November 13, 2020 Net Interest Income increased by 18%, relative to 2019, to total $52.49 billion (2019: $44.60 billion). While, for the quarter, net interest income closed at $14.85 billion (2019: $14.34 billion). Net Fees and Commission Income amounted to $21.37 billion, an increase of 11% on 2019’s $19.18 billion. NCBFG indicated, “improvements in net
November 12, 2020 QWI Investments Limited (QWI) has advised that a connected party purchased 2,500,000 QWI shares on November 9, 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
November 12, 2020 JMMB Group Limited (JMMBGL): The Board of Directors of JMMBGL at its meeting held on Monday, November 9, 2020, granted approval for the Company to conduct a public offering of Cumulative Redeemable Preference Shares (the “Offer”). The Offer is being made in Jamaica only, and the distribution of the Prospectus shall only
November 12, 2020 General Accident Insurance Company Jamaica Limited (GENAC) has advised that its Board of Directors will meet on November 18, 2020 to consider the payment of dividends to stockholders. 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 12, 2020 Jamaica Stock Exchange Limited (JSE), for the nine months ended September 30, 2020 recorded total revenue of $1.26 billion, a 9% decrease when compared to the $1.39 billion booked for the prior year’s similar period. While total revenue for the quarter amounted to $373.24 million (2019: $515 million). Of this: Cess income fell by 55%
Daily Market Summary 12.11.2020 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
November 12, 2020 In United States dollars (except where it is indicated otherwise) Sygnus Credit Investments Limited, for the three months ended September 30, 2020 reported Interest Income of approximately US$1.70 million, a 51% increase on the US$1.13 million recorded in 2019. Interest expense for the quarter amounted to US$412,546 (2019: US$40,937), resulting in net
November 12, 2020 SSL Venture Capital Jamaica Limited (SSLVC), for the three months ended September 30, 2020, reported revenues of $18.25 million compared to $51.03 million in the prior year. Cost of sales for the quarter amounted to $18.07 million (2019: $34.71 million), resulting in a gross profit of $179,632 relative to $16.32 million booked
November 12, 2020 Sagicor Group Jamaica (SJ) Financial Statements for the Nine Months Ended September 30, 2020: Sagicor Group Jamaica (SJ), for the nine months ended September 30, 2019 reported a 10% decrease total revenues to $60.24 billion from $67.51 billion in 2019, while for the third quarter total revenues were down 14% to total $21.39
United States: Biden Will Need to Repair a Global Economic Order Trump Damaged “If Donald Trump has illustrated anything as president, it’s that the postwar global economic order is more fragile than anyone thought. Think of America’s trading relationships and rank in the world as a painstakingly assembled collection of delicate pottery that for generations
