17 11, 2022

Special Advisory: PanJam Investment Limited (PJAM)

2022-11-17T14:40:31-05:00

November 17, 2022   PanJam Investment Limited (PJAM) has advised that on November 11, 2022, the Board of Directors approved the amended Corporate Governance Policy.   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

Special Advisory: PanJam Investment Limited (PJAM)2022-11-17T14:40:31-05:00
17 11, 2022

Dividend Declaration: LASCO Financial Services Limited (LASF)

2022-11-17T14:38:52-05:00

November 17, 2022   LASCO Financial Services Limited (LASF) has advised that an interim dividend of $0.05 per share will be paid shareholders of the Company on record at the close of business on December 1, 2022. The payment date of the interim dividend will be on December 21, 2022. The ex-date is November 30,

Dividend Declaration: LASCO Financial Services Limited (LASF)2022-11-17T14:38:52-05:00
17 11, 2022

Dividend Consideration: Spur Tree Spices Jamaica Limited (SPURTREE)

2022-11-17T14:35:12-05:00

November 17, 2022   Spur Tree Spices Jamaica Limited (SPURTREE) has advised that on Thursday, November 24, 2022, a Board of Directors Meeting will be convened to consider a dividend payment.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer

Dividend Consideration: Spur Tree Spices Jamaica Limited (SPURTREE)2022-11-17T14:35:12-05:00
17 11, 2022

LEARN reports nine months net loss of $16.11 million

2022-11-17T12:05:22-05:00

November 17, 2022 Edufocal Limited (LEARN) For the nine months ended September 30, 2022:- Edufocal Limited (LEARN), for the nine months ended September 30, 2022, recorded revenue of $156.61 million, 46% more than the $107.6 million reported in the previous corresponding period. Revenue for the quarter fell 59% to $23.61 million (2021: $57.2 million). LEARN

LEARN reports nine months net loss of $16.11 million2022-11-17T12:05:22-05:00
17 11, 2022

CPFV reports year end net profit attributable to shareholders of BB$9.51 million

2022-11-17T12:02:26-05:00

November 17, 2022 Eppley Caribbean Property Fund Limited (CPFV)  For the year ended September 30, 2022:- Reported in Barbados Dollars unless otherwise indicated: Eppley Caribbean Property Fund Limited (CPFV), for the year ended September 30, 2022 reported net rental income of $4.61 million (2021: $4 million), a 15% increase year over year. In addition, share of profit of investments

CPFV reports year end net profit attributable to shareholders of BB$9.51 million2022-11-17T12:02:26-05:00
17 11, 2022

GENAC reports 36% decrease in nine months net profit attributable to shareholders

2022-11-17T11:55:41-05:00

November 17, 2022 General Accident Insurance Company Limited (GENAC), for the nine months ended September 30, 2022, reported Gross premium written of $13.09 billion, 14% higher than the $11.50 billion reported for 2021. Excess of loss reinsurance increased to $200.34 million, from $155.47 million reported in 2021 while Reinsurance ceded slightly increased to $10.38 billion

GENAC reports 36% decrease in nine months net profit attributable to shareholders2022-11-17T11:55:41-05:00
17 11, 2022

Jamaica’s inflation rate increased by 1.5% for October 2022

2022-11-17T09:17:53-05:00

November 17, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 9.9% for October 2021 to October 2022. Consequently, the inflation rate for October 2022 was 1.5%. The main driver of this growth was a 3.4% increase in the index for the division ‘Housing, Water, Electricity, Gas,

Jamaica’s inflation rate increased by 1.5% for October 20222022-11-17T09:17:53-05:00
17 11, 2022

Overseas Headlines – November 17, 2022

2022-11-17T09:09:36-05:00

November 17, 2022   United States: Fed’s Bullard Says More Hikes Needed to Get to Restrictive Level Federal Reserve Bank of St. Louis President James Bullard urged policymakers to raise interest rates further, saying the level will need to be higher to meet the central bank’s goal to be “sufficiently restrictive” to bring down inflation.

Overseas Headlines – November 17, 20222022-11-17T09:09:36-05:00
16 11, 2022

JETCON reports a nine-month net profit of $25.95 million

2022-11-16T17:19:04-05:00

November 16, 2022   JETCON for the nine months ended September 30, 2021 reported total turnover of $606.95 million, 30% greater than $467.16 million reported for the corresponding period in 2020. Turnover for the third quarter increased 28% to $196.42 million compared to $153.43 million in 2020. Cost of Sales for the period increased 33%

JETCON reports a nine-month net profit of $25.95 million2022-11-16T17:19:04-05:00
16 11, 2022

PROVEN reports six-month net profit attributable to shareholders of US$1.71 million

2022-11-16T16:47:18-05:00

November 16, 2022   Figures are quoted in United States dollars (except where it is indicated otherwise): Proven Investments Limited (PROVEN), for six months ended September 30, 2022 reported net interest income of $6.53 million (2021: $2.01 million), a 225% improvement year over year. For the quarter, it increased 259% to $3.81 million (2021: $1.06

PROVEN reports six-month net profit attributable to shareholders of US$1.71 million2022-11-16T16:47:18-05:00