ItsMoneyMark Newsletter #77

Jamaica Broilers Group Limited, produces a Record “Tasty Chicken” 1st Quarter

Poultry selling like “Hot Bread”

Listen, poultry, chicken, it is everyone’s friend, whether you roast it, curry it, bake it, jerk it, fry it, bbq it, fry it, brown stew it, fricassee it, whatever your style, everyone loves chicken, and this 1st quarter brought to you by JBG, fondly called “Broilers” in the market is no different. As far as we can recall at ItsMoneyMark, this is a “record” quarter for the Chicken Boss, JBG. Do not take this quarter lightly folks, this is J$ 1 billion plus quarter, not may companies do this on the JSE – Jamaica Stock Exchange. 

ItsMoneyMark Newsletter #69

WISYNCO GROUP, WHAT TO DO WITH ALL THAT CASH ON THEIR BALANCE SHEET? 

WHAT’S THE LONG-TERM “JSE FOODIE” PLAY…

Wisynco Group Limited (JSE: WISYNCO) declared a good dividend, declaring J$ 20 cents per share, at their recently held board meeting on June 27, 2022. The payment date is August 4, 2022. 

Wisynco’s share price is trading around its 52-week high/ low mid-point, at J$ 19 – J$ 20 per share. The company’s 52- week high/ low is J$ 26.90 per share and J$ 15.37 per share, respectively. The share price has been consolidating a bit, which is not a bad thing as we await the next earnings report from Wisynco.