June 2, 2022 Government Operations Results for May 2022 For the period of April to May 2022, the GOJ reported Total Revenues & Grants of $107.76 billion, $6.30 billion more than the Government’s projection. This represented a decline of approximately 9.1% relative to the $118.58 billion recorded for the corresponding period in 2021. ‘Grants’, ‘Bauxite
July 4, 2022 Weekly Picks 04.07.2022 LASF 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 compensation was, is,
July 1, 2022 Victoria Mutual Investments Limited (VMIL) has advised that the Company has partnered with London-based Actus Partners (Actus), and together they have successfully completed the first closing of a new Caribbean private equity fund focused on Small & Medium Enterprises (SMEs). The fund, named the Jamaica Actus Small & Medium Enterprises Fund I
July 1, 2022 Lumber Depot Limited (LUMBER) has advised that Mrs. Symone Mayhew QC has resigned as a member of the Board and the Audit Committee of the company with effect from June 30, 2022. Mrs. Mayhew has indicated that her resignation is entirely due to other work commitments and is not related to the
July 1, 2022 The U.S Bureau of Labour Statistics reported that unemployment rates were lower in May 2022 than they were a year earlier in 385 of the 389 metropolitan areas, higher in 2, and unchanged in 2. Two locations had rates of at least 10%, and a total of 150 areas had rates of
July 01, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 29, 2022, was J$17.59. MJE’s last traded price on June 29, 2022, was $13.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report
Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2021, reported a 38% increase in turnover for the twelve months to $869.59 million (2020: $629.28 million), while for the fourth quarter revenues rose by 62% to $262.65 million in 2021 from $162.12 million in 2020. Cost of sales also increased by 37% to $750.79 million
July 1, 2022 United States: Stocks Climb While 10-Year Yields Drop Below 2.9%: Markets Wrap Stocks rebounded after their worst first half in 52 years, with traders assessing the outlook for the economy. The S&P 500 erased losses at the end of a week marked by intense volatility. A rally in bonds pushed the
July 1, 2022 According to the Statistical Institute of Jamaica (STATIN), the total value added at constant prices for the Jamaican economy grew by 6.4 per cent in the first quarter of 2022 when compared to the similar quarter of 2021. This was 0.4 per cent higher than the Planning Institute of Jamaica’s (PIOJ) estimated
June 30, 2022 Ciboney Group Limited (CBNY) has advised that further to its News Release in October, 2021 regarding efforts by the majority shareholder to dispose of its shareholding, CBNY has now been informed by the majority shareholder that from the offers received and following the usual due diligence exercise, a suitable prospective purchaser was
