May 16, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 12, 2023, was J$14.93. MJE’s last traded price on May 12, 2023 was $10.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
May 16, 2023 Sygnus Credit Investments Limited (SCI, SCIJMD, SCIUSD) has advised that the Board of Directors of the Company on May 12, 2023, approved the buyback of up to US$9 million of SCI’s JMD and USD ordinary shares via Open Market Repurchase (OMR) spanning a period of three (3) years ending June 2026.
May 16, 2023 FirstRock Real Estate Investments Limited (FIRSTROCK) for the three months ended March 31, 2023: Net operating income declined 68% to US$1.20 million (2022: US$3.78 million) following a 75% decline in property income to US$955,635 (2022: US$3.82 million). The contraction was due to the reported US$869,179 in realised and unrealised gain/(loss) on
May 16, 2023 Pan Jamaica Group Limited (PJAM) has advised that Ms. Gene M. Douglas has retired as Company Secretary with effect from May 12, 2023. PJAM has further advised that Ms. Simone Pearson, General Counsel at PJAM, has been appointed to the office of Company Secretary, effective May 13, 2023. Disclaimer: Analyst
May 16, 2023 Caribbean Producers (Jamaica) Limited (CPJ) has advised that its Board of Directors approved the appointment of Mr. Stephen Dear as an Independent Executive Director effective May 9, 2023. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
May 16, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 5.8% for April 2023 compared to April 2022. However, for the month of April 2023, the inflation rate was -0.4%. The main driver of the decline was a 4.2% fall in the index for the division
May 12, 2023 Edufocal Limited (LEARN), for the three months ended March 31, 2023, reported revenue of $112.66 million, 85% more than the $60.92 million reported in the previous corresponding period. Administrative and Operating expenses increased by 35% to $60.84 million relative to the $45.06 million posted for the same period last year. LEARN has
May 16, 2023 Dolphin Cove Limited (DCOVE) for the three months ended March 31, 2023: Total revenue increased 89% to US$4.85 million (2022: US$2.56 million). Of this: Dolphin attraction revenue increased 100% to US$2.63 million (2022: US$1.32 million) Ancillary services revenue increased 78% to US$2.22 million (2022: US$1.25 million). Total direct costs increased 100% to
May 16, 2023 Jamaica Producers Group Limited (JP), for the three months ended March 31, 2023, booked a 2% increase in revenue to total $7.06 billion compared to the $6.91 billion reported in 2022. The Food and Drink Division reported a 2% increase revenue to total $4.20 billion relative to $4.12 billion reported in 2022.
May 16, 2023 Future Energy Source Company Limited (FESCO) for the financial year ended March 31, 2023 reported a 109% increase in revenue, moving from $12.67 billion in 2022 to $26.54 billion for the period in review. For the quarter, the Company revenues rose to $6.40 billion from the $4.66 billion booked March 31, 2022,
