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Advance Management Accounting Essay

1566 words - 7 pages

VMWM Research Department, March 31, 2014

Disclaimer: The following stock picks are for information purposes only. The information stated herein may reflect the opinion and views of VM Wealth Management in relation to market conditions and does not constitute any representation or warranties in relation to investment returns and the credibility of the sources of information relied upon in the preparation of this report, without further research and verification. Before making any investment decision, please consult a VM Wealth Management Advisor.




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This should bode well for the company in the medium- to long-term as it could expand revenue faster in these countries than in Jamaica.

62 60 58 56 54


5.2 5 4.8 4.6


RECOMMENDATION: BUY RATIONALE: The Company is more resistant to a tougher economic climate as demand for its products is more inelastic. We view the recent acquisitions, such as England Farms in Arkansas, as highly constructive to the long-term prospects as JBG’s revenue sources increase and it becomes less susceptible to the depreciation of the Jamaican dollar. RECOMMENDATION: BUY RATIONALE: Strong, solid company with an attractive dividend yield. The acquisition of RBC should bode well for the Group as it can increase the Company's market share in the commercial banking industry. The Company stands to realize synergies from the acquisition.


SJ Sagicor Group Jamaica Limited YTD CHANGE: -7.42e%

9 8.5

P/E RATIO: 5.87x P/B RATIO: 0.94x

Page 1 of 2

52 Week Range ($)

Last Week's Close Price 2.44 1.70 4.20 35.51 4.60 1.20 58.05 11.10 4.94 7.25 18.26 2.00 4.00 6.47 0.41 1.86 18.05 95.00 50.00 0.76 1.30 17.10 9.36 6.75 8.01 21.06 25.00 11.00 2.10 17.61 8.88 3.54 9.01 0.60 14.35 0.75 2.45 2.85 1.20 8.60 1.55 3.00 3.20 1.00 1.45 1.25 1.22 2.99 2.50 0.18

P/E Ratio

Book Value/Share (X) 3.14 2.43 -0.38 9.74 2.83 2.14 61.74 8.20 8.18 10.78 32.25 3.43 12.06 8.91 -2.43 3.14 29.62 195.15 84.88 4.61 3.53 21.23 10.00 5.00 6.58 23.69 29.84 17.81 1.24 40.72 2.21 3.02 6.94 0.00 3.83 0.59 0.73 1.28 2.26 3.42 2.31 3.30 3.53 0.63 0.66 0.50 0.58 1.86 2.22 0.11

Dividend Yield for Yr 2014

Dividend Yield for Yr 2013

YTD ROE Recom m endation

Barita Investm ents Ltd Berger Paints Caribbean Cem ent Com pany Ltd Carreras Desnoes & Geddes Gleaner GraceKennedy Hardw are & Lum ber Jam aica Broilers Group Jam aica Money Market Brokers Jam aica Producers Jam aica Stock Exchange Kingston Properties Kingston Wharves LIME Mayberry Investm ents Ltd National Com m ercial Bank Palace Am usem ent Co (1921) Ltd Pan Jam aican Investm ent Trust Pulse Investm ents Radio Jam aica Ltd Sagicor Investm ents Ja Ltd. Sagicor Group Jam aica Lim ted Sagicor Real Estate X Fund Salada Foods Scotia Group Jam aica Scotia Investm ents Jam aica Ltd Seprod Suprem e Ventures Ltd Trinidad Cem ent Ltd Access Financial Services AMG Packaging & Paper Com pany Ltd Blue Pow er Group C2W Cargo Handlers Ltd...

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