May 15, 2020 Kingston Properties Limited, for the three months period, reported rental income of US$450,080, 1% less than the US$455,199 reported in the previous corresponding period. KPREIT stated that, ‘the lower year on year balance was mainly due to higher than expected vacancy in our Grenada Crescent property in Jamaica compared to the prior year. This
May 15, 2020 Caribbean Flavours and Fragrances (CFF) revenues increased by 33% to $149.39 million relative to $112.58 million for the comparable period in 2019. CFF stated that, “the Company’s improved performance this quarter was driven by a growth in sales in both the local and overseas markets. During this quarter and as a response to the
Daily Market Summary 15.05.2020 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, or will be, directly or
May 15. 2020 Eppley Limited (EPLY) for the three months ended March 31, 2020, reported interest income of $91.29 million a 1% or $544,000 decrease when compared $91.83 million recorded for the corresponding period in 2019. Interest expenses for the period amounted to $50.03 million, a 10% increase when compared to $45.30 million recorded in the
May 15, 2020 GraceKennedy Limited (GK) has declared a dividend of 25 cents per stock unit payable on June 15, 2020 to stockholders on record as at May 29, 2020. The Company’s Register of Members will be closed from the close of business on May 29, 2020 to June 5, 2020. The ex-dividend date is
May 15, 2020 Eppley Limited (EPLY) has declared an ordinary dividend of 3.72 cents per share payable on June 12, 2020 to stockholders on record as at May 29, 2020. The ex-dividend date is May 28, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department
May 15, 2020 Sagicor Group Jamaica Limited (SJ) has advised that, subject to regulatory approval, the following persons have been appointed to the Board of Directors of the Company effective May 13, 2020: Ms. Lisa Lake Mr. Reza Satchu Mr. Mahmood Khimji Mr. Timothy Hodgson SJ has further advised that Messrs. Jeffrey Cobham and Richard
May 15, 2020 IronRock Insurance Limited (ROC) has advised that a connected party purchased 104,398 ROC shares on May 11, 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)
May 15, 2020 GraceKennedy Limited (GK) recorded revenues of $28.85 billion for the period under review (2019: $25.93 billion), a year over year increase of 11%. Of this, revenue from products and services amounted to $27.77 billion (2019: $24.93 billion) and interest revenue totalled $1.08 billion (2019: $1 billion). Segment report is as follows: The
United States: U.S. Retail Sales Fell 16.4% in April, Worse Than March Record “U.S. retail sales plunged in April, shattering the prior record set just a month earlier, as the coronavirus pandemic shuttered businesses, spurred layoffs and kept Americans at home. Revenue at retailers and restaurants fell 16.4% in April from the prior month, almost double
