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Stocks on the Rocks #SOTR Profile picture
Stocks on the Rocks #SOTR
@stocksondrocks
#SOTR is a platform that is designed to create open & inclusive spaces for all to learn to build & maintain a healthy relationship with their money.
Nov 17, 2022 • 19 tweets • 10 min read
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) 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.
Nov 16, 2022 • 11 tweets • 5 min read
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 👇🏾 The CEO of the company provided a report with a lot more detail. Please read it.
Nov 15, 2022 • 13 tweets • 5 min read
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 👇🏾 Image The Board has provided a report with a lot more details. Please read it. Image
Nov 15, 2022 • 9 tweets • 3 min read
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. Image Please read the Director's report for more details. Image
Jul 30, 2022 • 27 tweets • 13 min read
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 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).
Jul 29, 2022 • 8 tweets • 3 min read
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. The report included the following director's statements and more details. Please read it.
Mar 18, 2022 • 19 tweets • 7 min read
We've been having an ongoing discussion in the group about how to spend less on groceries. Someone mentioned that there is a website that allows you to compare food prices at different supermarkets across Jamaica:

Please see the link here: cac.gov.jm/dev/SurveyEnqu…

An example 👇 Grace Mackerel- 155g Prices across St.Andrew as at 3/9/22

Lee's Red Hills- 127.30
HI-LO Cross Roads- 124.12
Megamart- 116
General Foods Liguanea- 110.13
JR Wong- 106.75
Brooklyn Clocktower- 105.56
Shopper's Fair Boulevard- 104.73
PriceSmart 10 pack (per item)- 94.90
Mar 9, 2022 • 23 tweets • 15 min read
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. 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.
Mar 7, 2022 • 5 tweets • 2 min read
$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% The company is still leveraged (has a good amount of debt). Total debt is 150%+ of its equity balance (excluding leases).
Mar 1, 2022 • 6 tweets • 3 min read
$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. Please see the director's statement below.
Feb 28, 2022 • 5 tweets • 2 min read
$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. Image 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). Image