Portland JSX Limited (JSE:PJX)

Wondering if now is a better time to get in?
#PJX

Private equity outfit Portland JSX Limited has wrapped up its investing phase, having taken positions in ten companies. The fund is now in its operational cycle, where it will focus on driving value from its investments, says Managing Partner of... »» View story

   • 5 years ago  • 10

If I was getting consistent dividends from #PJX then I would hold.

Private equity outfit Portland JSX Limited has wrapped up its investing phase, having taken positions in ten companies. The fund is now in its operational cycle, where it will focus on driving value from its investments, says Managing Partner of... »» View story

   • 5 years ago  • 10

I just noticed this while reading through the notes. I'm just making a mental note here... Old news.

On July 22, 2019, the Company (#PJX) entered into a loan agreement with Victoria Mutual Investments Limited #VMIL for a 5 year term loan... read more facility of J$520,000,000 (US$3,823,600). Interest is charged at 9.5% and is payable quarterly from the date of disbursement

Portland JSX Ltd November 2019 Results Portland JSX Ltd Top 10 Sharebook November 2019 Portland JSX Ltd Directors and Managers Shareholding November 2019 The post Portland JSX Limited (PJX) Audited Financial Statements for the Third Quarter Ended November 30, 2019 appeared first on Jamaica Stock Exchange. »» View story

   • 5 years ago  • 1

Chukka Caribbean Adventures is in the market for more than US$50 million of debt and equity to finance a range of projects that are intended to double the size of the business over the next six months to a year.

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US$50m ... read moreis about J$7 billion. That's a lot. Not for their type of business, because it is capital intensive, but still... that's a lot of money being raised.

And you notice what the article said... debt and equity.

And more importantly... they want to DOUBLE the size of the business within 6 months to a year... that's major
I think we'll see them come to the market within a few years. Those investors will want to exit.
#SCIJMD #PJAM #PJX

Chukka Caribbean Adventures is in the market for more than US$50 million of debt and equity to finance a range of projects that are intended to double the size of the business over the next six months to a year. The Jamaican business that now... »» View story

   • 5 years ago  • 6