Discover and read the best of Twitter Threads about #SOTRSummary
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Regency Petroleum Limited (RGL) has released its IPO prospectus. Here's a #SOTRSummary:
-looking to raise up to 287M
-Opens November 24, Closes December 8
-Each share will cost 1.00
-Brokered by GK Capital
-Selling Agents (JMMB & VMWM)
-looking to raise up to 287M
-Opens November 24, Closes December 8
-Each share will cost 1.00
-Brokered by GK Capital
-Selling Agents (JMMB & VMWM)
Overview of Regency
-100% Jamaican owned
-incorporated (May 30 2019)[**2018 seen in report]
-sells cooking gas (bulk and retail) and automotive gas (1 service station and 1 on the way for Q1 2023)
See details below.
-100% Jamaican owned
-incorporated (May 30 2019)[**2018 seen in report]
-sells cooking gas (bulk and retail) and automotive gas (1 service station and 1 on the way for Q1 2023)
See details below.
This message from the CEO gives a better synopsis of the business, changes made prior to IPO, and the strategic initiatives in play.
EduFocal Limited, $LEARN.ja, has released its Q3 earnings. Here's a #SOTRSummary:
-Revenue 🔻59%
-9 month Revenues ⬆️45%
-Net losses of 28M vs profits of 4M in the same quarter last year.
See details 👇🏾
-Revenue 🔻59%
-9 month Revenues ⬆️45%
-Net losses of 28M vs profits of 4M in the same quarter last year.
See details 👇🏾
The CEO of the company provided a report with a lot more detail. Please read it.
A summary of the year-to-date performance was also provided. Please see below.
ICreate Limited, $ICREATE.ja, has released its Q3 report. Here's a #SOTRSummary:
-Revenue ⬆️231% 🔥🔥
-Net Profits of 6.9M made versus a loss in the same quarter last year.
More details in the next tweet 👇🏾
-Revenue ⬆️231% 🔥🔥
-Net Profits of 6.9M made versus a loss in the same quarter last year.
More details in the next tweet 👇🏾
The Board has provided a report with a lot more details. Please read it.
The CEO of ICreate had previously stated that a rights issue would be used to fund the acquisition of Visual Vibe. The report above and a recent notice seem to indicate that has changed and that the funds have been secured for the acquisition.
jamaicaobserver.com/business/icrea…
jamaicaobserver.com/business/icrea…
Fontana Limited, $FTNA.ja, recently reported its Q1 earnings. Here's a #SOTRSummary:
-Sales ⬆️26%
-Operating Profit ⬆️ 27%
-Net Profit ⬆️43%
Management attributed this performance to higher sales and a shift in the sales mix to higher margin items.
-Sales ⬆️26%
-Operating Profit ⬆️ 27%
-Net Profit ⬆️43%
Management attributed this performance to higher sales and a shift in the sales mix to higher margin items.
Please read the Director's report for more details.
The net margin did in fact increase to 5.36% from about 4.7% for the same quarter last year. We note that this quarter would include back to school shopping.
One on One Educational Services released their IPO prospectus yesterday. Here's a #SOTRSummary:
-looking to raise 358M
-Opens August 12, Closes August 19
-Each share will cost 1.00 outside of the conversion shares for 0.80
-looking to raise 358M
-Opens August 12, Closes August 19
-Each share will cost 1.00 outside of the conversion shares for 0.80
Different investors will have access to different pools of shares.
There is also a special pool of shares reserved for just teachers and trainers. 👏👏
The only pool to get a discount on the share price is the convertible loan holders who buy at 0.80 (more on this later).
There is also a special pool of shares reserved for just teachers and trainers. 👏👏
The only pool to get a discount on the share price is the convertible loan holders who buy at 0.80 (more on this later).
The company intends to use this 358M as follows:
I've also attached their dividend policy.
I've also attached their dividend policy.
