Dividend Declaration: Grace Kennedy Limited (GK)

August 2, 2022   GraceKennedy Limited (GK) has declared an interim dividend of 48 cents ($0.48) per stock unit payable on September 23, 2022 to stockholders on record as at September 2, 2022. The ex-dividend date is September 1, 2022.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal

Dividend Declaration: Grace Kennedy Limited (GK)2022-08-02T15:27:03-05:00

Higher oil prices could affect euro area potential output

August 2, 2022 According to the assumptions used in the June 2022 Eurosystem staff macroeconomic estimates, oil prices in US dollars are anticipated to increase by almost 40% between 2022 and 2024 from their pre-COVID levels (2017-19). The rise in oil prices since 2019 is less dramatic, measured in percentage terms, than the shocks of

Higher oil prices could affect euro area potential output2022-08-02T13:32:44-05:00

VMIL reports six months net profit of $250.71 million

August 2, 2022 In Q2 of FY22, Victoria Mutual Investments (VMIL) reported Interest Income of $363.88 million, a 32% increase relative to the $274.90 million recorded for the corresponding period in 2021. Interest Income for the six months amounted to $699.14 million, a 31% increase relative to the $532.02 million recorded in 2021. During the

VMIL reports six months net profit of $250.71 million2022-08-02T12:54:49-05:00

JSE reports 47% increase in six months net profit

August 2, 2022 Jamaica Stock Exchange Group (JSE) for the six months ended June 30, 2022 recorded total revenue of $1.13 billion, a 33% increase when compared to the $851.94 million booked the prior comparable quarter, management noted, "The increase can be attributed to improved market conditions and market activities which has resulted in the

JSE reports 47% increase in six months net profit2022-08-02T12:50:51-05:00

Overseas Headlines – August 2, 2022

August 2, 2022   United States: US Stocks Slip as China Tension Boosts Havens: Markets Wrap American stocks slipped for a second day, while the yen advanced as financial markets remained on edge amid heightened tensions between the US and China. The S&P 500 retreated with equities in Europe and Asia as US House Speaker

Overseas Headlines – August 2, 20222022-08-02T10:15:42-05:00

Featured Stock- LASF

August 2, 2022 Weekly Picks 02.08.2022 LASF 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, is,

Featured Stock- LASF2022-08-02T09:00:49-05:00

FirstRock reports 280% increase in six months net profit

July 29, 2022   FIRSTROCK Real Estate Investment Group (FIRSTROCK)  For the six months ended June 30, 2022: FirstRock Real Estate Investment Group (FIRSTROCK), for the six months ended June 30, 2022, recorded total investment income of US$3.02 million compared to US$989,441 booked for the corresponding period. Of this, Rental income amounted to US$340,906 (2021: US$170,007). Realised and unrealised gain on investment properties totalled US$5.18 million versus the gain of US$1.5

FirstRock reports 280% increase in six months net profit2022-07-29T17:48:19-05:00

JAMT reports nine months net profit attributable to shareholders of $186.32 million

July 29, 2022   For the nine months ended June 30, 2022 Jamaican Teas Limited (JAMT) reported a 4% increase in revenues to total $1.82 billion (2021: $1.75 billion). For the quarter, revenues amounted to $648.57 million a 22% increase when compared to $530.71 million in the previous corresponding period. According to management the increase

JAMT reports nine months net profit attributable to shareholders of $186.32 million2022-07-29T16:41:56-05:00

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for July 28, 2022

July 29, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 28, 2022, was J$16.95. MJE’s last traded price on July 28, 2022, was $15.00. The below graph shows MJE’s Net Asset Value movement since 2019.   Disclaimer: Analyst Certification -The views expressed in this research report accurately

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for July 28, 20222022-07-29T16:13:17-05:00