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
13 08, 2020

Overseas Headlines – August 13, 2020

2020-08-13T08:28:17-05:00

United States: U.S. Jobless Claims Below 1 Million for First Time in Pandemic “The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, suggesting the economic recovery is gaining some traction amid a deceleration in coronavirus infections. Initial jobless claims in regular state

Overseas Headlines – August 13, 20202020-08-13T08:28:17-05:00
12 08, 2020

JAMT reports 61% decrease in net profit attributable to shareholders

2020-08-12T20:03:17-05:00

August 12, 2020 Jamaican Teas Limited (JAMT), for the nine months ended June 30, 2020, reported a 40% increase in revenues to total $1.41 billion (2019: $1.01 billion). For the quarter, revenues amounted to $505.96 million compared to $316.67 million in the previous corresponding quarter. Notably, Management stated that, “$117 million of this increase arose

JAMT reports 61% decrease in net profit attributable to shareholders2020-08-12T20:03:17-05:00
12 08, 2020

CABROKERS reports six months net loss of $13.45 million

2020-08-12T17:29:50-05:00

August 12, 2020 Caribbean Assurance Brokers (CABROKERS), for the six months ended June 30, 2020, reported revenue of $139.61 million compared to the $148 million booked for the prior year, a 6% decrease. For the quarter, revenue went down by 5% closing at $69.52 million (2019: $73.09 million). Other operating income totalled $14.54 million (2019:

CABROKERS reports six months net loss of $13.45 million2020-08-12T17:29:50-05:00
12 08, 2020

SALF reports 69% decline in nine months net profit attributable to shareholders

2020-08-12T17:14:33-05:00

August 12, 2020   Salada Foods Jamaica Limited (SALF), for the nine months ended June 30, 2020 recorded a 6% increase in turnover to close at $819.55 million (2019: $769.64 million). Management stated, “despite the pandemic, our exports and contract manufacturing business segments continue to perform well and are the growth drivers.” As for the

SALF reports 69% decline in nine months net profit attributable to shareholders2020-08-12T17:14:33-05:00
12 08, 2020

SIL reports 30% increase in six months net profit

2020-08-12T23:08:15-05:00

Sterling Investments Limited (SIL) for the six months ended June 30, 2020 reported interest income of $57.70 million, a 25% increase compared to $46.10 million booked twelve months earlier. Interest income for the quarter closed at $30 million compared to $24.27 million reported for the same quarter of 2019. Foreign exchange gain amounted to $64.29 million,

SIL reports 30% increase in six months net profit2020-08-12T23:08:15-05:00
12 08, 2020

Dividend Declaration:  Honey Bun (1982) Limited (HONBUN)

2020-08-12T15:20:18-05:00

August 12, 2020 Honey Bun (1982) Limited (HONBUN) has amended its recently published dividend notice as follows: HONBUN has declared a dividend of $0.03 per share payable on September 4, 2020 to shareholders on record as at August 21, 2020. The ex-dividend date is August 20, 2020. Analyst Certification -The views expressed in this research report

Dividend Declaration:  Honey Bun (1982) Limited (HONBUN)2020-08-12T15:20:18-05:00