Comment history

DonAnthony says...

These are very serious allegations. Will this be properly investigated? The senior police officer should know who these hooligans are and if they had no permit charge them before the courts. We can not allow those who are simply exercising their right to free speech and protest be threatened in a democratic society.

DonAnthony says...

It is true an investor should go in with the realization that they will be a minority investor, with no real influence over the direction of the company. No doubt we need minority shareholder protection regulation in this country, that is sorry lacking just look at the mess with Bahamas supermarkets. At the same time it is an opportunity to buy into a very well run company which has a bright future. Emera purchased their last tranche of shares at $8.20 and shares are currently trading at 5.11 so on the face of it, it is a strong buy. Like all investments however, never buy anything you do not understand (and always do your own research). By the way Bahamians have been able to buy shares in gbpc through icd utilities since 1996, so you must not read the newspapers very much!

DonAnthony says...

Tal gbpc is not a wholly foreign owned company. I analyze bahamian companies for a living. 19.6% of the company is in private Bahamian hands through a publicly traded holding company called ICD utilities. If you want you can buy these shares Monday on Bisx and get your piece of the pie. This company is a great investment for any bahamian. So again, please educate yourself before you make false, ignorant statements.

DonAnthony says...

Gbpc as a private company is not in the business, nor should they be of providing welfare assistance. The govt refused to pay anything on their electrical bill for ONE Year! Needless, to say the govt paid their entire outstanding bill of over 1 million dollars in a matter of 2 days after the schools rightly were disconnected. Tal stop condoning slackness. It is sorry, misinformed apologists like you that are ruining our country. The govt must pay their bills just like private citizens.

DonAnthony says...

Thank you. Tal may be entitled to his misinformed opinion but not the facts. grand Bahama power company is a win for everyone, all around. The new modern efficient plant has allowed rates to fall much lower than at B.E.C, while providing reliable power so customers are happy. On the other hand gbpc is now profitable for the first time in many years (last year 11.8 million net income) and is on a footing to provide, relatively cheap, stable power for many years to come. All the things B.E.C is not, well on track for 30 million in losses this year!

DonAnthony says...

Tal you are either grossly misinformed or straight up lying about grand Bahama power company. First of all their rates are now much lower than B.E.C. Go to their website and educate yourself. Depending on your Kwhr usage you will pay on average 20 cents per kwhr in the base rate and the current fuel surcharge for now is just 15.96. The average total B.E.C rate in well over 40 cents per kwhr. Secondly they have a new modern plant run by an experienced private company that does preventative maintenance. Power failures have been reduced drastically, and they have far fewer outages than B.E.C. So please inform yourself and stop lying!

DonAnthony says...

I wish this practice of withholding names would stop. Why is this private? If you work for the civil service,the taxpayers ( who pay your salary and are in effect your employers) have a right to know how much they are paying you. The salary of every civil servant in this country should be public knowledge. Otherwise we have the current system where the corruption is done in the dark where it continues to flourish no end. The tribune would do a great public service by bringing this dirt into the light and name these people. Only then will it end.

DonAnthony says...

The excessive salary and benefits this Union enjoys is born on the backs of the long suffering Bahamian public. If a corporation is losing money no bonuses should be paid, period, much less a free ride of 100% pension and health insurance that this Union demands, it is simply criminal what they have done to all of us especially the poor. I hope every B.E.C Union worker thinks of the over 4000 Bahamian households this Christmas who will be without power, as they gorge themselves. Shame on them, they are simply traitors to this country who in their greed are taking all so those with little will have none.

On Sparks fly as BEC row grows

Posted 26 November 2014, 9:13 p.m. Suggest removal

DonAnthony says...

The excessive salary and benefits this Union enjoys is born on the backs of the long suffering Bahamian public. If a corporation is losing money no bonuses should be paid, period, much less a free ride of 100% pension and health insurance that this Union demands, it is simply criminal what they have done to all of us especially the poor. I hope every B.E.C Union worker thinks of the over 4000 Bahamian households this Christmas who will be without power, as they gorge themselves. Shame on them, they are simply traitors to this country who in their greed are taking all so those with little will have none.

DonAnthony says...

Does Mr. miller think we are stupid enough to believe this nonsense? Fuel surcharge is supposed to vary up or down based on the price of oil and amount of oil consumed. The govt has never said they have a fixed priced contract with shell, and suddenly in January the contract will revert to a fluctuating one based on lower world prices? Absolute hogwash. Be honest and stop ripping off the Bahamian public. What is clearly happening is for months B.EC has been paying far lees for oil and not passing on the savings to a long suffering Bahamian public. These savings are being used by the corporation to pay back bills and cover wasteful, corruption.