31 08, 2022

Special Advisory: NCB Financial Group Limited (NCBFG)

2022-08-31T18:38:29-05:00

August 31, 2022   NCB Financial Group Limited (NCBFG) has advised that further to its release dated August 17, 2022, its wholly owned subsidiary, National Commercial Bank Jamaica Limited has successfully raised financing of US$300,000,000.00 (Three Hundred Million United States Dollars) through the securitization of its Credit Card Merchant Voucher Receivables. The transaction was rated

Special Advisory: NCB Financial Group Limited (NCBFG)2022-08-31T18:38:29-05:00
31 08, 2022

Overseas Headlines – August 31, 2022

2022-08-31T09:27:40-05:00

August 31, 2022   United States: US Stocks Rise as Fresh Data Reassures Traders: Markets Wrap US stocks rose and short-dated Treasuries trimmed earlier losses after weaker-than-expected private jobs data reassured traders. The S&P 500 and the Nasdaq 100 climbed. Revamped ADP data showed US companies increased headcount at a relatively sluggish pace in August,

Overseas Headlines – August 31, 20222022-08-31T09:27:40-05:00
30 08, 2022

FTNA reports 18% increase in year end net profit

2022-08-30T14:55:25-05:00

August 30, 2022   Fontana Limited (FTNA) Financials for the year ended June 30, 2022: - Fontana Limited (FTNA) for the year ended June 30, 2022, recorded an 23% increase in revenues to total $6.34 billion compared to $5.15 billion for the same period in 2021. The Company’s revenue for the fourth quarter rose 0.48% to $1.67 billion (2021: $1.66 billion). Management stated,

FTNA reports 18% increase in year end net profit2022-08-30T14:55:25-05:00
30 08, 2022

Sygnus reports 24% decline in year end net profit

2022-08-30T12:43:37-05:00

August 30, 2022 Sygnus Credit Investments Limited In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited, for the year ended June 30, 2022, reported Interest Income of US$10.22 million, a 24% increase on the US$8.22 million recorded in 2021. For the quarter, Interest Income rose 15% to US$2.97 million (2021: US$2.60 million).   While Interest

Sygnus reports 24% decline in year end net profit2022-08-30T12:43:37-05:00
30 08, 2022

Wisynco reports 32% increase in year end net profit

2022-08-30T12:07:49-05:00

August 30, 2022   Wisynco Group Limited For the year ended June 30, 2022 Wisynco​ Group Limited for the year ended June 30, 2022, reported total revenue of $39.04 billion a 23% increase when compared with the $31.82 billion reported in 2021. Total revenues for the quarter amounted to $10.64 billion reflecting an increase of 30% over the $8.18 billion

Wisynco reports 32% increase in year end net profit2022-08-30T12:07:49-05:00
30 08, 2022

CBNY reports year end net loss of $4.62 million

2022-08-30T10:40:44-05:00

August 30, 2022 Ciboney Group Limited (CBNY) for the year ended May 31, 2022 reported total revenue of $1,815 relative to the $6,153 reported for the prior financial year. Loss for the last quarter was $185 relative to income of $1,000 a year prior. Administrative and general expenses closed the year at $4.62 million, a

CBNY reports year end net loss of $4.62 million2022-08-30T10:40:44-05:00
30 08, 2022

Overseas Headlines – August 30, 2022

2022-08-30T10:09:46-05:00

August 30, 2022   United States: US Equities Rise as Post-Powell Slide Subsides: Markets Wrap US stocks rose on Tuesday as investor sentiment stabilized after a rout sparked by the Federal Reserve’s signal of a sustained period of restrictive monetary policy to quell inflation. The S&P 500 and the tech-heavy Nasdaq 100 rose. Treasuries slumped,

Overseas Headlines – August 30, 20222022-08-30T10:09:46-05:00
30 08, 2022

Jamaica’s tourism industry recovering faster than anticipated

2022-08-30T08:54:50-05:00

August 30, 2022 Minister of Tourism, Hon. Edmund Bartlett, says the sector is recovering at a faster than anticipated pace. “We projected that we would recover to 2019 levels by 2023/24. We had a mid-year review in Ocho Rios this past weekend and I am very pleased to tell you that, to date, we have

Jamaica’s tourism industry recovering faster than anticipated2022-08-30T08:54:50-05:00
29 08, 2022

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for August 26, 2022

2022-08-29T17:53:23-05:00

August 29, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for August 26, 2022, was J$16.33. MJE’s last traded price on August 26, 2022, was $14.00. 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 26, 20222022-08-29T17:53:23-05:00
29 08, 2022

Trade In Shares: EduFocal Limited (LEARN)

2022-08-29T15:29:44-05:00

August 29, 2022   EduFocal Limited (LEARN)  has advised that a director purchased 5,000 LEARN shares on August 17, 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 the date of this report. Each

Trade In Shares: EduFocal Limited (LEARN)2022-08-29T15:29:44-05:00