Comment history

realitycheck242 says...

Some of the failed IPO s that come to my mind in the Bahamas recent history include RND cinemas, Benchmark Bahamas LTD,, Freeport Concrete was also a major failure and Bank of the Bahamas. You are right in saying city market was a failure, there is hope still for BOB if the political interference is removed from that institution. . Cable Bahamas can also be considered failure with the absence of divididend payment over the last few years

On Super Value chief says ‘no’ to WTO

Posted 9 April 2019, 1:01 p.m. Suggest removal

realitycheck242 says...

Banker. as usual while the world moves forward. The Bahamas plays catch up. Tell me do you care to become a government advisor on what should be included in the DARE bill and give back because i dont think they would even consider paying you for your services..

realitycheck242 says...

Meanwhile with the amount of Chinese stores popping up in the retail sector and Chinese businesses in other areas, one can easily conclude that the WTO assention has already arrived

On Super Value chief says ‘no’ to WTO

Posted 8 April 2019, 6:24 p.m. Suggest removal

realitycheck242 says...

This would be a great move. Commonwealth Bank initiated their IPO in 2000 because pop wife sold a portion of her large share holding in the bank. With the thinking of the likes of Mr Roberts. It may take one of his kids to finally decide to go the IPO route for super value because his mind set is colonial and he does not beleave in spreading the wealth to the masses. Joining the WTO may just be the thing that forces his hand.

On Super Value chief says ‘no’ to WTO

Posted 8 April 2019, 6:15 p.m. Suggest removal

realitycheck242 says...

Mr Roberts can see that his Super Value chain will go the way of City Markets as soon as the Bahamas joins the WTO. Market forces will prevail with the likes of US giants Publix and Kroger waithing in the wings

On Super Value chief says ‘no’ to WTO

Posted 8 April 2019, 3:44 p.m. Suggest removal

realitycheck242 says...

Brave them need to sit small and watch the investment results pile up for every island. These kind of results happen because Bahamians wised up and changed the status quo and put a doctor in charge. Them lawyers like brave been talking fool to the people for too long. The Bahamian population are no longer interested in the PLP foolishness

realitycheck242 says...

Big feather in the Minnis Governent cap and for the people of Grand Bahama. My only concern is would the Government be charging the RC/ITM group **stamp tax** on the 65 million sale price of this transaction.or is the Stamp Tax apart of the many concessions given to close the deal.

realitycheck242 says...

Take it or leave it. Yourll trying to swing the government. Mean while the culprit is Hutchison Whampoa thats where they should take their case.

On Lucayan managers ‘just want justice’

Posted 27 March 2019, 3:35 p.m. Suggest removal

realitycheck242 says...

One of the reasons the wynn group walked away from the grand lucayan hotel was because he could not get the horse and carriage from the government. Any new winner will negotiate for the horse carriage and customers and that's what the government is prepared to give away for a deal. They just want the operating burden from around their neck.

On Decision imminent on Lucayan deal

Posted 26 March 2019, 12:23 p.m. Suggest removal

realitycheck242 says...

Thanks for your response Chargé d’Affaires Stephanie Bowers. Let them know that the Bahamas is not to be treated like Taiwan in a stealth way.by using economic might to influence our government policy and decisions. The Bahamas will not go the way of the countries who have signed up for the "Belt and road Initiative" and are now saddle with depth and have to sign over ownership of national assets to china.