12 11, 2019

SOS reports 24% increase in nine months net profit


November 12, 2019 Stationery and Office Supplies Limited (SOS) for the nine months period reported revenues of $933.22 million relative to $801.44 million in 2018, a 16% increase. For the third quarter, revenues grew by 5% to close the quarter at $294.67 million (2018: $281.51 million). The company highlighted that, “sales of SEEK product increased

12 11, 2019

Trade in Shares: Supreme Ventures Limited (SVL)


Date: November 12, 2019 Supreme Ventures Limited (SVL) has advised that a connected party purchased 26,300 SVL shares on November 6, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or

12 11, 2019

JP reports 66% rise in nine months net profit attributable to shareholders


Date: November 12, 2019 Jamaica Producers Group Limited (JP), for the nine months, experienced a 8% increase in revenue to total $15.38 billion compared to the $14.25 billion reported in 2018. The Company posted 5% increase in third quarter revenue to $5.23 billion (2018: $4.96 billion). The Food & Drink Division contributed a 9% increase

12 11, 2019

BRG reports 7% decline in nine months net profit


November 12, 2019   Berger Paints Jamaica Limited (BRG),for the nine months ended September 30, 2019, reported total revenues of $1.63 billion, a 6% decrease relative to $1.73 billion reported in for the comparable period in 2018. Total revenues for the quarter totalled $534.20 million, 12% less than the $607.83 million booked in 2018. Management

12 11, 2019

KW reports 29% increase in nine months net profits attributable to shareholders


Date: November 12, 2019  For the nine months ended September 30, 2019, Kingston Wharves’ revenue totaled $5.72 billion a 9% increase when compared to $5.26 billion for the corresponding period of the prior year, while revenue for the second quarter grew 3% to $1.92 billion (2018: $1.87 billion). This as both the company’s ‘Terminal Operations’ and

12 11, 2019

Overseas Headlines- November 12, 2019


 November 12, 2019 United States: Fed Likely to Defy History With Rates Steady Through Elections “Federal Reserve Chairman Jerome Powell is likely to signal again this week that monetary policy is on hold, buttressing the belief that he may steer clear of action through 2020. Surprisingly, that would be an historic anomaly for a U.S.

11 11, 2019

MDS reports 35% decrease in six months net profit


November 11, 2019 Medical Disposables & Supplies Limited, for the six months ended September 2019 reported Revenue amounting  $1.12 billion, an increase of 8%, relative to $1.04 billion booked the previous year. For the second quarter revenues totalled $565.04 million up 13% year over year (2018: $500.85 million). MDS noted, “This positive performance arose mainly

11 11, 2019

Special Advisory: Fosrich Company Limited (FOSRICH)


Date: November 11, 2019 Fosrich Company Limited (FOSRICH) has advised that the Company and Grace Kennedy (GK) Pension Scheme, managed by Investment Manager, Proven Wealth Limited (PWL), on November 5, 2019, signed a contract for financing FosRich’s expansion into a new warehousing facility which will be owned by GK Pension Scheme, and for which ground

11 11, 2019

Special Advisory: Key Insurance Company Limited (KEY)


Date: November 11, 2019 Key Insurance Company Limited (KEY) has advised that the Board of Directors of KEY wishes to advise stakeholders of the Company that in view of exploratory discussions, a rights/capitalisation issue will form part of the agenda of a special board meeting that will be convened at 10:00 a.m. on Friday, November

11 11, 2019

Special Advisory: Dolphin Cove Limited (DCOVE)


Date: November 11, 2019 Dolphin Cove Limited (DCOVE) has declared an interim dividend of 20 cents per share payable on December 10, 2019 to shareholders on record as at November 26, 2019. The ex-dividend date will be November 25, 2019. DCOVE has also advised that Mr Travis Burke resigned from the Board of Directors on

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