February 2, 2021 Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2020 reported that revenues decreased by 99% for the period to US$40,451 (2019: US$3.86 million). The second quarter’s revenue totalled US$20,034 (2019: US$1.83 million), a 99% decrease. Management stated, “with no revenue to support expenditure, there are even greater efforts at
February 03, 2021 Express Catering Limited (ECL) for the six months ended November 30, 2020 reported an 85% decrease in revenue to US$1.19 million (2019: US$7.81 million). Revenue for the quarter fell 77% to close at US$748,372 relative to US$3.28 million reported the previous year. Cost of sales (COS) decreased by 86% for the period to US$301,705 (2019:
United States: U.S. Economy is Improving — And That Could Complicate Biden's Stimulus Plans “The U.S. economy is showing some scattered signs of picking up from an end-of-year slowdown, muddying President Joe Biden’s efforts to win congressional passage of a $1.9 trillion stimulus package. New claims filed for unemployment benefits have fallen for two straight
Daily Market Summary 02.02.2021 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
February 02, 2021 Kingston Wharves Limited (KW) has advised that a connected party sold 1,000,000 KW shares during the period January 25 to 28, 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
February 02, 2021 Supreme Ventures Limited (SVL) has advised that a connected party sold 6,486 SVL shares on January 28, 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
February 02, 2021 Victoria Mutual Investments Limited (VMIL) has advised that Mr. Dwight Jackson joined Victoria Mutual Wealth Management as Assistant Vice President – Capital Markets effective February 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)
February 02, 2021 According to an estimate published by Eurostat, the statistical office of the European Union, for the fourth quarter of 2020 seasonally adjusted GDP for the euro area decreased by 0.7% and by 0.5% in the EU, when compared with the previous period. It was noted, “these declines, related to COVID-19 containment measures,
February 02, 2021 Total Construction During December 2020, construction spending rose an estimated seasonally adjusted annual rate of 1% (± 0.8%) to $1,490.4 billion, reported by US Census Bureau. This was above the revised November estimate of $1,475.6 billion. Moreover, this December figure is 5.7% (±1.0%) above the December 2019 estimate of $1,410.3 billion. In
United States: Fed Dissent and Bond Volatility Are in Powell’s Taper Future “Jerome Powell doesn’t want to talk about scaling back massive Federal Reserve asset purchases -- at least not yet -- but it’s only a question of time before the discussion resumes and that might not be a bad thing. The Fed chair told
