12 03, 2020

Overseas Headlines- March 12, 2020

2020-03-12T08:28:45-05:00

United States: U.S. Jobless Claims Fall to 211,000 in Week Ending March 7 “Filings for U.S. unemployment benefits unexpectedly decreased last week, indicating companies are holding on to workers even as the coronavirus outbreak starts to weigh on economic activity. Jobless claims fell by 4,000 to 211,000 in the week ended March 7, according to Labor Department figures released

Overseas Headlines- March 12, 20202020-03-12T08:28:45-05:00
11 03, 2020

Special Advisory: Pulse Investments Limited (PULS)

2020-03-11T21:19:49-05:00

Date: March 11, 2020 Pulse Investments Limited (PULS) has advised that the following matters were considered and approved at a Board of Directors’ meeting held on March 9, 2020: That, pursuant to the resolutions passed at the Annual General Meeting of PULS held on February 18, 2020, the Company effects an Additional Public Offer to

Special Advisory: Pulse Investments Limited (PULS)2020-03-11T21:19:49-05:00
11 03, 2020

Special Advisory: PanJam Investment Limited (PJAM)

2020-03-11T21:17:20-05:00

Date: March 11,2020 PanJam Investment Limited (PJAM) has advised that at a Board of Directors’ meeting held on March 6, 2020 the following items were considered: Consideration of an Additional Public Offer (APO) Consideration of an increase in the authorized share capital Consideration of a stock split At the abovementioned board meeting, the Board also

Special Advisory: PanJam Investment Limited (PJAM)2020-03-11T21:17:20-05:00
11 03, 2020

Dividend Declaration: PanJam Investment Limited (PJAM)

2020-03-11T21:15:09-05:00

Date: March 11, 2020 PanJam Investment Limited (PJAM) has advised that at a Board of Directors’ meeting held on March 6, 2020 the following items were considered: Approval of the first dividend payment for 2020. The decision of the Board was duly communicated to the JSE on Friday March 6, 2020   Analyst Certification -The views

Dividend Declaration: PanJam Investment Limited (PJAM)2020-03-11T21:15:09-05:00
11 03, 2020

Trade in Shares: Supreme Venture Limited (SVL)

2020-03-20T16:29:58-05:00

Date: March 11, 2020 Supreme Venture Limited (SVL) has advised that two connected parties sold a total of 176,953 SVL shares and that a connected party purchased 7,998 SVL shares. These transactions were conducted during the period February 27 to March 9, 2020.   Analyst Certification -The views expressed in this research report accurately reflect the

Trade in Shares: Supreme Venture Limited (SVL)2020-03-20T16:29:58-05:00
11 03, 2020

Trade in Shares: NCB Financial Group Limited (NCBFG)

2020-03-20T16:30:06-05:00

Date: March 11, 2020 NCB Financial Group Limited (NCBFG) has advised that a Director and a connected party purchased a total of 75,000 NCBFG shares on March 5, 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

Trade in Shares: NCB Financial Group Limited (NCBFG)2020-03-20T16:30:06-05:00
11 03, 2020

LUMBER reports six months net profit of $37.48 million

2020-03-12T09:13:20-05:00

Date: March 11, 2020 **Prior year period, 2019, was calculated using Segment Report information from Blue Power Group Limited’s Financial Statements: The Lumber Depot Limited (LUMBER), for the six months ended January 31, 2020, reported revenue of $628.40 million, an increase of 6% year over year (2019: $591.69 million). Cost of sales for the period

LUMBER reports six months net profit of $37.48 million2020-03-12T09:13:20-05:00
11 03, 2020

Honey Bun increased export sales by 40%

2020-03-11T16:01:26-05:00

March 11, 2020 HONBUN experienced double digit improvements in the Company’s top and bottom line as a direct result of expenditure in high capacity machinery and the renewed push into export sales which grew by 40%, according to Chairman, Herbert Chong. The Company’s Chief Executive Officer (CEO), Mrs. Michelle Chong, highlighted that for the 2019

Honey Bun increased export sales by 40%2020-03-11T16:01:26-05:00
11 03, 2020

Overseas Headlines- March 11, 2020

2020-03-11T08:44:36-05:00

March 11, 2020 United States: Fed Faces Zero Rate Debate With Wall Street Split on Timing “At the height of last summer, New York Federal Reserve President John Williams temporarily roiled markets when he argued that central banks running low interest rates should act boldly to inoculate their economies against unfolding ailments. “When you only

Overseas Headlines- March 11, 20202020-03-11T08:44:36-05:00
10 03, 2020

Overseas Headlines- March 10, 2020

2020-03-10T18:19:12-05:00

March 10 2020 United States: Trump Floats Payroll Tax Cut After Market Plunged on Virus Fears “President Donald Trump said Monday he will seek a payroll tax cut and “very substantial relief” for industries that have been hit by the virus, reversing course on the need for economic stimulus hours after markets posted their worst

Overseas Headlines- March 10, 20202020-03-10T18:19:12-05:00