19 07, 2022

Dividend Consideration: Stationery and Office Supplies Limited (SOS)

2022-07-19T15:25:45-05:00

July 19, 2022 Stationery and Office Supplies Limited (SOS) has advised that its Board of Directors will consider a dividend payment to shareholders at a Board meeting to be held on August 9, 2022.   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research

Dividend Consideration: Stationery and Office Supplies Limited (SOS)2022-07-19T15:25:45-05:00
19 07, 2022

Special Advisory: Dolla Financial Services (DOLLA)

2022-07-19T15:31:39-05:00

July 19, 2022 Dolla Financial Services Limited (DOLLA) has advised that at a meeting of its Board of Directors held on July 15, 2022, approval was granted for the Company to raise up to J$1,000,000,000.00 in Bonds. The Bonds are to be registered under FSC Exempt Distribution Guidelines and are to be issued in Favor

Special Advisory: Dolla Financial Services (DOLLA)2022-07-19T15:31:39-05:00
19 07, 2022

Special Advisory: First Rock Real Estate Investments Limited (FIRSTROCK)

2022-07-19T15:08:44-05:00

July 19, 2022 First Rock Real Estate Investments Limited (FIRSTROCK) has advised that further to the notice dated March 1, 2022 entitled “First Rock Capital Holdings Limited Ordinary Share Buyback”, the company’s ordinary share buyback exercise has not yet commenced and will instead commence on September 1, 2022. The open market share buyback programme will be

Special Advisory: First Rock Real Estate Investments Limited (FIRSTROCK)2022-07-19T15:08:44-05:00
19 07, 2022

PJX reports first quarter net profit of US$793,323

2022-07-19T13:32:38-05:00

July 19, 2022 Portland JSX Limited (PJX)  For the first quarter ended May 31, 2022:-  Portland JSX Limited (PJX), for the first quarter ended May 31, 2022, reported Net gains on financial assets classified at fair value through profit & loss of US$1.08 million compared to gains of US$750,683 in 2021. Interest from loans and

PJX reports first quarter net profit of US$793,3232022-07-19T13:32:38-05:00
19 07, 2022

Overseas Headlines – July 19, 2022

2022-07-19T11:33:57-05:00

July 19, 2022   Housing Starts in US Decline to Lowest Level Since September New US home construction fell in June to the lowest since September after plunging the prior month, driven by a slide in single-family homebuilding that underscores waning demand. Residential starts declined 2% last month to a 1.56 million annualized rate, after

Overseas Headlines – July 19, 20222022-07-19T11:33:57-05:00
19 07, 2022

BPOW reports year end net profit of $193.54 million

2022-07-20T08:41:02-05:00

July 19, 2022   Blue Power Group Limited (BPOW), for the year ended April 30, 2022, recorded a decrease in revenues by 1% to $526.45 million relative to $534 million recorded in 2021. For the quarter, revenue increased 82% from $98.81 million in 2021 to $179.93 million in the period under review.  The Company noted

BPOW reports year end net profit of $193.54 million2022-07-20T08:41:02-05:00
18 07, 2022

Board Resignation: JMMB Group Limited (JMMBGL)

2022-07-18T16:07:15-05:00

July 18, 2022 JMMB Group Limited (JMMBGL) has advised that Mrs. Claudine Campbell Bryan, JMMB Group Country Compliance Officer and Deputy Company Secretary for JMMB Group Limited and its Jamaican subsidiaries, namely; Jamaica Money Market Brokers Limited, JMMB Bank (Jamaica) Limited, JMMB Fund Managers Limited, JMMB Securities Limited, JMMB Money Transfer Limited, JMMB Insurance Brokers

Board Resignation: JMMB Group Limited (JMMBGL)2022-07-18T16:07:15-05:00
18 07, 2022

Special Advisory: Victoria Mutual Investments Limited (VMIL)

2022-07-18T16:08:03-05:00

July 18 2022 Victoria Mutual Investments Limited (VMIL) has advised that a Meeting to Consider a Scheme of Arrangement proposed to be made between the Company and its Shareholders and the Directors of the Company will be held at 73-75 Half Way Tree Road, Kingston 10 on August 10, 2022 at 3:00 p.m. at which

Special Advisory: Victoria Mutual Investments Limited (VMIL)2022-07-18T16:08:03-05:00
18 07, 2022

Jamaica’s inflation rate increased by 0.8% for June 2022

2022-07-18T15:46:26-05:00

July 18, 2022 The All Jamaica Consumer Price Index (CPI) increased from 120.9 in May 2022 to 121.8 in June 2022, according to STATIN (The Statistical Institute of Jamaica). Consequently, the inflation rate for June 2022 was 0.8%. The biggest factor contributing to this increase was the division's index for ‘Food and Non-Alcoholic Beverages,’ which

Jamaica’s inflation rate increased by 0.8% for June 20222022-07-18T15:46:26-05:00
18 07, 2022

DOLLA reports 473% increase in six-month net profit

2022-07-18T15:22:04-05:00

July 18, 2022 Dolla Financial Services Limited (DOLLA) for the six months ended June 30, 2022, reported net interest income of $271.76 million, 218% higher than the $85.57 million booked in 2021. For the second quarter (Q2), interest income closed at $143.13 million (2021: $41.85 million). Management noted that “this increase was driven by the

DOLLA reports 473% increase in six-month net profit2022-07-18T15:22:04-05:00