August 14, 2020 Derrimon Trading Limited (DTL), for six months ended June 30, 2020, reported trading income of $6.30 billion compared to the $6.29 billion booked for the prior year’s comparable period. DTL indicated, “The impact of the slow-down in economic activities and demand by consumers and manufacturers as a result of the Covid-19 pandemic
August 17, 2020 GWEST Corporation Limited, for the three months ended June 30, 2020, booked total revenue amounting to $24.16 million, a decrease of 27% when compared with the $33.14 million booked last year. Management noted that, “revenue was mainly impacted by a 54% reduction in patient fee during the quarter. The reduction in patient
August 17, 2020 Kingston Properties Limited reported Rental Income of US$903,470, 5% more than the US$856,875 reported for 2019. However, for the quarter, there was a 12% rise from US$401,676 in 2019 to US$448,890. KPREIT noted that, “The higher year on year figure was mainly due to the acquisition of the Rosedale warehouse properties in
August 17, 2020 Weekly Picks 17.08.20 LASM 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,
United States: New York Manufacturing Expands Less Than Forecast as Orders Drop “Manufacturing in New York State expanded in August at a slower pace than projected as more factories reported declining orders, indicating the coronavirus continues to limit momentum in the recovery. The Federal Reserve Bank of New York’s general business conditions index dropped to
August 14, 2020 Medical Disposables & Supplies Limited (MDS) for the three months ended June 30, 2020, reported revenue of $510.08 million, a decrease of 8% compared to the $557.23 million booked in 2019. According to Management, “this decline in sales is a direct result of the economic downturn brought about by the COVID-19 pandemic and
August 14, 202 Radio Jamaica Limited (RJR), revenue for the first three months ended June 30, 2020, decreased by 22% from $1.36 billion in 2019 to $1.06 billion. RJR stated that this was “largely experienced in the Print and Audio segments of the business heavily impacted by the onslaught of the COVID-19 pandemic.” However, “revenue
August 14, 2020 Sagicor Group Jamaica Limited (SJ) has advised that 11,000 SJ shares were transferred to eligible employees of the Company on August 11, 2020 under the SLJ Employee Share Purchase Plan. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)
August 14, 2020 Supreme Ventures Limited (SVL) has advised that its registered office address and principal place of business has changed from 4thFloor, R Danny Williams Building, 28-48 Barbados Avenue, Kingston 5, to 9a Retirement Crescent, Kingston 5 effective June 30, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views
August 14, 2020 Community & Workers of Jamaica Co-operative Credit Union Limited (CWJDEFERREDA) has advised that dividend payments on the Series A -7.35% Variable Rate JMD Deferred Shares due 2023 (the Deferred Shares) will be made on the 15th day of each month to shareholders on record as at the 28th day of the prior month. If the 15th
