What you think you know, but you don’t

In this very insightful TedTalk, Alan Smith outlined the false dichotomy that there are only two types of people: those who’re good with numbers & those who’re not.

By visualizing prior studies and comparing official figures from national statistics with what samples of people think/ perceive reality to be, Alan’s presentation shows the disparity between what we think we know and the actual facts – most often than not, the difference is preposterous. In an era of ‘Fake News’ and dubious information, an appreciation for the veracity of statistics is evident.

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Data Collection on Pedro Cays

Over a two day visit to Pedro Cays (November 6th to 8th), which is about 80 km south and southwest of Jamaica, our team collected data through face-to-face interviews with fisherfolks. Here are some highlights from our trip:

Transportation

The only means of transportation to Pedro Cays is by boat (or helicopter). Thanks to Captain Dennis who brought us from Treasure Beach St Elizabeth in a 3-hour boat ride (Speed Boat) and the Jamaica Defence Force Coast Guard who took us back to Kingston in a 7-hour boat ride.

 

Lodging

We spent two nights in this hurricane proof camp thanks to The Nature Conservancy.

 

Fisherfolks

Hundreds of fisherfolks make their living from Pedro Bank, we’re grateful they took some time out to share with us.

 

We are concerned about the unsanitary conditions on Middle Cay as there are no bathroom facilities for the fishermen and garbage pollution is a serious issue.

 

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Trademark Surveys: Combining Research and Law

trademark-infringementTrademark confusion surveys bring together both of my passions – research & law. In the world of Intellectual Property, many companies are now ensuring that their trademarks are not confused with competitors.

In recent years, the courts in the United States, Canada and the United Kingdom have seen a drastic increase in the number of cases where surveys have been accepted in trademark infringement and passing off cases. The use of research in trademark litigation has become prevalent even in the Caribbean. Two years ago, Balcostics Limited concluded a confusion survey where respondents provided answers to different questions relating to their perception as to whether they believed two marks (shown on the questionnaire) were owned by the same or different companies. Respondents were then asked to explain why they made a particular selection and to state the name of the company (ies) they thought owned both marks and or each mark.

Ensuring that the survey is conducted in the perfect environment is key when conducting a survey for use in litigation proceedings because trademark surveys often determine the outcome of trademark litigation. Courts look to specific indicia of reliability regarding how a trademark survey was conducted and performed. These indicia include:

  • Whether a sufficient number of individuals were surveyed,
  • Whether specific controls were created to measure if any portion of the survey was confusing in itself,
  • Whether the questions were leading or followed a proper format, and
  • If a specific percentage of survey respondents were called to verify the accuracy of their answers. A substantial amount of case law exists which provides insight into how to conduct and prepare a trademark survey that will be admissible in court.

5 Key Points in Conducting a Confusion Survey:

1.Ensure that the proper universe is selected. You have to ensure that the types of consumers questioned in the survey are from the proper universe. Identification and selection of a proper universe are recognized as critical elements in a survey. It makes no sense to interview the wrong persons as your results will be irrelevant.

2. Persons conducting the survey are recognized experts. The careful hiring of a trademark expert is one of the most important decisions made during a trademark dispute. Well… *cough* that is where Balcostics Research comes in.

3. The sample design, questionnaire and interviewing should be in accordance with generally accepted standards of research procedure and statistics.

4. Sample design and interviews are conducted independently of the Attorneys in the matter.

5. Interviewers trained in the field have no knowledge of the litigation or purposes for which survey is being used. This point was discussed in the case of TOYS “R” US, INC., Plaintiff,v.CANARSIE KIDDIE SHOP, INC.,[1983]

 

Written by: Abi-Gaye White-Thomas (Mrs.)
Attorney-at-Law and Researcher
law@balcostics.com

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Fish Sanctuaries: Ensuring Jamaica’s Future Fish Supply

Recently we concluded a survey among fisherfolks across seven (7) fish sanctuaries (Bluefields, Salt Harbour, Galleon Harbour, Three Bays, Boscobel, Oracabessa and Galleon St. Elizabeth) in Jamaica.

