138SL targets sustained profitability for FY2020
February 27, 2020 The Chairman, Ian Pasard, stated that "The financial year 2019 was a turnaround year for 138SL, the key items focused on were: full execution of the concession agreements with our key partner, the University of the West Indies, improved operational efficiency, management of the bad debt collections and growing portfolio in short term rentals.” For the financial year 2019, revenue experienced a 30% increase from $780.74 million in FY2018 to $1.01 billion. Whilst net profit amounted to $22.97 million relative to a loss of $16.25 million. Notably, Mr. Ian Pasard stated “that the main drivers to the
Special Advisory: PanJam Investments Limited (PJAM)
Date: February 27, 2020 PanJam Investments Limited (PJAM) has advised that the audited accounts of the Company for the year ended 31 December 2019 will not be released on the due date of 29 February 2020. PJAM further advised that the company is expected to release the accounts on or before 11 March 2020. The company will be posting a notice to that effect in the daily newspaper. PJAM has also advised that the Board of Directors Meeting of the Company originally scheduled for 27 February 2020 and 3 March 2020 have been rescheduled. Both meetings will now be held
Dividend Declaration: Dolphin Cove Limited (DCOVE)
Date: February 27, 2020 Dolphin Cove Limited (DCOVE) has advised that at the Board meeting held on Monday 24 February 2020, it was resolved that an interim dividend of 30 cents per share be paid on Monday 30 March 2020 to shareholders on record as at Friday 13 March 2020. The ex-dividend date is March 12, 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 research analyst (s) also certify that no part