Jetcon Corporation Limited recorded a big 64 percent rise in profit in the third quarter to September 2019 over the similar 2018 period but profit for the year to date still lags the 2018 results. This as the company enjoyed a major improvement in gross profit margin in the quarter that lead to the strong […]
Jamaica Stock Exchange’s Market Capitalization Surpassed the JA$2 trillion-mark with QWI Investments Limited Listing
QWI Investments Limited Raised $1.17 Billion Dollar on the Stock Market allowing the market capitalization to surpass the $2 trillion-mark for the First Time Today, the Jamaica Stock Exchange’s market capitalization surpassed the $2 trillion-mark, unprecedently doubling in value in less than two years! This market achievement comes with QWI Investments Limited (QWI) successful listing […]
Jetcon Corporation Continues To Struggle With Revenues Falling 26% And Profits By 35 % For Q2
Jetcon Corporation continues to reverse three years of solid growth as the company reports that their second quarter was another challenging one, with revenues falling 26 percent and profits by 35 percent; for the half year, revenues fell by 22 percent and profit by 34 percent. The first half reverses three years of solid growth […]
Jamaican Teas Reporting Sharp Fall In Revenues, Even Though They Had A Very Successful Third Quarter – Mahfood
-30- John Mahfood, Managing Director for Jamaican Teas (JTL), is reporting a sharp fall in revenues, even though they had a very successful third quarter. This he says reflects a negative development for the Group, arising from a decision to dispose of 100% of the supermarket previously owned by JRG Shoppers Delite to an associated […]
Jetcon Corporation Ends 2018, Its 3rd Year On Junior Market Of The Jamaica Stock Exchange, With First Year Of Decline In Profits Since 2014
Jetcon Corporation Limited, described as Jamaica’s pre-eminent preowned car dealers, marked its third year of listing on the Junior Market of the Jamaica Stock Exchange in 2018 with revenues declining modestly from JA$1.18 billion in 2017 to JA$1.16 billion in 2018. Operational costs increased in 2018, resulting in the reduction in profit to JA$92 million, […]
John Jackson Still Bullish On Elite Diagnostics
Sagicor Investments and NCB Capital Markets, who were jointly responsibly for the Elite Diagnostic IPO, seeking to raise $141 million, offering of 70.68 million shares, has announced that it has been oversubscribed, closing on February 5, 2018. Shareholder notification for the allotment of shares, given the oversubscription, and the date of the company listing will […]
Elite Diagnostic Delays IPO Following Revelations Of Errors In Financials By John Jackson
Elite Diagnostics Imaging Services Limited, which is led by Warren Chung, managing director has delayed its IPO listing, initially scheduled for this week. In a notice posted on the Jamaica Stock Exchange website, the company advised that the Application List, relating to the IPO by Elite Diagnostic Limited, would not open on January 24, 2018. […]
Mayberry Investments Joins John Jackson, In Calling For A Rejection Of Ansa Coating International’s Offer – Updated
The number of shareholders coming out and publicly rejecting Ansa Coating International Limited’s offer to purchase the ordinary shares in Berger Paints Jamaica Limited, now held by minority shareholders is growing. Mayberry Investments Limited, noted financial analyst John Jackson, Sagicor Investments, a subsidiary of Sagicor Group which controls more than 10 percent of Berger Paints […]
Stationery and Office Supplies A Buy Rated Stock, Price Expected To Rise Sharply After Planned Listing – Jackson
Noted financial commentator and avid stock market investor John Jackson has given Stationery and Office Supplies Limited Initial Public Offering the thumps up and has accorded the stock a BUY RATED with the stock price expected to rise sharply after the planned listing on the junior market of the Jamaica Stock Exchange. The IPO seeking […]
Rich Opportunities Exist In Jamaica For Jamaicans To Better Themselves Financially.
John Jackson has indicated that rich opportunities exist in Jamaica for Jamaicans to better themselves financially. Many opportunities exist for Jamaicans to profit from; however, they need to learn how to find them. This means, with greater financial sophistication born out of knowledge, coupled with the advent and buoyancy of the Junior Market, ordinary Jamaican […]