What is a Fish Sanctuary? 

A Fish Sanctuary is a coastal area where no fishing is allowed so that fish (and other sea life) have a sea haven to breed and grow to increase the fish stock and keep it healthy.

Here are some highlights from our visits:

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Conducting Qualitative Research across Jamaica: Highlights

Team Balcostics recently concluded a qualitative research (Focus Groups & Qualitative Surveys) project involving youths, small and large scale farmers across 9 parishes in Jamaica. The following are some lessons  learnt:

  • Scheduling & organizing participants – give participants at least one week notice to prepare and adjust their schedule.
  • Logistics – Some of the target groups were located in deep rural communities and finding the specific Focus Group venue proved challenging. Be cognizant of additional time for wrong turns (transportation) 🙂
  • Provide Refreshments – It’s a great way to make participants comfortable and they will likely share more information with you.

Here are some highlights from our numerous trips:

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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This is how Small Businesses should use Market Research

Market research is very useful for small businesses. As a small business, especially doing something disruptive, you have to follow your gut much more than in other scenarios, for sure and there are some types of research that will not be applicable. Three things I have learned about marketing and market research:

  1. Online surveys are often overrated and poorly implemented, qualitative research is often underrated.
  2. Market research is not about outsourcing your job to consumers, but they can provide valuable input to various decisions you will need to make.
  3. I am not Steve Jobs.

Small Business

More detail on those:
1. While I don’t want to get into semantics I think it is important to point out that market research is more than quantitative surveys about the viability of a product idea (as sometimes seems to be the assumption).

If your respondent hasn’t experienced something you should probably not ask them about it explicitly. For example, just last year I stayed away from the the word smartphone, it turns out that among consumers there is a broad understanding of what it is but when it gets down to specifics perceptions vary. Try asking your friends what makes something a smartphone (they might focus on touch screen, data and internet, apps, …). Asking your friends brings me to the next point.

Qualitative research (focus groups, interviews, observation) is often underestimated or overlooked. If you run a music startup and ask a DJ friend how they store and manage music, would you consider that market research? If you ask a few people to come into the office to talk about how and on what devices they store and listen to music, are you running a focus group or are you just talking to people? My suggestion, without worrying about the exact definition of market research, is to figure out as many ways as possible to inform your decision making (qual, quant, observation, reading forum posts, using competitor products, mopping up available data, web analytics, …), pick the most appropriate ones, use them in the right order.

On qual and quant specifically, talk to people in a more or less formal methodology, listen to their problems, how they react to your ideas, what they think of competitors or perceived competitors. Follow up with a survey to validate and quantify what you have heard. Two most common mistakes with surveys: One is constructing your questions without a basis for comparison (30% were somewhat or very interested in the product, means nothing. 30% preferred idea A to idea B, means something). The other is sticking your survey on a forum or emailing it to a group without considering the biases within that population and within the sample who responded. The results might be useless or worse and you probably should have stuck with qual.

2. You can’t expect consumers to do your job for you, but their input can inform your decision making. If potential users aren’t informing the process what or who is? If you start with a big hairy problem or a vision, asking consumers explicitly about it is probably of little use. Ask customers how much they want to pay and the answer will come back as close to zero. There are limitations to any information gathering or problem solving method. Knowing them is what makes you competent, working around them is what makes you good. As you break your big problem/vision down into its parts that’s when you will find specific missing pieces or decision points that consumers can inform.

