Trade Sheet: Friday May 10, 2019
GK reports 23% decline in first quarter net profit
Date: May 10, 2019 GraceKennedy Limited (GK) recorded revenues of $25.93 billion for the period under review (2018: $24.91 billion), a year over year increase of 4%. Segment report is as follows: The Food Trading Business reported revenue of $21 billion (2018: $20.02 billion). The Group highlighted that, “the Food Trading segment recorded improved revenue
Overseas Headlines- May 10, 2019
United States: U.S. Consumer Prices Trail Estimates, Testing Powell's View A key measure of U.S. consumer prices rose by less than expected in April on lower used-car and apparel costs, testing the Federal Reserve’s message that muted inflation will prove transitory while giving President Donald Trump more ammunition to argue for an interest-rate cut. The
Daily Market Summary – May 9, 2019
Daily Market Summary 09.05.19 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, or will be, directly
Trade in Shares: Lasco Financial Services Limited (LASF)
May 9, 2019 Lasco Financial Services Limited (LASF) has advised that a connected party purchased 85,910 LASF shares on March 15, 2019. Company Disclosure -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
Trade in Shares: Mayberry Investments Limited (MIL)
May 9, 2019 Mayberry Investments Limited (MIL) has advised that two connected parties purchased a total of 67,000 MIL shares on May 8, 2019. Company Disclosure -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,
Special Advisory: Jamaica Public Service Company Limited (JPS)
May 9, 2019 Jamaica Public Service Company Limited (JPS) has advised that following a breakdown in discussions at the Ministry of Labour and Social Security between the JPS and representatives of the Union of Clerical Administrative & Supervisory Employees, the Minister of Labour and Social Security referred the dispute to the Industrial Disputes Tribunal (IDT)
Special Advisory: Jamaica Broilers Group Limited (JBG)
May 9, 2019 Jamaica Broilers Group Limited (JBG) has advised that the Company has completed a Debt Purchase and Novation Agreement with the Bank of Nova Scotia Jamaica Limited (“the Bank”) and the West Indies Petroleum Terminal Limited (“WIPT”) under which: The Company sold and the Bank purchased WIPT’s outstanding current indebtedness to the Company
Gas Price Movement- May 09, 2019
Brent Oil Brent oil prices decreased by 1.33% or US$0.94, as prices decreased this week relative to the prior week. Oil traded on May 09, 2019 at a price of US$69.81 per barrel relative to US$70.75 on May 02, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased