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Excalibur
02-23-06, - 12:04 AM
I would like to see a lot of these companies in the Bahamas whether Bahamian or non-Bahamian start to share the profits with us by offering shares.

I was glad when CIBC (now FCIB) came on board in the banking sector and offered stock and I was hoping RBC and Scotia would follow but I guess “its all for them” – Profit. Well at least Kerzner offered stock and I’m sure Baha Mar will as well.

garnelleo
02-23-06, - 12:23 AM
But doesnt it also give them (the directors) the right to decide whether they want to issue dividends or not. Thats what you mean by sharing profits right?

Rory
02-23-06, - 12:25 AM
KFC, Burger Slop, and Wenblows need to share some of the wealth (and thats not health)

Excalibur
02-23-06, - 12:36 AM
But doesnt it also give them (the directors) the right to decide whether they want to issue dividends or not. Thats what you mean by sharing profits right?

Whould you invest in a share that doest pay you dividends in a suitable manner?
When “things are tough" dividends really cant be issued without jeopardizing the integrity of the stock itself. Commonwealth Bank and Cable Bahamas (both of which I don’t have stock in or I work for) have been paying some really good and steady dividends.
Also, if you know how to trade and buy enough stock you can make money of buying low and selling high but you would have to have a lot of stock.
But back to my point; why the rest of these big boys holding out.


KFC, Burger Slop, and Wenblows need to share some of the wealth (and thats not health)

The parent company of KFC generates millions a year from KFC alone.
If you go to the Head Office and see all those awards you will see what I mean. Now they added Burger King to their portfolio. I would buy stock in that parent company because I know my Bahamian people and the sale of chicken will keep me str8 alone, not to mention the rest they own.

garnelleo
02-23-06, - 12:45 AM
Whould you invest in a share that doest pay you dividends in a suitable manner?
When “things are tough" dividends really cant be issued without jeopardizing the integrity of the stock itself. Commonwealth Bank and Cable Bahamas (both of which I don’t have stock in or I work for) have been paying some really good and steady dividends.
Also, if you know how to trade and buy enough stock you can make money of buying low and selling high but you would have to have a lot of stock.

I always wondered this. How much people buy stock for dividends vs. buying to buy low sell high vs i guess both. I always assumed persons bought stock mainly to sell at a higher price. (but i guess this is for serious stock traders). AS i got older I realized that persons are in it for the dividends as well.

So who out there owns stock and how much do you make from dividends. I am really interested in finding out.

Rory
02-23-06, - 12:54 AM
The parent company of KFC generates millions a year from KFC alone.
If you go to the Head Office and see all those awards you will see what I mean. Now they added Burger King to their portfolio. I would buy stock in that parent company because I know my Bahamian people and the sale of chicken will keep me str8 alone, not to mention the rest they own.


I know the company, i used to service all their alarm systems. But from what I know of their current security setup, I would not invest in them. They, as with Wendies, are only interested in saving as much money as they can, regardless of the degrading effect it has on the security for their clientel.

Excalibur
02-23-06, - 01:50 AM
I know the company, i used to service all their alarm systems. But from what I know of their current security setup, I would not invest in them. They, as with Wendies, are only interested in saving as much money as they can, regardless of the degrading effect it has on the security for their clientel.


This is sad to hear.
Good to hear it from someone who was on the inside.

Rory
02-23-06, - 02:17 AM
This is sad to hear.
Good to hear it from someone who was on the inside.


Yep, they can have the best alarm system in the world but if their CCTV system is crap then thats where it effects the client's security while at the establishment. Alot of the time companies only think of themselves and not the security of their clients, but both go hand in hand.

Im dealing with a contractor in the US whose client is a MacDonalds Chain, and along with actually spending money on the right product for the application (in the hundreds of thousands of dollars), they are also paying the contractor to have me develop customized remote video and Messenging software for them. That Fast Food chain obviously does alot more business than the franchises do down here though, and companies world wide can be the same when it comes to saving money while jeapordising their clients security. And after this job, there is yet another Franchise.

Basically I can walk into an establishment and tell them like it is, the facts, hence im not a salesman, but a consultant moreso. Ive been consulting companies world wide for free up to now, but now its paying off with job offers left and right from Florida to California to Ohio to NY, why do i mention the US only, cause its still an open market unlike some countries such as the UK. I don't just specialise, I live the life. No matter any personal views on matters, or stuff we talk about on here, i always keep it seperate - and i put my business above anything else.

Anyway back to the topic ... well I think the question should be which local company would you consider investing in ..

biggy
02-23-06, - 06:36 AM
If a company is publicly owned "owned by shareholders"shares may be purchased "over the counter" at a stock broker that lists them.Online purchases are possible in most cases and quite easy to do.Investigate the co.you are interesed in,find if it is publicly held,investigate which exchange lists it,find a broker and buy it.Privately held cos,are a different matter and can only be bought into privately.if allowed at all.

