February 27, 2020 Click the link below to view the Basis of Allotment for Caribbean Assurance Brokers Limited's Initial Public Offering (IPO). Caribbean Assurance Brokers Final Basis of Allotment Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)
February 25, 2020 The Planning Institute of Jamaica (PIOJ) held their Media Briefing today, discussing the review of the economic performance of Jamaica for the October to December 2019 period. Dr. Wayne Henry, Director General of PIOJ, highlighted the macroeconomic performance for the October-December 2019, mentioning. “real GDP is estimated to have grown by 0.1%
February 24, 2020 During the period January to November 2019 the Jamaica’s imports amounted US$5,905.5 million increasing by 3.9% relative to US$5,682.4 million for the corresponding period in 2018 based on data released by the Statistical Institute of Jamaica (STATIN). Revenue from total exports totalled US$1,462.1 million for the period under review, a decline of
February 19, 2020 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with Bank of Jamaica) at 0.50 per cent per annum, effective Thursday, 20 February 2020. The Bank sets its policy interest rate so as to ensure that the yearly rate
February 19, 2020 The consumer price index for January 2020 was 267.5 resulting in an inflation rate of -1.1%, according to the Statistical Institute of Jamaica (STATIN). This downward movement was largely attributed to the decreases in the division of ‘Food and Non-Alcoholic Beverages’ by 1.4% and ‘Housing, Water, Electricity, Gas and Other Fuels’ by
February 18, 2020 KINGSTON, Jamaica – Mayberry Investments Limited (“Mayberry”), announces the closure of Caribbean Assurance Brokers Limited’s (the “Company”) Initial Public Offer (the “Offer”) of 52,500,000 ordinary shares (the “Shares”), at the price of $1.91 per share, made subject to a Prospectus issued by the Company on Friday, 7 February, 2020. The application
February 18, 2020 In United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the six months ended December 31, 2019, revenues increased by 11% from $53.73 million in 2018 to close the period under review at $59.47 million. For the second quarter, the company also posted a 10% increase
Date: February 17, 2020 ISP Finance Services Limited’s (ISP) total interest income amounted to $367.06 million compared to $306.57 million in 2018, an increase of 20%. For the quarter, total interest income amounted to $91.22 million (2018: $92.81 million). Total income is broken down as follows: Interest income from loans grew 20% to total $367.06
February 14, 2020 Carreras Limited (CAR), for the nine months ended December 31, 2019 reported Operating Revenue of $10.28 billion, 4% more than the $9.86 billion booked in 2018. Revenue for the quarter increased by 2% compared to the corresponding quarter moving to $3.64 billion in 2019 from $3.55 billion in 2018. Cost of Operating Revenue
February 14, 2020 GWEST Corporation Limited (GWEST), for the nine months ended December 31, 2019 booked Total revenue of $101.83 million, an increase of 13% when compared with the $90.08 million booked last year. Revenue rose by 2% or $535,000 for the third quarter, amounting to $32.92 million (2018: $32.38 million). The company highlighted that “Our
