September 19, 2023 United States: US Housing Starts Drop to Lowest Since 2020 While Permits Rise New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability. Residential starts decreased 11.3% last month to a 1.28 million annualized rate, according to government data released
September 18, 2023 Kingston Properties Limited (KPREIT) has advised that it has closed on the acquisition of thirty-six (36) commercial units totalling 37,276 square feet in the Grand Harbour Commercial Centre (GHCC) along with an adjoining parking lot. This marks KPREIT’s fifth and largest investment in the Cayman Islands. For further information, please visit
September 18, 2023 Sagicor Group Jamaica Limited (SJ) has advised of the passing of Director Emeritus, the Hon. R. Danny Williams, OJ on September 16, 2023. 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) or
September 18, 2023 Wisynco Group Limited (WISYNCO) has advised that effective November 1, 2023, it will become the exclusive local distributor of Caribbean Dreams Foods Limited, a wholly owned subsidiary of Jamaican Teas Limited. Under this agreement, Wisynco will exclusively commercialize the Tetley and Caribbean Dreams tea portfolios as well as a select number
September 18, 2023 Jamaican Teas Limited (JAMT) has advised that Mrs. Dianna Blake-Bennett has resigned from the post of Chief Executive Officer- Manufacturing Division effective September 30, 2023. JAMT has also advised that effective September 25, 2023, Alstom Marketing Company Limited has been appointed the exclusive distributor in Trinidad and Tobago for the Jamaican
September 18, 2023 Kingston Wharves Limited (KW) has advised that a connected party sold a total of 3,500,000 KW shares on September 11, 2023. 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) or securities as
September 18, 2023 Wisynco Group Limited (WISYNCO) has advised that a connected party sold 238,853 WISYNCO shares during the period September 11 to 14, 2023. 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) or securities
September 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.8% for August 2023 compared to August 2022. However, for the month of August 2023, the inflation rate was +1.0%. The main driver of the monthly increase (1.0%) was a 1.4% rise in the index
September 18, 2023 Express Catering Limited (ECL) for the year end ended May 31, 2023, reported a 49% increase in revenue totalling US$21.20 million compared to US$14.24 million in the corresponding period last year. Revenue for the fourth quarter had a 31% increase to close at US$6.05 million compared to US$4.63 million for the
September 18, 2023 Margaritaville (Turks) Limited (MTL) Audited financials for the year ended May 31, 2023: Margaritaville (Turks) Limited (MTL) for the year ended May 31, 2023 reported a 177% increase in Revenue totaling US$7.26 million compared to US$2.62 million in the corresponding period last year. Revenue for the fourth quarter had a 39% increase
