Sagicor Group Jamaica Ltd



Recent Items about: Sagicor Group Jamaica Ltd

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

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.

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Weekly Review

Main Market Slumps, Junior Jumps. Remittance Scare, TT Ratings Downgrade

Here is the latest weekly digest (Apr 24th – Apr 30th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

Over J$2.4b was traded on the main market during April 2017 from 2,957 trades, much less than the over 4,000 trades executed in the previous month (March 2017) valued at over J$4.7b. As you can see there has been a steep fall off in both the value of transactions and activity (# of trades) on the main market. Continue Reading

Weekly Review

March A Busy Month For Stocks, SOS IPO, Property Taxes & Brexit

Here is the latest weekly digest (Mar 27th – Apr 2nd, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

The first quarter of 2017 is now behind us. Yes, believe it or not the first 3 months of 2017 are history, with 9 more months to go.

For March, big winners for the month were KPREIT up 48.6%, ISP by 37.2%, CBNY by 29.4% and another 10 more stocks which advanced more than 10%. Declines for the month include BPOW by 36.3%, MTL by 28.1%, CWJ by 26.0%, and JSE, MUSIC and PURITY all down by close to 25%. Continue Reading

Weekly Review

Market Cools Down, New Sagicor Boss & US Fed Raises Rates

Here is the latest weekly digest (Mar 13th – Mar 19th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

The stock market closed down for a 2nd time this week. Meaning, it declined last week (by 2.5%) and then another 1.2% this week. This marks the 4th time the market has closed down for a week since January, while in the previous 3 months (Oct – Dec) the combined market index only declined twice. This confirms what we have been seeing daily where the rate of growth in some security prices and volumes have cooled down compared to previous months. Continue Reading

Weekly Review

Profit or Pics – What Do Investors Want? SSL Dumps JSE & Venezuela Down To Its Last US$10B

Here is the latest weekly digest (Feb 27th – Mar 5th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

Imagine, on one hand you have all of these profitable Jamaican companies who are making actual products, with sales and customers, and on the other, a company that has made losses every single year since being in operation.

Profits or Pics – What do investors want? This week over 20 Jamaican companies released their year end financials. Most were profitable and continue to show signs of steady growth. This is of course in stark contrast to the loss making Snap Inc (Snapchat), that debuted on the New York Stock Exchange this week. Continue Reading

Weekly Review

Cuba’s First Exports, TCL Offer Saga & JSE Loses Top Spot To… ?

Charcoal By Kolin

Here is the latest weekly digest (Jan 2nd – Jan 8th, 2017). A quick easy read of this week’s top and most relevant business news. No fluff, just the highlights.

  • First Legal Cuban Exports Set To Sail – Artisanal charcoal will become the first legal Cuban export to the US in recent history this month under a new deal announced between the Cuban government and other parties. The charcoal is produced by hundreds of worker-owned cooperatives across Cuba and has become an increasingly profitable export, valued for its clean-burning properties and often used in pizza and bread ovens.

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Weekly Review

Sagicor’s Building A BIG Water Park In Runaway Bay. Own A Piece For As Little As J$500

Yes! Sagicor is seeking to raise J$1 billion, primarily to construct a water park at their Jewel Runaway Bay Beach & Golf Resort in St. Ann. They have created a company (Sagicor Real Estate X Fund Limited) and are selling shares in it (through an initial public offering). Your opportunity at owning a piece of greatness begins today. Read on. Continue Reading

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