Sagicor Investments Jamaica Limited has advised that the iCreate Limited IPO was oversubscribed and the subscription list closed on February 1, 2019, at 1:00 p.m. The offer opened on Thursday, January 31 and was scheduled to close February 14, with 74,062,500 ordinary shares offered to the public at $1.01 each. The company, which had sought […]
Businessuite 2018 Top 10 Jamaica Junior Market Companies By US$ Revenue
NR NR NR LC$000 US$000 2018 2017 2016 Company 2017/2018 2017/18 1 1 1 JA Lasco Distributors Limited $16,269,083 $130,153 2 2 2 JA Caribbean Producers Jamaica Ltd. $107,795 3 5 4 JA General Accident Insurance Co Ja $7,106,254 $56,850 4 4 3 JA Derrimon Trading Company Limited $6,723,810 $53,790 5 3 5 JA Lasco […]
Businessuite 2018 Top 10 Jamaica Junior Market Companies By US$ Profit After Tax
NR NR NR LC$000 US$000 2018 2017 2016 Company 2017/18 2017/18 1 3 2 JA Lasco Distributors Limited 1,003,879 8,031 2 2 NR JA Access Financial Services Ltd. 716,027 5,728 3 JA 138 Student Living Jamaica Limited 693,632 5,549 4 1 1 JA Lasco Manufacturing Limited 615,948 4,928 5 5 3 JA Dolphin Cove Limited […]
Caribbean Cream’s 2018 Profits Dive As It Holds Prices To Gain Market Share
Caribbean Cream Limited, which is celebrating its fifth year on the Junior Market of the Jamaica Stock Exchange, is reporting reduced earnings per stock unit of 24 cents down from the 47 cents reported in 2017. This as the company’s revenue reached an all-time high of J$1.37 billion up from the $1.2 billion recorded in […]
Stationery And Office Supplies Reporting Highest Recorded Sales For Any Quarter In 50-Year History Of Company
Stationery and Office Supplies Limited is reporting an all-time high in sales for any single month, as well as the highest recorded sales for any quarter, ever posted in the 50-year history of the company. The recently listed Junior Market company on the Jamaica Stock Exchange, recorded sales of JA$102 million for the month of […]
General Accident Insurance Reporting Disappointing 2017, Making First Underwriting Loss In 9 Years
Paul B. Scott Chairman of General Accident Insurance Company is reporting that the company had a disappointing year in 2017, making its first underwriting loss in recent years and producing their lowest returns on shareholders’ equity as a public company, delivering a profit before tax of JA$236 million, 42% lower than in 2016. Commenting on […]
Stationery And Office Supplies Enters Manufacturing Sector Acquires Machinery and Brand SEEK.
Junior Market listed company, Stationery and Office Supplies Limited, has signaled its intention to enter the manufacturing sector with the recent acquisition of equipment used to manufacture various types of writing books as well as the brand name SEEK. The transaction, which is set at JA$60 million, with the overall rollout cost, including renovations expected […]
Elite Diagnostic’s Jamaica Stock Exchange Listing Brings Value Of Junior Market To JA$121 Billion.
Photo Caption: Warren Chung, CEO at Elite Diagnostic Limited (right), in discussion with his team and Marlene Street Forrest, Managing Director, Jamaica Stock Exchange (left). The team of NCB Capital Markets and Sagicor Investments was co-broker and arranger for the medical diagnostic company’s successful IPO and listing. Comprising the team (from second left) are: Mischa […]
GWest Corporation Reporting Reduced Revenues Of JA$21.6 Million For Quarter Ending December 2017
Recently listed Junior Market company GWest Corporation Limited has released its first quarterly reporting since listing on the Jamaica Stock Exchange in December 2017. Reporting reduced revenues of JA$21.6 million for their quarter ending December 2017 compared to $24.3 million in 2016, Director Konrad Kirlew, said this 16% reduction was due to lower sales of […]
LASCO Financial Reporting Improved Q3 Performance From Seasonally Strong Remittance And Cambio Inflows
The Directors of LASCO Financial Services Limited have released the company’s third quarter unaudited financial results covering October – December 2017, reporting revenues increasing by 36% from JA$297.7M in the 2016 corresponding period to close at JA$404.9M. This improved performance the Directors have attributed to seasonally strong remittance and cambio inflows bolstered by the income […]
