9 02, 2021

Board appointment: iCreate Limited (ICREATE)

2021-02-09T18:39:06-05:00

February 09, 2021 iCreate Limited (ICREATE) has advised of the appointment of Mr. Larren Peart and Mr. Stephen Hector as Directors effective February 3, 2021 and February 4, 2021 respectively. Mr. Peart has also been appointed Chairperson of the Remuneration Committee. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal

Board appointment: iCreate Limited (ICREATE)2021-02-09T18:39:06-05:00
9 02, 2021

LASF reports nine months net profit of $153.91 million

2021-02-09T09:56:08-05:00

February 9, 2021 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2020 recorded trading income of $1.67 billion; this represented a 11% decrease when compared to $1.82 billion posted in 2019, while trading income for the quarter amounted to $527.18 million (2019: $600.68 million). Other income decreased to $13.03 million versus

LASF reports nine months net profit of $153.91 million2021-02-09T09:56:08-05:00
9 02, 2021

Overseas Headlines – February 09, 2021

2021-02-09T07:35:16-05:00

United States: Biden Warms to Fast-Track Stimulus After Liberal Pressure Mounts “President Joe Biden and White House officials are siding with liberal Democrats stung by past efforts to reach compromise with Republicans and refusing to heed GOP appeals to scale back the administration’s $1.9 trillion stimulus. Biden entered talks last week with a group of

Overseas Headlines – February 09, 20212021-02-09T07:35:16-05:00
8 02, 2021

Special Advisory: GraceKennedy Limited (GK)

2021-02-08T17:18:18-05:00

February 08, 2020 GraceKennedy Limited (GK) has advised that pursuant to the terms of the GraceKennedy ‘2009 Stock Option plan for Directors, Managers and Employees’, approved by the Stockholders of the Company at an Annual General Meeting held on May 27, 2009 and as part of the Long Term Incentive Scheme for the employees of

Special Advisory: GraceKennedy Limited (GK)2021-02-08T17:18:18-05:00
8 02, 2021

Dividend Consideration: Seprod Limited (SEP)

2021-02-08T17:15:15-05:00

February 08, 2021 Seprod Limited (SEP) has advised that its Board of Directors, at a meeting scheduled to be held on February 22, 2021, will consider the payment of a dividend. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer

Dividend Consideration: Seprod Limited (SEP)2021-02-08T17:15:15-05:00
8 02, 2021

Trade in Shares: Wisynco Group Limited (WISYNCO)

2021-02-08T16:55:33-05:00

February 08, 2021 Wisynco Group Limited (WISYNCO) has advised that a connected party sold 250,000 WISYNCO shares on February 5, 2021.   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

Trade in Shares: Wisynco Group Limited (WISYNCO)2021-02-08T16:55:33-05:00
8 02, 2021

Net International Reserves- January 2021

2021-02-08T16:37:51-05:00

February 8, 2021 Jamaica’s Net International Reserves (NIR) totalled US$2,982.80 million as at January 2021, reflecting a decrease of US$147.99 million relative to the US$3,130.79 million reported at the end of December 2020 (see figure 1). This change in the NIR resulted from a US$147.64 million decrease in Foreign Assets which total US$3,938.11 million compared

Net International Reserves- January 20212021-02-08T16:37:51-05:00
8 02, 2021

LASD reports 31% increase in nine months net profit

2021-02-08T13:27:46-05:00

February 08, 2021 Lasco Distributors Limited (LASD), for the nine months ended December 31, 2020, posted 6% growth in revenue to $15.23 billion, up from $14.30 billion in the corresponding period in 2019. For the quarter, revenue also increased by 6% closing at $5.17 billion (2019: $4.90 billion). Cost of sales amounted to $12.44 billion,

LASD reports 31% increase in nine months net profit2021-02-08T13:27:46-05:00
8 02, 2021

JAMT reports first quarter net profit attributable to shareholders of $116.59 million

2021-02-08T13:24:15-05:00

February 08, 2021 Jamaican Teas Limited (JAMT) reported a 41% increase in revenues to total $610.56 million (2019: $433.08 million). JAMT stated that this increase was “due to increased export sales which almost doubled from a year ago. The Real Estate Division contributed to the improved profits following completion of our Manor Park apartment complex.

JAMT reports first quarter net profit attributable to shareholders of $116.59 million2021-02-08T13:24:15-05:00
8 02, 2021

LASM reports 30% increase in nine months net profit

2021-02-08T13:25:20-05:00

February 08, 2021 Lasco Manufacturing Limited (LASM) for the nine months ended December 31, 2020, reported total revenue of $6.19 billion compared to $5.84 billion in 2019. Revenue increased $70.53 million or 4% to a total of $2.07 billion in the third quarter, relative to the $2 billion recorded for the comparable quarter in 2019.

LASM reports 30% increase in nine months net profit2021-02-08T13:25:20-05:00