Comment history

DonAnthony says...

Very simple workaround. Wait until you travel to the U.S. and fill your vial and mail your package there. That’s what I did.

On Family tree chopped down by the rules

Posted 11 May 2022, 2:53 p.m. Suggest removal

DonAnthony says...

What a jackass, the sentence was not too harsh it was far too lenient, should have been 10 years. Clearly Munroe is unfit for office and should resign.

DonAnthony says...

My understanding is that Nav will be calculated from Jan 1, 2025 at which time net income will have turned positive ( after losses in 2022 and 2023 and a 100k net income in 2024 based on projections) and shareholders will be able to redeem shares if they wish. We can have great confidence in the projections (absent some black swan event like another pandemic) as over 90% of revenue is derived from the passenger facility tax which is due whether passengers disembark or not. Also the port has the discretion to increase this tax so it can be easily adjusted to ensure revenue targets are met. Based on my calculations in five years these shares will be worth over $14, so almost three times the IPO. Depending on the dividend rate paid it could bump this up significantly.

DonAnthony says...

Wonderful news. The Nassau Cruise port will be amazing when completed and as a Bahamian shareholder I am pleased and proud to see it. It is 49% bahamaian owned so we are participating in and sharing in the wealth creation of our beautiful Bahamaland. Hopefully this leads to the revitalization of downtown Nassau to the must see destination it should be for tourists and Bahamians alike.

DonAnthony says...

Wonderful, but now it is time to enact the share split shareholders were promised three years ago.

DonAnthony says...

Long Island received an ambulance yesterday….. from Aliv. Our Governments should hang their heads in shame how poorly our family island clinics are staffed and maintained.

DonAnthony says...

True on all accounts, the online application process was rather tedious.

On Investors flocked to take up port’s shares

Posted 24 December 2021, 3:23 p.m. Suggest removal

DonAnthony says...

The offering was open for a week and half to all Bahamians with a minimum subscription of just $1000. If you did not hear about it you must be living under a rock.

On Investors flocked to take up port’s shares

Posted 24 December 2021, 10:07 a.m. Suggest removal

DonAnthony says...

Tourism is back! There is so much pent up demand for travel it is unbelievable. 2022 will have the largest growth in GDP the Bahamas has experienced in the last 20 years, so dispel the gloom enjoy Xmas and get ready for better economic times.

DonAnthony says...

Not theory, practice. This year 8 out of 20 BISX listed stocks returned 20% plus ( capital appreciation plus dividends). Would you be satisfied with those returns? Royal Fidelity’s targeted equity mutual fund has returned 8.94% average annual returns over the last 7 years, and this is quite subpar to what is possible. Over the same period I have averaged annualized returns that double that. It has meant that I have retired at a very young age and brought financial comfort and security to my family. It is amazing to me the myths being spread about the performance of the local stock market and by seemingly intelligent and supposedly financially literate persons, clearly these people do not invest in BISX! If you want financial independence educate yourself on investing, and invest in our local market over a long period of time and let the magic of compound interest work for you. As Albert Einstein said the most powerful force in the universe is compound interest!