2 11, 2020

ECL reports first quarter net loss of US$1.08 million

2020-11-02T12:24:50-05:00

November 2, 2020 Express Catering Limited (ECL) Unaudited for the three months ended August 31, 2020: Express Catering Limited (ECL), for the three months ended August 31, 2020, revenues decreased by 90% for the period to US$444,140 (Q1 2019: US$4.54 million). Cost of sales (COS) decreased by 87% for the period to US$159,423 (Q1 2019:

ECL reports first quarter net loss of US$1.08 million2020-11-02T12:24:50-05:00
2 11, 2020

AFS reports 78% decline in six months net profits

2020-11-02T10:54:24-05:00

November 02, 2020 Access Financial Services Limited (AFS) for the six months ended September 30, 2020 reported $747.42 million in total interest income, a 10% decrease relative to the $830.75 million recorded in 2019. Of this, interest income from loans amounted to $742.99 million (2019: $830.07 million), while interest income from securities amounted to $4.43

AFS reports 78% decline in six months net profits2020-11-02T10:54:24-05:00
2 11, 2020

Featured Stock – CCC

2020-11-02T08:49:59-05:00

November 2, 2020 Weekly Picks 02.11.20 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, is,

Featured Stock – CCC2020-11-02T08:49:59-05:00
2 11, 2020

Overseas Headlines – November 2, 2020

2020-11-02T07:28:47-05:00

United States: The Good and the Bad of the U.S. Economy on Eve of Election Day “On the eve of the 2020 election, a U.S. economy that was walloped by a global health crisis in March is recovering, though it’s a ways from regaining full strength. Trillions of dollars in fiscal support from lawmakers and

Overseas Headlines – November 2, 20202020-11-02T07:28:47-05:00
30 10, 2020

Cayman Islands Government forecasts CI$168 million deficit

2020-10-30T14:15:32-05:00

October 30, 2020 Cayman Islands Finance Committee members confirmed that the government is now forecasting a $168.7 million deficit by the end of this year as a result of the COVID-19 pandemic. Councillor to the Minister of Finance Roy McTaggart, as he opened the committee hearing for the appropriation changes to this year’s budget, delivered the

Cayman Islands Government forecasts CI$168 million deficit2020-10-30T14:15:32-05:00
30 10, 2020

SVL reports 18% increase in third quarter net profit

2020-10-30T14:37:14-05:00

October 30, 2020 Supreme Ventures Limited (SVL), for the nine months ended September 30, 2020, reported a marginal decrease of 0.44% in ‘Total Gaming Revenue’ from $28.06 billion in 2019 to $27.94 billion in 2020. Revenues from the Company’s segments were as follows: Revenue from ‘Non fixed odd wagering games, horse racing and pin codes’

SVL reports 18% increase in third quarter net profit2020-10-30T14:37:14-05:00
30 10, 2020

ECL reports 58% decrease in year end net profit

2020-10-30T12:07:50-05:00

October 30, 2020 Express Catering Limited (ECL) for the year ended May 31, 2020 reported a 19% decrease in revenue to US$14 million (2019: US$17.32 million). Revenue for the quarter declined 79% to close at US$1.09 million relative to US$5.21 million reported the previous year. Cost of sales (COS) decreased by 15% for the period

ECL reports 58% decrease in year end net profit2020-10-30T12:07:50-05:00
30 10, 2020

MTL reports 90% decrease in year end net profits

2020-10-30T10:56:15-05:00

October 30, 2020 Margaritaville (Turks) Limited  For the Year Ended May 31, 2020: In United States dollars (except where it is indicated otherwise): Margaritaville Turks Limited (MTL), for the twelve months ended May 31, 2020, reported revenues of $5.94 million versus $7.59 million in the prior corresponding period. For the quarter, revenues amounted to $124,230

MTL reports 90% decrease in year end net profits2020-10-30T10:56:15-05:00
30 10, 2020

Overseas Headlines – October 30, 2020

2020-10-30T08:52:45-05:00

United States U.S. Personal Income, Spending Increase by More Than Forecast “Americans’ incomes increased in September by more than expected, boosted by employment gains and helping to propel consumer spending at the end of the third quarter. Personal incomes rose 0.9% from the prior month following a 2.5% decline in August, a Commerce Department report

Overseas Headlines – October 30, 20202020-10-30T08:52:45-05:00
29 10, 2020

U.S third quarter GDP recorded 7.4% increase

2020-10-30T08:40:45-05:00

October 29, 2020 According to the advance estimate released by the Bureau of Economic Analysis, the U.S Real gross domestic product (GDP) increased at an annual rate of 33.1% (7.4% at a quarterly rate) in the third quarter of 2020. This follows a decrease of 31.4% in the second quarter. Real GDP for the third

U.S third quarter GDP recorded 7.4% increase2020-10-30T08:40:45-05:00