3. I have often heard it said that Apple is a visionary company and they “don’t do market research”. I think it is true they don’t defer to consumers on big product decisions. No one should, coming back to point 2. I know for a fact that they do customer satisfaction surveys and I would be very surprised if they don’t do brand tracking and media effectiveness research. Unless you are in the position of a Steve Jobs you might want to generate some customer/user feedback (numbers or comments) to validate or modify your assumptions, both for yourself as well as for colleagues and potential investors. In my case personally, the alternative to doing market research is not being Steve Jobs, it is being a worse marketer. Update: The Apple Samsung trial confirms that Apple does more market research than previously thought. Not for product development but for understanding customer perception of their and competitors products

Written by Fredrik Samanta on Quora

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Data Driven: Jamaican Schools Must Use Data To Improve Performance

We started Balcostics with the mission to “empower decision makers with the required data and information to make better decisions”. It’s in this spirit that we highlight a recent presentation by Dr Maurice Smith, principal of the National College for Educational Leadership.

Data in Jamaica schools

At a gathering of principals, vice-principals and education officers across Jamaica, Dr. Smith posited that “When making decisions for everybody, somebody is going to be uncomfortable. Therefore, you have to ensure that you make decisions based on the data you have … . When you are making a decision, look at all the information you have to make that decision. If tomorrow, newer information becomes available that would make you revise the decision you made yesterday, that’s fine, but you can’t make decisions in a vacuum”.

In essence, Dr. Smith is proposing that Jamaican leaders (focusing on his sector – Education) become more data driven. Creating a data culture starts with education and Dr. Smith is on the right path. Several local industries stand to benefit significantly from better data collection, analysis and data driven decision making. As Dr. Smith concluded, “We can’t make decisions based on who we like and who we think is with us or not with us, and perceptions. The information has to be anchored in something,” – that something is ‘information’ created through the systematic collection and analysis of ‘data’.

Across the developed world, the data movement is in full swing. There are conferences, bestselling books (Big Data, Lean Analytics), business articles (“Data Scientist: The Sexiest Job of the 21st Century”), and training courses (Introduction to Data Analysis) on the value of data and how to create a data driven culture. So along with other Data evangelist like Dr. Smith, we will continue to educate and encourage local organizations, companies, SMEs, consultants, students to become more data focus.

Let’s turn Jamaica into a data driven country, where decision makers rely on data rather than feelings to make decisions. Please share if you believe in such a future

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Sunlight’s impact on lowering blood pressure

It’s common knowledge that humans get Vitamin D from the sun, but as dermatologist Richard Weller suggests, sunlight may also have another surprising benefit.

Sun light JA

New research by his team shows that nitric oxide, a chemical transmitter stored in huge reserves in the skin, can be released by UV light, to great benefit for blood pressure and the cardiovascular system. So could sunlight be good for your heart?

 

 

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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If you think money can’t buy happiness, you’re not spending it right!

Michael Norton shares fascinating research on how money can, indeed buy happiness — when you don’t spend it on yourself. happiness JAListen for surprising data on the many ways pro-social spending can benefit you, your work, and (of course) other people.

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Dare to be Different: 4 Best Practices

I was asked recently to present at a Youth Camp under the theme “Dare To Be Different”. The camp was held in the cool hills of NewPort, Manchester. I was overjoyed to share my experience with so many wonderful campers. My first question…
Should we really be different

 

I hope you feel inspired to embrace your difference! Be the change you want to see in the world.

 

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Why we make bad decisions [Video]

decision wrongDan Gilbert presents research and data from his exploration of happiness — sharing some surprising tests and experiments that you can also try on yourself. Watch through to the end for a sparkling Q&A with some familiar TED faces.

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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More women now die of heart disease than men [Research]

There are approximately 800,000 Jamaican women (20 – 64 years old) currently at risk of heart disease. Women under the age of 65, especially those with a family history of heart disease, should pay close attention to heart disease risk factors.

Heart disease in woman

Surprising, but true: More women now die of heart disease than men, yet cardiovascular research has long focused on men. Pioneering doctor C. Noel Bairey Merz shares what we know and don’t know about women’s heart health — including the remarkably different symptoms women present during a heart attack (and why they’re often missed).

 

Some Risk Factors for heart disease in women:

  1. Diabetes increases the risk of heart disease significantly more in women than in men.
  2. Metabolic syndrome — a combination of fat around your abdomen, high blood pressure, high blood sugar and high triglycerides — has a greater impact on women than on men.
  3. Mental stress and depression affect women’s hearts more than men’s. Depression makes it difficult to maintain a healthy lifestyle and follow recommended treatment, so talk to your doctor if you’re having symptoms of depression.
  4. Smoking is a greater risk factor for heart disease in women than in men.
  5. A lack of physical activity is a major risk factor for heart disease, and as a group, women tend to be less active than men.
  6. Low levels of estrogen after menopause pose a significant risk factor for developing cardiovascular disease in the smaller blood vessels (microvascular disease).
  7. Pregnancy complications such as high blood pressure or diabetes during pregnancy can increase a woman’s long-term risk of high blood pressure and diabetes and increase the risk of development of heart disease in both the mother and in her children.

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Teach statistics before calculus! Who agree?

Someone always asks the math teacher, “Am I going to use calculus in real life?” And for most of us, says Arthur Benjamin, the answer is no. He offers a bold proposal on how to make math education relevant in the digital age.

At Balcostics we specialize in using infographics, animations and other data visualization methods to present data in an engaging, easy to understand format. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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Data visualization of HIV’s complex risk factors

HIVHans Rosling unveils new data visuals that untangle the complex risk factors of one of the world’s deadliest (and most misunderstood) diseases: HIV. He argues that preventing transmissions — not drug treatments — is the key to ending the epidemic.

 

At Balcostics our mission is to empower leaders with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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9.24% increase in Hardware & Lumber share price: JSE Winners & Losers

Trading on the JSE  main market, resulted in 19 stocks being traded of which 6 experienced price gains (winners), 7 declined in price (losers) and 6 traded firm (no movement in price).

A total of 540,698 units crossed the trading floor valued at approximately $4,545,912Jamaica Money Market Brokers Limited 7.50% was the volume leader with 150,000 units (27.74%) followed by Desnoes and Geddes Ltd. with 115,666 units (21.39%) and Sagicor Group Jamaica Limited with 113,000 units (20.90%).

H&L shares

Hardware & Lumber recorded the day’s highest gain, increasing 9.24% or $0.99 to end the day at $11.7; Lime suffered the day’s greatest loss however, falling 6.4% or $0.03 to close at $0.44.

The Winners (share price increased):

Companies Closing  Price # of Shares Traded Increase ($) Increase(%)
Berger Paints Ltd. 1.67 3,321 0.01 0.60%
Hardware & Lumber 11.7 400 0.99 9.24%
Jamaica Money Market Brokers Limited 7.50% 2.01 150,000 0.01 0.50%
Jamaica Money Market Brokers Ltd. 7.24 5,593 0.04 0.56%
National Commercial Bank of Jamaica Ltd. 18.5 110,000 0.4 2.21%
Scotia Group Jamaica 21 250 0.39 1.89%

 The Losers (share price declined):

Companies Closing  Price # of Shares Traded decrease ($) Decrease(%)
Carreras Limited 33.46 7,000 -0.58 -1.7%
Desnoes and Geddes Ltd. 4.25 115,666 -0.25 -5.6%
GraceKennedy Ltd. 56.55 1,500 -0.38 -0.7%
LIME 0.44 1,019 -0.03 -6.4%
Sagicor Group Jamaica Limited 9.85 113,000 -0.37 -3.6%
Salada Foods Jamaica Limited 7.95 11,050 -0.05 -0.6%
Scotia Investments Jamaica Ltd. 24.39 3,131 -1.61 -6.2%

Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

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Sagicor Jamaica stocks close higher: JSE Winners & Losers

Trading on the main market saw 20 stocks being traded, of which 3 increased in price, 8 declined and 9 traded firm (no movement in price).

