Taking Stock - What Really Happened at Derrimon?

JOIN THE MONEY MISSION:https://moneymissionja.comGet the Money Mission Workbook: https://amzn.to/4567eL2 Derrimon Trading Chairman and Founder, Derrick Cotterell, joins us after a failed ERP implementation led to a nearly 4 billion dollar write-off and more than 2 billion in group losses for 2025. Derrimon says the system has been corrected and its turnaround has begun, but the group is still making a loss and its auditors have flagged some issues. We'll ask what went wrong, who is accountable and why shareholders should trust Derrimon's numbers now.Plus, Petrojam has been absorbing part of the increase in global oil prices instead of passing the full cost on to motorists. But the Government says Petrojam will be reimbursed - will YOU ultimately pick up the bill? Taking Stock Analyst David Rose explains.And ANSA McAL has secured access to financing of up to US$500 million - the largest-ever Caribbean financing approved by IDB Invest. But what will that growth mean for ANSA McAL's debt and its shareholders? We’ll discuss.******************OUR SEGMENTS: 0:00- Intro1:36 - What’s Hot in Business9:16 - Discussion51:35 - Market Recap55:58 - The Analysts - Petrojam reimbursement 1:07:19 - The Analysts - Ansa McAL IDB Invest financing