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
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
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
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
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.
January 9, 2023 Weekly Picks 09.01.2023 CPJ 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 part of their compensation was, is,
January 9, 2023 United States: Morgan Stanley Warns US Stocks Risk 22% Slump US equities face much sharper declines than many pessimists expect with the specter of recession likely to compound their biggest annual slump since the global financial crisis, according to Morgan Stanley strategists. Michael Wilson — long one of the most vocal
January 6, 2023 Mayberry Investments Limited announces that, due to excess demand, the Board of Directors have decided to exercise their option to up-size the Invitation made in its Bond Prospectus. Mayberry further advises that the Invitation having been upsized, the Board of Directors will extend the Closing Date to Friday, January 20, 2023,
January 6, 2023 Mayberry Investments Limited (MIL) has advised that a connected party purchased a total of 201,457 MIL 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
January 6, 2023 Massy Holdings Ltd. (MASSY) has advised that a connected party purchased 1,500,000 MASSY shares on January 5, 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
