November 3, 2020 Margaritaville (Turks) Limited (MTL) for the three months ended August 31, 2020 reported revenues which decreased drastically by 99% for the period to US$20,417 (2019: US$2.03 million). Cost of sales also went down by 96% to US$20,416 (2019: US$500,920) which resulted in a gross profit of US$1. Management noted the company, “the
October 3, 2020 AMG Packaging & Paper Company Limited (AMG) Unaudited Financial Statements Year Ended August 31, 2020: AMG Packaging and Paper Company Limited (AMG) for the year ended August 31, 2020 recorded turnover in the amount of $720.45 million (2019: $762.30 million), a 5% decrease when compared to 2019. Turnover for the quarter increased
United States: The Good and the Bad of the U.S. Economy on Eve of Election Day “On the eve of the 2020 election, a U.S. economy that was walloped by a global health crisis in March is recovering, though it’s a ways from regaining full strength. Trillions of dollars in fiscal support from lawmakers and
November 2, 2020 The euro area seasonally-adjusted unemployment rate was 8.3% in September 2020, stable when compare to August 2020 and greater than the 7.5% in September 2019, according to Eurostat, the statistical office of the European Union. Additionally, it was reported that, the EU unemployment rate was 7.5% in September 2020, stable compared with
November 2, 2020 Lasco Financial Services (LASF), recorded for the six months ended September 30, 2020, a total of $1.15 billion in Trading Income; this represented a 6% decline relative to the $1.22 billion recorded for the comparable period in 2019. LASF stated, “The 5.7% decline is largely due to the fall in revenues from
November 02, 2020 Stanley Motta Limited (SML) has advised that the Board of Directors will be meeting on November 9, 2020 to consider the payment of dividends to stockholders. 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
November 02, 2020 Carreras Limited (CAR) has advised that at a meeting of its Board of Directors scheduled to be held on November 6, 2020, an interim dividend payment will be considered Analyst Certification –The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)
November 02, 2020 In September, personal income rose $170.3 billion (0.9%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $150.3 billion (0.9%) and personal consumption expenditures (PCE) rose $201.4 billion (1.4%). Real DPI climbed 0.7% in September, and Real PCE rose 1.2%. The PCE price
November 2, 2020 Government Operations Results for September 2020 For the period of April to September 2020, the GOJ reported Total Revenues & Grants of $256.56 billion, $9.72 billion more than the Government’s projection. This represented a decrease of approximately 18.3% relative to the $313.95 billion recorded for the corresponding period in 2019. ‘Tax Revenue’,
November 2, 2020 Express Catering Limited (ECL) Unaudited for the three months ended August 31, 2020: Express Catering Limited (ECL), for the three months ended August 31, 2020, revenues decreased by 90% for the period to US$444,140 (Q1 2019: US$4.54 million). Cost of sales (COS) decreased by 87% for the period to US$159,423 (Q1 2019:
