Limitless

Hosted by Matthew Preston & Thaon Simms

Business Investing Education

Website RSS feed

Episodes

201

Latest episode

Aug 2026

Language

EN-US

About the show

Just 2 best friends talking about their interests which just happen to be finance

Listen to episodes

60 recent

August 14, 20261 hr 7 min

Is TransJamaican Highway On Its Way to $30?

🚀 TransJamaica Highway (TJH) is up roughly 160% year-to-date—but after such an explosive run, how much higher can it really go? And with the possibility of shareholders receiving somewhere in the region of J$4 billion in cash, could TJH be heading toward its biggest dividend yet? 💰📈 In this episode of the Limitless Podcast, Dr. Matthew Preston and Dr. Thaon Simms break down one of the hottest stocks on the Jamaica Stock Exchange 🇯🇲. They examine TJH’s incredible rise from its original listing price to nearly $13, the surge in trading activity, institutional and pension-fund demand, and whether buying around $12 still makes sense. 🛣️ The conversation also goes beyond the next dividend. Could the Montego Bay Perimeter Road, future highway concessions, higher toll rates, and an expanded Jamaican road network create another major growth phase for TransJamaica? The guys also debate dividend yield versus capital gains, profit-taking after a huge rally, TJH’s massive buy and sell queues, potential stock splits, and whether this could become one of those Jamaican stocks investors hold for decades. 💎 Is TJH still a buy—or has the market gotten ahead of itself? 📊 Highlights & Chapters: 0:00 - 5:43 | 🚀 TJH’s 160% Rally and the Long-Term Run 5:43 - 13:22 | 🔥 Is TransJamaica Getting Too Hot 13:22 - 20:40 | 💰 Dividends Pension Funds and Institutional Demand 20:40 - 28:20 | 🛣️ Montego Bay Perimeter Road Opportunity 28:20 - 36:45 | 🌴 How New Highways Could Transform TJH 36:45 - 44:19 | 📊 Estimating Revenue From Future Toll Roads 44:19 - 49:16 | 📉 Profit Taking and Who Is Selling TJH 49:16 - 55:02 | 💵 Dividend Yield vs Capital Gains 55:02 - 1:01:18 | 📈 Buy Queue Valuation and Stock Split Debate 1:01:18 - 1:06:00 | What TJH’s Rally Means for Jamaican Investors 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Stay connected on Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 👍 If you enjoyed this episode, please like, subscribe, and share! ❓ Are you buying TJH around $12, holding for the long term, or taking profits after the 160% run? Let us know in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

August 7, 202657 min

JFP's CEO Reveals the Turnaround Plan—Will It Work?

🪑 JFP Limited has manufactured furniture for Jamaican restaurants, hotels, government offices and commercial spaces for more than 40 years—but many customers have used its products without knowing the company behind them. In this episode of the Limitless Podcast, 🎙️ Dr. Matthew Preston and Dr. Thaon Simms sit down with JFP CEO Andrea Melis to examine the company’s operational turnaround, growing project pipeline and plans for expansion across Jamaica, the wider Caribbean and Central America. Andrea explains how JFP increased its potential project pipeline from approximately J$300 million to J$2.2 billion 📈, improved its quotation success rate, changed its pricing model and began prioritizing larger, more profitable contracts. The conversation also explores: 🏭 The products JFP manufactures and the major brands it serves 🌏 Lessons Andrea learned during nearly 30 years in Asia ⚡ The cultural and operational changes being introduced at JFP 💼 Why the company is becoming more selective about new projects 💰 How deposits, project completion and revenue recognition work 📊 Why JFP’s quarterly financial results can appear uneven 🌴 Opportunities across the Caribbean and Central America 🤝 The status of JFP’s relationship with Total Office 📈 Andrea’s outlook for the company and its shareholders 📊 Highlights & Chapters: 0:00 - 1:35 | 🎙️ Introducing JFP CEO Andrea Melis 1:35 - 6:15 | 🌍 From Italy and Asia to Leading JFP in Jamaica 6:15 - 14:30 | 🪑 What JFP Manufactures and Where You See Its Work 14:30 - 19:00 | 🌏 Asian Business Lessons and JFP’s Operational Reset 19:00 - 25:45 | ⚡ Changing JFP’s Culture and Increasing Reaction Speed 25:45 - 31:35 | 📈 Growing the Pipeline and Saying No to Smaller Jobs 31:35 - 39:10 | 💰 The J$2.2B Pipeline Deposits and Revenue Recognition 39:10 - 44:10 | 🌴 Revenue Growth and Caribbean Expansion Opportunities 44:10 - 49:40 | 📊 Andrea’s Message to JFP Investors and Shareholders 49:40 - 53:35 | 🏭 Managing Project Delays Capacity and Production 53:35 - 58:48 | 🤝 Total Office Partnership JFP’s Future and Closing 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Stay connected on Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 👍 If you enjoyed this episode, please like, subscribe, and share! ❓ Do you believe JFP’s J$2.2 billion pipeline and operational reset can translate into sustainable profitability? Share your thoughts in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

