Trade Sheet: Wednesday June 5, 2019
Trade in Shares: Mayberry Jamaican Equities Limited (MJE)
June 05, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 25,000 MJE shares and that a connected party sold 4,753,384 MJE shares. These transactions were conducted on June 3, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
Government Operations Results for April 2019
June 05, 2019 For the period of April 2019, the GOJ reported Total Revenues & Grants of $46.11 billion, $1.54 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 11.4% relative to the $41.41 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax Revenue’ and ‘Grants’
SSLVC reports 20% increase in year end net loss
Date: June 05, 2019 SSL Venture Capital Jamaica, for the year ended December 31, 2018, reported revenues of $194.70 million versus $932,693 reported in the prior year. Cost of sales amounted to $157.50 million (2017: nil), as such resulting in gross profit of $37.20 million relative to $932,693 booked last year. Other operating income closed
Overseas Headlines- June 5, 2019
United States: Fed Inches Toward Rate Cut as Trade War Frays Patience The Federal Reserve’s top policy makers aren’t yet ready to cut interest rates, but worsening trade tensions are nudging them in that direction. In separate comments Tuesday, Fed Chair Jerome Powell and his No. 2, Richard Clarida, reassured nervous investors they’re watching closely
Daily Market Summary- June 4, 2019
Date: June 4, 2019 Daily Market Summary 04.06.19 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,
INDIES reports 55% increase in six months net profit
Date: June 04, 2019 Indies Pharma Jamaica Limited, for the six months ended April 2019, reported revenue of $361.30 million, 20% higher than the $301.10 million booked in 2018. For the quarter, revenue closed at $193.12 million (2018: $149.90 million). Cost of sales declined by 3% to close at $110.11 million (2018: $113.80 million). This
Overseas Headlines- June 4, 2019
United States: U.S. ‘Disappointed’ Over China’s Fingerpointing on Trade Rift The Trump administration on Monday expressed disappointment that China blames the U.S. for the failure of trade talks between the two countries. “It is important to note that the impetus for the discussions was China’s long history of unfair trade practices,” the Treasury Department and
SEP reports 64% growth in year end net profit
Date: June 03, 2019 Seprod Limited (SEP) posted revenue totalling $23.55 billion compared to $16.51 billion recorded for the same period of the prior financial year, representing a 43% increase year over year. The Manufacturing Division recorded a 28% growth to close at $12.36 billion (2017: $9.64 billion), while the Distribution Division increased by 63%