October 20, 2020 Weekly Picks 20.10.2020 WIG 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 research analyst (s) also certify that no part of their compensation was, is,
United States: Do-or-Die Stimulus, Race Bias Cost, U.S. House Prices: Eco Day “After months of on-again, off-again talks on an increasingly needed fiscal-stimulus package, Tuesday is shaping up as a do-or-die moment for Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi to get a virus relief deal done in time for Election Day. Slowing
October 16, 2020 Indies Pharma Jamaica Limited (INDIES) has advised of the appointment of Mr. Lissant Mitchell and Mr. Kevin Donaldson as Directors effective October 10, 2020. Mr. Mitchell has also been appointed Mentor of the Company. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
October 16, 2020 Jamaica Broilers Group Limited (JBG) has advised that a connected party purchased 475,000 JBG shares on October 13, 2020. 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.
October 16, 2020 iCreate Limited (ICREATE) has advised that Dr. Jennifer Bailey has tendered her resignation as Executive Chairperson and Director of the Board effective September 16, 2020. ICREATE has further advised of the appointment of Ms. Arlene Martin as a Director and Acting Chairperson. Disclaimer: Analyst Certification -The views expressed in this research report accurately
October 16, 2020 FosRich Company Limited (FOSRIICH) has advised that at a Board of Directors’ meeting scheduled to be held on October 27, 2020, a dividend payment will be considered. 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
October 16, 2020 The U.S Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments for August was estimated at $1,452.4 billion, reflecting an increase of 0.6% from July 2020. However, this was 0.4% lower than August 2019. Additionally, manufacturers’ and trade inventories level at end of August was estimated at
October 16, 2020 Advance estimates of U.S. retail and food services sales for September 2020 recorded a 1.9% or $549.3 billion increased from August 2020. Leading the advance was clothing and accessories by 11%, while sporting goods, music and books jumped 5.7%. ‘Motor vehicle and parts dealers’ advanced 3.6% as food & beverage store sales
October 16, 2020 CARIBBEAN CREAM LTD. (KREMI) Unaudited results for the six months ended August 31, 2020: Caribbean Cream Ltd. (KREMI) for six months ended August 31, 2020 reported a 6% increase in revenue totalling $891.40 million compared to $839.96 million in the corresponding period last year. Revenue for the second quarter rose 9% to
October 16, 2020 Paramount Trading (Jamaica) Limited, for the three months ended August 31, 2020, recorded a marginal increase of 0.4% in total revenues to $362.01 million from $360.57 million reported in 2019. Direct expenses closed the period at $245.67 million, a 3% decrease relative to the $254.12 million booked a year ago. Gross profit
