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Agriculture Minister Moves To Revoke Leases For Idle Lands

    Minister of Agriculture and Fisheries Robert Montague is assisted by Judith Hunt, manager of Caribbean Egg Producers (a subsidiary of Caribbean Producers), in labelling a 1.83-kilogram bottle of liquefied eggs while on tour of the plant on Monday. - Photo by Barrington Flemming Western Bureau Minister of Agriculture and Fisheries Robert Montague says [...]

CPJ disburses $1.5 m in scholarships

FREEPORT, St James — Caribbean Producers Jamaica (CPJ) on Tuesday disbursed $1.5 million in scholarships to its employees's children who maintained 'A' averages throughout the academic school year. Approximately 27 of the 45 children who applied for the scholarships made the required grade, Chief Operating Officer, Jan Pollack, told the Observer West following a brief [...]

CPJ IPO oversubscribed

The initial public offering (IPO) of shares in Caribbean Producers Jamaica (CPJ) was oversubscribed and closed a minute after subscriptions opened Friday morning. Mayberry Investments Limited, lead broker in the application in the proposed admission of CPJ to the Junior Market of the Jamaica Stock Exchange, stated in a press release that the IPO was [...]

Caribbean Producers IPO should be a strong buy

Mark Hart controlled Caribbean Producers is being brought to market on Friday by leading stockbroker Mayberry at a historic tax charge adjusted price earnings (PE) ration of just under 14, based on June 30th 2010 profit before tax of US$1.84 million. Normally, the price earnings ratio would be calculated on the profit after tax, which [...]

CPJ looking to pump up to US$2 million in brand

CARIBBEAN Producers Jamaica Limited (CPJ) is hoping to invest between US$1 million ($85 million) to US$2 million ($170 million) on acquiring a brand for its retail distribution division this year. CPJ director Mark Hart told Sunday Finance that acquiring a brand, one of the five investments to be undertaken if an initial public offer (IPO) [...]