16 10, 2019

Dividend Declaration: Sagicor Select Funds Limited (SELECTF)

2019-10-16T20:31:10+00:00

October 16, 2019 Sagicor Select Funds Limited (SELECTF) has advised that the Board of Directors of SELECTF, at its meeting held on October 14, 2019, approved a resolution to declare an interim dividend of $0.0117 payable on November 14, 2019 to shareholders on record at the close of business on November 4, 2019. The ex-dividend

16 10, 2019

Special Advisory: Jamaica Public Service Company Limited (JPS)

2019-10-16T20:31:07+00:00

October 16, 2019 Jamaica Public Service Company Limited (JPS) has advised that the Board of Directors of the Company, at its meeting scheduled to be held on October 24, 2019, is expected to consider the declaration of quarterly Preference F Dividends payable on November 22, 2019 to shareholders of record at the close of business

16 10, 2019

KEX reports 46% decrease in first quarter net profits

2019-10-16T21:02:14+00:00

October 16, 2019 Knutsford Express Services Limited (KEX), for the three months ended August 31, 2019 reported total revenue of $324.52 million, an 11% or $31.59 million increase when compared with the $292.93 million reported for the same period in 2018. KEX noted, “this was due to continued demand for our transport services.” Administrative and general

16 10, 2019

KREMI reports a 63% decrease in six months net profit

2019-10-16T21:02:03+00:00

October 16, 2019 Caribbean Cream Ltd. (KREMI) for six months ended August 31, 2019 reported a 5% increase in revenue totalling $839.96 million compared to $799.51 million in the corresponding period last year.  Revenue for the second quarter rose 9% to close at $422.30 million compared to $387.76 million for the comparable quarter of 2018.

16 10, 2019

Overseas Headlines-October 16, 2019

2019-10-16T14:04:16+00:00

October 16, 2019 United States: U.S. Retail Sales Unexpectedly Drop in Sign Consumer Shaky “U.S. retail sales unexpectedly posted the first decline in seven months, suggesting consumers are starting to become shaky as the main pillar of economic growth and potentially bolstering the case for a third straight Federal Reserve interest-rate cut. Treasuries rose and

15 10, 2019

Board Appointment: Access Financial Services Limited (AFS)

2019-10-15T19:48:53+00:00

Date: October 15, 2019 Access Financial Services Limited (AFS) has advised of the appointment of Mr.  Frederick Williams to the position of Chief Operating Officer effective October 7, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that

15 10, 2019

Trade in Shares: Sagicor Group Jamaica Limited (SJ)

2019-10-15T19:48:05+00:00

Date: October 15, 2019 Sagicor Group Jamaica Limited (SJ) has advised that a Senior Officer sold 81,589 SJ shares on October 8, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was,

15 10, 2019

Trade in Shares: Barita Investments Limited (BIL)

2019-10-15T19:44:22+00:00

Date: October 15, 2019 Barita Investments Limited (BIL) has advised that a Director and two connected parties purchased a total of 2,939,469 BIL shares during the period October 7 to 8, 2019.   Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s)

15 10, 2019

ECL reports 11% increase in first quarter net profit

2019-10-15T17:10:50+00:00

October 15, 2019 Express Catering Limited’s (ECL), for the three months ended August 31, 2019, revenues increased by 12% for the period to US$4.54 million (Q1 2018: US$4.06 million). Cost of sales (COS) increased by 13% for the period to US$1.23 million (Q1 2018: US$1.09 million). As a result gross profit increased year-on-year for the

15 10, 2019

MTL reports 9% increase in first quarter net profit

2019-10-15T18:25:53+00:00

October 15, 2019 Margaritaville (Turks) Limited (MTL) for the three months ended August 31, 2019 reported revenues which increased by 12% for the period to US$2.03 million (2018: US$1.82 million). The company commented that revenue was, “earned from the 282,040 passengers that arrived at the port during the period resulting in a spend-per-passenger of US$7.21.” Cost

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