Caribbean Cement Company Limited, $CCC.ja, recently released its Q2 earnings. Here's a #SOTRSummary:
-Revenues ⬆️5.7%
- Operating Earnings 🔻8.6%
-Net Income 🔻7.2%
The reduction in income was due to an increase in overall expenses.
-Revenues ⬆️5.7%
- Operating Earnings 🔻8.6%
-Net Income 🔻7.2%
The reduction in income was due to an increase in overall expenses.
The report included the following director's statements and more details. Please read it.
Lower net profits were driven largely by an increase in the cost of raw materials, fuel, and electricity. This increase is due to gas prices being much higher for this quarter than they were for the same quarter last year. Same for the hard inputs for cement.
Today we will be taking a look at the past and expected performance of a few of our government agencies.
Here's a #SOTRSummary:
-The OUR
-NHT
-HEART
-FSC
-JDIC
-SLB
-Petrojam
-JUTC
and a few more.
Here's a #SOTRSummary:
-The OUR
-NHT
-HEART
-FSC
-JDIC
-SLB
-Petrojam
-JUTC
and a few more.
Public Bodies (PB) in Jamaica have been
established to develop strategic sectors in
Jamaica. 146 active entities is perform regulatory, advisory, supervisory, research, technical, administrative or quasi-judicial functions of a governmental nature.
established to develop strategic sectors in
Jamaica. 146 active entities is perform regulatory, advisory, supervisory, research, technical, administrative or quasi-judicial functions of a governmental nature.
Self-Financed Public Bodies have a projected total gross assets of J$1.3T employing an expected 14,296 people. The Group should realise revenues of approximately J$460B and transfer J$21B in financial distributions and programme support, as well as remit taxes of J$45B.
$FOSRICH.ja released its full-year 2021 results today. Here's a #SOTRSummary:
For the 4th quarter
-Sales ⬆️32%
-Profits 🔻60%
For the Year:
-Sales⬆️24%
-Profits⬆️58%
For the 4th quarter
-Sales ⬆️32%
-Profits 🔻60%
For the Year:
-Sales⬆️24%
-Profits⬆️58%
The company is still leveraged (has a good amount of debt). Total debt is 150%+ of its equity balance (excluding leases).
The company recorded another year of negative operating cashflows. This negative balance and capital expenditures were once again funded by debt.
$CCC.ja reported their full year 2021 earnings. Here's a #SOTRSummary:
- Sales ⬆️ 18%
-Net Income ⬆️ 34%
This performance seems to have been largely driven by lower finance expenses and lower losses on foreign exchange.
- Sales ⬆️ 18%
-Net Income ⬆️ 34%
This performance seems to have been largely driven by lower finance expenses and lower losses on foreign exchange.
Please see the director's statement below.
Of note, the company's leverage position has materially improved. Financial obligations in general have fallen since 2020, positioning the balance sheet well for future growth.
Operating cashflows were robust. It was used to buy more fixed assets and to pay various forms of debt
Operating cashflows were robust. It was used to buy more fixed assets and to pay various forms of debt
$ECL.ja has reported its Q2 Earnings. Here's a #SOTRSummary:
-Revenues ⬆️257% 🔥🔥
-Net losses are down but still present at US$321k vs US$571k last year same period.
Though passenger numbers improved, higher operating, direct & finance expenses ate away at higher sales.
-Revenues ⬆️257% 🔥🔥
-Net losses are down but still present at US$321k vs US$571k last year same period.
Though passenger numbers improved, higher operating, direct & finance expenses ate away at higher sales.
Please see the management discussion of the numbers below.
Of note, it was stated that the work on the new post-security lounge should be completed by today (end of February 2022).
Of note, it was stated that the work on the new post-security lounge should be completed by today (end of February 2022).
$ECL.ja's balance sheet remains dominated by its leased assets with a high amount of leverage relative to equity value.
Though operating cashflows were positive for the period, fixed asset purchases and lease payments ate away most of its cash balance.
Though operating cashflows were positive for the period, fixed asset purchases and lease payments ate away most of its cash balance.
