Date: January 15, 2020 Portland JSX Limited (PJX), for the nine months ended November 30, 2019, net gain on financial assets classified as at fair value through profit and loss amounted to US$1.94 million compared to a loss of US$551,463 in 2018. PJX recorded net gain on financial assets classified as at fair value through
January 15, 2020 Wigton Windfarm Limited (WIG) has advised of the appointment of Ernst & Young Services Limited to conduct internal audit services over a three-year period with effect from January 13, 2020. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be
January 15, 2020 Pulse Investments Limited (PULS) has advised of changes to its advisory of December 31, 2019 regarding 2 resolutions to be considered, and if thought fit, passed at its Annual General Meeting scheduled for February 18, 2020. Resolution 2 which states “That the Directors of the Company be authorized to determine the terms
January 15, 2020 NCB Financial Group Limited (NCBFG) has advised that through its wholly owned subsidiaries, National Commercial Bank Jamaica Limited (NCBJ) and NCB Capital Markets Limited (NCBCM), continues its digital penetration strategy via enhancements to NCBCM’s GoIPO platform – an online resource that facilitates the electronic processing of initial public offer applications to make
January 15, 2020 Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2019 reported that revenues increased by 8% for the period to US$3.86 million (2018: US$3.56 million). The second quarter’s revenue totalled US$1.83 million (2018: US$1.74 million), a 5% increase. For the six months, Management stated that revenue, “was earned from the
January 15, 2020 Express Catering Limited (ECL) for the six months ended November 30, 2019 reported a 9% increase in revenue to US$7.81 million (2018: US$7.18 million). Revenue for the quarter advanced 5% to close at $3.28 million relative to $3.12 million reported the previous year. According to Management, “This is quite favourable, with the
January 15, 2020 United States: Housing Upswing to Cushion U.S. Economy From Sluggish Investment “A rejuvenated U.S. housing market will help keep the economy chugging along despite the threat posed by a derailment in corporate spending. Home construction outlays, which account for almost 4% of gross domestic product, increased for a fifth straight month in November, marking
January 14, 2020 Paramount Trading (Jamaica) Limited for the six months ended November 30, 2019 recorded a slight 3% decrease in total revenues to $768.22 million from $795.54 million reported in 2018. For the quarter, revenues rose 8% to close at $407.64 million (2018: $378.46 million). Direct expenses closed the period at $537.09 million relatively
January 14, 2020 Caribbean Cream Limited (KREMI) for nine months ended November 30, 2019 reported an 8% increase to total $1.24 billion compared to $1.15 billion in the corresponding period last year. Revenue for the third quarter rose 14% to close at $395.48 million compared to $348.24 million for the comparable quarter of 2018. Costs
Date: January 14, 2020 Access Financial Services Limited (AFS) has advised that at a Board of Directors’ meeting scheduled to be held on January 29, 2020, a dividend payment to ordinary shareholders of the Company will be considered. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
