18 07, 2022

Special Advisory: Victoria Mutual Investments Limited (VMIL)

2022-07-18T16:08:03-05:00

July 18 2022 Victoria Mutual Investments Limited (VMIL) has advised that a Meeting to Consider a Scheme of Arrangement proposed to be made between the Company and its Shareholders and the Directors of the Company will be held at 73-75 Half Way Tree Road, Kingston 10 on August 10, 2022 at 3:00 p.m. at which

Special Advisory: Victoria Mutual Investments Limited (VMIL)2022-07-18T16:08:03-05:00
18 07, 2022

DOLLA reports 473% increase in six-month net profit

2022-07-18T15:22:04-05:00

July 18, 2022 Dolla Financial Services Limited (DOLLA) for the six months ended June 30, 2022, reported net interest income of $271.76 million, 218% higher than the $85.57 million booked in 2021. For the second quarter (Q2), interest income closed at $143.13 million (2021: $41.85 million). Management noted that “this increase was driven by the

DOLLA reports 473% increase in six-month net profit2022-07-18T15:22:04-05:00
18 07, 2022

KREMI reports 98% decline in first quarter net profit

2022-07-18T14:24:41-05:00

July 15, 2022 Caribbean Cream Limited (KREMI) Unaudited Financials for the three months ended May 31, 2022: Caribbean Cream Limited (KREMI), for the three months ended May 31, 2022, reported a 12% increase in revenue to total $611.75 million compared to $548.45 million booked in the previous quarter. Management noted that, "The company increased prices while we work

KREMI reports 98% decline in first quarter net profit2022-07-18T14:24:41-05:00
18 07, 2022

Runaway inflation results in rapidly rising interest rates

2022-07-18T13:12:42-05:00

July 18, 2022 Inflation has been accelerating since the reopening of economies around the world from COVID lockdowns. It’s causing an inflationary shock that is stretching longer than expected, fueled by persistent supply chain disruptions and the war in Ukraine. The good news is that the inflation picture should become better. Supply chains are showing

Runaway inflation results in rapidly rising interest rates2022-07-18T13:12:42-05:00
18 07, 2022

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for July 15, 2022

2022-07-21T10:15:17-05:00

July 18, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 15, 2022, was J$18.39. MJE’s last traded price on July 15, 2022, was $14.37. The below graph shows MJE’s Net Asset Value movement since 2019.   Disclaimer: Analyst Certification -The views expressed in this research report accurately

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for July 15, 20222022-07-21T10:15:17-05:00
18 07, 2022

Featured Stock- JBG

2022-07-18T08:57:51-05:00

July 18, 2022 Weekly Picks 18.07.2022 JBG 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,

Featured Stock- JBG2022-07-18T08:57:51-05:00
18 07, 2022

Overseas Headlines – July 18, 2022

2022-07-18T15:24:55-05:00

July 18, 2022   United States: Equity Futures Gain as Rate Bets Ease; Bonds Fall: Markets Wrap US equity futures rose while bonds retreated on speculation the Federal Reserve will take a more measured approach to policy tightening, easing recession fears. Contracts on the Nasdaq 100 and S&P 500 pared earlier gains of more than

Overseas Headlines – July 18, 20222022-07-18T15:24:55-05:00
15 07, 2022

1834 reports 96% decline in year end net profit

2022-07-15T16:12:40-05:00

July 15, 2022 1834 Investments Limited (1834) For the year ended March 31, 2022: - 1834 Investments Limited (1834) posted revenue of $103.41 million, a 13% decrease when compared to $118.90 million reported for the comparable period in 2021. Other gains decreased by 37% to $26.57 million (2021: $42.41 million). Other losses for the quarter closed at $17.01 million (2021: $4.03 million).

1834 reports 96% decline in year end net profit2022-07-15T16:12:40-05:00
15 07, 2022

Jamaica’s unemployment rate falls to record low of 6.0% as at April 2022

2022-07-15T15:48:25-05:00

July 15, 2022 The Statistical Institute of Jamaica (STATIN) reported that the unemployment rate for April 2022 was 6.0 per cent compared to 9.0 per cent for the same quarter of 2021, the lowest unemployment rate in Jamaica's history. This was 3.0 percentage points lower than the same quarter of the previous year. The male

Jamaica’s unemployment rate falls to record low of 6.0% as at April 20222022-07-15T15:48:25-05:00
15 07, 2022

Trade in Shares: Sagicor Group Jamaica Limited (SJ)

2022-07-15T17:50:25-05:00

July 15, 2022 Sagicor Group Jamaica Limited (SJ) has advised that a director and an executive sold a total of 59,328 SJ shares during the period July 12 to 13, 2022.   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about

Trade in Shares: Sagicor Group Jamaica Limited (SJ)2022-07-15T17:50:25-05:00