Tafadhali
02-23-06, - 07:14 AM
This is sad to hear.
Good to hear it from someone who was on the inside.

New name for “insider trading”


The parent company of KFC generates millions a year from KFC alone.
If you go to the Head Office and see all those awards you will see what I mean. Now they added Burger King to their portfolio. I would buy stock in that parent company because I know my Bahamian people and the sale of chicken will keep me str8 alone, not to mention the rest they own.

This is not the government their a business and its main concern should be the bottom line
Yes if they were to give th employes stock is a noble argument that would probably boost moral in the company’s employees but come on have you seen the BISX’s activity…hopeless as of this writing...they need more companies…more exposure…more vitality all around…
But honestly who want worthless penny stock whose dividends pay a measly .0 cents a quarter (4 quarters in a calendar year) in this stock market (BISX) I have no confidence in the BISX as of this writing…2 trades a month is not my idea of “Bull” market, its more “bear” than anything no bump that arid and unperforming…flatlining… Don’t get me wrong microsoft started out as a penny stock and somebody had to believe in their ability to get them where they are right now…oh how I wish I had the foresight to purchase just 25 share pre-1985 in “MSFT” I wouldn’t have to work no more…I would have already had my own cay named after me.
A company can “help” in other ways :Giving back to the community,School supply drives, Increasing the wages of workers, Benefits for employees paid vacation , health coverage, fast food really doesn’t do that.
The American parent company of KFC also owns TACO bell and Pizza Hut. the restaurant industry on the whole is so unstable I wouldn’t touch it with a ten foot pole the company may be doing well but not neccessairily the stock---anything can happen- one bad report; another finger found in some chilli or a snadwhich even if it isn’t true it still can affect the price of the stock- like how it affected wendy’s) consumers compainign about fast food chains that infamous fake chicken email going around about KFC, “blue chip” mcdonalds has suffered because of negative press and some documentary made about it.


I know the company, i used to service all their alarm systems. But from what I know of their current security setup, I would not invest in them. They, as with Wendies, are only interested in saving as much money as they can, regardless of the degrading effect it has on the security for their clientel.

Why are you putting this company on blast because they told you they didn’t want your service anymore? Get over it…but such is the nature of the beast….im not surprised…


I always wondered this. How much people buy stock for dividends vs. buying to buy low sell high vs i guess both. I always assumed persons bought stock mainly to sell at a higher price. (but i guess this is for serious stock traders). AS i got older I realized that persons are in it for the dividends as well.
So who out there owns stock and how much do you make from dividends. I am really interested in finding out.

Its stock holder…stock trader…they are different you knows
Im not getting what I thought I would out of this thread…you guys need to educate yourself in the ways of the global economy and financial markets…we are small enough there is no reason why we shouldn’t know…
How I learned about stocks is because I did a report on it in school in a public administration class of all places and I was the group leader and till this day those people love me! Lockheed martin and general dynamics I still remember we came 2nd but my whole class remember my enthusiasm because I was always commanded attention and I spoke with such passion about our group…also in high school with junior achievement with the cool sexy vp of bankofamerica (I knew he had a crush on me) and I just have a knack for it. My stock was toyrus…I remember and my stock outperformed my other classmates and I won (naturally) I think I won a ball or something…till this day I still follow toyrus…especially around Christmas time…
with all the offshore financial companies here I don’t know why they don’t show themselves in Bahamian schools more…
Your suppose to invest for the long term not short term, its better that you reinvest your dividends because if not you have to pay capitol gains taxes on them (in other jurisdictions- not the Bahamas) as well as stock broker commissions but you don’t really need them you can do it yourself…you can trade online…but I would caution you to know what your doing.
if you really want to get in the game I would research research research- why would you go into something you absolutely know nothing about?
Find out what is ranking in their industry?
How is the financial state of the company? (so many people “saw a roach” in enron and did nothing) by looking at their quarterly statements or annual reports (on any company website )
The internet is such a great resource because you can track the performance of a company and get the 52 week high and low chart/graph in an instant…
A good idea is to invest in what you use or what you like…as for instance me…I love pier1 imports so if I were to invest that would be one stock I would own…you also have to take into context its competitors too…crate and barrel…ikea…even target because they sell quality stuff, and you go from there…EVERY BAHAMIAN SHOULD OWN WALMART DISNEY And NIKE of Oregon stock!!!
note that not all companies are public…many are privately held so apt times you couldn’t buy into them…(like levis)
The NYSE website has an education portal if your interested in finding out more. There’s a wealth of knowledge out there if you want to find it out…I wake up to financial news because that’s my kind of thing and Im moving to London the world financial center…(Im so excited)
remember Slow and steady wins the race…(slogan of ariel capital a company I admire)
I don’t own any stock because quietly, I dont like to gamble my pennies so the stock market directly wont be my way to my millions but the market will make me a billionaire b/c im gonna take my company public!
Mind you im speaking from an American perspective and im still grazing the surface but its good to educate yourself on the basics of investing granted we are in the Bahamas and were isolated from investing our money abroad because of currency restrictions, regardless of the exchange controls alleviations recently carried out by the central bank were still trapped, but one day soon it wont always be like this…


