Special Advisory: • GraceKennedy Limited (GK)
Date: March 05, 2020 GraceKennedy Limited (GK) has advised that, pursuant to the terms of the GK 2009 Stock Option Plan for Directors, Managers and Employees, and as part of the Long Term Incentive Scheme for the employees of the Company, 3,786,693 GK shares were approved by the Board of Directors of GK on February 27, 2020 for twenty-nine (29) Senior Management Officers. 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
Dividend Consideration: FirstRock Capital Holdings Limited (FIRSTROCK)
Date: March 05, 2020 FirstRock Capital Holdings Limited (FIRSTROCK) has advised that at a Board of Directors’ meeting scheduled to be held on March 12, 2020, interim dividend payments to shareholders of the Company will be considered. 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 or indirectly, related to the specific recommendation (s) or view (s) expressed
Gas Price Movement-March 5, 2020
March 5, 2020 Brent Oil Brent oil prices decreased by 14.21% or US$8.27, as prices fell this week relative to the prior week. Oil traded on March 05, 2020 at a price of US$49.91 per barrel relative to US$58.18 on February 27, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices increased this week by 2.31% (JMD$3.02). Additionally, 90 Octane increased by 2.26% or (JMD$3.02) this week. 87 Octane and 90 Octane opened the year 2020 at J$127.27 and J$130.11 respectively and now trades at J$127.77 and J$130.61 per litre respectively. Figure 1: Petrojam,