11 08, 2020

SELECTMD reports six months net loss of $851 million

2020-08-11T16:02:02-05:00

August 11, 2020 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the six months ended June 30, 2020 reported net investment loss of $836.72 million. While for the quarter net investment income closed at $243.38 million Fees and other income closed the six months period at $28,000 and the second quarter at $10,000. As such,

SELECTMD reports six months net loss of $851 million2020-08-11T16:02:02-05:00
11 08, 2020

SelectF reports six months net loss of $1.80 billion

2020-08-11T15:44:45-05:00

August 11, 2020 Sagicor Select Funds Limited (SELECTF), for the six months ended June 30, 2020 reported net investment loss of $1.78 billion relative to an income of $434.19 million booked June 30, 2019. As for the quarter, net investment loss amounted to $318.54 million relative to an income of $415.97 million booked last year

SelectF reports six months net loss of $1.80 billion2020-08-11T15:44:45-05:00
11 08, 2020

Overseas Headlines – August 11, 2020

2020-08-11T09:34:58-05:00

United States: U.S. Recovery Sees Some Momentum After Monthlong Stall “The latest high-frequency data suggest America’s economic recovery may finally be getting moving again after stalling for a month. Bloomberg Economics created a weekly dashboard of high-frequency, alternative and market-based data to track the economy’s plunge into recession and eventual recovery. New Covid-19 cases have

Overseas Headlines – August 11, 20202020-08-11T09:34:58-05:00
10 08, 2020

JSE reports 13% decrease in six months net profit

2020-08-10T20:32:44-05:00

Jamaica Stock Exchange Limited (JSE), for the first six months ended June 30, 2020 recorded total revenue of $886.85 million, a 1% increase when compared to the $874.52 million booked the prior year’s corresponding period. For the second quarter the company reported a 12% decrease in total revenue to close the quarter at $378.26 million

JSE reports 13% decrease in six months net profit2020-08-10T20:32:44-05:00
10 08, 2020

SIL to issue new ordinary shares

2020-08-10T16:37:26-05:00

August 10, 2020 SIL had its most successful financial year in 2019, posting an 88% increase in net profit to $101.17 million (2018: $53.82 million). Additionally, SIL recorded a 91% increase in foreign exchange gains. The Company noted our, “portfolio benefited from the rise in global asset prices (in USD terms) which in turn led to a substantial

SIL to issue new ordinary shares2020-08-10T16:37:26-05:00
10 08, 2020

Trade in Shares: Eppley Caribbean Property Fund Limited SCC (CPFV)

2020-08-10T16:12:05-05:00

August 10, 2020 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that a total of 47,172 CPFV shares were purchased during the period July 27 to July 31, 2020 under the Company’s share buy-back programme. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about

Trade in Shares: Eppley Caribbean Property Fund Limited SCC (CPFV)2020-08-10T16:12:05-05:00
10 08, 2020

Trade in Shares: QWI Investments Limited (QWI)

2020-08-10T16:11:22-05:00

August 10, 2020 QWI Investments Limited (QWI) has advised that a Director purchased 375,000 QWI shares on August 4, 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 of this report. Each research analyst (s)

Trade in Shares: QWI Investments Limited (QWI)2020-08-10T16:11:22-05:00
10 08, 2020

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

2020-08-10T16:10:39-05:00

August 10, 2020 Honey Bun (1982) Limited (HONBUN) has declared a dividend of $0.03 per share payable on September2, 2020 to shareholders on record as at August 19, 2020. The ex-dividend date is August 18, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research

Dividend Declaration: Honey Bun (1982) Limited (HONBUN)2020-08-10T16:10:39-05:00
10 08, 2020

BIL reports 40% increase in nine months net profit

2020-08-10T14:51:40-05:00

For the nine months ended June 30, 2020, Barita Investments Limited (BIL) recorded a 91% increase in net interest income, amounting to $836.55 million relative to $436.90 million for the comparable period in 2019. Net interest income for the quarter closed at $296.46 million, 64% above the $180.48 million reported for the prior year’s corresponding

BIL reports 40% increase in nine months net profit2020-08-10T14:51:40-05:00
10 08, 2020

SJ reports 88% decline in six months net profits

2020-08-10T11:26:19-05:00

August 7, 2020 Sagicor Group Jamaica Limited (SJ), for the six months ended June 30, 2020, reported  that Total Revenues decreased by 9% to $38.85 billion from $42.59 billion in 2019, while for the second quarter, Total Revenues declined 2% to total $22.04 billion compared to $22.47 billion in 2019. Total revenue year to date was

SJ reports 88% decline in six months net profits2020-08-10T11:26:19-05:00