Home Tag "Derrimon Trading Company Limited"

Central Banks Around The World Waking Up To The Threat Of Crypto Currencies.

Central banks around the world are waking up to the threat of crypto currencies. Behind the scenes, there is growing uneasiness about how disruptive the technology may be to the banking and payments system. As seen with China this week, where China’s central bank declared initial coin offerings, which is the blockchain community’s version of […]

The Electric Car Reinvented By Dyson?

Key Strategic Initiative To Cull Contribution Of Low Margin Products Lifts Margin Profile For Derrimon Trading – Cotterell

Derrick Cotterell Chairman and Chief Executive Officer of Derrimon Trading Company Limited reporting on the performance of the Company, has pointed to a number of key strategic initiatives that lead to an improvement in their financial performance for the Six (6) months ended June 30, 2017. He points to the deliberate approach to cull or […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Purchase Of Caribbean Flavours And Fragrances Proven Sound And Rewarding – Cotterell

Derrick Cotterell Chairman and Chief Executive Officer of Derrimon Trading Company Limited (DTL) has described the decision taken by the Board of Directors to purchase the majority shares of Caribbean Flavours and Fragrances Limited (CFF) as having proven to be sound and rewarding.  Pointing to both the positive movement in the share price of CFF […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

There was some heavy connected party trading last week on the Junior Market of the Jamaica Stock Exchange as major shareholders of Derrimon Trading Company Limited and Caribbean Producers Jamaica Limited sold off significant portions of their holdings. In the case of Caribbean Producers Jamaica, a connected party sold 111,455,000 shares with an estimated value […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Derrimon Trading Company Limited Issues new J$250 million secured note

Caption for the photo: l-r: Derrimon Trading’s Chairman and CEO, Derrick Cotterell (centre), joined by CFO, Ian Kelly (left), shares a handshake with Mayberry CEO, Gary Peart, after Derrimon Trading’s recently concluded Bond Issue.   Derrimon Trading Limited, in an effort to refinance its current US dollar debt, recently closed a bond issue valued at […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Derrimon Trading Ends Quarter With Consolidated EPS Of 15 Cents Up From 13 Cents – Cotterell

Derrick Cotterell Chairman and Chief Executive Officer of Derrimon Trading Company Limited is reporting marginal improvements in the company’s three months results. Revenue from core activities totaled $1.438 billion a mere 2.3 % over the $1.406 billion reported for the corresponding period in 2016. With the addition of the subsidiary, the revenue for the quarter […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Derrick Cotterell Pushes Derrimon Trading Deeper Into Retail

Derrick Cotterell’s Derrimon Trading Company Limited (DTL) has signed an agreement with Jamaica Property Company Limited to refurbish and operate Shop #15 at Upper Manor Park, formally known as Carihome Supermarket under the Select Grocers brand. It comes as the company sets into motion its Five Years Strategic Plan to establish a Joint Venture Company […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Trinidad Cement and Caribbean Flavours & Fragrances Acquisition Developments

Trinidad Cement Limited (TCL) has submitted a Supplemental Directors` Circular dated January 19, 2017 in respect of the Amended Offer made by Sierra Trading to purchase up to 132,616,942 ordinary shares so as to result in Sierra Trading holding not more than 74.9% of the issued and outstanding shares of TCL at a cash price […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17