Whould you invest in a share that doest pay you dividends in a suitable manner?
When “things are tough" dividends really cant be issued without jeopardizing the integrity of the stock itself. Commonwealth Bank and Cable Bahamas (both of which I don’t have stock in or I work for) have been paying some really good and steady dividends.
Also, if you know how to trade and buy enough stock you can make money of buying low and selling high but you would have to have a lot of stock.
But back to my point; why the rest of these big boys holding out.

what is the average dividend payout for any BISX company?
Does the BISX have an investor education component to their website?


If a company is publicly owned "owned by shareholders"shares may be purchased "over the counter" at a stock broker that lists them.Online purchases are possible in most cases and quite easy to do.Investigate the co.you are interesed in,find if it is publicly held,investigate which exchange lists it,find a broker and buy it.Privately held cos,are a different matter and can only be bought into privately.if allowed at all.

that was good but your talking to people who dont really understand the lingo

Alien
02-23-06, - 08:08 AM
Are we in a communist state?

Why should these companies be foreced to share their wealth with you??
:dgi:

People work hard for their money...why should they be forced to give it up, to someone who did nothing to get it?
The bible does not teach that..the bible teaches that you give out of free will,and not because the guvment says to give.

That is a lazy black man mentality..thinking that someone owes him or her something!
:taped2:

Tafadhali
02-23-06, - 08:13 AM
Are we in a communist state?
Why should these companies be foreced to share their wealth with you??
:dgi:
People work hard for their money...why should they be forced to give it up, to someone who did nothing to get it?
The bible does not teach that..the bible teaches that you give out of free will,and not because the guvment says to give.
That is a lazy black man mentality..thinking that someone owes him or her something!
:taped2:

not everyone in this country are black and company's do share their wealth with their employees if you really want to know my sisters company gave her five shares a year pre- sept 11th but they cant now because they had to cut back...and its a proven fact that if you want people to work better you give them incentives! your a national disgrace y2k

Alien
02-23-06, - 09:59 AM
not everyone in this country are black and company's do share their wealth with their employees if you really want to know my sisters company gave her five shares a year pre- sept 11th but they cant now because they had to cut back
Good for companies who share their wealth... BUT THEY DO IT OF THEIR OWN FREE WILL!!!
:dgi:
Nothing is wrong with that, but I am not in favour of being forced to share my wealth when I dont want to or because the government tells me I should.
If I want good workers to stay, I pay them more "or find a way to have them feel comfortable with what I am paying"
NO COMPANY IS OBLIGATED TO GIVE YOU ANYTHING OTHER THAN A FAIR WAGE!
Good for your sister....and I am glad she had the moral fibre to give up her stock WILLINGLY.
:shhh:

...and its a proven fact that if you want people to work better you give them incentives!
Of course it is a proven fact and we are not disputing that..but government should not force employers to give up incentives out of the realm of a fair wage and a decent retirement package.
Even a retirement package is an extra benefit..the amount they give in retirement and medical insurance are BENEFITS not requirements.
Now a fair salary should be the question...and the minimum wage and fair wages scale should be revisited, but not the bloody extras.
:mad:

your a national disgrace y2k

What in the hell is that about!:dgi:
I am going to report you...this is a shame and you my freind are the disgrace for cheapening yourself to such a petty debate.
:gi:
Well, to go on..People who think that there is a free lunch in this jungle make me sick.
Bahamians better not even put this in their minds that a free lunch is out there..or else you WILL end up like a Katrina victim.
A refugee in your own home. And every day, I see that in some people and look at where they are for thinking they are getting a free lunch!!
ZILCH!

Quit wating on the guvment or some rich person to give you a flippin hand out ..AND GET OUT AND GET YOUR OWN!
What is so hard about that good principle that some people just dont understand.??
:dgi:

Rory
02-23-06, - 11:07 AM
Why are you putting this company on blast because they told you they didn’t want your service anymore? Get over it…but such is the nature of the beast….im not surprised…



Not at all, I used to work for a company that did work for one of them, that was some time ago, as for knowing what they have now, I know from just walking in their stores, and another one of them I know the person that just put in the system. Its no business loss on my side. Also, down here, KFC, and Burger Slop are owned by the same company, while Wenblows is another.