Pan Jamaican Investments Trust Ltd. ended up 6%  (closing price – $28.50). The Government’s stated intention to relocated the offices of some ministries from the New Kingston area will at the very least affect Pan Jam by way of the basic tenets of demand and supply. Less demand with supply equals lower price (all other things being equal).

Jamaica Pegasus Ltd. ended down 7% (closing price – $12.51). The UDC’s apparent intention to sell its almost 60% stake may have distracted some investors from the release of their audited financial statements. Jamaica Pegasus’ net profits of J$55M is impressive or important in the context of determining a sale price. The shareholders equity of $3.860B would be more of a concern, bearing in mind that it takes into account land and building valuations which were done in March of this year.

Pegasus Hotels of Jamaica Ltd Annual General Meeting – Monday June 29, 2009
GraceKennedy Ltd’s Annual General Meeting – Wednesday May 27, 2009
Caribbean Cement Company Annual General Meeting – Thursday May 21, 2009
Mayberry Investments Ltd Annual General Meeting – Wednesday May 20, 2009
First Jamaica Investments Ltd Annual General Meeting – Thursday May 14, 2009
Pan-Jamaican Investments Trust Annual General Meeting – Thursday May 14, 2009
Capital & Credit Financial Group Annual General Meeting – Wednesday May 13, 2009
Guardian Holdings Ltd’s Annual General Meeting – Wednesday May 13, 2009
Pegasus Hotels of Jamaica Extra-Ordinary General Meeting – Tuesday May 12, 2009
Pan Caribbean Financial Services Ltd AGM – Wednesday May 06, 2009