March 03, 2021 Paramount Trading (Jamaica) Limited (PTL) has advised that Mr. Daniel Chin has been appointed to its Board of Directors effective March 2, 2021. 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
March 03, 2021 MPC Caribbean Clean Energy Limited (MPCCEL) has advised that on December 22, 2020 (“Economic Transfer Date”) MPC Caribbean Clean Energy Fund LLC, the Investment Company of MPCCEL signed the acquisition of the 6.4 MWp solar park San Isidro in El Salvador and on March 2, 2021 the transaction was successfully completed (“Closing Date”). The
March 03, 2021 Scotia Group Jamaica Limited (SGJ) has advised that a dividend payment will be considered at a Board of Directors’ meeting to be held on March 11, 2021. 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
March 03, 2021 Mayberry Investments Limited (MIL) has advised that Mrs. Kayone Haynes-Burke has resigned from her post as Group Financial Controller effective February 24, 2021. 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
Mayberry Market Summary- 03.3.2021 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, or will be,
March 3, 2021 Government Operations Results for January 2021 For the period of April to January 2021, the GOJ reported Total Revenues & Grants of $446.27 billion, $2.90 billion more than the Government’s projection. This represented a decrease of approximately 14.1% relative to the $519.31 billion recorded for the corresponding period in 2020. ‘Tax Revenue’
March 03, 2021 Total Construction During January 2021, construction spending rose at an estimated seasonally adjusted annual rate of 1.7% (±0.7%) to $1,521.5 billion, reported by US Census Bureau. This was above the revised December estimate of $ 1,496.5 billion. Moreover, this January figure is 5.8% (±1.0%) above the January 2020 estimate of $1,437.7 billion.
March 3, 2021 Stationery & Office Supplies Ltd. (SOS), for the year ended December 31, 2020, reported year end revenue of $972.32 million relative to $1.22 billion in 2019, a 20% decrease, while for the fourth quarter revenues moved from $284.77 million in 2019 to $260.64 million in 2020. The company’s cost of sales totaled $526.89
United States: U.S. Bond Yields Driven by Belief in More Robust Recovery “A pronounced rise in U.S. bond yields is sending ripples across global markets. Bloomberg Economics’ model suggests the main driver is market expectations of a more robust U.S. recovery. Investors’ belief that the Federal Reserve will accommodate rather than lean against the rise
March 02, 2021 Jamaica Stock Exchange Limited (JSE), for the year ended December 31, 2020, recorded total revenue of $1.71 billion, a 9% decrease when compared to the $1.87 billion booked the prior year. Of this: Cess income fell by 46% to $380.02 million relative to $697.32 million the previous year. Fee income grew by
