June 2, 2020 IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 5,000 ROC shares on May 28, 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)
June 2, 2020 Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a 7% increase in revenue to $1.03 billion from $960.32 million reported for the corresponding period in 2018. For the quarter, the Company recorded revenues of $240.55 million (2018: $243.87 million), representing a 1% decline. Cost of sales for the year ended December 31, 2019 rose
United States: U.S. Economy Is Opening Back Up, But the Covid-19 Fallout Will Linger “The U.S. economy is slowly coming back to life as restrictions on businesses loosen in all 50 states, but the economic fallout of the coronavirus pandemic is far from over. Buoyed by the reopening of businesses across the country, most figures
June 1, 2020 Lasco Distributors Limited (LASD) posted 8% growth in revenue to $19.50 billion, up from $18.13 billion in the corresponding period in 2019. For the quarter, revenue increased by 8% closing at $5.20 billion (2019: $4.80 billion). LASD highlighted, “ During the year, we launched our reduced sugar ICOOL beverage line in four
Government Operations Results for April 2020 For the period of April 2020, the GOJ reported Total Revenues & Grants of $36.77 billion, $3.70 million more than the Government’s projection. Furthermore, year over year, this represents a decrease of approximately 20.3% relative to the $46.11 billion recorded for the corresponding period in 2019. Tax Revenue’ amounted
Daily Market Summary 1.06.2020 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
June 01, 2020 KEY Insurance Company Limited (KEY) for the quarter ended March 31, 2020, reported a 153% increase in net premiums written to $176.68 million from $69.86 million in 2019. The Company recorded a 27% decrease in gross premiums written from $368.71 million in 2019 to $269.28 million for the quarter ended March 31, 2020. KEY noted this was,
June 1, 2020 Key Insurance Company Limited (KEY) has advised that Corporate Services Manager, Ms. Treveen Little, has demitted office effective May 29, 2020. This departure stems from a recent review of the Company’s organizational structure at all levels geared towards improving efficiency. Analyst Certification -This research report is for information purposes only and should not be
June 1, 2020 Supreme Ventures Limited (SVL) has advised of the expansion of its gaming machine business in Jamaica with the conclusion of negotiations to widen its purview within the current contract arrangement with ICE Jamaica Limited. The revenue-sharing arrangement with ICE Jamaica, who for over ten years has provided VLT Route services offering Las Vegas style
