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14 01, 2020

AMG reports a 10% decline in the first quarter net profits

2020-01-14T13:48:24-05:00

January 14, 2020 AMG Packaging Paper Company Limited (AMG), for the three months ended November 30, 2019,  recorded Turnover in the amount of $191.60 million, a decline of 10% when compared to $213.92 million booked the previous year’s corresponding quarter. Cost of Inventories totalled $108.80 million, a decrease of 16% relative to $130.18 million booked

14 01, 2020

KEX reports a 46% decline in six months net profits

2020-01-14T13:43:27-05:00

January 14, 2020 Knutsford Express Services Limited (KEX), for the first six months ended November 30, 2019,  reported total revenue of $607.19 million, a 9% or $52.09 million increase when compared with the $555.11 million reported for the same period in 2018. For the second quarter, revenues increased by 8% to close the period at

14 01, 2020

Overseas Headlines- January 14, 2020

2020-01-14T09:14:49-05:00

January 14, 2020 United States: Trump Trade Deal Raises Issue of Trusting China to Deliver "After three years of tweets and tariffs, President Donald Trump has arrived at his China moment. The phase-one deal to be signed Wednesday is expected to include China’s commitments to respect American intellectual property and not manipulate its currency. U.S.

13 01, 2020

Special Advisory: Sweet River Abattoir & Supplies Company Limited (SRA)

2020-01-13T15:14:05-05:00

Date: January 13, 2020 Sweet River Abattoir & Supplies Company Limited (SRA) has advised of the following disclosure: “1.   Auction of SRA facility on November 26, 2019 As was carried in the media, the SRA facility was auctioned on November 26, 2019. The Board of Directors and major investors have major concerns as to certain

13 01, 2020

Trade in Shares: Jetcon Corporation Limited (JETCON)

2020-01-13T15:13:05-05:00

Date: January 13, 2020 Jetcon Corporation Limited (JETCON) has advised that a connected party purchased 172,000 JETCON shares on January 6, 2020.   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

13 01, 2020

Board Appointment: Jamaica Stock Exchange (JSE)

2020-01-13T15:12:01-05:00

Date: January 13, 2020 Jamaica Stock Exchange (JSE) has advised that, at a Special Board Meeting of the Company held on January 10, 2020, Mr. Julian Mair was appointed Chairman of the Board of the JSE. Mr. Livingstone Morrison remains the Deputy Chairman of the Board of the JSE. The JSE has further advised that,

13 01, 2020

U.S. Real GDP in the 3rd Quarter 2019 increased for 49 states

2020-01-13T13:44:00-05:00

January 13, 2020 Real GDP in the third quarter of 2019 increased for 49 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent change in real GDP in the third quarter ranged from 4.0% in Texas to 0.0% in Delaware.” The leading contributors to growth in real

13 01, 2020

KLE Group Limited (KLE) Acquires Full Ownership of All Local Usain Bolt’s Tracks and Records Locations

2020-01-13T09:25:10-05:00

January 13, 2020  KLE Group, franchisers of the world renowned international fast-casual dining restaurant, Usain Bolt’s Tracks & Records, has recently acquired full ownership of all its local franchises across Jamaica. The most recent acquisition is of the Montego Bay franchise which was owned by prominent Hotelier and Businessman, Christopher Issa. The acquisition came after

13 01, 2020

Featured Stock: MEEG

2020-01-13T09:02:02-05:00

January 13, 2020 Weekly Picks 13.01.20 MEEG 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, or will be,

13 01, 2020

Overseas Headlines- January 13, 2020

2020-01-13T08:54:14-05:00

United States: Trump’s Impeachment Trial Gives Upper Hand to McConnell, GOP “Democrats set the rules for their impeachment of Donald Trump, but once House Speaker Nancy Pelosi kicks the process over to the Senate for a trial the advantage and leverage will be with the president and Republicans. Three years of political and legal drama,

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