved Record Date is Friday, 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

Special Advisory: FosRich Company Limited (FOSRICH)2023-05-24T15:31:20-05:00
24 05, 2023

Special Advisory: LASCO Financial Services Limited (LASF)

2023-05-24T15:29:16-05:00

May 24, 2023   LASCO Financial Services Limited (LASF) has advised that Mr. James E. D. Rawle was appointed Deputy Executive Chairman on May 18, 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

Special Advisory: LASCO Financial Services Limited (LASF)2023-05-24T15:29:16-05:00
24 05, 2023

Special Advisory: NCB Financial Group Limited (NCBFG)

2023-05-24T15:27:26-05:00

May 24, 2023   NCB Financial Group Limited (NCBFG) has advised that the Honourable Michael Lee-Chin, OJ has indicated that he is taking a leave of absence effective immediately from the Boards of NCBFG, National Commercial Bank Jamaica Limited (NCBJ) and Guardian Holdings Limited (GHL) to allow him to focus on certain pressing business and

Special Advisory: NCB Financial Group Limited (NCBFG)2023-05-24T15:27:26-05:00
24 05, 2023

Trade In Shares: TransJamaican Highway Limited (TJH)

2023-05-24T15:26:09-05:00

May 24, 2023   TransJamaican Highway Limited (TJH) has advised that on May 19, 2023, a member of the Audit Committee purchased 800,000 TJH shares.   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: TransJamaican Highway Limited (TJH)2023-05-24T15:26:09-05:00
24 05, 2023

Trade In Shares: Kingston Wharves Limited (KW)

2023-05-24T15:24:34-05:00

May 24, 2023   Kingston Wharves Limited (KW) has advised that a connected party sold a total of 6,397 KW shares during the period May 19 to 22, 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

Trade In Shares: Kingston Wharves Limited (KW)2023-05-24T15:24:34-05:00
24 05, 2023

PJAM reports first quarter net loss attributable to shareholders of $11.12 million

2023-05-24T14:51:12-05:00

May 24, 2023   Unaudited financial statements for the three months ended March 31, 2023: Investment income decreased by 96% to $10.13 million (2022: $236.94 million). Hotel Income was $448 million. (2022: nil) Total Income increased by 31% to $1.01 billion. (2022: $769.49 million). Operating Expenses increased by 155% to $1.39 billion (2022: $545.64 million).

PJAM reports first quarter net loss attributable to shareholders of $11.12 million2023-05-24T14:51:12-05:00
24 05, 2023

UK’s inflation rate was 8.7% in April 2023

2023-05-24T12:10:29-05:00

May 24, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.8% as at April 2023 while the Consumer Prices Index (CPI) rose by 8.7%. CPIH & CPI in March 2023 were 8.9% & 10.1%, respectively. On a monthly basis, CPIH rose by

UK’s inflation rate was 8.7% in April 20232023-05-24T12:10:29-05:00
24 05, 2023

Overseas Headlines – May 24, 2023

2023-05-24T09:12:42-05:00

May 24, 2023   United States: US Mortgage Rates Rise to Highest Since March, Slowing Demand US mortgage rates rose to a more than two-month high, reducing home purchase and refinance activity. The contract rate on a 30-year fixed mortgage increased 12 basis points to 6.69%, according to Mortgage Bankers Association data out Wednesday. The

Overseas Headlines – May 24, 20232023-05-24T09:12:42-05:00