13 02, 2019

SRA reports net loss of $12.39 million for the nine months ended December 31, 2018

2019-02-13T20:09:56-05:00

Date: February 13, 2019 Sweet River Abattoir & Supplies Company Limited (SRA) for the nine months ended December 31, 2018: recorded a 17% decline in revenue to $198.51 million relative to $239.43 million in the same period in 2017.  Revenue for the quarter went down 14% to close at $63.94 million relative to $73.98 million.

SRA reports net loss of $12.39 million for the nine months ended December 31, 20182019-02-13T20:09:56-05:00
13 02, 2019

The only Jamaican stock you need to own

2019-02-13T13:41:43-05:00

February 13, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:

The only Jamaican stock you need to own2019-02-13T13:41:43-05:00
12 02, 2019

Special Advisory: Everything Fresh Limited (EFRESH)

2019-02-12T19:29:07-05:00

Date: February 12, 2019 Everything Fresh Limited (EFRESH)  has purchased 100% of The Meat Experts. The agreement was signed recently and the takeover is now complete. The purchase consideration was Fifty Million Jamaican Dollars and they expect to spend an additional Thirty Million Jamaica Dollars for upgrades, in very short order. EFRESH also advised that

Special Advisory: Everything Fresh Limited (EFRESH)2019-02-12T19:29:07-05:00
12 02, 2019

RJR reports 24% decline in nine months ended net profit

2019-02-12T17:58:09-05:00

Date: February 12, 2019 RJRGLEANER Communications Group (RJR) revenues for the nine months ended December 31, 2018, increased by 9% to $4.21 billion compared to $3.87 billion for the comparable period the prior year. For the quarter, revenues increased 8% to close at $1.50 billion (2017: $1.39 billion). The company noted, “ The Group recorded

RJR reports 24% decline in nine months ended net profit2019-02-12T17:58:09-05:00
12 02, 2019

SALF reports net loss of $23.08 million for three months ended December 31, 2018

2019-02-12T15:59:25-05:00

Date: February 12, 2019 Salada Foods Jamaica Limited (SALF) for the quarter ended December 31, 2018, recorded a 24% decline in turnover for the quarter to $172.34 million (2017: $227.76 million). The company stated that, “The decline arose in October 2018 from an accident in the boiler room wherein both boilers were damaged and had to

SALF reports net loss of $23.08 million for three months ended December 31, 20182019-02-12T15:59:25-05:00
12 02, 2019

The only Jamaican stock you need to own

2019-02-12T13:43:03-05:00

February 12, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:

The only Jamaican stock you need to own2019-02-12T13:43:03-05:00