KPREIT shareholders vote in favour of 1:1 Stock Split

Mr Sinclair began the proceedings by welcoming us to this the 9th annual general meeting. He stated that “ KPREIT has now developed into a real estate investment trust with properties in Jamaica, United States and Cayman Islands.” Mr. Sinclair highlighted main performance indicators during the year such as the stock appreciation which increased by

KPREIT shareholders vote in favour of 1:1 Stock Split2017-06-10T17:05:49-05:00

CWJ reports a loss of $533 million for first quarter ended March 2017

For the first quarter ended March 31, 2017, Cable & Wireless Jamaica Limited (CWJ) reported revenue for increased by 10% to $6.38 billion relative to $5.81 billion in 2016. The CEO, Garfield Sinclair, attributed the increase to, “a 17% increase in Mobile revenues.” Additionally, he states that “This growth in our mobile business both in

CWJ reports a loss of $533 million for first quarter ended March 20172017-06-10T17:05:54-05:00

DCOVE reports 6% decline in net profits for the first quarter of 2017

Dolphin Cove Limited (DCOVE) reported total revenues of US$4.29 million, a 3% increase when compared to the US$4.15 million booked the year prior. Revenue from Dolphin Attraction contributed US$2.423 million to Total Revenue; this represents a 0.1% decline when compared to the US$2.421 million reported in 2016. Revenues from the Ancillary Services totaled US$1.86 million,

DCOVE reports 6% decline in net profits for the first quarter of 20172017-06-10T17:05:59-05:00

KEY Posts First Quarter Net Loss of $1.10 Million

First three months ended March 31, 2017 results Key Insurance Company Limited (KEY), reported a 61% increase in net premiums written from $123.35 million to $199.17 million. This was as a result of a 49% increase in gross premiums written from $198.58 million to $295.93 billion. Reinsurance cede for the first quarter increased 29% to

KEY Posts First Quarter Net Loss of $1.10 Million2017-06-10T17:06:01-05:00

JPS Special Advisory

Jamaica Public Service Company Limited (JPS) has advised that Kelly Tomblin’s contract as President & CEO will conclude in July 2017.

JPS Special Advisory2017-05-19T21:12:27-05:00

GENAC Board Resignation

General Accident Insurance Company Jamaica Limited (GENAC) has advised that Dr. Ralph Thompson has resigned as a Mentor and from the Board of Directors effective April 30, 2017.

GENAC Board Resignation2017-05-19T21:14:20-05:00

Daily Market Summary May 16,2017

Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this

Daily Market Summary May 16,20172017-05-17T14:45:18-05:00