JSE shares

A total of 1,025,535 units crossed the trading floor valued at approximately $11,994,180. Scotia Group Jamaica was the volume leader with 200,740 units (19.57%) followed by National Commercial Bank of Jamaica Ltd. with 162,325 units (15.83%) and Sagicor Group Jamaica Limited with 159,005 units (15.50%).

Sagicor Group Jamaica Limited recorded the day’s highest gain, increasing 0.51% or $0.05 to end the day at $9.85; whilst Lime suffered the day’s greatest loss, falling by 6.38% or 0.03 to close at $0.44.

The Winners (share price increased):

Companies Closing  Price # of Shares Traded Increase ( $) Increase( %)
Caribbean Cement Company Ltd. 4 57,721 0.01 0.25%
Carreras Limited 35.29 45,813 0.04 0.11%
Sagicor Group Jamaica Limited 9.85 159,005 0.05 0.51%

 The Losers (share price declined):

Companies Closing  Price # of Shares Traded Increase( $) Increase( %)
Desnoes and Geddes Ltd. 4.5 84,633 -0.26 -5.46%
GraceKennedy Ltd. 56.38 2,148 -0.04 -0.07%
Jamaica Producers Group Ltd. 18.26 24,654 -0.04 -0.22%
LIME 0.44 145,196 -0.03 -6.38%
Mayberry Investments Ltd 1.71 2,665 -0.04 -2.29%
National Commercial Bank of Jamaica Ltd. 18.51 162,325 -0.49 -2.58%
Scotia Group Jamaica 20.61 200,740 -0.38 -1.81%
Seprod Limited 11 2,000 -0.18 -1.61%

Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

Get our daily JSE Review on your Blackberry (all models). Click here to download or scan QR code

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Another good day for NCB’s shares: JSE Winners & Losers   

Trading on the JSE  main market saw 11 stocks being traded of which 5 advanced (winners), 1 declined (losers) and 5 traded firm (no movement in price).

A total of 473,209 units were exchanged valued at approximately $4,086,225. Jamaica Money Market Brokers Limited 7.50% was the volume leader with 270,000 units (57.06%) followed by Sagicor Group Jamaica Limited with 77,275 (16.33%) and Carreras Limited with 32,600 units (6.89%).

NCB Jamaica shares

National Commercial Bank of Jamaica Ltd recorded the day’s highest gain, increasing 4.9% or $0.89 to end the day at $19; whilst Salada Foods Jamaica Limited was the day’s only loser, falling 12.5% or $0.25 to close at $1.75.

The Winners (share price increased):

Companies Closing  Price # of Shares Traded Increase ($) Increase(%)
Carreras Limited 35.25 32,600 0.07 0.2%
Grace Kennedy Ltd. 56.42 11,316 0.32 0.6%
National Commercial Bank of Jamaica Ltd. 19 4,300 0.89 4.9%
Sagicor Group Jamaica Limited 9.8 77,275 0.06 0.6%
Scotia Group Jamaica 20.99 27,317 0.26 1.3%

 The Losers (share price declined):

Companies Closing  Price # of Shares Traded Increase($) decrease(%)
Salada Foods Jamaica Limited 7 10,000 -1 -12.5%

Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

Get our daily JSE Review on your Blackberry (all models). Click here to download or scan QR code

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LIME shares up 4.4%: JSE Winners & Losers

Trading on the JSE  main market, resulted in 17 stocks being traded of which 4 increased in price (winners), 9 declined in price (losers) and 4 traded firm (no movement in price).

A total of 2,113,668 units were exchanged valued at approximately $6,697,386. LIME was the volume leader with 1,559,565 units (73.78%) followed by Sagicor Group Jamaica Limited with 169,254 units (8.01%) and Caribbean Cement Company with 120,553 units (5.70%).

Lime share price 2014

LIME recorded the day’s highest gain, increasing 4.44% or $0.02 to end the day at $0.47; whilst Desnoes and Geddes Ltd. registered the day’s greatest loss, falling 1.86% or $0.09 to close at $4.76.

