January 3, 2023 Victoria Mutual Investments Limited (VMIL) has advised that the Company has acquired 135,483,871 units of Kingston Properties (KPREIT) shares for a combined consideration of $1,050,000,000. This transaction increases VMIL’s stake in KPREIT to a total of twenty-three per cent (23%), making KPREIT an associate company of VMIL. Disclaimer: Analyst Certification -The
January 3, 2023 Kingston Properties Limited (KPREIT) has advised that a total of 66,673 units of KPREIT shares were purchased under the Company’s share buyback programme on December 29, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer
January 3, 2023 The Jamaica Stock Exchange Limited (JSE) has advised that a Director purchased 9,000 JSE shares on December 30, 2022. 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
January 3, 2023 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised of the purchase of a total of 17,090 CPFV shares during the period December 21 to 23, 2022, under the Company’s Value Fund – Share Buy-Back Programme. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views
January 3, 2023 Paramount Trading (Jamaica) Limited (PTL) has advised of the departure of Dr. Cecile Dennis, Head of People & Culture, Customer Service & Marketing and Mr. Vaughn Phang, Chief Operating Officer, effective December 2, 2022, and December 30, 2022, respectively. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
January 3, 2023 Barita Investments Limited (BIL) has advised that effective January 1, 2023, Mr. Ramon Small-Ferguson will be appointed to the positions of Managing Director of Barita Unit Trusts Management Company Limited (“BUTMC”) and Deputy Chief Executive Officer of Barita Investments Limited, consistent with the Company’s succession planning programme. Accordingly, Mr. Jason Chambers
January 3, 2023 The Statistical Institute of Jamaica (STATIN) reported a 5.9% increase in Jamaica's total value added at constant prices in the third quarter of 2022 compared to the same quarter of 2021. The Planning Institute of Jamaica (PIOJ) anticipated 4.3% quarterly increase. Services and goods-producing industries grew 6.0% and 5.6%, respectively. The economy's
January 3, 2023 United States: US Recession ‘Pretty Likely,’ Ex-New York Fed Chief Dudley Says A US economic recession is in the cards because of what the Federal Reserve must do to cool inflation, former New York Fed President William Dudley, but it probably won’t be a severe slowdown. “A recession is pretty likely
December 30, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for December 29, 2022, was J$16.55. MJE’s last traded price on December 29, 2022 was $13.81. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
December 30, 2022 TransJamaican Highway Limited (TJH) has advised that a connected party purchased 1,091,164 TJH shares during the period December 21 to 23, 2022. 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
