You can tank former pm HAI for that no minimum salary deduction policy decision in 1992. That was the beginning of the destruction of the middle class. After the drug era of the 1980's Bahamians who fell for that policy and maxed out their salary with deductions unknowingly threw financial sacrifice and discipline out of the proverbial window to satisfy the greedy banks and credit unions thus forfeiting the chance to invest and create meaningful wealth for themselves. We need to learn from and develope the mindset of the chinese and think in generational terms. Instead we choose to run to Miami for shopping every chance we get and engage in habits for instant pleasure to a large degree.
The principles at AML needs to do the honorable thing and offer the outstanding authorized shares in this company to the Bahamian people and especially the people of Exuma. Share the wealth.
Mr Anderson, become an advocate for BISX of which your company is a major share holder to change the archaic rule which causes BISX to have wild fluctuations in share prices after a single small individual or retail investor decides to off load a bare minimum of one thousand shares. Only then will investors get excited and many of them will decide to enter the market thus reducing the 2 billion that's stuck in bank deposits. YTD the stock market in the Bahamas has plummeted by 8.8% Percent and the BISX all share index closed down 185.75 points last month. it is mostly due to that one archaic rule instead of the listed companies valuations during this pandemic .Bahamians investors do have a risk averse mind set, but that is a historic way of thinking for us. Only better knowledge about investing and the future stability of BISX will change their way of thinking. At this time the bank deposit rates are modest and is likely to remain that way for the near term future. BISX valuations does not look promising for the next 12 months or as long as the pandemic persist, BISX performance has to become demonstrably pronounced in a positive direction or many Bahamians are not likely to venture into the stock market.
This is another opportunity to get rid of all the shanty structures at potters cay and build standardize stone stalls with proper running water and toilets. These stall can then be insured. The present eye sore that presently exist does present a good view for the many guest who use the Bridge every day. . If PGW can be upgraded so should potters cay.
Cable Bahamas established a policy last month where the company buy's its own shares on BISX to boost share prices .Commonwealth Bank can do like wise. The reduction in share prices is due to the fact that the smaller retail investors are off loading and liquidating shares due to financial demands caused by the pandemic.
realitycheck242 says...
You can tank former pm HAI for that no minimum salary deduction policy decision in 1992. That was the beginning of the destruction of the middle class. After the drug era of the 1980's Bahamians who fell for that policy and maxed out their salary with deductions unknowingly threw financial sacrifice and discipline out of the proverbial window to satisfy the greedy banks and credit unions thus forfeiting the chance to invest and create meaningful wealth for themselves. We need to learn from and develope the mindset of the chinese and think in generational terms. Instead we choose to run to Miami for shopping every chance we get and engage in habits for instant pleasure to a large degree.
On Clearing banks
Posted 22 April 2021, 7:53 a.m. Suggest removal
realitycheck242 says...
They are a bunch of brokees just looking to get they hand in the cookie jar
On $200m capital raising eyed for ‘bigger year’
Posted 21 April 2021, 4:13 p.m. Suggest removal
realitycheck242 says...
The principles at AML needs to do the honorable thing and offer the outstanding authorized shares in this company to the Bahamian people and especially the people of Exuma. Share the wealth.
On Exuma acquisition first step in AML’s $250m sales drive
Posted 16 April 2021, 5:27 p.m. Suggest removal
realitycheck242 says...
Mr Anderson, become an advocate for BISX of which your company is a major share holder to change the archaic rule which causes BISX to have wild fluctuations in share prices after a single small individual or retail investor decides to off load a bare minimum of one thousand shares. Only then will investors get excited and many of them will decide to enter the market thus reducing the 2 billion that's stuck in bank deposits. YTD the stock market in the Bahamas has plummeted by 8.8% Percent and the BISX all share index closed down 185.75 points last month. it is mostly due to that one archaic rule instead of the listed companies valuations during this pandemic .Bahamians investors do have a risk averse mind set, but that is a historic way of thinking for us. Only better knowledge about investing and the future stability of BISX will change their way of thinking. At this time the bank deposit rates are modest and is likely to remain that way for the near term future. BISX valuations does not look promising for the next 12 months or as long as the pandemic persist, BISX performance has to become demonstrably pronounced in a positive direction or many Bahamians are not likely to venture into the stock market.
On Bahamas told: Break $2bn banking logjam
Posted 16 April 2021, 4:46 p.m. Suggest removal
realitycheck242 says...
This is another opportunity to get rid of all the shanty structures at potters cay and build standardize stone stalls with proper running water and toilets. These stall can then be insured. The present eye sore that presently exist does present a good view for the many guest who use the Bridge every day. . If PGW can be upgraded so should potters cay.
On GONE IN MINUTES
Posted 13 April 2021, 9:11 a.m. Suggest removal
realitycheck242 says...
Smith is a Traitor who should be striped of his Bahamian citizenship
On ‘ERADICATION’: Smith accuses Govt of racist plan to wipe out Haitian communities
Posted 26 March 2021, 9:42 a.m. Suggest removal
realitycheck242 says...
Well if super value food sales are in "free fall" as reported by Mr Roberts, what do you expect from the little guys on the food sales block .
On Food retailers suffer up to 50% sales fall
Posted 25 March 2021, 10:46 a.m. Suggest removal
realitycheck242 says...
Cable Bahamas established a policy last month where the company buy's its own shares on BISX to boost share prices .Commonwealth Bank can do like wise. The reduction in share prices is due to the fact that the smaller retail investors are off loading and liquidating shares due to financial demands caused by the pandemic.
On BISX Index off over 100 points in just 11 days
Posted 24 March 2021, 3:04 p.m. Suggest removal
realitycheck242 says...
Bardge the garbage back to florida.
On Cruise port’s $3.5m ‘icing on the cake’
Posted 22 March 2021, 2:30 p.m. Suggest removal
realitycheck242 says...
Interesting stuff
On Crowdfund ‘nursery’ targets $800m gap for start-up funding
Posted 19 March 2021, 7:27 a.m. Suggest removal