15 01, 2021

PTL reports 50% decline in six months net profit

2021-01-15T14:46:06-05:00

January 15, 2020 Paramount Trading (Jamaica) Limited for the six months ended November 30, 2020 recorded a 13% decrease in total revenues to $668.61 million from $768.22 million reported in 2019. For the quarter, revenues fell 25% to close at $306.60 million (2019: $407.64 million). PTL added that, “the impact of the pandemic and the

PTL reports 50% decline in six months net profit2021-01-15T14:46:06-05:00
15 01, 2021

PJX reports nine months net loss of US$1.52 million

2021-01-15T11:22:07-05:00

January 15, 2021 Portland JSX Limited (PJX), for the nine months ended November 30, 2020, net loss on financial assets classified as at fair value through profit and loss amounted to US$1.15 million compared to a gain of US$1.94 million in 2019. PJX recorded net gain on financial assets classified as at fair value through

PJX reports nine months net loss of US$1.52 million2021-01-15T11:22:07-05:00
15 01, 2021

KREMI reports nine months net profit of $85.06 million

2021-01-15T10:43:49-05:00

January 15, 2021 CARIBBEAN CREAM LTD. (KREMI) Unaudited results for the nine months ended November 30, 2020: Caribbean Cream Limited (KREMI) for nine months ended November 30, 2020, reported revenue of $1.33 billion compared to $1.24 billion in the corresponding period last year, this represents an 8% increase year over year. Revenue for the third

KREMI reports nine months net profit of $85.06 million2021-01-15T10:43:49-05:00
15 01, 2021

Overseas Headlines – January 15, 2021

2021-01-15T09:06:44-05:00

United States: U.S. Retail Sales Seen Stagnating in December Due to Virus Surge “U.S. retail sales probably stagnated in December after declining in recent months as a surge in coronavirus infections led to new business restrictions and limited economic activity during the all-important holiday-shopping season. Economists project Friday’s government report will show that overall receipts

Overseas Headlines – January 15, 20212021-01-15T09:06:44-05:00
14 01, 2021

Trade in Shares: Supreme Ventures Limited (SVL)

2021-01-14T15:45:27-05:00

January 14, 2021 Supreme Ventures Limited (SVL) has advised that a connected party sold 9,515 SVL shares on January 12, 2021. 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: Supreme Ventures Limited (SVL)2021-01-14T15:45:27-05:00
14 01, 2021

Dividend Consideration: Access Financial Services Limited (AFS) 

2021-01-14T15:44:47-05:00

January 14, 2021 Access Financial Services Limited (AFS) has advised that at a Board of Directors’ meeting scheduled to be held on February 4, 2021, a dividend payment to ordinary shareholders of the Company will be considered. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research

Dividend Consideration: Access Financial Services Limited (AFS) 2021-01-14T15:44:47-05:00
14 01, 2021

Dividend Consideration: Proven Investments Limited (PROVEN)

2021-01-14T15:43:40-05:00

January 14, 2021 Proven Investments Limited (PROVEN) has advised that at a Board of Directors’ meeting scheduled to be held on February 11, 2021, a dividend payment to ordinary shareholders of the Company will be considered. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department

Dividend Consideration: Proven Investments Limited (PROVEN)2021-01-14T15:43:40-05:00
14 01, 2021

Dividend Consideration: Barita Investments Limited (BIL)

2021-01-14T15:42:45-05:00

January 14, 2021 Barita Investments Limited (BIL) has advised that a meeting of the Board of Directors will be held on January 21, 2021, to consider a resolution for the declaration of an interim dividend. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about

Dividend Consideration: Barita Investments Limited (BIL)2021-01-14T15:42:45-05:00
14 01, 2021

Gas Price Movement – January 14, 2021

2021-01-15T14:40:27-05:00

Brent Oil Brent oil prices increased by 3.75% or US$2.04, as prices increased this week relative to the prior week. Oil traded on January 14, 2021 at a price of US$56.42 per barrel relative to US$54.38 on January 07, 2020. Brent oil opened 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices increased

Gas Price Movement – January 14, 20212021-01-15T14:40:27-05:00
14 01, 2021

U.S. unemployment claims increased for the week ended January 9

2021-01-21T11:21:24-05:00

January 14, 2021 The seasonally adjusted initial claims, advance estimate, increased by 181,000 to 965,000 for the week ending January 9, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 787,000 to 784,000 down by 3,000. In comparison to the previous week’s average, the 4-week moving average was 834,250, a

U.S. unemployment claims increased for the week ended January 92021-01-21T11:21:24-05:00