Overseas Headlines – January 17, 2023

January 17, 2023   United States: Stocks Slide as Big Banks Herald Earnings Jitters: Markets Wrap US stock-index futures fell amid signs central banks will turn more hawkish and as Wall Street banks from Goldman Sachs Group Inc. to Morgan Stanley posted disappointing results. Contracts on the S&P 500 and Nasdaq 100 indexes slipped at

Overseas Headlines – January 17, 20232023-01-17T08:53:48-05:00

SRF reports three-month net loss of $172.50 million

January 16, 2023   Sygnus Real Estate Finance Ltd. for the first quarter ended November 30, 2022, reported a 65% increase in interest income to $33.84 million (2021: $20.54 million). Interest expense also increase 65% to $62 million (2021: $37.56 million). SRF noted, “the Group continued to unlock value from its major real estate investment assets

SRF reports three-month net loss of $172.50 million2023-01-20T13:03:25-05:00

Daily Market Summary – January 16, 2023

January 16, 2023 Mayberry Market Summary - 16.01.2023   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 part of their compensation was,

Daily Market Summary – January 16, 20232023-01-16T16:04:08-05:00

Trade In Shares: Kingston Wharves Limited (KW)

January 16, 2023   Kingston Wharves Limited (KW) has advised that a connected party sold a total of 133,843 KW shares on January 9, 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

Trade In Shares: Kingston Wharves Limited (KW)2023-01-16T15:17:06-05:00

Trade In Shares: Eppley Caribbean Property Fund Limited SCC (CPFV)

January 16, 2023   Eppley Caribbean Property Fund Limited SCC (CPFV) has advised of the purchase of 6,066 CPFV shares during the period January 3 to 6, 2023, under the Company’s Value Fund – Share Buy-Back Programme.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments

Trade In Shares: Eppley Caribbean Property Fund Limited SCC (CPFV)2023-01-16T15:15:00-05:00

Special Advisory: Honey Bun (1982) Limited (HONBUN)

January 16, 2023   Honey Bun (1982) Limited (HONBUN) has advised that a Board meeting will be held on January 20, 2023, to consider the payment of dividends.   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

Special Advisory: Honey Bun (1982) Limited (HONBUN)2023-01-16T15:13:28-05:00

Special Advisory: Seprod Limited (SEP)

January 16, 2023   Seprod Limited (SEP) has announced the appointment of Mr. Ron Schindler to the Board effective December 19, 2022.   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

Special Advisory: Seprod Limited (SEP)2023-01-16T15:11:56-05:00

PTL reports 213% increase in six-month net profit

January 13, 2023   Paramount Trading (Jamaica) Limited recorded a 55% increase in total revenues to $1.20 billion from $770.49 million reported in 2021. For the quarter, revenues rose 50% to close at $600.99 million (2021: $401.18 million). PTL stated that, “During the period, revenue growth strategies employed by the Company resulted in an improvement

PTL reports 213% increase in six-month net profit2023-01-16T12:18:47-05:00

KREMI reports 70% decline in nine months net profit

January 16, 2023 Caribbean Cream Ltd. (KREMI) Financials for the nine months ended November 30, 2022: Caribbean Cream Ltd. (KREMI) for nine months ended November 30, 2022 reported a 19% increase in revenue totalling $1.83 billion compared to $1.54 billion in the corresponding period last year. Revenue for the second quarter rose 15% to close at

KREMI reports 70% decline in nine months net profit2023-01-16T12:01:54-05:00