May 14, 2020 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 8,000 MJE shares on May 13, 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 14, 2020 Since mid-March 2020, financial institutions have experienced an extraordinary need for liquidity in order to facilitate portfolio shifts by their customers and to build buffers against growing uncertainty. In response to liquidity needs Bank of Jamaica initiated several measures including the purchase of securities and the extension of short-term lending in order
May 14, 2020 138SL’s income increased by 71% to $733.59 million relative to the $428.15 million recorded for the corresponding six months period the year prior. Other operating income also increased for the period under review, growing 19% to $19.57 million relative to $16.40 million a year earlier. Income for the quarter rose by 32% to $278.35
May 14, 2020 Brent Oil Brent oil prices increased by 3.29% or US$0.97, as prices rose this week relative to the prior week. Oil traded on May 14, 2020 at a price of US$30.43 per barrel relative to US$29.46 on May 07, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
May 14, 2020 Click on the link below. https://www.mayberryinv.com/strategic-investing-magazine/ 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,
United States: U.S. Jobless Claims in Millions Again, Higher Than Expected “The number of Americans seeking unemployment benefits remained in the millions for an eighth straight week as the economy continued to reel from the coronavirus pandemic. Initial jobless claims in state programs totaled 2.98 million in the week ended May 9, Labor Department figures
May 13, 2020 Salada Foods Jamaica Limited (SALF), recorded a 14% increase in turnover for the six months to close at $562.78 million (2019: $494.50 million). Managers stated, “this is attributed to increase sales in both export and contract manufacturing business segments.” As for the second quarter, revenue amounted to $274.32 million (2019: $322.17 million),
May 13, 2020 Cargo Handlers Limited (CHL) revenues for the six months fell 12% year over year to $191.37 million versus $216.32 million booked in 2019. Revenue for the quarter contracted 6% to $104.26 million versus $111.45 million booked for the same quarter of 2019. CHL noted this, “was attributable to fewer than anticipated
May 13, 2020 Transjamaican Highway Limited (TJH), for the three months ended March 31, 2020, reported a 1% increase in revenue US$12.96 million relative to US$12.79 million in the corresponding quarter last year. TJH noted that, "revenue consists mainly of Toll Collections. Under the Concession Agreement, the Company also have the right to collect revenues
May 13, 2020 Sagicor Select Funds Limited (SELECT) has advised that the Board has decided not to declare an interim dividend for this period based on a decision by the BOJ and the Financial Sector to temporarily suspend the payment of dividends. Analyst Certification -The views expressed in this research report accurately reflect the personal views