August 1, 20261 hr 11 min

NCB Doubled in 7 Months. Lee Chin Still Owes $200 MILLION.

Last year we said NCB was heading to $30. This year it is up 92% and it has passed SCOTIA to become the biggest company on the Jamaica Stock Exchange. Dr. Matthew Preston and Dr. Thaon Simms break down what actually changed, why Michael Lee Chin still owes roughly $200 million US, and the September 2026 and December 2027 deadlines that could send the stock right back down. Plus the SCOTIA going private connection, a surprising new name in the top 10 shareholders, and the one line Lee Chin said that stopped the panic cold. Chapters: 00:00 If I Have To Sell The Bank I Will 01:35 NCB Is Now the Biggest Company on the JSE 04:20 Why the Stock Fell: The $65 APO 09:14 The $300 Million Bond Backed by NCB Shares 10:46 The $94 Million December Deadline 14:58 The Thoma Sale and What It Hides in the PE 21:14 The SCOTIA Going Private Connection 33:35 A New Name Enters NCB's Top 10 37:20 $2 Million Seized at Piarco Airport 39:05 The 2027 Deadlines That Could Repeat History 55:00 What Lee Chin's Stake Is Actually Worth 1:07:04 If NCB and SCOTIA Both Delist 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: [limitlesspodcastja@gmail.com](mailto:limitlesspodcastja@gmail.com) 👍 If you enjoyed this episode, please like, subscribe, and share! ❓ Did you buy NCB below $50 this year, or are you waiting to see what happens in September? Drop your answer in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

July 24, 20261 hr 29 min

The Truth About IPOs On The Jamaica Stock Exchange

You applied for the IPO, got your allotment, then watched the stock sink below the offer price. You're not alone. Dr. Matthew Preston and Dr. Thaon Simms pull real numbers on the last 10 JSE listings and find most left investors underwater. From WIPT's 1824% gain that isn't what it looks like, to Quantus Capital's shaky first week, plus Woodcats, R.A. Williams and Image Plus, they break down who really gets your IPO money and the four questions to ask before the next prospectus drops. Chapters: 00:00 Why Your IPO Allotment Never Popped 04:14 What an IPO Actually Is 09:31 New Shares vs Insiders Cashing Out 13:56 The 4 Questions to Ask Before Any IPO 15:55 The Last 10 JSE IPOs Scoreboard 18:07 Qu antus Capital: Heading Below IPO Price? 23:17 Woodcats at 56 Cents: Time to Buy? 25:56 R.A. Williams: From $1.00 to 34 Cents 29:28 Image Plus: Acquisitions, Debt and the Big Move 58:50 One Great Studio: How AI Broke Their Biggest Bet 1:09:51 One on One: The AI Education Play 1:16:30 Regency Petroleum and How to Gauge IPO Demand 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: limitlesspodcastja@gmail.com 👍 If you enjoyed this episode, please like, subscribe, and share with a friend who applies for every IPO! We're closing in on 3,000 subscribers. ❓ Which JSE IPO have you bought into, and did it pop or flop? Drop the name in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

