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The Jamaica Stock Exchange (JSE) is shortening the settlement period for stock market transactions from the existing T+2 cycle, where settlement occurs two days after the trade date, to a more exp. ....
2018 file photo shows Konrad Berry, Director of Mayberry Jamaican Equities (MJE) inserts the Mayberry Jamaica Equities sticker on the JSE board. Looking on is Marlene Street Forrest ( front row centre) Managing Director, Jamaica Stock Exchange; Natalie Augustin ( front row, right) Managing Director, MJE. Mayberry Jamaican Equities Limited (MJE) recorded a net profit of $299.7 million for the three months ended March 31, 2021, mainly due to increased unrealised gains of $282 million on investment securities. This showed a 125 per cent improved performance over the corresponding period in 2019. In addition, overall expenses were lower by $1.9 million. For Q1 2021, earnings per share (EPS) was $0.25. The company reported a loss per share (LPS) of J$0.93 for Q1 2020. The improved results for Q1 2021 were primarily attributable to the revaluation of the equities classified as Fair Value through Profit or Loss (FVPL). ....
Chairman of Mayberry Jamaican Equities Limited Christopher Berry The management of Mayberry Jamaican Equities Limited (MJE) says the company is poised for recovery, after ending 2020 with losses amidst the coronavirus (COVID-19) pandemic. A subsidiary of Mayberry Investments, MJE, currently holds stock in 31 companies listed on the Main and Junior Markets of the Jamaica Stock Exchange (JSE). “Despite the challenges faced by the company due to the deterioration of market conditions management remains confident that the company is well poised for recovery and growth in the medium to long term,” it was stated in the company’s financial statements. For the year ended December 31, 2020, MJE reported a total comprehensive loss of US$37 million, compared to a total comprehensive income of US$33.6 million for the corresponding period of 2019; a decrease of US$70.5 million. ....
Mayberry Jamaican Equities poised for recovery, directors say loopjamaica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from loopjamaica.com Daily Mail and Mail on Sunday newspapers.