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
March 02, 2021 PanJam Investment Limited (PJAM) has advised that its Board of Directors considered and declared a first interim dividend for the year 2021, at a meeting held on March 2, 2021. The dividend declared of 10.5 cents ($0.105) per stock unit is payable on March 31, 2021 to stockholders on record as at March
March 02, 2021 Jamaican Teas Limited (JAMT) has advised that a Director sold 75,908 JAMT shares on March 1, 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
March 02, 2021 Lasco Distributors Limited (LASD) has advised that Mr. John De Silva has been appointed Managing Director of the Company effective March 1, 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- 02.3.2021 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 2, 2021 Kingston Wharves Limited (KW) for the year ended December 31, 2020 reported total revenue of $7.14 billion, a 10% decrease relative to the $7.90 billion recorded for the corresponding period in 2019. Revenue for the quarter amounted to $2.03 billion, a 7% contraction relative to the $2.18 billion recorded for the same
