Monthly Archives: August 2011

Oil Prices Hit 9 Month Low. Did We Say More IPOs Ahead?

Here is the latest weekly digest (Jun 19th – Jun 25th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

U.S. crude-oil prices on Tuesday retreated into bear-market territory, defined as a drop of at least 20% from a recent peak, as the industry continues to be dogged by oversupply concerns. Continue Reading

Weekly Review

Main Event Now Reporting Profitable Results – Q2 2017

About 2 weeks ago Main Event Entertainment Group published their first financial results – year end results (for 12 months ended October 2016). Those results showed net profit of $56.5m for 2016 compared to $60.0m in 2015.

Now (less than 2 weeks later) they are reporting their six month results for the period up to April 2017 (of $74.9m). In those six months, they have seen a 16% increase in net profit, from to $64.4m to $74.9m (mainly driven by the Digital Signage segment, which saw revenues increasing by 32% or $13.5m). More to come.

Bulletin

Berger Paints Takeover Rumours Confirmed. Scotia Investments To Go Private

Here is the latest weekly digest (Jun 12th – Jun 18th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

After months of speculation, which drove significant interest in the stock, more than tripling the stock price, the news came on Friday that a controlling stake in Berger Paints Jamaica, Trinidad and a full takeover of Barbados are being executed by Trinidadian company Ansa McAl Group. Continue Reading

Weekly Review

New Stock Ratings & Analysis. Main Event Results Down

Here is the latest weekly digest (Jun 5th – Jun 11th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

This week we highlight a few stock picks (from local brokers). Sometimes deciding what and when to buy and sell can become a long drawn-out emotional process. Thankfully, with guidance, this process should be a lot easier. Plus, once you do your own analysis on each investment you will become more confident in your decisions. Continue Reading

Weekly Review

Cable Bahamas Listed. Marley Invests In ‘High Times’ Brand

Here is the latest weekly digest (May 25th – Jun 4th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

High Times, the magazine that has chronicled the transformation of marijuana use from an underground vice to a major American business, said on Thursday that it had been acquired by a group of investors that includes Damian Marley, son of the reggae star Bob Marley.’ This according to the New York Times.

The High Times is distinguishing itself as the definitive resource for all things cannabis, since 1974. Continue Reading

Weekly Review

Top 5 Stocks Of 2017 (So Far). Do You Own Any?

Top 5 stocks of 2017 (Jamaica stock exchange)

Here is the latest weekly digest (May 15th – May 21st, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

This week I realized, that if I held my ISP Finance shares, bought in the IPO, the J$50k I invested almost a year ago would have now been worth… drumroll… over J$850k today! That’s mind blowing – to see that growth in a year. But that’s just the start, they’re quite a few companies that have also seen phenomenal growth since the start of this year and this week I’m going to highlight the top 5. Continue Reading

Weekly Review

Market Momentum – Companies Report, Market Responds. Sandals Sale

Here is the latest weekly digest (May 8th – May 14th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

As predicted last week, this has been a big week for the market. Quite a few companies released results and we saw the related movements in the prices of a few stocks. I expect that we will continue to see movement in the prices as people digest the results and also as more results come out this week.

There were 12 stocks advancing more than 10% this week (compared to 7 last week). They were

  • PULS making a 53.04% jump,
  • KEX (up 22.6% after jumping 24.4% last week. The stock is now up 52.4% since the start of this year),
  • MTL (up 30.8%%),
  • ISP (by +30.1%),
  • CFF (by +27.9%),
  • CCC (by +18.1%),
  • 1834 (by +17.8%),
  • and others including BRG (+17.5%), JETCON (+14.11%), ROC and KREMI.

Continue Reading

Weekly Review

Big Week Ahead. Starbucks Hits MoBay & Digicel and TSTT Make Acquisitions

Here is the latest weekly digest (May 1st – May 7th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

We are now approaching one of the busiest times of the year for quarterly results. Over the next week or 2 a large number of companies should be reporting quarterly results for the quarter ended March 2017, and this should definitely have an impact on trading activity over the days that follow – as we get a glimpse into the performance of these companies. Continue Reading

Weekly Review