July 17, 20261 hr 5 min

DERRIMON'S $3.77 BILLION WRITE OFF: 28 Years of Profit ERASED

What happens when a $3.77 billion accounting write off wipes out nearly thirty years of profit? Dr. Matthew Preston and Dr. Thaon Simms dig into the Derrimon Trading suspension, breaking down the ERP system failure, the inventory losses, and the leadership change nobody saw coming. From Sampars supermarkets to the Draxhall land sale, they map out how Derrimon plans to survive, and whether the stock is worth buying when trading resumes. Chapters: 00:00 Introduction and Why This Episode Matters 02:04 What Derrimon Trading Actually Does 05:02 Woodcats CFF and the Other Subsidiaries 12:53 Timeline of the Delayed Audit 19:02 Why the JSE Suspended Derrimon Shares 20:24 Inside the ERP System Failure 24:21 The 3.77 Billion Write Off Explained 28:35 28 Years of Retained Earnings Wiped Out 36:19 The 2021 APO and the Warning Investors Missed 44:52 The New York Supermarket Roof Collapse 47:00 Selling Assets to Pay Down Debt 1:00:11 Is Derrimon a Buy When Trading Resumes 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: limitlesspodcastja@gmail.com 👍 If you enjoyed this episode, please like, subscribe, and share! ❓ Would you buy Derrimon stock when trading resumes, or is it too risky? Drop your thoughts in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

July 10, 20261 hr 10 min

The Ex JPS CEO Betting Everything On A $60 Million Solar Farm

Six years ago, Emmanuel DaRosa walked away from running Jamaica's power grid to bet his own money on the sun. Now the ex JPS CEO is building SUNTERRA's $60 million Midnight Sun project, engineered to survive the exact kind of storm that just wiped out a rival solar farm. Dr. Matthew Preston and Dr. Thaon Simms dig into how DaRosa structured the deal, why Jamaica is falling behind its 2030 renewable energy target, and whether SUNTERRA could eventually list on the JSE. Chapters: 00:00 Introduction 00:37 From Portugal To Canada: An Unlikely Path To Jamaica 05:14 The Secret Recruitment To Become JPS CEO 13:48 Why Saying Yes Built His Career 17:34 The Renewable Projects JPS Rejected 21:47 Leaving JPS To Bet Everything On SUNTERRA 22:57 Inside The Midnight Sun Project 28:52 Bidding For Jamaica's Next 220 Megawatt Deal 33:45 Why A Rival Solar Farm Didn't Survive Hurricane Melissa 43:45 The $60 Million Financing Behind SUNTERRA 48:51 A Future JSE Listing? 59:16 Why Jamaica Won't Hit Its 2030 Renewable Goal 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: limitlesspodcastja@gmail.com 👍 If you enjoyed this episode, please like, subscribe, and share! ❓ Do you think SUNTERRA should list on the JSE once it's up and running? Drop your thoughts in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

July 3, 20261 hr 49 min

Earnings Season Review Q2 2026

Carreras just posted an 80% profit surge and a $30 share price, but is a buyout next? Dr. Matthew Preston and Dr. Thaon Simms break down what's really driving the numbers, plus seven more JSE stocks worth watching this quarter. From Fesco's record fuel profits to Tropical Battery's failed capital raise, Omni's hurricane fueled growth, and why Elite Diagnostic just hit a fresh 52 week low. If you're holding JSE stocks, this recap tells you what actually matters. Chapters: 00:00 Introduction and Market Roundup Kickoff 01:51 CARRERAS: The 80% Profit Surge and $7 Billion Revenue Story 19:23 Illicit Cigarettes, Vapes, and Could CARRERAS Go Private? 33:27 LAB JAMAICA's Streaming Deals With Amazon, Apple TV and Tubi 1:14:36 FESCO's Record Year as Middle East Tensions Spike Fuel Prices 1:26:50 RPL's 75% Profit Jump and the Yadman LPG Acquisition 1:32:34 OMNI INDUSTRIES Profits Double on Hurricane Melissa Rebuild 1:46:00 ELITE DIAGNOSTIC Hits a 52 Week Low: What Went Wrong 2:00:16 WOODCATS Down Over 20% Since Its IPO 2:08:46 TROPICAL BATTERY's Failed $1.79 Billion Capital Raise 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: limitlesspodcastja@gmail.com 👍 If you enjoyed this episode, please like, subscribe, and share! ❓ Which of these JSE stocks are you watching most closely right now? Drop your pick in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