The Winners (share price increased):

Companies Closing  Price ($) # of Shares Traded Increase ($) Increase (%)
LIME 0.47 1,559,565 0.02 4.44 %
Hardware & Lumber 10.71 9,272 0.20 1.90%
Scotia Group Jamaica 20.81 73,409 0.02 0.10%
Sagicor Investments Jamaica Limited 16.51 1,000 0.01 0.06%

 The Losers (share price declined):

Companies Closing  Price($) # of Shares Traded Decrease ($) Decrease (%)
Desnoes and Geddes Ltd. 4.76 8,125 -0.09 1.86%
Carreras Limited 35.10 40,254 -0.59 1.65%
National Commercial Bank of Jamaica Ltd. 18.15 625 -0.15 0.82%
Radio Jamaica Ltd. 1.28 3,116 -0.02 1.54%
Sagicor Group Jamaica Limited 9.77 169,254 -0.12 1.21%
Jamaica Money Market Brokers Ltd. 7.20 600 -0.05 0.69%
Caribbean Cement Company Ltd. 4.00 120,553 -0.01 0.25%
Kingston Wharves Ltd. 5.99 1,800 -0.01 0.17%

Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

Get our daily JSE Review on your Blackberry (all models). Click here to download or scan QR code

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Yes you should smile more & we have research to prove it :-)

There is a saying that goes like this, “smile a while and give your face a rest” – now, we have science to verify the validity of this statement :-). Below, Ron Gutman reviews several research studies about smiling, and reveals some surprising results.

smile (1)

  1. Did you know your smile can be a predictor of how long you’ll live?
  2. Did you know that a simple smile has a measurable effect on your overall well-being?

Prepare to flex a few facial muscles as you learn more about this evolutionarily contagious behaviour. After watching this video, we hope you will smile even more!

 

At Balcostics our mission is to empower decision makers with the required data and information to make better decisions. Learn more about our full list of research outsourcing services for individuals and companies: Click here

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What’s your views on a Happy Planet Index?

Statistician Nic Marks asks why we measure a nation’s success by its productivity — instead of by the happiness and well-being of its people. He introduces the Happy Planet Index, which tracks national well-being against resource use (because a happy life doesn’t have to cost the earth). Which countries rank highest in the HPI? You might be surprised.

 

At Balcostics we specialize in using infographics, animations and other data visualization methods to present data in an engaging, easy to understand format. Learn more about our full list of research outsourcing services for individuals and companies: Click here

Plus, get our daily JSE Reviews & other Caribbean related research articles & data visualization via our Blackberry App (all models). Click here to download or scan QR code

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Ciboney Group shares rose 25%: JSE Winners & Losers

JSE sharesTrading on the JSE  main market, resulted in 21 stocks being traded of which 8 experienced price gains (winners), 6 declined in price (losers) and 7 traded firm (no movement in price). A total of 5,604,821 units crossed the trading floor, valued at approximately $8,453,094

Ciboney Group Ltd. was the volume leader with 3,507,600 units (62.58%) followed by Jamaica Money Market Brokers Limited 7.50% with 733,393 units (13.09%) and Jamaica Money Market Brokers Limited 8.75% with 383,426 units (6.84%).

Ciboney Group also recorded the day’s highest gain, with its share price increasing 25% or $0.02 to end the day at $0.10; whilst Mayberry Investments Ltd suffered the day’s greatest loss, falling 2.7% or $0.05 to close at $1.80.

