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

Daily Market Summary – July 29, 2022

July 29, 2022 Mayberry Market Summary -29.7.2022   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,

Daily Market Summary – July 29, 20222022-07-29T15:50:00-05:00

Board Resignation: ISP Finance Services Limited (ISP)

July 29, 2022   ISP Finance Services Limited (ISP) has advised that Mrs. Rosemary E. Thwaites has tendered her resignation effective July 25, 2022. ISP has further advised that Mrs. Thwaites, who was a member of the Audit Committee and the Remuneration Committee, resigned due to personal obligations and commitments.   Disclaimer: Analyst Certification - The views

Board Resignation: ISP Finance Services Limited (ISP)2022-07-29T14:58:03-05:00

Board Resignation: Sagicor Real Estate X Fund Limited (XFUND)

July 29, 2022   Sagicor Real Estate X Fund Limited (XFUND) has advised that consequent on Mr. Christopher Zacca’s resignation as Board Chairman, the Board has appointed Mr. Vinay Walia as Board Chairman with effect from August 1, 2022. Mr. Zacca will however continue to serve as a member of the Board. The Board has also approved

Board Resignation: Sagicor Real Estate X Fund Limited (XFUND)2022-07-29T14:54:55-05:00

Board Appointment: GraceKennedy Limited (GK)

July 29, 2022   GraceKennedy Limited (GK) has advised of the appointment of Mrs. Vanessa Rizzioli to the Board and as a member of the Corporate Governance & Nomination Committee effective July 28, 2022.   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited

Board Appointment: GraceKennedy Limited (GK)2022-07-29T14:55:40-05:00

Overseas Headlines – July 29, 2022

July 29, 2022   United States: JetBlue’s $3.8 Billion Spirit Deal Faces Tricky Antitrust Review JetBlue Airways Corp. already overcame one adversary in its battle to acquire Spirit Airlines Inc. Now it faces an even bigger fight. The $3.8 billion merger must undergo a rigorous antitrust review that analysts say could lead to significant divestitures

Overseas Headlines – July 29, 20222022-07-29T09:35:54-05:00

CCC reports 36% increase in nine months net profit

October 31, 2022 Caribbean Cement Company Limited's (CCC's) total revenue for the nine months ended September 30, 2022 grew by 11% amounting to $19.68 billion, up from $17.80 billion reported a year ago.  For the quarter, revenues amounted to $6.17 billion (2021: $5.49 billion). Cost of Sales closed the period under review at $10.84 billion

CCC reports 36% increase in nine months net profit2022-10-31T16:59:39-05:00

GK reports 15% increase in revenues for the six months ended June 2022

July 28, 2022 Grace Kennedy Limited (GK), for the six months ended June 30, 2022, recorded revenue of $72.59 billion for period (2021: $63.35 billion), a year over year increase of 15%. Revenue for the second quarter of 2022 improved 14% to $36.33 billion (2021: $31.96 billion). The biggest contributor to the group’s overall revenue

GK reports 15% increase in revenues for the six months ended June 20222022-07-28T21:04:53-05:00

CABROKERS reports six-month net profit of $4.45 million

July 28, 2022 Caribbean Assurance Brokers (CABROKERS) revenue for the six months ended June-30-2022 increased by 18% to $178.32 million (2021: $151.29 million). Revenue for the quarter increased by 15% to $87.72 million (2021: $76.21 million). Management noted that “the International, Individual Life, General and Employee Benefits Divisions all saw increases of 40%, 21%, 17%

CABROKERS reports six-month net profit of $4.45 million2022-07-28T20:44:03-05:00