1 06, 2020

Daily Market Summary – June 1, 2020

2020-06-01T16:54:04-05:00

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

Daily Market Summary – June 1, 20202020-06-01T16:54:04-05:00
1 06, 2020

KEY reports first quarter net loss of $338.62 million

2020-06-01T16:53:22-05:00

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,

KEY reports first quarter net loss of $338.62 million2020-06-01T16:53:22-05:00
1 06, 2020

Special Advisory: Key Insurance Company Limited (KEY)

2020-06-01T16:51:17-05:00

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

Special Advisory: Key Insurance Company Limited (KEY)2020-06-01T16:51:17-05:00
1 06, 2020

Special Advisory: Supreme Ventures Limited (SVL)

2020-06-01T16:51:10-05:00

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

Special Advisory: Supreme Ventures Limited (SVL)2020-06-01T16:51:10-05:00
1 06, 2020

Dividend Declaration: Sagicor Group Jamaica Limited (SJ)

2020-06-01T16:00:58-05:00

June 1, 2020 Sagicor Group Jamaica Limited (SJ) has advised that the Company will now proceed to make payment of the declared dividend of forty cents ($0.40) per share. Payment will be made on June 11, 2020 to shareholders on record as at April 24, 2020 and holding 1% or less of fully issued ordinary shares. Analyst

Dividend Declaration: Sagicor Group Jamaica Limited (SJ)2020-06-01T16:00:58-05:00
1 06, 2020

Trade in Shares: Wisynco Group Limited (WISYNCO)

2020-06-01T16:50:59-05:00

June 1, 2020 Wisynco Group Limited (WISYNCO) has advised that a connected party sold a total of 230,112 WISYNCO shares during the period May 26 to 29, 2020. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part

Trade in Shares: Wisynco Group Limited (WISYNCO)2020-06-01T16:50:59-05:00
1 06, 2020

CAR reports 5% increase in year end net profit

2020-06-01T14:47:01-05:00

June 01, 2020 Carreras Limited, for the year ended March 31, 2020, reported operating revenue of $14.13 billion, 9% more than the $12.91 billion booked in 2019. Revenue for the quarter increased 26% to $3.84 billion (2019: $3.04 billion). Cost of operating revenue, for the year ended March 31, 2020, increased year over year by

CAR reports 5% increase in year end net profit2020-06-01T14:47:01-05:00
1 06, 2020

LASM reports 9% decline in year end net profits

2020-06-02T12:05:54-05:00

Date: June 01, 2020 Lasco Manufacturing, for the year ended March 31, 2020, total revenue increased by 4% from $7.57 billion in 2019 to $7.89 billion in 2020. Revenue increased 5% for the fourth quarter to a total of $2.04 billion, relative to the $1.95 billion recorded for the comparable period in 2019. Cost of

LASM reports 9% decline in year end net profits2020-06-02T12:05:54-05:00
1 06, 2020

AMG reports 3% decline in six months net profit

2020-06-01T11:45:03-05:00

May 29, 2020 AMG Packaging Paper Company Limited (AMG) for the six months ended February 29, 2020 recorded turnover in the amount of $362.81 million, a decline of 6% when compared to $387.70 million the previous year. Turnover for the quarter decreased 1% to total $171.21 million relative to $173.78 million the prior year’s quarter. Cost

AMG reports 3% decline in six months net profit2020-06-01T11:45:03-05:00
1 06, 2020

Featured Stock – CFF

2020-06-01T09:20:41-05:00

Weekly Picks 1.06.20 CFF   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

Featured Stock – CFF2020-06-01T09:20:41-05:00