United States: The Fed Effort to Save Midsize Firms Isn’t Working, and Here’s Why “It sounded like a great idea back in April. With the economy getting hammered by Covid-19, the Federal Reserve hatched a bold plan to rescue thousands of midsize companies that were falling into a gap between government aid programs. Using its
November 30, 2020 Palace Amusement Company’s (PAL) audited results for the year ended June 30, 2020 reported total revenues of $919.84 million, a 17% decrease when compared with the $1.11 billion recorded for the corresponding period in 2019. The total revenue for the quarter decreased 94% to total $20.67 million relative to the $338 million
November 30, 2020 Paramount Trading (Jamaica) Limited (PTL) has advised that Mr. Jukie Chin has resigned from the Board of Directors of the Company effective November 27, 2020. 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
November 30, 2020 Kingston Properties Limited (KPEIT) has advised that its Board of Directors, pursuant to Article 105 of the Articles of Incorporation of the Company, has appointed Mr. Phillip Silvera as a Director of the Company. Mr Silvera is a fellow of the Association of Chartered Certified Accountants (FCCA) – UK, the Institute of
November 30, 2020 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased a total of 42,000 MJE shares during the period November 24 to 26, 2020. 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
November 30, 2020 Supreme Ventures Limited (SVL) has advised that a connected party purchased 16,000 SVL shares and sold 33,452 SVL shares. These transactions were conducted during the period November 24 to 26, 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department
Daily Market Summary 30.11.2020 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, or will be,
November 30, 2020 Honey Bun (1982) Limited (HONBUN), booked an 8% increase in revenue to $1.67 billion, up from $1.54 billion reported a year ago. For the fourth quarter, revenue climbed by 15% totaling $431.38 million (2019: $374. million). The Company booked a 10% increase in cost of sales to $875.50 million (2019: $799.17 million)
November 30, 2020 For the six months ended October 31, 2020:- Blue Power Group Limited (BPOW), for the six months ended October 31, 2020 booked a 36% increase in revenue to total $313.84 million compared to $231.43 million for the corresponding period in 2019. Revenue for the quarter totalled $151.99 million, 35% above last year’s corresponding
November 30, 2020 Audited Financial Statements Year Ended August 31, 2020: AMG Packaging and Paper Company Limited (AMG) for the year ended August 31, 2020 recorded turnover in the amount of $720.45 million (2019: $762.30 million), a 5% decrease when compared to 2019. Turnover for the quarter increased by 7%, moving from $174.68 million in
