12 08, 2022

Overseas Headlines – August 12, 2022

2022-08-12T09:49:09-05:00

August 12, 2022 United States: Stock Futures Rise Amid Easing Inflation Concerns: Markets Wrap US equity futures rose Friday as investors assessed whether signs of cooling inflation will enable the Federal Reserve to pivot to less aggressive interest-rate increases. Treasury yields dropped. S&P 500 and Nasdaq 100 contracts climbed about 0.5%, with both underlying gauges

Overseas Headlines – August 12, 20222022-08-12T09:49:09-05:00
11 08, 2022

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for August 10, 2022

2022-08-11T18:32:08-05:00

August 11, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for August 10, 2022, was J$16.42. MJE’s last traded price on August 10, 2022, was $13.28. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for August 10, 20222022-08-11T18:32:08-05:00
11 08, 2022

Special Advisory: Scotia Group Jamaica Limited (SGJ)

2022-08-11T16:24:20-05:00

August 11, 2022   Scotia Group Jamaica Limited (SGJ) has advised of the appointment of Michelle Wright to the role of VP CFO & CAO, Caribbean North & Central effective August 15, 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

Special Advisory: Scotia Group Jamaica Limited (SGJ)2022-08-11T16:24:20-05:00
11 08, 2022

SOS reports 197% increase in six months net profit

2022-08-11T16:24:19-05:00

August 11, 2022 SOS reported six months revenue of $847.70 million relative to $550.87 million reported in 2021, a 54% increase year over year. While for the second quarter revenues amounted to $420.08 million up 77% compared to the $237.56 million reported in the corresponding quarter of 2021. The Company’s cost of sales totalled $416.21

SOS reports 197% increase in six months net profit2022-08-11T16:24:19-05:00
11 08, 2022

Trade In Shares: Sagicor Group Jamaica Limited (SJ)

2022-08-11T16:21:50-05:00

August 11, 2022   Sagicor Group Jamaica Limited (SJ) has advised that on August 9, 2022, the Trustee Sagicor Long-Term Incentive Plan sold 18,988 SJ shares and an Officer purchased 18,988 SJ shares.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer

Trade In Shares: Sagicor Group Jamaica Limited (SJ)2022-08-11T16:21:50-05:00
11 08, 2022

Board Appointment: Productive Business Solutions Limited (PBS)

2022-08-11T16:19:16-05:00

August 11, 2022   Productive Business Solutions Limited (PBS) has advised that Mr. Brian Wynter has been appointed as an independent member of the Audit Committee effective August 8, 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

Board Appointment: Productive Business Solutions Limited (PBS)2022-08-11T16:19:16-05:00
11 08, 2022

Dividend Declaration: Stanley Motta Limited (SML)

2022-08-11T16:16:17-05:00

August 11, 2022   Stanley Motta Limited (SML) has declared an ordinary dividend of 6.6 cents ($0.066) per stock unit payable on September 2, 2022 to all shareholders on record as at August 23, 2022. The ex-dividend date is August 22, 2022.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal

Dividend Declaration: Stanley Motta Limited (SML)2022-08-11T16:16:17-05:00
11 08, 2022

Dividend Declaration: Carreras Limited (CAR)

2022-08-11T16:13:14-05:00

August 11, 2022   Carreras Limited (CAR) has declared an interim dividend of $0.13 per stock unit payable on September 7, 2022 to stockholders on record as at August 24, 2022. The ex-dividend date is August 23, 2022.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments

Dividend Declaration: Carreras Limited (CAR)2022-08-11T16:13:14-05:00
11 08, 2022

PBS reports six months net profit attributable to shareholders of US$2.32 million

2022-08-11T13:34:45-05:00

August 11, 2022 Productive Business Solutions Limited (PBS) for the six months ended June 30, 2022 reported a 53% increase in revenues from US$103.06 million for the 2021 period to US$157.59 million in 2022. For the quarter, revenues increased 70% to total US$91.23 million relative to US$53.72 million the prior corresponding quarter. Direct expenses increased 52%

PBS reports six months net profit attributable to shareholders of US$2.32 million2022-08-11T13:34:45-05:00
11 08, 2022

CHL reports 63% increase in nine months net profit

2022-08-11T12:35:18-05:00

August 11, 2022 Cargo Handlers Limited (CHL) Unaudited Financials for the Nine Months ended June 30, 2022: - Cargo Handlers Limited (CHL), for the nine months ended June 30, 2022, posted revenue totalling $353.67 million versus the $254.86 million booked in 2021, representing a 39% increase. Revenue for the quarter rose by 19% to $126.60

CHL reports 63% increase in nine months net profit2022-08-11T12:35:18-05:00