15 01, 2019

MTL reports 113% increase in six months net profits

2019-01-15T17:26:33-05:00

Date: January 15, 2018 Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2018 reported that revenues increased by 58% for the period to US$3.56 million (2017: US$2.25 million). MTL noted, “This was earned from the 509 thousand passengers that visited the port spending an average US$6.99 each. The comparative revenue for the

MTL reports 113% increase in six months net profits2019-01-15T17:26:33-05:00
15 01, 2019

ECL reports 3% increase in six months net profits

2019-01-15T17:22:02-05:00

Date: January 15, 2018 Express Catering Limited (ECL) for the six months ended November 30, 2018 reported a 4% increase in revenue to US$7.18 million (2017: US$6.88 million). Revenue for the quarter advanced 2% to close at $3.12 million relative to $3.07 million reported the previous year. According to management, “We constantly benchmark our minimum

ECL reports 3% increase in six months net profits2019-01-15T17:22:02-05:00
15 01, 2019

Overseas Headlines- January 15, 2019

2019-01-15T16:38:03-05:00

United States: U.S. Will Fail to Release Key Economic Report at Critical Moment The U.S. growth outlook hangs more than ever on American consumers’ resilience amid stock-market swoons and trade-war tensions, but key data on their spending -- the biggest part of the economy -- will be missing due to the government shutdown. Was it

Overseas Headlines- January 15, 20192019-01-15T16:38:03-05:00
15 01, 2019

The only Jamaican stock you need to own

2019-01-15T18:20:54-05:00

January 15, 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 own2019-01-15T18:20:54-05:00
14 01, 2019

PJX reports nine months net loss of US$1.02 million

2019-01-14T22:48:36-05:00

Date: January 14, 2019 For the nine months ended November 30, 2018, net loss on financial assets classified as at fair value through profit and loss amounted to US$551,463 compared to a gain of US$693,335 in 2017. PJX recorded net loss on financial assets classified as at fair value through profit and loss for the

PJX reports nine months net loss of US$1.02 million2019-01-14T22:48:36-05:00
14 01, 2019

KEX reports a 36% increase in six months net profits

2019-01-14T22:33:42-05:00

Date: January 14, 2018 Knutsford Express Services Limited (KEX), for the quarter ended November 30, 2018,  reported total revenue of $555.11 million, a 25% or $109.68 million increase when compared with the $445.42 million reported for the same period in 2017. For the second quarter, revenues increased by 26% to close the period at $262.18

KEX reports a 36% increase in six months net profits2019-01-14T22:33:42-05:00
14 01, 2019

PTL reports 40% decline in six months net profit

2019-01-14T22:28:51-05:00

Date: January 14, 2019 Paramount Trading (Jamaica) Limited for the six months ended November 30, 2018 recorded a slight 1% increase in total revenues to $697.28 million from $687.18 million reported in 2017. For the quarter, revenues declined 9% to close at $325.10 million (2017: $356.29 million). PTL mentioned that, “since the beginning of this

PTL reports 40% decline in six months net profit2019-01-14T22:28:51-05:00
14 01, 2019

AMG reports a 69% increase in the first three months net profits

2019-01-14T22:21:47-05:00

Date: January 14, 2018 AMG Packaging Paper Company Limited (AMG), for the three months ended November 30, 2018,  recorded Turnover in the amount of $213.92 million, a growth of 11% when compared to $192.88 million the previous year. Cost of Inventories totaled $130.20 million, an increase of 13% relative to the corresponding period in the

AMG reports a 69% increase in the first three months net profits2019-01-14T22:21:47-05:00
14 01, 2019

Board Appointment: GWest Corporation Limited (GWEST)

2019-01-14T20:28:18-05:00

Date: January 14, 2018 GWest Corporation Limited (GWEST) has advised that Mrs. Joy Clark resigned from the position of General Manager effective November 23, 2018 to pursue personal interests external to the Company. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about

Board Appointment: GWest Corporation Limited (GWEST)2019-01-14T20:28:18-05:00
14 01, 2019

Special Advisory: Sterling Investments Limited (SIL)

2019-01-14T20:25:00-05:00

Date: January 14, 2019 Sterling Investments Limited (SIL) has advised that the final renunciation date for existing shareholders has been extended from January 11, 2019 to January 18, 2019. 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

Special Advisory: Sterling Investments Limited (SIL)2019-01-14T20:25:00-05:00