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1 04, 2019

Daily Market Summary – April 01, 2019

2019-04-01T22:36:33-05:00

Daily Market Summary 01.04.19 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, directly

1 04, 2019

EFRESH reports 56% decline in year end net profits

2019-04-01T20:01:20-05:00

Date: April 1, 2019 Everything Fresh Limited (EFRESH), audited results for the year ended December 31, 2018 reported that Revenue grew by 4% for the period amounting to $1.88 billion, up from $1.81 billion reported a year ago. For the fourth quarter, revenues totaled of $488.68 million, a 10% increase when compared to last period’s

1 04, 2019

Special Advisory: NCB Financial Group Limited (NCBFG)

2019-04-01T19:32:48-05:00

Date: April 1, 2019 NCB Financial Group Limited (NCBFG) has advised that on March 20, 2019, a total of 15,255 NCBFG shares were transferred to Executive Officers of NCBFG subsidiaries as a result of the winding-up of the NCB Employees Share Scheme. On April 1, 2019, NCBFG provided additional updates on the status of the

1 04, 2019

ISP reports 13% decline in year end net profit

2019-04-01T16:56:14-05:00

Date: April 1, 2019 ISP Finance Services Limited (ISP), audited results for the year ended December 31, 2018 reported total interest income amounted to $306.57 million compared to $288.74 million in 2017, an increase of 6%. For the quarter, total interest income amounted to $92.70 million (2017: $78.49 million). Total income is broken down as follows:

1 04, 2019

SML reports 134% increase in year end net profit

2019-04-01T16:32:45-05:00

Date: April 01, 2019 Stanley Motta Limited (SML) for the year ended December 31, 2018, booked a 273% increase in revenue to total $269.76 million compared to $72.26 million for the same period in 2017. For the quarter, revenue increased 231% to $97.56 million in 2018 compared to $29.52 million the previous year. SML indicated

1 04, 2019

PBS reports year end profit of US$134,000

2019-04-01T16:26:44-05:00

Date: April 01, 2019 Productive Business Solutions Limited (PBS) reported an increase in revenues from US$171.91 million in 2017 to US$179.29 million in 2018, an 4% increase. For the quarter, revenues increased 11% to total US$51.59 million relative to US$46.36 million the prior quarter. Direct expenses increased 6% to close the period at US$104.23 million

1 04, 2019

EPLY reports 74% increase in year end net profits

2019-04-01T15:54:38-05:00

Date: April 1, 2019 Eppley Limited (EPLY), audited results for the year ended December 31, 2018 reported interest income of $319.19 million a 22% or $57.78 million increase when compared $261.41 million recorded for the corresponding period in 2017. Total interest income for the quarter amounted to $84.77 million a 20% increase when compared to the

1 04, 2019

IronRock reports year end net profit of $2.77 million

2019-04-01T15:35:35-05:00

Date: April 1, 2019 IronRock Insurance Company Limited (ROC), audited results for the year ended December 31, 2018 posted gross premium of $571.84 million relative $424.46 million; this represents a 35% increase. Change in gross provision for unearned premiums amounted to $42.11 million compared to $142.65 million in 2017. As a result, gross insurance premium revenue

1 04, 2019

Overseas Headlines- April 1, 2019

2019-04-01T13:38:46-05:00

United States: Fed's Quarles Says Interest Rate Increases May Yet Be Needed Federal Reserve Vice Chairman for Supervision Randal Quarles said he’s still upbeat about the U.S. economy and expects additional interest-rate increases may be necessary “at some point.” Quarles said he supported the Fed’s recent decision to put additional moves on hold following four

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