The Winners (share price increased):

Companies Closing  Price ($) # of Shares Traded Increase( $) Increase (%)
Ciboney Group Ltd. 0.10 3,507,600 0.02 25.00%
LIME 0.47 361,680 0.02 4.44%
Scotia Investments Jamaica Ltd. 26.00 1,000 0.95 3.79%
Kingston Properties Limited 4.10 121 0.10 2.50 %
Carreras Limited 35.91 3,329 0.76 2.16 %
Sagicor Group Jamaica Limited 9.89 122,600 0.14 1.44%
National Commercial Bank of Jamaica Ltd. 18.12 34,695 0.12 0.67%
Caribbean Cement Company Ltd. 4.01 10,990 0.01 0.25%

 The Losers (share price declined):

Companies Closing  Price($) # of Shares Traded Decrease($) Decrease (%)
Mayberry Investments Ltd 1.80 4,120 -0.05 2.70%
Jamaica Broilers Ltd. 4.90 32,031 -0.10 2.00%
Scotia Group Jamaica 21.01 20,450 -0.19 0.90%
GraceKennedy Ltd. 56.13 1,100 -0.44 0.78%
Seprod Limited 10.82 76,622 -0.08 0.73%
Proven Investments Limited 8% 5.08 195,800 -0.01 0.20%

Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

Get our daily JSE Review on your Blackberry (all models). Click here to download or scan QR code

Scan to download App

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Scotia Group Jamaica recorded the day’s only gain: JSE Winners & Losers

Trading on the JSE  main market, resulted in 15 stocks being traded of which only 1 increased in price (winner), 6 declined in price (losers) and 8 traded firm (no movement in price).

A total of 1,106,993 units crossed the trading floor valued at approximately $7,477,033Jamaica Money Market Brokers Limited 8.75% was the volume leader with 645,000 units (58.27%) followed by Seprod Limited with 202,000 units (18.25%)and Sagicor Real Estate X Fund Limited with 73,442 units (6.63%).

Scotia Group Shares

Scotia Group Jamaica recorded the day’s only gain, increasing by 2.17% or $0.45 to end the day at $21.20; whilst LIMEsuffered the day’s greatest loss, falling by 6.25% or 0.03 to close at $0.45.

The Winners (share price increased):

Companies Closing  Price ($) # of Shares Traded Increase($) Increase(%)
Scotia Group Jamaica 21.20 66,200 0.45 2.17%

The Losers (share price declined):

Companies Closing  Price($) # of Shares Traded Decrease( $) Decrease (%)
LIME 0.45 30,000 -0.03 6.25%
Hardware & Lumber 11.07 2,178 -0.73 6.19%
Seprod Limited 10.90 202,000 -0.15 1.36%
National Commercial Bank of Jamaica Ltd. 18.00 1,200 -0.20 1.10%
Sagicor Group Jamaica Limited 9.75 10,750 -0.02 0.20%
Carreras Limited 35.15 20,499 -0.06 0.17%

 
Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

Get our daily JSE Review on your Blackberry (all models). Click here to download or scan QR code

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Your phone company is watching

With the recent trial and conviction of popular dancehall entertainer Vybz Kartel, most Jamaicans were surprised to learn that both network providers (Digicel Jamaica & Lime Jamaica) store records of phone-calls, text messages among other personal information for several years.

According to the Interception of Communication Act, if the police has reasonable grounds that your device has information that can assist them in a criminal investigation, prevent a crime from taking place, or is in the public interest, then a judge can issue a warrant for your phone to be searched and certain information retrieved.

So the question is:

Phone companies across the world

What kind of data is your cell phone company collecting? Malte Spitz wasn’t too worried when he asked his operator in Germany to share information stored about him. Multiple unanswered requests and a lawsuit later, Spitz received 35,830 lines of code — a detailed, nearly minute-by-minute account of half a year of his life.

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Desnoes and Geddes enjoys 12.3% share price increase: JSE Winners & Losers

Trading on the JSE  main market saw 20 stocks being traded of which 7 increased in price (winners), 6 declined in price (losers) and 7 traded firm (no movement in price).

A total of 5,464,513 units crossed the trading floor valued at approximately $16,551,07. Jamaica Money Market Brokers Limited 8.75% was the volume leader with 2,827,574 units (51.74%) followed by LIME with 1,850,500 units (33.86%) and Jamaica Broilers Ltd. with 435,184 units (7.96%).

