30 11, 2020

HONBUN reports 7% increase in year end net profit

2020-11-30T13:47:31-05:00

November 30, 2020 Honey Bun (1982) Limited (HONBUN), booked an 8% increase in revenue to $1.67 billion, up from $1.54 billion reported a year ago. For the fourth quarter, revenue climbed by 15% totaling $431.38 million (2019: $374. million). The Company booked a 10% increase in cost of sales to $875.50 million (2019: $799.17 million)

HONBUN reports 7% increase in year end net profit2020-11-30T13:47:31-05:00
30 11, 2020

BPOW reports 32% decline in six months net profits

2020-11-30T12:36:54-05:00

November 30, 2020 For the six months ended October 31, 2020:- Blue Power Group Limited (BPOW), for the six months ended October 31, 2020 booked a 36% increase in revenue to total $313.84 million compared to $231.43 million for the corresponding period in 2019. Revenue for the quarter totalled $151.99 million, 35% above last year’s corresponding

BPOW reports 32% decline in six months net profits2020-11-30T12:36:54-05:00
30 11, 2020

AMG reports 5% decrease in year end net profits

2020-11-30T12:32:05-05:00

November 30, 2020 Audited Financial Statements Year Ended August 31, 2020: AMG Packaging and Paper Company Limited (AMG) for the year ended August 31, 2020 recorded turnover in the amount of $720.45 million (2019: $762.30 million), a 5% decrease when compared to 2019. Turnover for the quarter increased by 7%, moving from $174.68 million in

AMG reports 5% decrease in year end net profits2020-11-30T12:32:05-05:00
30 11, 2020

Featured Stock- CCC

2020-11-30T09:11:12-05:00

November 30, 2020 Weekly Picks 30.11.20 CCC   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,

Featured Stock- CCC2020-11-30T09:11:12-05:00
30 11, 2020

Overseas Headlines – November 30, 2020

2020-11-30T08:41:32-05:00

United States: Yellen to Forge U.S. Economic Comeback as Biden’s Treasury Pick “President-elect Joe Biden will take a significant step this week toward addressing the damage to the U.S. economy inflicted by the coronavirus pandemic, as he names an economic team led by his choice for Treasury secretary, former Federal Reserve Chair Janet Yellen. In

Overseas Headlines – November 30, 20202020-11-30T08:41:32-05:00
27 11, 2020

Dividend Consideration: Jamaica Producers Group Limited (JP)

2020-11-27T15:53:56-05:00

November 27, 2020 JP has advised that the Board of Directors will consider declaring a dividend or capital distribution at a meeting scheduled to be held on December 4, 2020. 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)

Dividend Consideration: Jamaica Producers Group Limited (JP)2020-11-27T15:53:56-05:00
27 11, 2020

Special Advisory : Key Insurance Company Limited (KEY)

2020-11-27T15:50:03-05:00

November 27, 2020 KEY has advised that a duly appointed Committee of Directors has set the record date for the Company’s upcoming Rights Issue. The approved record date is December 10, 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those

Special Advisory : Key Insurance Company Limited (KEY)2020-11-27T15:50:03-05:00
27 11, 2020

Special Advisory : KLE Group Limited (KLE)

2020-11-27T15:47:56-05:00

November 27, 2020 KLE has advised that at the recent Board Meeting on November 6, 2020, the Company made the decision to restructure the management in order to adjust the cost side of the business to better align with the new revenue realities facing the Company particularly as a result of the corona pandemic’s impact

Special Advisory : KLE Group Limited (KLE)2020-11-27T15:47:56-05:00
27 11, 2020

US monthly advance sales for retail and food services slows to 0.3%

2020-11-27T15:41:00-05:00

Advance estimates of U.S. retail and food services sales for October 2020 recorded a 0.3% or $553.3 billion increased from September 2020. It was noted that the advance estimate for the period under review was adjusted for seasonal variation and holiday and trading-day difference, but not price changes. Excluding automobiles, gasoline, building materials, and food

US monthly advance sales for retail and food services slows to 0.3%2020-11-27T15:41:00-05:00
27 11, 2020

CARICOM’s Economic Recovery and Transformation

2020-11-27T14:03:25-05:00

November 27, 2020 The ongoing crisis of democracy and governance in the USA, the increasing COVID-19 cases in the USA and Canada, the tightening restrictions in the United Kingdom (UK) and the European Union (EU) are all of importance to the Caribbean as its economic recovery is linked to actions taken in these countries to

CARICOM’s Economic Recovery and Transformation2020-11-27T14:03:25-05:00