May 14, 2024 Fosrich Company Limited (FOSRICH) for the first quarter ended March 31, 2024, reported a 21% decrease in revenue totalling $859.83 million compared to $1.08 billion in the corresponding three months last year. Management noted, “the main revenue drivers continue to be the Electrical, PVC, Hardware and Transformer lines of business”. Cost of
May 14, 2024 tTech Limited (tTech) for the first quarter ended March 31, 2024, reported a slight decrease in revenue totalling $117.98 million compared to $118.37 million in the corresponding three months last year. Cost of Sales amounted to $70.81 million (2023: $69.51 million), this represents an increase of 2% year over year. Consequently, gross
May 14, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 9, 2024, was J$13.29. MJE’s closing price on May 9, 2024 was $10.04. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report
May 14, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 8, 2024, was J$13.62. MJE’s closing price on May 8, 2024 was $10.80. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report
May 14, 2024 United States: US Producer Prices Top Forecasts, But Details Offer Some Relief US producer prices rose in April by more than projected, though key components that feed into the Federal Reserve’s preferred inflation gauge were more muted. The producer price index for final demand increased 0.5% from a month earlier, driven largely
May 13, 2024 Image Plus Consultants Limited (IPCL) has advised that Mrs. Ramona Brown has relinquished her managerial oversight duties as the Ocho Rios Branch Manager effective April 30, 2024. IPCL has further advised that Ramona’s decision does not impact her other role as a Sonographer with the Company and the change will allow
May 13, 2024 Massy Holdings Ltd. (MASSY) has advised that Mr. Alberto Rozo has resigned as Senior Vice-President, Strategy & Business Development, Gas Products Portfolio, effective June 30, 2024. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)
May 13, 2024 Carreras Limited (CAR) has declared an interim dividend of $0.16 per stock unit payable on June 26, 2024, to stockholders on record as at May 29, 2024. The ex-dividend date is May 29, 2024. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
MPC Caribbean Clean Energy Limited (MPCCEL) For the three months ended March 31, 2024:- MPC Caribbean Clean Energy Limited (MPCCEL), for the three months ended March 31, 2024, reported total investment income of US$265,380 (2023: nil). For the three months ended March 31, 2024, total expenses amounted to US$33,343 relative to US$38,811 booked in 2023.
May 13, 2024 United States: Stubborn Inflation Poses Risk to Recently Upgraded US Forecasts for Economic Growth So far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and household spending seems to have lost some momentum. Those trends represent a new risk for economic
