Grace's Share Price Soars On Joint Venture

Weekly Gleaner, The; North American ed. › July 31, 2009

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Summary

The Weekly Gleaner reported that within the next six months, Grace and Guardian Life would be establishing a health insurance company together here in Jamaica and within the rest of the Caribbean. Mr. [Don Wehby] said, "People are very excited with the prospect of our new company earning profits outside of Jamaica." However, the analysts at Mayberry Investments see the leap in share price as a natural reward for a well run company. "It's a good stock! I believe that since we recently put it in our Mayberry Performance Index (Mayberry's tra On Wednesday, October 6, of all the Grace shares that traded, only 5,000 traded at $120.00 per share. I think that was the result of an overzealous trader or investor. And notice that Grace shares did not trade on Thursday, October 7. That is because of one of two reasons.

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Grace's Share Price Soars On Joint Venture

GRACE, KENNEDY & Company's share price experienced an impressive bounce on Wednesday, October 6, by 13 per cent or $13.9...

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