LAB reports 84% decline in six months net profit

June 15, 2023 The Limners and Bards Limited (LAB) for the six months ended April 30, 2023, reported a 31% decrease in revenue totaling $539.15 million compared to $781.70 million in the corresponding period last year. Revenue for the second quarter had a 14% decrease to close at $291.39 million compared to $338.22 million for

LAB reports 84% decline in six months net profit2023-06-15T15:27:04-05:00

Dividend Consideration: Access Financial Services Limited (AFS)

June 15, 2023   Access Financial Services Limited (AFS) has advised that at a Board of Directors’ meeting scheduled for June 27, 2023, a dividend payment to ordinary shareholders of the Company will be considered.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research

Dividend Consideration: Access Financial Services Limited (AFS)2023-06-15T14:48:41-05:00

Special Advisory: Paramount Trading (Jamaica) Limited (PTL)

June 15, 2023   Paramount Trading (Jamaica) Limited (PTL) has advised of the departure of Ms. Shantel Walters as Legal Officer effective May 31, 2023. PTL has also advised of the appointment of Mr. Demetrie Adams, Attorney-at-Law to the position of Legal Officer effective June 1, 2023.   Disclaimer: Analyst Certification -The views expressed in this

Special Advisory: Paramount Trading (Jamaica) Limited (PTL)2023-06-15T14:47:05-05:00

CAC reports six months net loss of $45.27 million

June 15, 2023 CAC 2000 Limited (CAC) for the six months ended April 30, 2023 reported a 28% decrease in revenue totaling $386.51 million compared to $535.66 million in the corresponding period last year. Revenue for the second quarter had a 17% decrease to close at $258.61 million compared to $313.42 million for the comparable

CAC reports six months net loss of $45.27 million2023-06-15T14:28:26-05:00

Indies reports 23% decline in six months net profit

June 15, 2023 Indies Pharma Jamaica Limited (INDIES) for the six months ended April 30, 2023 reported a 5% increase in revenue totaling $487.16 million compared to $462.88 million in the corresponding period last year. Revenue for the second quarter had an 8% increase to close at $231.52 million compared to $250.58 million for the

Indies reports 23% decline in six months net profit2023-06-15T14:26:09-05:00

MEEG reports six-month net profit of $192.38 million

June 15, 2023   Main Event Entertainment Group Limited (MEEG) for the six months ended April 30, 2023: Revenue increased 135% to $1.16 billion (2022: $492.54 million). For the quarter, revenue increased 83% to $531.89 million (2022: $290.82 million). Management noted that this was achieved through strong growth in MEEG’s core business activities. Cost of

MEEG reports six-month net profit of $192.38 million2023-06-15T13:15:36-05:00

Gas Price Movement – June 15, 2023

June 15, 2023   Gas Price Movement - June 15, 2023   Disclaimer: 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

Gas Price Movement – June 15, 20232023-06-15T11:18:22-05:00

ECB Hikes Key Interest Rates by 25 basis points

June 15, 2023 Effective June 15, 2023, the Governing Council took the decision to raise the three key interest rates set by the European Central Bank (ECB) by 25 basis points. As a result, starting on June 21, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility

ECB Hikes Key Interest Rates by 25 basis points2023-06-15T10:07:08-05:00

Overseas Headlines – June 15, 2023

June 15, 2023   United States: Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession. Policy-sensitive front-end Treasuries led a selloff Thursday, while longer-date bonds lagged, a day after Fed officials indicated that

Overseas Headlines – June 15, 20232023-06-15T08:56:27-05:00