November 17, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 9.9% for October 2021 to October 2022. Consequently, the inflation rate for October 2022 was 1.5%. The main driver of this growth was a 3.4% increase in the index for the division ‘Housing, Water, Electricity, Gas,
November 17, 2022 United States: Fed’s Bullard Says More Hikes Needed to Get to Restrictive Level Federal Reserve Bank of St. Louis President James Bullard urged policymakers to raise interest rates further, saying the level will need to be higher to meet the central bank’s goal to be “sufficiently restrictive” to bring down inflation.
November 16, 2022 JETCON for the nine months ended September 30, 2021 reported total turnover of $606.95 million, 30% greater than $467.16 million reported for the corresponding period in 2020. Turnover for the third quarter increased 28% to $196.42 million compared to $153.43 million in 2020. Cost of Sales for the period increased 33%
November 16, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Proven Investments Limited (PROVEN), for six months ended September 30, 2022 reported net interest income of $6.53 million (2021: $2.01 million), a 225% improvement year over year. For the quarter, it increased 259% to $3.81 million (2021: $1.06
November 16, 2022 Supreme Ventures Limited (SVL) has advised that on November 10, 2022, a related entity purchased 220,518 SVL 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 securities as at the date of this
November 16, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 91,803 MJE shares on November 14, 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
November 16, 2022 Mayberry Investments Limited (MIL) has advised that a Senior Manager sold a total of 11,419 MIL shares on November 15, 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 this report.
November 16, 2022 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that the Company will be continuing its repurchasing of the Company’s shares in line with the existing Share Buyback Policy, which has been previously announced. The Company intends to purchase up to an additional 2,000,000 shares on the open market from time
November 16, 2022 EquityLine Mortgage Investment Corporation (ELMIC) has advised that Brian Koscak has joined the Board as an independent Director effective November 10, 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
November 16, 2022 Seprod Limited (SEP) Unaudited Financials for the Nine Months ended September 30, 2022: Seprod Limited (SEP), for the nine months ended September 30, 2022, revenue totalled $51.44 billion compared to the $31.15 billion recorded for the same period of the prior financial year; this represents a 65.13% increase year over year. Revenue for