D&G jamaica

Desnoes and Geddes Ltd. recorded the day’s highest gain, increasing by 12.36% or $0.55 to end the day at $5.00; whilst Seprod Limited suffered the day’s greatest loss, falling 15% or $1.95 to close at $11.05.

The Winners (share price increased):

Companies Closing  Price ($) # of Shares Traded Increase( $) Increase( %)
Desnoes and Geddes Ltd. 5.00 2,500 0.55 12.36%
Gleaner Company 1.20 16,000 0.07 6.19%
Jamaica Broilers Ltd. 5.00 435,184 0.14 2.88%
LIME 0.48 1,850,500 0.01 2.13%
National Commercial Bank of Jamaica Ltd. 18.20 45,340 0.23 1.28%
Sagicor Real Estate X Fund Limited 6.74 4,295 0.04 0.60%
Pan-Jamaican Investment Trust Ltd. 49.61 158 0.02 0.04%

 

The Losers (share price declined):

Companies Closing  Price($) # of Shares Traded Decrease( $) Decrease( %)
Seprod Limited 11.05 150,000 -1.95 -15.00%
Scotia Group Jamaica 20.75 52,480 -0.45 -2.12%
Carreras Limited 35.21 16,950 -0.64 -1.79%
Mayberry Investments Ltd 1.85 10,720 -0.02 -1.07%
GraceKennedy Ltd. 56.57 4,500 -0.23 -0.40%
Sagicor Group Jamaica Limited 9.77 31,112 -0.03 -0.31%

Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

Get our daily JSE Review on your Blackberry (all models). Click here to download or scan QR code

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Supreme Ventures shares up 1.45 %: JSE Winners & Losers

Trading on the JSE  main market, resulted in 19 stocks being traded of which 4 experienced price gains (winners), 8 declined in price (losers) and 7 traded firm (no movement in price).

A total of 1,567,462 units crossed the trading floor valued at approximately $15,656,126. Jamaica Money Market Brokers Limited 7.50% was the volume leader with 518,400 units (33.07%) followed by Scotia Group Jamaica with 408,284 units(26.05%) and Sagicor Group Jamaica Limited with 371,496 units (23.70%).

Supreme-Ventures-shares stocksSupreme Ventures Limited experienced the day’s highest gain, increasing by 1.45 % or $0.03 to end the day at $2.10; whilst LIME suffered the day’s greatest loss, falling 2.08% or $0.01 to close at $0.47.

The Winners (share price increased):

Companies Closing  Price ($) # of Shares Traded Increase( $) Increase(%)
Supreme Ventures Limited 2.10 10,000 0.03 1.45 %
Sagicor Group Jamaica Limited 9.80 371,496 0.03 0.31 %
Jamaica Broilers Ltd. 4.86 21,050 0.01 0.21%
GraceKennedy Ltd. 56.80 2,615 0.09 0.16 %

 

The Losers (share price declined):

 Companies Closing  Price($) # of Shares Traded Decrease($) Decrease(%)
LIME 0.47 64,032 -0.01 -2.08%
Scotia Group Jamaica 21.20 408,284 -0.35 -1.62%
Kingston Wharves Ltd. 6.40 327 -0.07 -1.08%
Jamaica Money Market Brokers Ltd. 7.20 5,130 -0.02 -0.28%
Scotia Investments Jamaica Ltd. 25.05 110 -0.04 -0.16%
Salada Foods Jamaica Limited 8.00 34,025 -0.01 -0.12%
Carreras Limited 35.85 11,300 -0.02 -0.06%
National Commercial Bank of Jamaica Ltd. 17.97 59,405 -0.01 -0.06%

Written by:

Thereece StewartThereece Stewart BSc.

Thereece holds a Bachelor of Science Degree in Banking and Finance from UWI. She is accredited by the UTech/JIM-School of Advance Management with a Certificate in Jamaican Securities.

Get our daily JSE Review on your Blackberry (all models). Click here to download or scan QR code

Scan to download App

Scan to download App