16 11, 2020

Overseas Headlines – November 16, 2020

2020-11-16T08:25:28-05:00

United States: The American Consumer Is Flush With Cash After Paying Down Debt “Eight months into the pandemic, Americans’ household finances are in the best shape in decades. It’s a seemingly incongruous thought, what with the widespread business lockdowns earlier in the year and coinciding surge in unemployment -- and it certainly doesn’t apply to

Overseas Headlines – November 16, 20202020-11-16T08:25:28-05:00
13 11, 2020

Dividend Declaration: PanJam Investment Limited (PJAM) 

2020-11-13T16:52:04-05:00

November 13, 2020 PanJam Investment Limited (PJAM) has declared a second interim dividend of 10.5 cents ($0.105) per stock unit payable on December 17, 2020 to stockholders on record as at November 27, 2020. The ex-dividend date is November 26, 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry

Dividend Declaration: PanJam Investment Limited (PJAM) 2020-11-13T16:52:04-05:00
13 11, 2020

Dividend Consideration: Productive Business Solution Limited (PBS)

2020-11-13T16:52:58-05:00

November 13, 2020 Productive Business Solution Limited (PBS) has advised that a dividend payment was not discussed at a Board of Directors’ meeting held on November 12, 2020. The date of the Board meeting at which a dividend payment will be considered will be provided once finalized. Disclaimer: Analyst Certification -The views expressed in this research report accurately

Dividend Consideration: Productive Business Solution Limited (PBS)2020-11-13T16:52:58-05:00
13 11, 2020

Dividend Declaration: Sagicor Select Funds Limited (SELECT)

2020-11-13T16:48:44-05:00

November 13, 2020 Sagicor Select Funds Limited (SELECT) has advised that its Board of Directors met on November 2, 2020 and decided not to declare an interim dividend at this time. 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

Dividend Declaration: Sagicor Select Funds Limited (SELECT)2020-11-13T16:48:44-05:00
13 11, 2020

Daily Market Summary – November 13, 2020

2020-11-13T15:55:29-05:00

Daily Market Summary 13.11.2020   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

Daily Market Summary – November 13, 20202020-11-13T15:55:29-05:00
13 11, 2020

JAMT reports 47% decrease in year end net profit attributable to shareholders

2020-11-15T16:01:43-05:00

November 13, 2020 Jamaican Teas Ltd (JAMT) Financial Statements for the Year Ended September 30, 2020: Jamaican Teas Limited (JAMT) reported a 70% increase in revenues to total $2.20 billion (2019: $1.29 billion). For the quarter, revenues amounted to $786.74 million (2019: $282.07 million). JAMT highlighted that, “The sale of 12 units at the Manor

JAMT reports 47% decrease in year end net profit attributable to shareholders2020-11-15T16:01:43-05:00
13 11, 2020

CAR reports 11% decline in six months net profit

2020-11-15T16:06:50-05:00

November 13, 2020 Carreras Limited (CAR) Financial Statements for the Six Months Ended September 30, 2020: Carreras Limited, for the six months ended September 30, 2020, reported Operating Revenue of $6.15 billion, a 7% decline relative to $6.64 billion booked in 2019. Revenue for the quarter closed at $3.46 billion, compared to $3.19 billion reported

CAR reports 11% decline in six months net profit2020-11-15T16:06:50-05:00
13 11, 2020

CHL reports 13% decline in year end net profit

2020-11-13T13:38:48-05:00

November 13, 2020 For the year ended September 30, 2020, Cargo Handlers Limited (CHL) revenue for the year reduced by 23% year over year to $283.46 million versus $366.45 million booked for 2019. Revenue for the quarter contracted 23% to $54.31 million versus $70.59 million booked for the same quarter of 2019. CHL noted, “The

CHL reports 13% decline in year end net profit2020-11-13T13:38:48-05:00
13 11, 2020

tTech reports 35% decline nine months net profit

2020-11-13T13:35:31-05:00

November 13, 2020 tTech Limited (tTech), for the nine months ended September 30, 2020, booked a marginal increase in revenues to $262.63 million compared to $262.08 million recorded for the prior financial year’s corresponding period. Revenue for the third quarter declined 12% to $92.35 million relative to $105.17 million for the same quarter of 2019.

tTech reports 35% decline nine months net profit2020-11-13T13:35:31-05:00
13 11, 2020

VMIL reports 27% decrease in nine months net profit

2020-11-13T11:46:51-05:00

November 13, 2020 Victoria Mutual Investments (VMIL) reported total interest income of $733.45 million, an increase of 19% relative to the $615.37 million recorded for the corresponding period in 2019. Interest income for the quarter improved 26% to $271.71 million relative to $216.96 million in 2019. Interest expense for the nine months amounted to $481.33

VMIL reports 27% decrease in nine months net profit2020-11-13T11:46:51-05:00