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Jamaica Gleaner Business
published: Sunday | January 1, 2006
Six BIG stock picks for 2006
LOCAL EQUITY prices receded in 2005 against the backdrop of challenging economic conditions largely arising out of a twin shock from spiralling oil prices and two hurricanes.
CABLE AND WIRELESS (JAMAICA) LIMITED
CABLE AND Wireless (Jamaica) Limited (CWJ) is Jamaica's only full service telecom-munication provider and in recent months the new management team has sought to leverage this strength through a series of initiatives.
PAN-JAMAICAN INVESTMENTS
ESSENTIALLY A holding company, Pan Jamaican Investment (PanJam) is diversified across property management, insurance, and banking and trading. It is now primarily dependent on First Jamaica Investments (FJI) that has 25 per cent interest...
DEHRING BUNTING AND GOLDING
DB&G IS a strong brand in the Jamaican financial industry. Its experience in Jamaica's privatisation programme is unmatched by any other Jamaican financial firm. The firm also has the reputation of being well managed having been profitable...
NATIONAL COMMERCIAL BANK
NATIONAL COMMERCIAL Bank is a behemoth in the local banking industry with customer deposits growing by an average of 12 per cent over the past five years. Beyond the Group's distribution strength in commercial banking, NCB enjoys robust business...
JAMAICA PRODUCERS GROUP
DESPITE ITS price to book value of 0.75, investors have timidly approached this stock due to the events of 2005 that seemingly conspired to erode profits and consequently inflate the P/E multiple. In particular, year-to-date profits...
CARRERAS GROUP LIMITED
CARRERAS DISCONTINUED its local manufacturing operations in November, 2005 and now concentrates on importing and distributing cigarettes in Jamaica. Carreras also sold San Souci thereby creating a leaner, more efficient entity...
Achieving financial independence for 2006
IF YOU seek to become financially independent for life, here are seven top financial resolutions. 1. - Pay yourself first. Many best selling books on personal wealth creation identify this single principle as the most fundamental...
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