Bob’s House 56 Hope Road Kingston Jamaica 2010
(going through some pics from my past visit to jamaica.. one of the most precious times of my life.)
Lee-Chin, Chairman of NCB (National Commercial Bank, Jamaica) recently discussed the impact of NCB being listed on an international exchange, the NYSE or the TSX (Toronto Stock Exchange) in an interview. The benefits of such are;
- Being the first Caribbean company to be listed on an international exchange
- Being the First company to raise capital on a global exchange (as it will be an IPO)
- Psychological boost to the country and local companies
- Ability for NCB to be compared with their international peers (on a stock basis)… and all banks in the world, who are valued differently
- NCB would be a part of a bigger market as Jamaica has an inefficient illiquid market
- Shareholders would be able to trade shares internationally
- Shareholders would be able to borrow against those shares (margins), and at US$ rates (about 3%).
You can see the interview here http://www.allmediaservicesltd.com/seyret/videodirectlink/523-an-economic-gamechanger-for-jamaica.html
You never see it coming
and the next thing you know
unconditional love
unconditional love
she aint lookin for no diamonds
and digging for no gold
just somebody to love
unconditional love
woah
Mavado - House Top
