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Ragnor

Rose and his ppl need to quit while they ahead. If you keep taking people money and losing it someone is gonna get hurt not just the victims of the scheme but Rose himself potentially. Dude needs to return the money and learn to trade.

Ragnor

Lol the account was blown in the span of a year
lololololololololololololol.

Ragnor

decision by National Security Minister Start Young to respond today to a Facebook user with the threat of a defamation lawsuit, is causing a firestorm on social media tonight. Young is being accused of using his position to obtain information on the Facebook user. The user, with the Facebook name “...

Ragnor

GHL, NCBFH moving up with volume... Is there a GHL acquisition in the works? Scotia insurance maybe?? A 2fer1 with NCBFG buying Scotiabank Guyana? something is up.... Meanwhile my NEL gamble has been a disaster could be folks looking to cash in I see witco share split went thru as of yesterday, som...

Ragnor

I normally hate getting involved in politics but you want proof that NGC was being used as a piggy bank https://valuecritic.com/wp-content/uploads/2019/07/dividend-policy.png From 2013 to 2015 the total sum of dividend payments NGC made to the government totaled over 15 billion. This doesn't even co...

Ragnor

National Flour Mills Q3 2019 Results.

https://youtu.be/BwfzAQOEkG0

Ragnor

neilsingh100 wrote:Q3 results were horrible but seems like institutional investors not selling. I think it is a buy at 20.

Worst since IPO. IPO Price was 21 and was valued at 18 at IPO. So 18-20 is a good buy

https://youtu.be/SZu9KiKVA4Q

Ragnor

CHINA EXPANSION INTO T&T’S CONSTRUCTION INDUSTRY How China’s latest push is part of a longer-term strategy. In its latest infrastructure development, the Government of Trinidad and Tobago announced that the Curepe interchange will be built by China Railway Construction Corporation. The estimate...

Ragnor

16 cycles wrote:well to be fair, Reign might be doing well until is time to pay out....Rose was the 1st iteration...

The company is still not registered thou. So its a case of same sheit different packaging.

Ragnor

16 cycles wrote:Somebody post up the details on Rose's application to dissolve the company through the Registrar General's office...

where?

Ragnor

What happens after Nat. Gas? Talk has been they use Geo Thermal Energy (similar to what is being built in Dominica) plus the creation of a new solar park through a JV with MPC. The average cost for renewable energy is USD$0.135 kWh compared to the regional average of fossil fuel consumption of USD$...

Ragnor

I believe TGU generates most of its power from NG via 6 NG Generators It captures xs heat from the NG to power 2 steam generators This is correct. The plant consists of 6 GE gas turbines offering a combined output of 450 MW. Waste head from the exhaust are then directed to plant’s heat recovery gen...

Ragnor

Okay, so there seem to be some misconceptions in this thread so ill post a few things that know I personally. (Feel free to correct) The total power consumption of Trinidad and Tobago is around 1370 MW. In the early days power was supplied by 3 main entities, POWERGEN NORTH, POWERGEN SOUTH and TRINI...

Ragnor

Analysis of MPC Rights Issue Full Article here : https://valuecritic.com/mpc-trinidad-jamaica-clean-energy/ Concerns Beyond the risks mention in both the IPO and the rights issue prospectus, other concerns that weren’t considered are, 1) Revenue & Income Projections – seed asset utilization has ...

Ragnor

The problem is mainly two things. 1) Trinidad has an issue with people revealing their financials publicly. There is this cultural issue for many people especially those who have businesses and keep rolling over debt. Also those companies in money laundering. 2) The more financial reason has to do w...

Ragnor

Over 15 years ago, my broker told me not to buy Jamaican stock. Good thing I did not listen to him. I have cleaned up with NCB Jamaica - now JMMB since. Key rule, buy cheap and hold. I am very skeptical about Jamaican stocks (NCBJ & JMMB) given the huge increases (300% return) over last 5 years...

Ragnor

Anyone looked at Calypso Fund ? What are your thoughts on it? It depends on what you're looking for. I'm honestly taking a gamble to see if its price rebounds as energy prices recover. Q3, Jamaican companies looking good https://valuecritic.com/wp-content/uploads/2019/07/market-1.png https://valuec...

Ragnor

Given the mix of opinion, I will stick to my original point, you want the increase in margins, fine give some transparency into the industry. If you running a single station that makes EBIT $1,200 per day or close to $435,800 per year then yes I agree there is a problem. 1)But what kind of expenses ...

Ragnor

19.5 cents on 4.97 -3.9% 19.5 cents on 5.75 -3.3% 14.5 cents on 3.41 -4.2% Green Fund and Business Levy total .9% of your revenue-3,2.4, and 3.3% So you are on average 'GROSSING' 2.9% IF-you have an even spread with enough diesel. However gas sales tend to be about 70-80% of your sales- so you star...

Ragnor

EDIT - if any of the calcualtions are wrong please correct. For every $1 dollar of gas sold, dealers get $0.195 cents/liter so, for every $100 spent in premium or super on average they should get $3.638. For every $1 dollar of diesel sold, dealers get $0.145 cents/litre so, for every $100 spent in d...

Ragnor

The JMMB APO is to cover the cost of their purchase of "New Sagicor" shares. This has been in the public domain for a few months. It looks though, as if the price may come down to the rights issue range in the coming week or two. I remember being laughed at here for pushing JMMB when it w...

Ragnor

I Noticed in the table the writer rounded the ratio 5.09 shares UP to 6:1 CIF to RFHL shares and he mentioned the trust deed explicitly says shares will be rounded DOWN , if i am correct about this, the opposite of the assessment is true and unit holders are getting RFHL shares at a discount rather...

Ragnor

Rockram wrote:Anyone see an issue with these calculations?

Yah, unitholders getting screwed. Why they paying a premium on the bond and shares. Rfhl shares arent worth that much anyway. The government is getting way with that bond too.

Ragnor

DVSTT wrote:Anyone looked at Calypso Fund ? What are your thoughts on it?

It depends on what you're looking for.

Ragnor

ADDED NEW INFO - SOURCE - https://valuecritic.com/endeavour-holdings-ipo/ Concerns 1) Public Offering – the company is proposing a new issue of 1,439,744 shares to the public which represents 4.31 per cent of the 33,442,944 issued capital. Given that the company seeks to list on the Small and Medium...

Ragnor

SUMMARY OF CONCERNS ON EHL SOURCE : https://valuecritic.com/endeavour-holdings-ipo/ Spot on review. Are you the owner of valuecritic.com? Excellent site! Nah, I'm one of the writers. Yah its a good site. And here is more info for yall. Keith Daniel is the Chairman of the Audit Committee. He was man...

Ragnor

SUMMARY OF CONCERNS ON EHL

SOURCE : https://valuecritic.com/endeavour-holdings-ipo/

Ragnor

shaneelal wrote:
Rockram wrote:What you guys think of the other offering on the market... JMMB APO?

Any feedback on this? Good investment?

Analyzing EHLs financials. Will assess this before week end

Ragnor

CNG isn’t economical I hear. It economical for long distance travel but not short distances? Is this true?

Ragnor

you mean of the 4% shares they will have at least 25 persons/entities lined up already for 30%+ of the 4% you are a sharp fella Lol are you this daft. Come on you never heard about cross trading. The FCB scandal should have rung some bells on this one. That is an easy hurdle to over come with regar...