January 30, 2023 Weekly Picks 30.01.2023 LUMBER 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,
January 30, 2023 United States: Fed’s Wall Street Clash Sets Stage for Powell’s Hawkish Message Jerome Powell and Wall Street are headed for another face-off this week as the Federal Reserve seeks to slow its inflation-fighting campaign without signaling a readiness to stop. Despite 2022’s slew of interest-rate hikes from Chair Powell and colleagues, financial
January 27, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for January 25, 2023, was J$15.57. MJE’s last traded price on January 25, 2023 was $13.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
January 27, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for January 24, 2023, was J$15.16. MJE’s last traded price on January 24, 2023 was $13.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
January 27, 2023 The Palace Amusement Company (1921) Limited has advised that at the Annual General Meeting of the Company held on Tuesday, January 24, 2023, the members voted on and passed the following Resolutions: Increase In Capital BE IT RESOLVED THAT the authorized share capital of the Company be increased from 1,500,000 shares
January 27, 2023 Productive Business Solutions Limited (PBS) has advised that the Company has agreed to pay a dividend to the shareholders of Productive Business Solutions Limited 9.75% Cumulative Redeemable Shares (PBS9.75) in the sum of One Hundred Twenty-Six Million Eight Hundred and Eight Thousand Seven Hundred and Sixty-Seven Jamaican Dollars (J$126,808,767) or J$4.9150685
January 27, 2023 United States: Fed Sees Soft Landing as Silver Lining of Temp Jobs Decline The recent decline in temporary jobs — often a harbinger of recession — is actually raising hopes among Federal Reserve policymakers that their bid for a soft landing is working. The number of US temp workers fell for the
January 26, 2023 FosRich Company Limited (FOSRICH) has advised that the Company has partnered with Dolla Financial Services Limited (DOLLA) to bring affordable financing solutions for Solar Power Systems and Solar Water Heaters to the Jamaican market. This partnership will allow customers to access up to 90% financing for their solar products. Disclaimer:
January 26, 2023 Dolla Financial Services Limited (DOLLA) has advised that the Company has ventured into a partnership with FosRich Company Limited (FOSRICH) to provide customers with financing for Solar Energy solutions. This partnership allows the Jamaican public to access up to 90% financing on their solar energy needs. Disclaimer: Analyst Certification -The views
January 26, 2023 GraceKennedy Limited (GK) has advised that Ms. Allison Mais, Head of Strategic Planning, has resigned from the company effective April 16, 2023. Mr. Andrew Leo-Rhynie, Head of Mergers & Acquisitions, will assume oversight of GraceKennedy’s Strategic Planning portfolio until the post has been filled. Disclaimer: Analyst Certification -The views expressed in
