Connect with us

Archive

INVESTOR CONFIDENCE – the ability to retain and increase the value of their company stock price

Published

on

Another important tracker of CEO performance is the ability to retain and increase the value of their company stock price. Although in Jamaica and even around the Caribbean, stock price movements have been known to act independent of company performance the results are none the less indicative of confidence in the companies and the ceo’s leading them.

Of the top 20 CEO’s only nine (9) reported positive stock movements for 2009.

President and CEO             Company                      Opening      Closing

  1. Bruce Bowen             Scotia Group Jamaica Ltd.         16.50              19.57
  2. Richard Byles           Sagicor Life Jamaica                     05.70              07.02
  3. Anya Schnoor         Scotia DBG Investments Ltd.    15.00              16.62
  4. Stephen Facey        First Jamaica Investments    22.07              27.97
  5. Stephen Facey    Pan-Jamaican Investment Trust   35.00         36.00
  6. Byron Thompson      Seprod Limited                           16.20              18.00
  7. Donovan Perkins      Pan Caribbean Financial          15.00              18.10
  8. Christopher Levy      Jamaica Broilers Group         03.62              04.96
  9. John Gourzong          Montego Bay Freeport            01.65              01.90

Ceo’s reporting negative stock price movements include the following. Including among them is our number one for 2009. BM

President and CEO             Company                         Opening       Closing

  1. Patrick Hylton            National Commercial Bank  17.00              16.00
  2. Michael Bernard       Carreras Limited                       52.00              35.02
  3. Douglas Orane           GraceKennedy Limited          44.00              40.50
  4. William McConnell    Lascelles deMercado & Co   449.99         250.00
  5. Chris Williams           NCB Capital Markets Ltd.        2.99                 2.70
  6. Mark McKenzie          Desnoes & Geddes Limited  4.15                 3.42
  7. Keith Duncan             Jamaica Money Market         05.00              04.00
  8. Clovis Metcalf      FirstCaribbean International(Ja 21.00          12.70
  9. Brian George             Supreme Ventures Ltd.          02.90              02.01

Continue Reading
Click to comment
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Archive

John Mahfood “I Listed on the JSE to Raise Capital for My Business”

Published

on

Continue Reading

Archive

JSE Online Trading Platform

Published

on

Continue Reading

Archive

Grace Stockholders To Vote On 3-for-1 Stock Split Today

Published

on

Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

Continue Reading

Archive

UK Loses S&P Triple A Rating

Published

on

The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

Continue Reading

Archive

Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

Published

on

Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

Continue Reading

Trending

0
Would love your thoughts, please comment.x
()
x