June 18, 2020 Kingston Wharves’ newly appointed Chief Executive Officer, Mr. Mark Williams, commended the Company for delivering once again, robust results for FY2019 which demonstrates that the Company’s strategic focus remains on target. The Group recorded revenues of $7.89 billion for FY2019, 9% above the $7.25 billion booked in FY2018. Of this, the Group’s
June 18, 2020 Dear Stakeholders: As mentioned in our Financial Statements for the quarter ended March 31, 2020, the COVID-19 pandemic which affects almost all the world's economies, has also impacted Transjamaican Highway Limited. The first two months of this year were marked by a 2.1% increase in toll transactions compared to the same
June 18, 2020 Brent Oil Brent oil prices increased by 7.44% or US$2.87, as prices rose this week relative to the prior week. Oil traded on June 18, 2020 at a price of US$41.42 per barrel relative to US$38.55 on June 11, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
United States: U.S. Jobless Claims Declined Less Than Forecast in Latest Week “Applications for unemployment benefits in the U.S. fell less than forecast last week, showing only gradual improvement from the worst of the pandemic-related layoffs even as states re-open more of their economies. Initial jobless claims for regular state programs totaled 1.51 million in
June 17, 2020 QWI searching for opportunities Chairman of QWI Investments Limited (QWI), Mr. John Jackson, expressed his optimism regarding the Company's investment in Access Financial Services (AFS). The Chairman noted, "QWI made the right decision at the right time. A large amount of the stock (AFS) was purchased at market value, which was at
June 17, 2020 Chairman of Jamaica Teas Limited (JAMT), Mr. John Jackson, heaped praise on the Company noting, “Jamaican Teas completed a very successful year to September 2019, in which Total Comprehensive Income more than doubled from $241 million last year to $483 million in the financial year just ended.” He further highlighted that, “JAMT
June 17, 2020 USA Economic Review -May 2020 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,
June 17, 2020 Carreras Limited (CAR) has advised of the appointment of Mr. Dwaine Williams as Marketing Deployment Manager effective June 18, 2020. 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 17, 2020 Proven Investments Limited (PROVEN) has declared a dividend of US$0.0028 per share payable on July 20, 2020 to all ordinary shareholders on record as at July 6, 2020. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.3938 per share. The ex-dividend date is July 3, 2020.
June 17, 2020 Supreme Ventures Limited (SVL) has advised that two connected parties sold a total of 94,117 SVL shares on June 15, 2020. 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.
