Trade Sheet: Friday October 14, 2022
AMG books 77% increase in profit for year ended August 2022
October 14, 2022 AMG Packaging & Paper Company Limited (AMG) Unaudited Financials for the year ended August 31, 2022: AMG Packaging & Paper Company Limited (AMG) for the year ended August 31, 2022 reported a 41% increase in revenue to $995.70 million (2021: $705.91 million). Revenue for the quarter increased by 31% to $257.32
KEX books 645% increase in profitability for three months ended August 2022
October 14, 2022 Knutsford Express Services Limited (KEX), for the three months ended August 31, 2022 reported total revenue of $415.09 million, a 79% increase when compared with the $232.56 million reported for the same period in 2021. Management noted that this was due in large part to strong customer demand for passenger travel as well
PTL reports first quarter net profit of $83.91 million
October 14, 2022 Paramount Trading (Jamaica) Limited, for the three months ended August 31, 2022, recorded an increase of 61% in total revenues to $595.17 million from $369.32 million reported in 2021. Paramount noted, “This surpasses by 28 percent the previous highest quarter (Q3:21/22) in the Company’s history. During the period, revenue growth strategies employed
Overseas Headlines – October 14, 2022
October 14, 2022 United States: Fed Is Set to Target Even Higher Rates as Inflation Stays Stubborn Federal Reserve officials are likely to once again raise their outlook for how high they’ll have to lift interest rates following the latest bout of bad inflation news. Several Fed policymakers have said they want to see
Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for October 12, 2022
October 13, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for October 12, 2022, was J$15.69. MJE’s last traded price on October 12, 2022 was $13.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
Fitch revises the UK outlook from “stable” to “negative.”
October 13, 2022 Fitch Ratings reduced its credit rating outlook for British government debt to “negative” from “stable”, following the government’s fiscal statement on September 23, 2022. They warned that the sizeable and unfunded fiscal package outlined as part of the new government's growth strategy may result in a material increase in fiscal deficits
Daily Market Summary – October 13, 2022
October 13, 2022 Mayberry Market Summary - 13.10.2022 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 report. Each research analyst (s) also certify that no part of their compensation was,
Trade In Shares: Eppley Caribbean Property Fund Limited SCC (CPFV)
October 13, 2022 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised of the purchase of 5,709 CPFV shares during the period October 3 to 7, 2022, 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 Limited Research
Special Advisory: 1834 Investments Limited (1834)
October 13, 2022 1834 Investment Limited (1834) has advised that trading in 1834 shares on the Jamaica Stock Exchange will be suspended effective October 25, 2022 (note the final day of trading will be October 24, 2022). The Company has further advised that suspension in trading will facilitate the processing of shareholder payment elections