13 11, 2018

Dividend Consideration: 1834 Investments Limited (1834)

2018-11-13T20:10:14-05:00

November 13, 2018 1834 Investments Limited (1834) has advised that the Board of Directors’ meeting scheduled for November 9, 2018 at which consideration would be given to the payment of an interim dividend has been deferred to November 16, 2018.

Dividend Consideration: 1834 Investments Limited (1834)2018-11-13T20:10:14-05:00
13 11, 2018

Special Advisory: Sterling Investments Limited (SIL)

2018-11-13T20:09:13-05:00

November 13, 2018 Sterling Investments Limited (SIL) has advised that the record date of the 5:1 stock split previously announced will be November 27, 2018. The stock split was approved by shareholders of the Company at the Extraordinary General Meeting (EGM) held on October 8, 2018.

Special Advisory: Sterling Investments Limited (SIL)2018-11-13T20:09:13-05:00
13 11, 2018

tTech reports 59% increase in nine months net profits

2018-11-13T19:51:11-05:00

Date: November 13, 2018 tTech Limited (tTech) for the nine months ended September 30, 2018, booked a 31% increase in operating revenues for the period to $214.84 million compared to $163.63 million for the corresponding period last year. Revenue for the quarter rose 25% from $55.80 million in September 2017 to $69.59 million. Cost of

tTech reports 59% increase in nine months net profits2018-11-13T19:51:11-05:00
13 11, 2018

KEY reports net loss of $72.93 million for the nine months period

2018-11-13T18:05:50-05:00

Date: November 13, 2018 Key Insurance Company Limited (KEY) for the nine months ended September 30, 2018 reported a 48% growth in net premiums written from $636.72 million to $943.53 million as a result of a 42% increase in gross premium written which closed the period at $1.46 billion (2017: $1.03 billion). For the quarter,

KEY reports net loss of $72.93 million for the nine months period2018-11-13T18:05:50-05:00
13 11, 2018

PROVEN reports 4% increase in six months net profit attributable to shareholders

2018-11-13T15:41:03-05:00

Date: November 13, 2018 Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the six months ended September 30, 2018 booked net interest of $10.53 million, up from the $9.20 million documented in 2017. Of this, interest income totaled $14.17 million, a 3% increase when compared to the $13.77 million recorded

PROVEN reports 4% increase in six months net profit attributable to shareholders2018-11-13T15:41:03-05:00
13 11, 2018

MDS reports 10% increase in six months net profit

2018-11-13T14:55:05-05:00

Date: November 13, 2018 Medical Disposables & Supplies Limited, for the six months ended September 2018 reported Revenue amounting  $1.04 billion, an increase of 8%, relative to $964.89 million booked the previous year. For the second quarter revenues totalled $500.85 million up 3% year over year (2017: $484.30 million). MDS noted, “This positive performance was

MDS reports 10% increase in six months net profit2018-11-13T14:55:05-05:00
13 11, 2018

The only Jamaican stock you need to own

2018-11-13T14:08:19-05:00

November 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 own2018-11-13T14:08:19-05:00
13 11, 2018

Overseas Headlines- November 13, 2018

2018-11-13T13:29:39-05:00

Date: November 13, 2018 United States: A Strong U.S. Economy Will Boost Global Growth in 2019 Judging by recent headlines, the global economy is on a wild roller coaster that’s going mostly downhill. There are Brexit, trade wars, Italy’s fight with the European Union, renewed U.S. sanctions on Iran, a Chinese debt bomb, jittery stock

Overseas Headlines- November 13, 20182018-11-13T13:29:39-05:00
12 11, 2018

JP reports 36% rise in nine months profit attributable to shareholders

2018-11-12T22:49:05-05:00

November 12, 2018 For the nine months ended September 30, 2018,  Jamaica Producers Group Limited (JP) experienced a 25% increase in revenue to total $14.25 billion compared to the $11.38 billion reported in 2017. The Company posted third quarter revenue of $4.96 billion, a 25% increase (2017: $3.98 billion). The Food & Drink Division contributed a

JP reports 36% rise in nine months profit attributable to shareholders2018-11-12T22:49:05-05:00