13 02, 2019

Dividend Consideration: Proven Investments Limited (PROVEN)

2019-02-13T20:41:57-05:00

Date: February 13, 2019 Proven Investments Limited (PROVEN) has advised that a dividend payment of US$0.0024 per share was declared at a Board meeting held on February 8, 2019. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.3246 per share. The dividend will be paid on March 8, 2019

Dividend Consideration: Proven Investments Limited (PROVEN)2019-02-13T20:41:57-05:00
13 02, 2019

SRA reports net loss of $12.39 million for the nine months ended December 31, 2018

2019-02-13T20:09:56-05:00

Date: February 13, 2019 Sweet River Abattoir & Supplies Company Limited (SRA) for the nine months ended December 31, 2018: recorded a 17% decline in revenue to $198.51 million relative to $239.43 million in the same period in 2017.  Revenue for the quarter went down 14% to close at $63.94 million relative to $73.98 million.

SRA reports net loss of $12.39 million for the nine months ended December 31, 20182019-02-13T20:09:56-05:00
13 02, 2019

The only Jamaican stock you need to own

2019-02-13T13:41:43-05:00

February 13, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:

The only Jamaican stock you need to own2019-02-13T13:41:43-05:00
12 02, 2019

Special Advisory: Everything Fresh Limited (EFRESH)

2019-02-12T19:29:07-05:00

Date: February 12, 2019 Everything Fresh Limited (EFRESH)  has purchased 100% of The Meat Experts. The agreement was signed recently and the takeover is now complete. The purchase consideration was Fifty Million Jamaican Dollars and they expect to spend an additional Thirty Million Jamaica Dollars for upgrades, in very short order. EFRESH also advised that

Special Advisory: Everything Fresh Limited (EFRESH)2019-02-12T19:29:07-05:00
12 02, 2019

RJR reports 24% decline in nine months ended net profit

2019-02-12T17:58:09-05:00

Date: February 12, 2019 RJRGLEANER Communications Group (RJR) revenues for the nine months ended December 31, 2018, increased by 9% to $4.21 billion compared to $3.87 billion for the comparable period the prior year. For the quarter, revenues increased 8% to close at $1.50 billion (2017: $1.39 billion). The company noted, “ The Group recorded

RJR reports 24% decline in nine months ended net profit2019-02-12T17:58:09-05:00