Pan-Jamaica Investments Limited (PJAM) reports a 27% increase in Net Profit attributable to shareholders for FY2016, however there was a 9% decrease for the 4th quarter year over year
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Special Advisory: Kingston Properties Limited (KPREIT)
Kingston Properties Limited (KPREIT) has advised that their Board of Directors will be considering a stock split at its next meeting on March 31, 2017.
Special Advisory:AMG Packaging and Paper Company Limited (AMG)
AMG Packaging and Paper Company Limited (AMG) has announced the sub-division of the ordinary stock units of the Company, to take effect from the opening of trading on Friday, 10 March 2017.On that date, each ordinary stock unit will be sub-divided into five (5) stock units. This will not affect the overall market value of […]
Special Advisory:Caribbean Cement Company Limited (CCC)
Caribbean Cement Company Limited (CCC) has advised that for the purpose of providing clarity to stakeholders of CCC and to avoid incorrect reports, CCC hereby informs that on March 2, 2017, pursuant to Rule 411B of the Jamaica Stock Exchange Rules, Trinidad Cement Limited (TCL), the direct majority shareholder of CCC, submitted an application to […]
Special Advisory: Supreme Ventures Limited (SVL)
Supreme Ventures Limited (SVL) has advised that the deal with the Government of Jamaica for the acquisition of the operations of Caymanas Track Limited (CTL) was signed on February 10, 2017. SVL submitted its bid in September 2015 and was approved as the preferred bidder on March 15, 2016.SVL’s tenure as the new operators of […]
Special Advisory:Trinidad Cement Limited (TCL)
Trinidad Cement Limited (TCL) has advised that its Board of Directors passed a resolution on February 23, 2017, authorizing the Company to make an application to the Jamaica Stock Exchange (JSE) pursuant to Rule 411B to delist the Ordinary Shares of TCL from the Exchange. The Application will be made on March 2, 2017.The delisting […]
Overseas Headlines- March 06, 2017
U.S.: Futures slip after Trump’s wiretap accusationU.S. stock index futures slipped on Monday as President Donald Trump’s accusation that his predecessor, Barack Obama, wiretapped him cast a shadow on the market. Some investors believe that the latest development could distract Trump from his economic agenda of introducing tax cuts and simplifying regulations. The S&P 500 […]
Margaritaville (Turks) Limited (MTL) has 66% decline in profits year to date, a loss for the quarter
Margaritaville (Turks) Limited (MTL) has 66% decline in profits year to date, a loss for the quarter
Daily Recommendation- March 03, 2017
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Overseas Headlines- March 03, 2017
U.S.: Dollar retreats after bullish weekThe dollar stalled after two days of strong gains on Friday, with nerves around a speech by Federal Reserve chief Janet Yellen due later in the day adding to the handful of factors that have held back a broader rally this year. The greenback is up around 1 percent this […]