Daily Market Summary February 21, 2018
Daily Market Summary 21.2.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
Trade In Shares: JMMB Group Limited (JMMBGL)
February 21, 2018 JMMB Group Limited (JMMBGL) has advised that a connected party sold 3,000,000 JMMBGL shares on February 19, 2018.
SALF looks to drive profit through efficiency and export
February 21, 2018 Salada Foods Limited (SALF) Annual General Meeting (AGM), was held today February 21, 2018 at the company’s premises, with a tour of its plant. Chairman, Patrick Williams, reiterated salada’s strategy of becoming more efficient by fully utilizing the excess capacity of it plant which he said is over sixty years. However, the company has no plans of a complete overhaul of its plant. Instead, Willilams plans to add new technology to the firm’s current operations if needed. Salada for the last financial year was able to increase its total assets turnover ratio from 0.81 ( 2016) to