Dividend Consideration: Access Financial Services Limited (AFS)
Date: January 14, 2020 Access Financial Services Limited (AFS) has advised that at a Board of Directors’ meeting scheduled to be held on January 29, 2020, a dividend payment to ordinary 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 by that
Dividend Consideration: Proven Investments Limited (PROVEN)
Date: January 14, 2020 Proven Investments Limited (PROVEN) has advised that at a Board of Directors’ meeting scheduled to be held on February 7, 2020, a dividend payment to ordinary 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 by that research
AMG reports a 10% decline in the first quarter net profits
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 in the prior year’s corresponding quarter. Direct Expenses declined year over year by 7% to $33.55 million (2018: $36.08 million). Thus, Total Manufacturing Costs for the first quarter amounted to $142.35 million, 14% less than the $166.26 million reported for the first quarter of 2018.