Looked it up it is now 11 consecutive quarters of losses, nine out of the last ten lost at least 10million dollars, the other quarter the loss was 9million.

Why shareholders have not demanded more accountability from management is beyond me. All they do is try to spin the numbers, talking up revenue and clamming up when anyone asks about net income. The truth is there almost assuredly is no dividend resumption next month as management has been promising for the last two years. We are on 10 consecutive quarters ( could be more at this point but I have lost track) of losses with no end in sight. Florida has not been a success, the legacy business is in decline due to Netflix etc leading to cord cutting, and what’s app and cutthroat competition with BTC has gutted Aliv’s profits. Sure they have gained market share but good luck trying to increase average revenue per user ARPU to capitalize on that.

Truth is mismanagement and overexpansion along with market forces and the unrelenting march of new technologies has decimated the profit model. Cable is trading at $2.22, one can easily argue it should be trading at half that. With 500 million in debt hard to see dividends for years. If the banks had not been lenient and renegotiated favorable repayments cable would be insolvent.

Thank you for your comment. This is exactly what I was trying to articulate and it has absolutely nothing to do with ethnicity. Why some commenters feel the need to inject race into every discussion is beyond me.

My son owes this country absolutely nothing. He is not sacrificing his life for any country period. Ask someone else to die for you. No need for exemptions, if this program is optional. In that case I am all for it, pay the participants whatever you want. This is a democracy, no one should be forced into compulsory national service.

No, no, hell no. Have an optional program but it should never be mandatory. Why should my son who comes from a good family, and has great opportunities, waste two years of his life? Send your son leave mine alone to pursue his best future.

So true. Business license fees should be calculated on net income not gross. This should have been corrected years ago. Also lower business license fees for companies that list their shares on BISX so the public can share in the success of this country as well. This would help lessen income inequality. Scotiabank does not offer shares to the Bahamian public but commonwealth bank does. Commonwealth bank should be rewarded for giving all Bahamians an opportunity to share in their success. Sadly, no one in govt has any vision or guts so will probably never happen.

This revenue shortfall is very disturbing and vat revenues underperforming has a lot to do it. It shows there is a limit to how high vat can be increased before suffering diminishing returns. I recently imported an item with only 5% customs duty but after freight charges and the vat on top of that it cost me 60% of the item’s cost. This is much too high and a discouragement to consumption.

We simply need to expand our tax base particularly focusing on taxes targeting the wealthy among us. If we had proper enforcement of property taxes this would seem one promising avenue to go. Vat is too regressive of a tax with the burden falling disproportionately on the less wealthy who are the very people most sensitive to an increase and therefore most likely to reduce consumption in the face of a vat increase. Govt needs to serious address this as a 20% shortfall in revenues is unacceptable.

Said it before and I will say it again Fred Smith is a national hero. No Bahamian is doing more to defend civil liberties and human rights in this country.

NO.

Dearest Tal would love to answer you but can not make heads or tails of what you are trying to say. Can you say it plainly, preferably in the queen’s English?