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
10 01, 2023

Overseas Headlines – January 10, 2023

2023-01-10T08:48:46-05:00

January 10, 2023   United States: Inflation’s Path From Peak Is Next Big Question for US Economy The question that obsessed financial markets last year was when and where US inflation would peak. The 2023 version will likely be how far, and how fast, it comes down. Economists may not see eye-to-eye on the answer

Overseas Headlines – January 10, 20232023-01-10T08:48:46-05:00
9 01, 2023

Trade In Shares: PanJam Investment Limited (PJAM)

2023-01-09T15:48:25-05:00

January 9, 2023   PanJam Investment Limited (PJAM) has advised that on December 23, 2022, a Director sold 1,700,000 PJAM shares and a connected party purchased 1,700,000 PJAM shares.   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

Trade In Shares: PanJam Investment Limited (PJAM)2023-01-09T15:48:25-05:00
9 01, 2023

Trade In Shares: Eppley Caribbean Property Fund Limited SCC (CPFV)

2023-01-09T15:41:46-05:00

January 9, 2023   Eppley Caribbean Property Fund Limited SCC (CPFV) has advised of the purchase of a total of 318,636 CPFV shares during the period December 28 to 30, 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

Trade In Shares: Eppley Caribbean Property Fund Limited SCC (CPFV)2023-01-09T15:41:46-05:00
9 01, 2023

Special Advisory: PanJam Investment Limited (PJAM)

2023-01-09T15:40:22-05:00

January 9, 2023   PanJam Investment Limited (PJAM) has advised of the sale of its 33.3% stake in New Castle Company Limited (New Castle) effective December 21, 2022. New Castle manufactures and distributes jerk sauces and seasonings, and other condiments under the brands Walkerswood, Busha Browne’s and Jamaica Joe, which it owns.   Disclaimer: Analyst

Special Advisory: PanJam Investment Limited (PJAM)2023-01-09T15:40:22-05:00
9 01, 2023

Special Advisory: TransJamaican Highway Limited (TJH)

2023-01-09T15:39:00-05:00

January 9, 2023   TransJamaican Highway Limited (TJH) has advised that the quarterly payment of dividend on its 8.0% Cumulative Redeemable Preference Shares, due and payable for the period ended December 31, 2022, will be paid on January 16, 2023.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views

Special Advisory: TransJamaican Highway Limited (TJH)2023-01-09T15:39:00-05:00
9 01, 2023

Special Advisory: Scotia Group Jamaica Limited (SGJ)

2023-01-09T15:37:49-05:00

January 9, 2023   Scotia Group Jamaica Limited (SGJ) had advised that Sabrina Cooper has been appointed to the role of SVP, Wealth Management & CEO Scotia Investments Jamaica Limited effective January 4, 2023.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department

Special Advisory: Scotia Group Jamaica Limited (SGJ)2023-01-09T15:37:49-05:00
9 01, 2023

Special Advisory: Guardian Holdings Limited (GHL)

2023-01-09T15:35:54-05:00

January 9, 2023   Guardian Holdings Limited (GHL) has advised that the existing standard on insurance contracts, International Financial Reporting Standard (“IFRS”) 4, will be replaced by IFRS 17. The new standard will materially change the recognition and measurement of insurance contracts and the corresponding presentation and disclosures in GHL’s Consolidated Financial Statements. Effective January

Special Advisory: Guardian Holdings Limited (GHL)2023-01-09T15:35:54-05:00
9 01, 2023

Net International Reserves – December 2022

2023-01-09T11:23:09-05:00

January 9, 2023 BOJ has reported that Jamaica’s Net International Reserves as at December 31, 2022 stood at US$3,978.00 million, reflecting an increase of US$128.10 million when compared to the US$3,849.90 million reported at the end of November 2022. Foreign Assets totalled US$4,519.54 million, US$116.90 million more than the US$4,402.65 million reported in November 2022.

Net International Reserves – December 20222023-01-09T11:23:09-05:00