13 01, 2023

AMG reports three-month net profit of $24.64 million

2023-01-13T12:14:56-05:00

January 13, 2023   AMG Packaging Paper Company Limited (AMG), for the three months ended November 30, 2022, recorded a 6% decline in turnover to $254.27 million (2021: $270 million). Total manufacturing costs for the period declined 8% to $180.78 million (2021: $196.08 million). Of this: Cost of inventories declined 13% to $135.96 million (2021:

AMG reports three-month net profit of $24.64 million2023-01-13T12:14:56-05:00
13 01, 2023

Gas Price Movement – January 12, 2023

2023-01-13T10:20:09-05:00

January 13, 2023   Gas Price Movement - January 12, 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 at the date of this report. Each research analyst (s) also certify that no

Gas Price Movement – January 12, 20232023-01-13T10:20:09-05:00
13 01, 2023

Overseas Headlines – January 13, 2023

2023-01-13T10:25:02-05:00

January 13, 2023   United States: BofA Reaps Benefits of Volatility as Lending Income Misses Bank of America Corp. traders beat analysts’ estimates as they reaped the benefits of dramatic market swings, and lending income rose along with interest rates while falling short of expectations. Net interest income, the revenue collected from loan payments minus

Overseas Headlines – January 13, 20232023-01-13T10:25:02-05:00
12 01, 2023

Special Advisory: 138 Student Living Jamaica Limited (138SL)

2023-01-12T14:58:19-05:00

January 12, 2023   138 Student Living Jamaica Limited (138SL) has advised that effective January 1, 2023, Sagicor Corporate Trust Services has been appointed Registrar and Transfer Agent of the Company.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer

Special Advisory: 138 Student Living Jamaica Limited (138SL)2023-01-12T14:58:19-05:00
12 01, 2023

Bank of England to raise the bank rate to 3.5%

2023-01-12T11:18:11-05:00

January 12, 2023 Since the November Monetary Policy Report and the preceding Bank of England’s Monetary Policy Committee (MPC) meeting, decided on the elevated path of market interest rates at the time, the UK economy was expected to be in recession for a prolonged period and CPI inflation was expected to remain very high in

Bank of England to raise the bank rate to 3.5%2023-01-12T11:18:11-05:00
12 01, 2023

Overseas Headlines – January 12, 2023

2023-01-12T09:10:36-05:00

January 12, 2023   United States: US Inflation Cools Again, Giving Fed Room to Downshift on Rates A key gauge of US inflation posted a moderate increase in December, adding to evidence that some price pressures are easing and offering the Federal Reserve room to slow the pace of interest-rate hikes next month. Excluding food

Overseas Headlines – January 12, 20232023-01-12T09:10:36-05:00
11 01, 2023

Trade In Shares: JFP Limited (JFP)

2023-01-11T15:07:20-05:00

January 11, 2023   JFP Limited (JFP) has advised of the following related party transactions: a Director sold 25,000,000 JFP shares and another Director purchased 25,000,000 JFP shares on December 12,2022 on December 21,2022, a Director sold 12,462,766 JFP shares and a connected party purchased 12,500,000 JFP shares on December 22,2022, a Director sold 91,661

Trade In Shares: JFP Limited (JFP)2023-01-11T15:07:20-05:00
11 01, 2023

Overseas Headlines – January 11, 2023

2023-01-11T08:58:39-05:00

January 11, 2023   United States: Fed’s No-Rate-Cut Mantra Rejected by Markets Seeing Recession Federal Reserve officials are making a full-court-press effort to convince investors they won’t be slashing their benchmark interest rate before year’s end. https://www.bloomberg.com/news/articles/2023-01-11/fed-s-no-rate-cut-mantra-rejected-by-markets-seeing-recession Europe: European Stocks Resume Advance on Hopes of Easing Inflation European equities rose on optimism around cooling inflation,

Overseas Headlines – January 11, 20232023-01-11T08:58:39-05:00
10 01, 2023

Special Advisory: First Rock Real Estate Investments Limited (FIRSTROCK)

2023-01-10T14:28:12-05:00

January 10, 2023   First Rock Real Estate Investments Limited (FIRSTROCK) has advised that its subsidiary, First Rock Capital Cayman Limited, has recently acquired an interest in the Kailani (Hilton) Cayman, a luxury boutique hotel, from the NCB Group Cayman for US$1,350,000.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the

Special Advisory: First Rock Real Estate Investments Limited (FIRSTROCK)2023-01-10T14:28:12-05:00