Agreed ....With all the details in the public domain, This group (Global Port Holdings) has a far superior bid that touches all crucial points and covers all the necessary basis for effectively Managing, Operating, Spreading the wealth to the average Bahamian, and vastly improving the infrastructure and taking the Nassau port well into the 21 century. Global Ports should win hands down
More details needed.....This article says nothings about the exact break down of equity ownership if this group wins. because Providence Advisors, which touted itself as representing 45,000 Bahamian pensioners is heading this group This is not direct individual Bahamian ownership....along with its partners namely Metro, PHD engineers, IDEA and its investment Bank ...who seams to be coming in from outside and co-opting the whole thing for their benefit......what about the equity distribution for the small man ? . Taxi drivers, artisans, hair braiders, straw vendors, surrey drivers may get more touristic traffic flow than they get today but will they be given the opportunity to purchase shares like the Global port holding proposal is offering?
While I wish the best for long island ...this development plans may just remain plans because the most world economic indicators are predicting a global economic recession beginning in 2019.
No matter who is selected as the preferred bidder for the cruise port. . The three major Investment houses involved (CFAL Royal Fidelity and Providence advisors) should come together and allow their retail and individual clients to come in with a minimun investment of $10,000 ... Investment proposals must include a component to spread the wealth to the small man
" Placement agents - had devised ways to allow small retail investors to participate." Whoever is selected as the placement agent for the cruse port RFP , the Government should Ensure the same thing is done for retail investors.
This stuff for serious investors. Unless individual Bahamians can increase their personal savings rate like the Japanese and become discipline with their finances, Investments like this will always be a pipe dream.
It was amazing to see Tiger play golf in person at Albany. He actually looks smaller in person than he does on TV. Wish he can win at least one Major in 2019....go tiger...Golf needs you.
realitycheck242 says...
Trump will be Trump no matter what his advisors tell him.
On S&P: ‘Reforms will take time to pay off’
Posted 21 December 2018, 2:30 p.m. Suggest removal
realitycheck242 says...
Agreed ....With all the details in the public domain, This group (Global Port Holdings) has a far superior bid that touches all crucial points and covers all the necessary basis for effectively Managing, Operating, Spreading the wealth to the average Bahamian, and vastly improving the infrastructure and taking the Nassau port well into the 21 century. Global Ports should win hands down
On Port bidder: ‘Majority’ of $250m for Bay St
Posted 21 December 2018, 11:55 a.m. Suggest removal
realitycheck242 says...
More details needed.....This article says nothings about the exact break down of equity ownership if this group wins. because Providence Advisors, which touted itself as representing 45,000 Bahamian pensioners is heading this group This is not direct individual Bahamian ownership....along with its partners namely Metro, PHD engineers, IDEA and its investment Bank ...who seams to be coming in from outside and co-opting the whole thing for their benefit......what about the equity distribution for the small man ? . Taxi drivers, artisans, hair braiders, straw vendors, surrey drivers may get more touristic traffic flow than they get today but will they be given the opportunity to purchase shares like the Global port holding proposal is offering?
On $225m cruise bid: ‘Everybody wins’
Posted 20 December 2018, 3:35 p.m. Suggest removal
realitycheck242 says...
While I wish the best for long island ...this development plans may just remain plans because the most world economic indicators are predicting a global economic recession beginning in 2019.
On $500m: ‘A bit overwhelming’
Posted 18 December 2018, 3:37 p.m. Suggest removal
realitycheck242 says...
No matter who is selected as the preferred bidder for the cruise port. . The three major Investment houses involved (CFAL Royal Fidelity and Providence advisors) should come together and allow their retail and individual clients to come in with a minimun investment of $10,000 ... Investment proposals must include a component to spread the wealth to the small man
On Cruise lines’ port bid: ‘This is what we do’
Posted 15 December 2018, 8:20 a.m. Suggest removal
realitycheck242 says...
Brave Davis and Fred are the number one reason why the PLP will LOOSE the next election
On Minnis & Co have ‘no clear vision for energy reform’
Posted 13 December 2018, 5:52 a.m. Suggest removal
realitycheck242 says...
" Placement agents - had devised ways to allow small retail investors to participate." Whoever is selected as the placement agent for the cruse port RFP , the Government should Ensure the same thing is done for retail investors.
On NIB in cash flow boost via $139m NAD refinancing
Posted 11 December 2018, 5 a.m. Suggest removal
realitycheck242 says...
This stuff for serious investors. Unless individual Bahamians can increase their personal savings rate like the Japanese and become discipline with their finances, Investments like this will always be a pipe dream.
On NIB in cash flow boost via $139m NAD refinancing
Posted 10 December 2018, 3:26 p.m. Suggest removal
realitycheck242 says...
It was amazing to see Tiger play golf in person at Albany. He actually looks smaller in person than he does on TV. Wish he can win at least one Major in 2019....go tiger...Golf needs you.
On EDITORIAL: Tiger burned bright but we missed an opportunity
Posted 7 December 2018, 3:26 p.m. Suggest removal
realitycheck242 says...
If that couple ha a credible case, they would file it in the Bahamas. Scam artist.
On Butler: I only gave her a hug
Posted 4 December 2018, 8:24 a.m. Suggest removal