Date: December 12, 2018 Jamaica’s Net International Reserves (NIR) totaled US$2,899.06 million as at November 2018, reflecting a decrease of US$26.27 million relative to the US$2,925.33 million reported as at the end of October 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$34.93 million to total US$3,425.13 million
Date: December 10, 2018 Please click below to view today’s featured stock. Weekly Picks 10.12.18 LASD The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents
Date: December 3, 2018 Sagicor Group Jamaica Limited (SJ) has issued the following disclosure on the Acquisition of Sagicor Financial Corporation – Alignvest Acquisition II Corporation: The name of the ultimate parent shall change from Sagicor Financial Corporation to Sagicor Financial Company Limited and the latter shall be listed on the Toronto Stock Exchange. The transaction involves
December 03, 2018 Please click below to view today’s featured stock. Weekly Picks 03.12.18 SALF The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of
Date: November 30, 2018 Honey Bun (1982) Limited (HONBUN), booked a 5% increase in revenue to $1.32 billion, up from $1.25 billion reported a year ago. For the fourth quarter, revenue climbed by 10% totaling $310.71 million (2017: $281.70 million). The Company had a marginal increase in cost of sales to $715.89 million (2017: $706.92
November 27, 2018 Salada Foods Jamaica Limited (SALF), for the year ended September 30, 2018: recorded a 19% increase in turnover to close at $1.04 billion (2017: $871.73 million). For the fourth quarter revenue amounted to $292.79 million (2017: $258.94 million), a 13% rise. SALF also noted that, “domestic sales continue to perform well, growing by
November 26, 2018 Please click below to view today’s featured stock. Weekly Picks 26.11.18 MDS The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of
Date: November 20, 2018 Pulse Investments Limited (PULS), for the three months ended September 30, 2018 reports operating revenue which increased by $9.68 million to $129.06 million in the first quarter relative to $119.38 million the prior year, this represents an 8% increase. Administrative and other expenses amounted to $53.02 million (2017: $46.27 million), an
November 19, 2018 Please click below to view today’s featured stock. Weekly Picks 19.11.18 LASD The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of
Date: November 16, 2018 Elite Diagnostics Limited (ELITE), for the three months ended September 30, 2018 reported that Revenue increased by 22% to total $85.44 million compared to $69.82 million for the same period in 2017. The company highlighted, “Revenues from the Liguanea location amounted to $23.7M for the quarter as compared to the previous
