14 08, 2020

138SL reports nine months net profit of $401.77 million

2020-08-14T12:25:24-05:00

August 14, 2020 138 Student Living (138SL), for the nine months ended June 30, 2020, reported a 53% increase in Income to $996.51 million relative to the $651.16 million recorded for the corresponding nine months period the prior year. Other operating income also increased for the period under review, growing 225% to $90.32 million relative

138SL reports nine months net profit of $401.77 million2020-08-14T12:25:24-05:00
14 08, 2020

PBS reports six months net loss attributable to shareholders of US$2.11 million

2020-08-14T12:21:24-05:00

August 14, 2020 Productive Business Solutions Limited (PBS) for the six months ended June 30, 2020 reported a 14% decrease in revenues from US$85.08 million for the 2019 period to US$73.17 million in 2020. For the quarter, revenues decreased 25% to total US$31.26 million relative to US$41.53 million the prior corresponding quarter. PBS noted that, “the

PBS reports six months net loss attributable to shareholders of US$2.11 million2020-08-14T12:21:24-05:00
14 08, 2020

Overseas Headlines – August 14, 2020

2020-08-14T08:40:47-05:00

United States: Rebound in U.S. Retail Sales Slowed in July Amid Virus’s Surge “The rebound in U.S. retail sales slowed in July by more than expected, indicating a surge in coronavirus cases and still-high unemployment cooled the economic recovery. The value of retail purchases increased 1.2% from the prior month after an upwardly revised 8.4%

Overseas Headlines – August 14, 20202020-08-14T08:40:47-05:00
13 08, 2020

ROC reports six months net loss of $17.61 million

2020-08-13T18:18:10-05:00

August 13, 2020 IronRock Insurance Company Limited (ROC), for the six months ended June 30, 2020 posted gross premium of $421.98 million relative $318.55 million; this represents a 32% increase year over year. For the second quarter gross premium rose by 23% to total $243.31 million compared to $197.77 million. Proportional reinsurance amounted to $309.91

ROC reports six months net loss of $17.61 million2020-08-13T18:18:10-05:00
13 08, 2020

Gas Price Movement for August 13, 2020

2020-08-13T17:21:43-05:00

Brent Oil Brent oil prices decreased by 0.33% or US$0.15, as prices declined this week relative to the prior week. Oil traded on August 13, 2020 at a price of US$44.94 per barrel relative to US$45.09 on August 6, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices increased

Gas Price Movement for August 13, 20202020-08-13T17:21:43-05:00
13 08, 2020

HONBUN reports 10% decline in nine months net profit

2020-08-13T16:59:16-05:00

August 13, 2020   For the nine months ended June 30, 2020, Honey Bun (1982) Limited reported revenues of $1.24 billion, 6% up from $1.17 billion reported a year ago. For the quarter, revenues dropped by 7% to $367.42 million (2019: $394.49 million). HONBUN noted, “The revenue decline was mainly due to many customers in

HONBUN reports 10% decline in nine months net profit2020-08-13T16:59:16-05:00
13 08, 2020

Dividend Declaration: Jamaican Teas Limited (JAMT)

2020-08-13T16:34:52-05:00

August 13, 2020 Jamaican Teas Limited (JAMT) has advised that the Directors of the Company have resolved to pay a capital distribution of $0.06 per share on October 15, 2020 to shareholders on record as at October 1, 2020. The ex-dividend date is September 30, 2020. Analyst Certification -The views expressed in this research report accurately reflect

Dividend Declaration: Jamaican Teas Limited (JAMT)2020-08-13T16:34:52-05:00
13 08, 2020

Dividend Declaration: Cargo Handlers Limited (CHL) 

2020-08-13T16:33:55-05:00

August 13, 2020 Cargo Handlers Limited (CHL) has declared an interim dividend of $0.07 per stock unit payable on September 21, 2020 to stockholders on record as at August 27, 2020. The ex-dividend date is August 26, 2020 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research

Dividend Declaration: Cargo Handlers Limited (CHL) 2020-08-13T16:33:55-05:00
13 08, 2020

Dividend Declaration: PanJam Investment Limited (PJAM)

2020-08-13T16:32:55-05:00

August 13, 2020 PanJam Investment Limited (PJAM) has advised that its Board of Directors met on August 12, 2020 and among the items discussed was the declaration of an interim dividend. After discussion, it was agreed that no dividend would be declared at this time and that the matter would be further assessed at the next Board

Dividend Declaration: PanJam Investment Limited (PJAM)2020-08-13T16:32:55-05:00
13 08, 2020

Special Advisory: Mayberry Investments Limited (MIL)

2020-08-13T16:26:24-05:00

August 13, 2020 Mayberry Investments Limited (MIL) has advised that Ms. Tania Waldron-Gooden has resigned from her post as Director – Investment Banking effective September 30, 2020. 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

Special Advisory: Mayberry Investments Limited (MIL)2020-08-13T16:26:24-05:00