October 16, 2019 Paramount Trading (Jamaica) Limited, for the three months ended August 31, 2019, recorded a 14% decrease in total revenues to $360.57 million from $417.08 million reported in 2018. The company highlighted that, “the reduction in revenue was mainly due to less than expected outturn in the construction and technical grade brands. We
Date: October 16, 2019 Consumer Price Index – September 2019 The consumer price index for the month of September 2019 increased by 0.4%, following a 0.8% increase in its index for August 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of September rose to 264.2 relative to
October 16, 2019 Barita Investments Limited (BIL) has advised that five Directors and two connected parties purchased a total of 20,575,536 BIL shares during the period October 14 to 15, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
October 16, 2019 Access Financial Services Limited (AFS) has advised that two Directors, four Senior Managers and a connected party purchased a total of 10,008,741 AFS shares during the period September 25 to 26, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
October 16, 2019 Sagicor Select Funds Limited (SELECTF) has advised that the Board of Directors of SELECTF, at its meeting held on October 14, 2019, approved a resolution to declare an interim dividend of $0.0117 payable on November 14, 2019 to shareholders on record at the close of business on November 4, 2019. The ex-dividend
October 16, 2019 Jamaica Public Service Company Limited (JPS) has advised that the Board of Directors of the Company, at its meeting scheduled to be held on October 24, 2019, is expected to consider the declaration of quarterly Preference F Dividends payable on November 22, 2019 to shareholders of record at the close of business
October 16, 2019 Knutsford Express Services Limited (KEX), for the three months ended August 31, 2019 reported total revenue of $324.52 million, an 11% or $31.59 million increase when compared with the $292.93 million reported for the same period in 2018. KEX noted, “this was due to continued demand for our transport services.” Administrative and general
October 16, 2019 Caribbean Cream Ltd. (KREMI) for six months ended August 31, 2019 reported a 5% increase in revenue totalling $839.96 million compared to $799.51 million in the corresponding period last year. Revenue for the second quarter rose 9% to close at $422.30 million compared to $387.76 million for the comparable quarter of 2018.
October 16, 2019 United States: U.S. Retail Sales Unexpectedly Drop in Sign Consumer Shaky “U.S. retail sales unexpectedly posted the first decline in seven months, suggesting consumers are starting to become shaky as the main pillar of economic growth and potentially bolstering the case for a third straight Federal Reserve interest-rate cut. Treasuries rose and
Date: October 15, 2019 Daily Market Summary 15.10.2019 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 of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s)
