What’s Next For Margaritaville?

February 9, 2022

Last week we looked at the JSE’s #1 stock of the year, so of course this week, we’re turning our attention to the worst performing stock of 2021. That was the tourism company, Margaritaville (Turks), which was down 63- percent at the end of the year. How do they plan to turn it around with new variants of the pandemic still raging? Chairman and CEO of Margaritaville Caribbean Group, Ian Dear, will join us.

And THE ANALYSTS weigh in on the latest market developments…It’s all about the profits!!
AMG Packaging and Paper Company’s profits are up a whopping 146- percent for the 3 months ending November 30, 2021 compared to the previous year. And FESCO is reporting a 121- percent increase in Net Profits for the 3 months ending September 30, 2021 compared to the previous year. Over in the US, Bank of America says profits rose 28 percent in its fourth quarter compared to a year earlier. We’ll discuss

Categories: Taking Stock

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The Cast

David Rose

Ian Dear

Chairman and CEO of Margaritaville Caribbean Group

Jodian Aris

Research and Strategy Analyst at Sagicor Investments

Julian Morrison

Julian Morrison

Investment Analyst, PROVEN Wealth

Orick Angus

Senior Wealth Advisor Ideal Portfolio Services

Categories: Taking Stock

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