29 07, 2021

Dividend Consideration: Barita Investments Limited (BIL)

2021-07-29T16:19:57-05:00

July 29, 2021 Barita Investments Limited (BIL) has advised that a meeting of the Board of Directors will be held on Wednesday, August 4, 2021 to consider a resolution for the declaration of an interim dividend. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department

Dividend Consideration: Barita Investments Limited (BIL)2021-07-29T16:19:57-05:00
29 07, 2021

Trade in Shares: Supreme Ventures Limited (SVL)

2021-07-29T16:14:51-05:00

July 29, 2021 Supreme Ventures Limited (SVL) has advised that a connected party purchased 569,151 SVL shares on July 28, 2021. 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

Trade in Shares: Supreme Ventures Limited (SVL)2021-07-29T16:14:51-05:00
29 07, 2021

BRG reports six months net profit of $10.08 million

2021-07-29T15:28:34-05:00

July 29, 2021 Berger Paints Jamaica Limited (BRG) for the six months ended June 30, 2021 reported total Revenues of $1.26 billion, a 37% increase relative to $920 million reported in for the comparable period in 2020. Total revenues for the quarter totalled $665.73 million, 62% more than the $411.50 million booked in 2020. Changes

BRG reports six months net profit of $10.08 million2021-07-29T15:28:34-05:00
29 07, 2021

Gas Price Movement: July 29, 2021

2021-07-29T13:46:13-05:00

Brent Oil Brent oil prices increased by 1.22% or US$0.90., as prices decreased this week relative to the prior week. Oil traded on July 29, 2021 at a price of US$74.69 per barrel relative to US$73.79 on July 22, 2021. Brent oil opened 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices increased

Gas Price Movement: July 29, 20212021-07-29T13:46:13-05:00
29 07, 2021

JSE reports 11% decrease in six months net profit

2021-07-29T12:37:22-05:00

July 29, 2021 Jamaica Stock Exchange Limited (JSE), for the first six months ended June 30, 2021 recorded total revenue of $851.94 million, a 4% decrease when compared to the $886.85 million booked the prior year’s corresponding period. For the second quarter the Company reported a 17% increase in total revenue to close the quarter at $441.49 million (2020:

JSE reports 11% decrease in six months net profit2021-07-29T12:37:22-05:00
29 07, 2021

LASM reports 18% increase in first quarter net profit

2021-07-29T11:41:52-05:00

July 29, 2021 Lasco Manufacturing Limited (LASM) for the three months ended June 30, 2021 recorded an increase of 26% in total revenue to total $2.32 billion, relative to the $1.85 billion recorded for the comparable period in 2020. Cost of sales amounted to $1.48 billion (2020: $1.13 billion) for the quarter, an increase of

LASM reports 18% increase in first quarter net profit2021-07-29T11:41:52-05:00
29 07, 2021

Overseas Headlines – July 29, 2021

2021-07-29T08:09:07-05:00

United States: U.S. Jobless Claims Declined Last Week, Near Pandemic Low “Applications for U.S. state unemployment fell last week, signaling that the labor market continues to improve even as the delta variant of Covid-19 rages amid sustained vaccine hesitancy. Initial jobless claims in regular state programs totaled 400,000 in the week ended July 24, down

Overseas Headlines – July 29, 20212021-07-29T08:09:07-05:00
28 07, 2021

Fed holds  federal funds rate, says economy improving despite pandemic fears

2021-07-28T16:23:35-05:00

July 28, 2021 On Wednesday, the Federal Reserve held its benchmark interest rate at 0 and 0.25% after the Federal Open Market Committee concluded its two-day meeting. This target range is expected to be maintained until labor market conditions have reached levels consistent with the Committee’s assessments. FOMC highlighted advancements in vaccines and strong policy

Fed holds  federal funds rate, says economy improving despite pandemic fears2021-07-28T16:23:35-05:00
28 07, 2021

JSE plans to rollout direct market access next quarter

2021-07-28T16:20:39-05:00

July 28, 2021 Mrs. Marlene Forrest discussed the company's financial performance during the last year, noting that revenue was $1.76 billion (2019: $1.896 billion), resulting in a 21.7% drop in net profit to $407 million (2020: $520 million). It was also highlighted that the Main Market began the year with 59 securities and concluded the

JSE plans to rollout direct market access next quarter2021-07-28T16:20:39-05:00
28 07, 2021

Special Advisory: Eppley Limited (EPLY) 

2021-07-28T16:19:14-05:00

July 28, 2021 Eppley Limited (EPLY) has advised that the Company intends to redeem on August 31, 2021 (the “Redemption Date”), the 8.25% Cumulative Redeemable Fixed Rate Preference Shares maturing in 2021, at a redemption price of 100% of the Issue Price thereof plus accrued dividends (“the Redemption Price”). EPLY has also advised that the Company

Special Advisory: Eppley Limited (EPLY) 2021-07-28T16:19:14-05:00