June 26, 202656 min

Building a $1 Million JSE Portfolio From Scratch in 2026

What would you do if someone handed you a million dollars to invest on the Jamaica Stock Exchange today? Dr. Matthew Preston and Dr. Thaon Simms each build a portfolio from scratch with one goal: 30% returns by December 2026. From a Chinese car company trading under $3 to a film production stock at an all time low, they walk through every pick, stress test each other's logic, and debate which bets are worth the risk. Whether you're starting with $100K or $10K, this is the framework that matters. Chapters: 00:00 Introduction and the Million Dollar Rules 01:30 Setting the 30% Target by December 03:50 Thaon's Pick: JETCON and the Chinese Car Boom 09:07 Stress Testing the Jetcon Thesis 14:15 Preston's Pick: The Lab at an All Time Low 27:30 Can You Even Buy $1M of Lab Stock? 33:35 Hunting for the Next Pick 38:00 Thaon's Pick: Select MD and the 55% Arbitrage Gap 43:50 Preston's Pick: Atlantic Hardware and the Rebuild Play 49:00 Why Construction Demand Hasn't Even Started Yet 53:30 Trans Jamaica and the People's Champion 55:30 Final Predictions and End of Year Follow Up 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: limitlesspodcastja@gmail.com 👍 If you enjoyed this episode, please like, subscribe, and share with someone building their JSE portfolio this year! ❓ If you had a million dollars to invest on the JSE right now, what's your first pick? Drop it in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

June 19, 202649 min

Why Scotiabank Delisting May Be The Worst Thing For The JSE

What happens when one of Jamaica's oldest banks decides it no longer wants public shareholders? Dr. Matthew Preston and Dr. Thaon Simms break down Scotia Group Jamaica's $61.50 per share buyout offer and the $56 billion scheme of arrangement that would take the bank private after 137 years on the JSE. They unpack the difference between a takeover bid and a scheme of arrangement, question whether the price reflects fair book value, and explore a possible arbitrage play before the deal closes. Chapters: 00:00 The $61.50 Number Every Scotia Shareholder Needs to Know 00:32 Why Scotia Group Wants to Leave the Jamaica Stock Exchange 02:53 Inside the Notice: Breaking Down the $56 Billion Buyout 05:20 Is NCB Next? The Domino Effect Theory 09:13 Who Actually Owns Scotia: NIF, Sagicor, and Donovan Lewis 11:58 Takeover Bid vs Scheme of Arrangement Explained 21:06 The Liquidity Question: Is There an Arbitrage Play Here 30:17 The Book Value Math: Why $61.50 Might Be Too Low 31:58 Remembering Mr. Staple's Shareholder Activism 34:12 Where Will Scotia's $56 Billion Go Next 38:57 CIBC Sells, Scotia Buys: Two Bank Deals, Opposite Directions 46:54 Final Verdict: Would They Buy Scotia Stock Now 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: limitlesspodcastja@gmail.com 👍 If you enjoyed this episode, please like, subscribe, and share with anyone holding Scotia shares! ❓ Are you a Scotia shareholder? Would you take $61.50 a share, or are you holding out for more? Drop your thoughts in the comments! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show

June 12, 202638 min

SVL and the World Cup: The JSE Play Nobody Is Talking About

Jamaica didn't make the World Cup, but one JSE stock still wins big. Dr. Matthew Preston and Dr. Thaon Simms break down how Supreme Ventures' sports betting arm, JustBet, could see its profits double in 2026 just like they did in Qatar 2022, when sports betting revenues jumped from $681 million to $1.2 billion. They dig into SVL's Ghana expansion, their integrated SV Games platform, and whether this is the sleeper JSE play of the year. Chapters: 00:00 Jamaica's World Cup Miss and SVL's Opportunity 01:30 How JustBet and Supreme Ventures Make Money 05:00 Sports Betting vs Lottery: Breaking Down SVL's Revenue 09:00 The Qatar 2022 Effect: How Profits Doubled Last World Cup 13:00 Polymarket and the Future of Sports Betting 17:00 SVL's Ghana Expansion and Regional Ambitions 22:00 Which Other JSE Companies Benefit From the World Cup 27:00 World Cup Predictions and Final Thoughts 🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com 🐥 Follow us on Twitter: https://twitter.com/Limitless_pod 📷 Instagram: https://www.instagram.com/limitless_pod/ 💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount 💝 Support the podcast: https://www.buzzsprout.com/1971039/support 📧 Email us: limitlesspodcastja@gmail.com 👍 If you enjoyed this episode, please like, subscribe, and share with someone building their 2026 portfolio! ❓ Do you think SVL is a buy heading into the World Cup? Drop your pick in the comments below! ⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions. Send us Fan Mail Support the show