September 7, 2021 Future Energy Source Company Limited (FESCO) has advised that a Director sold a total of 2,600,000 FESCO shares during the period September 2, 2021 to September 6, 2021. 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
September 7, 2021 IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 43,700 ROC shares on September 2, 2021. 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 research
September 7, 2021 K.L.E Group Limited (KLE), for the six months ended June 30, 2021, the Company recorded a total revenue of $73.36 million (2020: $80.45 million), representing a 9% decrease in revenue. For the second quarter revenues increased 391% to total $38.21 million (2020: $7.78 million). Cost of sales went down by 8% to $22.75 million
September 7, 2021 Blue Power Group Limited (BPOW) for the three months ended July 31, 2021, revenues decreased by 23%, year over year, totalling $116.10 million (2020: $150.25 million). Management noted, “The main contributor to this decline was the suspension of our exports to the Caricom region. The Government of Jamaica has elected to discontinue
September 7, 2021 Jampro, Jamaica’s export promotions agency, is projecting that growth of the manufacturing sector in the island will become the basis of the country’s economic recovery in the medium term. The agency disclosed recently that it will be rolling out a National Five-Year Manufacturing Growth Strategy and accompanying government reforms to improve the
September 07, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of September 07, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at
United States: Goldman Cuts U.S. Growth Forecast as Consumer Sees ‘Harder Path’ Goldman Sachs Group Inc. economists revised down their forecast for growth in the U.S. economy this year, pointing to a “harder path” ahead for the American consumer than previously anticipated. https://www.bloomberg.com/news/articles/2021-09-06/goldman-cuts-u-s-growth-forecast-as-consumer-sees-harder-path?srnd=economics-vp Europe: BOE’s Saunders Says Any Rate Rise in Next Year Will Be
September 6, 2021 The seasonally adjusted volume of retail trade decreased by 2.3% in the euro area and by 1.9% in the EU during July 2021, compared with June 2021, according to Eurostat, the Statistical Office of the European Union. It was noted that, “In June 2021, the retail trade volume increased by 1.8% in
September 6, 2021 Radio Jamaica Limited (RJR) has advised that the Company has signed an agreement to acquire a 15% equity stake in StarApple Analytics Limited, a startup data analytics and artificial intelligence consulting company operating in Jamaica with targets to offer services regionally and beyond. The acquisition was done through the Group’s St. Lucia-based subsidiary, Media
September 6, 2021 Proven Investments Limited (PROVEN) has advised that the Company has entered into an Agreement with Yes Iyah Limited on July 9, 2021, whereby it agreed to exit its 20% investment in Dream Entertainment Limited (“Dream”) and transfer its entire shareholding in Dream to Yes Iyah Limited, a Jamaican private company whose directors and principals
