EPISODE · Aug 1, 2026 · 1H 11M
NCB Doubled in 7 Months. Lee Chin Still Owes $200 MILLION.
from Limitless · host Matthew Preston & Thaon Simms
Last year we said NCB was heading to $30. This year it is up 92% and it has passed SCOTIA to become the biggest company on the Jamaica Stock Exchange. Dr. Matthew Preston and Dr. Thaon Simms break down what actually changed, why Michael Lee Chin still owes roughly $200 million US, and the September 2026 and December 2027 deadlines that could send the stock right back down.Plus the SCOTIA going private connection, a surprising new name in the top 10 shareholders, and the one line Lee Chin said that stopped the panic cold.Chapters:00:00 If I Have To Sell The Bank I Will01:35 NCB Is Now the Biggest Company on the JSE04:20 Why the Stock Fell: The $65 APO09:14 The $300 Million Bond Backed by NCB Shares10:46 The $94 Million December Deadline14:58 The Thoma Sale and What It Hides in the PE21:14 The SCOTIA Going Private Connection33:35 A New Name Enters NCB's Top 1037:20 $2 Million Seized at Piarco Airport39:05 The 2027 Deadlines That Could Repeat History55:00 What Lee Chin's Stake Is Actually Worth1:07:04 If NCB and SCOTIA Both Delist🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com🐥 Follow us on Twitter: https://twitter.com/Limitless_pod📷 Instagram: https://www.instagram.com/limitless_pod/💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount💝 Support the podcast: https://www.buzzsprout.com/1971039/support📧 Email us: [[email protected]](mailto:[email protected])👍 If you enjoyed this episode, please like, subscribe, and share!❓ Did you buy NCB below $50 this year, or are you waiting to see what happens in September? Drop your answer in the comments!⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions.Send us Fan MailSupport the show
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Last year we said NCB was heading to $30. This year it is up 92% and it has passed SCOTIA to become the biggest company on the Jamaica Stock Exchange. Dr. Matthew Preston and Dr. Thaon Simms break down what actually changed, why Michael Lee Chin still owes roughly $200 million US, and the September 2026 and December 2027 deadlines that could send the stock right back down. Plus the SCOTIA going private connection, a surprising new name in the top 10 shareholders, and the one line Lee Chin sa...
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NCB Doubled in 7 Months. Lee Chin Still Owes $200 MILLION.
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