News Review: Barita Makes Management Changes, PriceSmart Portmore Opens, AMG & KEX Report Results – Apr 14, 2022

Barita Investments Limited (BIL) – Management Changes

Key Takeaway: Dane Brodber now interim CEO, Stephen Phillibert now in charge of operations, Ramon Small-Ferguson now EVP, and Paula Barclay has resigned

BIL

WTD +0.01% YTD +20.14%

Wigton Windfarm Limited (WIG) – Disclosure

Key Takeaway: Wigton Windfarm Limited (“Wigton”) has advised that it has entered into two (2) joint venture agreements with IEC SPEI Limited (“IEC”). EC currently has an active pipeline of green energy projects in Jamaica, and it is anticipated that Wigton will participate in some of these projects.

WIG

WTD +0.01% YTD -26.67%

AMG Packaging & Paper Company Limited (AMG) Unaudited Financial Statements for the 2nd Quarter Ended February 28, 2022

Key Takeaway: Sales up 44%. Net Income Up 175%

AMG

WTD +2.21% YTD +39.24%

Knutsford Express Services Limited (KEX) Unaudited Financial Statements for the Third Quarter Ended February 28, 2022

Key Takeaway: Sales up 63% YoY and company is reporting profits this quarter of $37m vs -$1.6m loss last year

KEX

WTD +4.71% YTD +21.78%

No plans to scale back on branches despite digital thrust —CIBC

Key Takeaway: They have 13 branches currently

What is Pricesmart’s Impact on Smaller Businesses? | TVJ News – April 13 2022

Portmore Municipality Explores Alternative Parking to Reduce Traffic Build-Up Near PriceSmart

EPOC Cautiously Optimistic Jamaica Will Meet Economic Targets This Financial Year

Winston Conolly a partner of ESG-focused law firm coming to Cayman

New Starbucks for Guyana and Trinidad & Tobago

Pricesmart Portmore opens today

Competitors, mayor embrace PriceSmart Portmore

Massy opens its largest T&T supermarket – Trinidad & Tobago Express Newspapers

WTD +1.27% YTD +72.16%