February 13, 2020 Salada Foods Jamaica Limited (SALF), for the quarter ended December 31, 2019, recorded a 67% increase in turnover to $288.46 million (2018: $172.34 million). The company stated that, “Revenue improvements were attributed to increased sales in both domestic and export markets.” Cost of sales for the period increased by 61% to close the
Date: February 13, 2020 Scotia Group Jamaica Limited (SGJ) has advised that on February 7, 2020, a Director sold 10,309 SGJ shares held under the Employee Share Ownership Plan (ESOP) of the Company. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
Date: February 13, 2020 AMG Packaging & Paper Company Limited (AMG) has advised that Mr. Duke Holness and Mr. Bevon Francis, Directors of the Company, were appointed members of the Corporate Governance Committee on January 7, 2020 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
Date: February 13, 2020 NCB Financial Group Limited (NCBFG) has advised that Ms. Tracy-Ann Spence has been promoted to Chief Operating Officer for its subsidiary, NCB Capital Markets Limited, effective February 11, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
Date: February 13, 2020 Caribbean Producers Jamaica Limited (CPJ) has advised that effective February 10, 2020, David Lowe, PhD, has tendered his resignation as a member of the Board of Directors of the Company. CPJ has also advised that Mrs. Candace Hart was appointed a Director of the Board in a resolution passed at a
Date: February 13, 2020 Sagicor Group Jamaica Limited (SJ) has advised that effective February 5, 2020, Mrs. Danielle Davidson, AVP Enterprise Risk Management & Group Compliance, demitted office and Mrs. Caren Scott-Dixon will join the group to head this Unit with effect from February 6, 2020. SJ has also advised that Mrs. Scott-Dixon will operate
Date: February 13, 2020 Paramount Trading (Jamaica) Limited (PTL) has advised that the Company has executed a contract manufacturing and private labelling services agreement with Future Energy Source Company Limited (FESCO) for its line of lubricant products. This contract will value at approximately $216 million. Analyst Certification -The views expressed in this research report accurately
Date: February 13, 2020 Carreras Limited (CAR) has declared an interim dividend of $0.15 per stock unit to be paid out of accumulated profits on March 12, 2020 to shareholders on record as at February 27, 2020. The ex-dividend date will be February 25, 2020. Analyst Certification -The views expressed in this research report accurately
February 13, 2020 Brent Oil Brent oil prices increased by 2.55% or US$1.40, as prices fell this week relative to the prior week. Oil traded on February 13, 2020 at a price of US$56.33 per barrel relative to US$54.93 on January 30, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
February 13, 2020 Medical Disposables & Supplies Limited, for the nine months ended December 2019 reported Revenue amounting $1.73 billion, an increase of 9%, relative to $1.58 billion booked the previous year. For the third quarter revenues totalled $603.36 million up 12% year over year (2018: $538.67 million). MDS noted, “This improved performance was influenced by
