September 13, 2022 Express Catering Limited (ECL) for the year ended May 31, 2022 reported a 223% increase in revenue to US$14.24 million (2021: US$4.41 million). Revenue for the quarter climbed 116% to close at US$4.63 million relative to US$2.14 million reported the previous year. Cost of sales (COS) rose by 228% for the period
September 13, 2022 United States: US Inflation Tops Forecasts, Cementing Odds of Big Fed Hike US consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve. The consumer price index increased 0.1% from July, after no change in the prior
September 12, 2022 Victoria Mutual Investments Limited (VMIL) has advised that the Company has been reaffirmed an investment grade credit rating from rating agency, Caribbean Information and Credit Rating Services Limited (CariCRIS). The ratings are as follows: Regional Scale Ratings | Local Currency: CariBBB- National Scale Ratings | Local Currency: jmBBB+, Foreign Currency: jmBBB
September 12, 2022 Sagicor Group Jamaica Limited (SJ) has advised that its Board of Directors at its meeting held on September 8, 2022, adopted a resolution to declare an interim dividend of $0.54 per stock unit payable on October 10, 2022. The record date is September 23, 2022. The ex-date is September 22, 2022.
September 12, 2022 Carreras Limited (CAR) has advised that the Directors have considered and seen fit to appoint Mr. Franklin Murillo to the position of Managing Director of the Company effective October 1, 2022, subject to all regulatory approvals. For further information please visit www.jamstockex.com. Disclaimer: Analyst Certification - The views expressed in
September 12, 2022 Supreme Ventures Limited (SVL) has advised that Mr. Dennis Chung has resigned from the post of Chief Executive Officer of Supreme Ventures Services Limited, a subsidiary of SVL. The resignation of Mr. Chung is effective on October 31, 2022. SVL has further advised that Mr. Chung will remain a Director of
September 12, 2022 Carreras Limited (CAR) has advised that Mr. Raoul Glynn, Managing Director of the Company, will be resigning his position as he prepares to assume a new role within the British American Tobacco Group. Mr. Glynn’s resignation as Managing Director of the Company will be effective from September 30, 2022. Disclaimer: Analyst
September 12, 2022 Sagicor Group Jamaica Limited (SJ) has advised that an executive sold a total of 10,000 SJ shares on September 5, 2022. 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
September 12, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for September 9, 2022, was J$16.36. MJE’s last traded price on September 9, 2022, was $13.30. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
September 12. 2022 Indies Pharma Jamaica Limited (INDIES), for the nine months ended July 31, 2022, reported revenue of $727.63 million, 15% higher than the $633.30 million booked in 2021. For the third quarter, revenue closed at $264.74 million (2021: $207.64 million). Cost of sales declined by 10% to close at $210.26 million (2021: $233.18
