Comment history

banker says...

I totally disagree with the author's posit that we should get rid of the BGSCEs. The only measure of evaluation is standardised testing. The reason that most of the students are not doing well on these exams, is because of the failure of the education system. If you fix the education system, then the BGSCEs will fix themselves. You don't kill the messenger.

banker says...

Drill away. Dere een no erl. It's just one last gasp to blow off some more stock and make them richer. I bet that in 6 weeks, there still won't be news. They gotta drag this out as long as possible for maximum stock sales before the crash.

banker says...

Canada has not had a penny for years. The way that it works, is that if the sale is paid for by debit or credit card, the exact amount is charged. If the total comes to two or one cent more than the closest 5 cents, it is rounded down to the nearest 5 cents. If it is 3 or 4 cents above the closest 5 cents then it is rounded up to the nearest 5 cents. The retailer gets evened out in the end. So if the total is say $1.92 or $1.91, the consumer pays $1.90. If it is $1.93 or $1.94, the consumer pays $1.95. There is no change to the POS software. Since it is an electronic transaction, the exact amount is paid.

banker says...

The saddest part about the Nygard story is how wrong the Tribune gets it. The headline reads that US Cops arrest Nygard. Nygard was arrested in Manitoba Canada by Canadian cops. Tribune staff make shiite up without bothering to get the story straight.

banker says...

The possibility of default is really scary. Once we default, we have to pay cash-on-the-barrel-head for food and oil imports. Not a pleasant thought. I believe the RBC person that we are closer to default than Marlon or Minnis will admit. When the first pillar of your economy is knocked out from under you, there is no way to recover. If we do default, and tourism re-opens, the tourists won't want to come to a country that is impoverished by default. The taxi drivers will not be able to afford gas. The restaurants will have limited food imports. The streets won't be safe, full of roaming jonesers looking to find money anywhere. If The Bahamas were a person, this would be like a person losing their job permanently.

banker says...

Glory Hallelujah -- someone in the Bahamas understands the penny stock game. This was never about oil -- it was finding a vehicle to flog penny stocks.

banker says...

So where is the Grand Bahama Tech Hub promised in 2017?

On Economy cannot hit 5k annual new jobs need

Posted 30 November 2020, 2:30 p.m. Suggest removal

banker says...

I am tired of saying this. There ain`t no oil. This is a junior resource penny stock play to make money off the stocks. They have been promising drilling for over 8 years. Drilling is always just around the corner. This sort of news allows the market maker to raise the stock a fraction, and the principals cash in. It`s about profits in the penny stock and not the oil.

On Views of an oil shareholder

Posted 25 November 2020, 12:20 p.m. Suggest removal

banker says...

Congratulations. Good on you! If the Bahamas is to be elevated economically, it will be because of people like you.

On Entrepreneur hits Target with scalp-care product

Posted 13 November 2020, 11:25 a.m. Suggest removal

banker says...

I am quite impressed with Jamaica lately. They have cleaned up a bit of Kingston. The airport lounges are true cultural icons. There is a lot more money around, and you can see it in the construction going on. They have a high tech center and Startup Jamaica has now a 6 year history for tech startups in conjunction with the Jamaica Development Bank, and they have successfully exported technology. In 2017, they exported $1.165 Billion US dollars in technology. They have 10 startups that are over $50 million in turnover. A Canadian company has been in St. Anne's for over 12 years, employing 97% Jamaicans. Here, our Grand Bahama Tech Hub is all talk and no action.

On Jamaican firm takes 60% of food distributor

Posted 3 November 2020, 12:20 p.m. Suggest removal