공시 • Sep 08
CAC 2000 Limited, Annual General Meeting, Sep 23, 2025 CAC 2000 Limited, Annual General Meeting, Sep 23, 2025. Location: 231 marcus garvey drive, kingston 11 Jamaica Reported Earnings • Sep 19
Third quarter 2024 earnings released: EPS: JA$0.091 (vs JA$0.21 loss in 3Q 2023) Third quarter 2024 results: EPS: JA$0.091 (up from JA$0.21 loss in 3Q 2023). Revenue: JA$307.3m (up 22% from 3Q 2023). Net income: JA$11.7m (up JA$38.6m from 3Q 2023). Profit margin: 3.8% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. 공시 • Sep 09
CAC 2000 Limited, Annual General Meeting, Sep 26, 2024 CAC 2000 Limited, Annual General Meeting, Sep 26, 2024. Location: registered office, 231 marcus garvey drive, kingston 11., Jamaica New Risk • Aug 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Jamaican stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (JA$316.1m market cap, or US$2.03m). New Risk • Jun 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (JA$425.8m market cap, or US$2.76m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Reported Earnings • Feb 03
Full year 2023 earnings released: JA$0.76 loss per share (vs JA$0.16 profit in FY 2022) Full year 2023 results: JA$0.76 loss per share (down from JA$0.16 profit in FY 2022). Revenue: JA$823.0m (down 26% from FY 2022). Net loss: JA$98.2m (down JA$118.6m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 16
Second quarter 2023 earnings released: EPS: JA$0.051 (vs JA$0.36 in 2Q 2022) Second quarter 2023 results: EPS: JA$0.051 (down from JA$0.36 in 2Q 2022). Revenue: JA$258.6m (down 18% from 2Q 2022). Net income: JA$6.56m (down 86% from 2Q 2022). Profit margin: 2.5% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JA$5.50, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 6x in the Machinery industry in South America. Total loss to shareholders of 45% over the past three years. Board Change • Oct 31
High number of new directors Independent Director Simon Roberts was the last director to join the board, commencing their role in 2022. Reported Earnings • Sep 16
Third quarter 2022 earnings released: JA$0.26 loss per share (vs JA$0.016 profit in 3Q 2021) Third quarter 2022 results: JA$0.26 loss per share (down from JA$0.016 profit in 3Q 2021). Revenue: JA$219.3m (down 30% from 3Q 2021). Net loss: JA$33.7m (down JA$35.7m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorated over the past week After last week's 22% share price decline to JA$6.99, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 6x in the Machinery industry in South America. Total loss to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 17% share price gain to JA$8.90, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 5x in the Machinery industry in South America. Total loss to shareholders of 36% over the past three years. Reported Earnings • Jun 15
Second quarter 2022 earnings released: EPS: JA$0.36 (vs JA$0.006 in 2Q 2021) Second quarter 2022 results: EPS: JA$0.36 (up from JA$0.006 in 2Q 2021). Revenue: JA$313.4m (up 23% from 2Q 2021). Net income: JA$46.7m (up JA$45.9m from 2Q 2021). Profit margin: 15% (up from 0.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 17% share price gain to JA$7.40, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 6x in the Machinery industry in South America. Total loss to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improved over the past week After last week's 22% share price gain to JA$7.42, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 5x in the Machinery industry in South America. Total loss to shareholders of 38% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Richard Powell was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 06
Inaugural dividend of JA$0.035 per share Eligible shareholders must have bought the stock before 13 April 2022. Payment date: 16 May 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in February 2017. The average dividend yield among industry peers is 2.5%. Board Change • Dec 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Richard Powell was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JA$7.02, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 9x in the Machinery industry in South America. Total loss to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 16% share price gain to JA$9.25, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 10x in the Machinery industry in South America. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JA$9.50, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 11x in the Machinery industry in South America. Total returns to shareholders of 5.8% over the past three years. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 32% share price gain to JA$12.10, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 11x in the Machinery industry in South America. Total returns to shareholders of 36% over the past three years. Reported Earnings • Jun 14
Second quarter 2021 earnings released: EPS JA$0.006 (vs JA$0.18 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JA$255.2m (down 4.4% from 2Q 2020). Net income: JA$766.0k (up JA$23.6m from 2Q 2020). Profit margin: 0.3% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 41% share price gain to JA$9.90, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 10x in the Machinery industry in South America. Total returns to shareholders of 15% over the past three years. Reported Earnings • Mar 13
First quarter 2021 earnings released: EPS JA$0.062 (vs JA$0.01 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: JA$253.3m (down 17% from 1Q 2020). Net income: JA$7.94m (up JA$6.62m from 1Q 2020). Profit margin: 3.1% (up from 0.4% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JA$9.00, the stock is trading at a trailing P/E ratio of 35.7x, down from the previous P/E ratio of 42x. This compares to an average P/E of 15x in the Machinery industry in South America. Total returns to shareholders over the past three years were flat. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 15% share price gain to JA$12.25, the stock is trading at a trailing P/E ratio of 48.6x, up from the previous P/E ratio of 42.2x. This compares to an average P/E of 15x in the Machinery industry in South America. Total returns to shareholders over the past three years are 70%. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JA$10.65, the stock is trading at a trailing P/E ratio of 42.2x, down from the previous P/E ratio of 51.6x. This compares to an average P/E of 15x in the Machinery industry in South America. Total returns to shareholders over the past three years are 24%. Reported Earnings • Jan 01
Full year 2020 earnings released: EPS JA$0.25 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JA$1.26b (up 12% from FY 2019). Net income: JA$32.5m (up JA$59.0m from FY 2019). Profit margin: 2.6% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 25% share price gain to JA$10.00, the stock is trading at a trailing P/E ratio of 63.9x, up from the previous P/E ratio of 51.1x. This compares to an average P/E of 15x in the Machinery industry in South America. Total returns to shareholders over the past three years are 56%. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JA$8.00, the stock is trading at a trailing P/E ratio of 51.1x, down from the previous P/E ratio of 63.9x. This compares to an average P/E of 14x in the Machinery industry in South America. Total returns to shareholders over the past three years are 25%. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 25% share price gain to JA$10.00, the stock is trading at a trailing P/E ratio of 63.9x, up from the previous P/E ratio of 51.1x. This compares to an average P/E of 14x in the Machinery industry in South America. Total returns to shareholders over the past three years are 57%. Valuation Update With 7 Day Price Move • Dec 02
Market pulls back on stock over the past week After last week's 20% share price decline to JA$8.00, the stock is trading at a trailing P/E ratio of 51.1x, down from the previous P/E ratio of 63.9x. This compares to an average P/E of 14x in the Machinery industry in South America. Total returns to shareholders over the past three years are 35%. Valuation Update With 7 Day Price Move • Nov 12
Market pulls back on stock over the past week After last week's 25% share price decline to JA$11.00, the stock is trading at a trailing P/E ratio of 70.2x, down from the previous P/E ratio of 94.2x. This compares to an average P/E of 18x in the Machinery industry in South America. Total returns to shareholders over the past three years are 71%.