wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

18 Pages«<23456>»
The Acorn Saga - Britam vs Cytonn
murchr
#31 Posted : Saturday, October 11, 2014 6:08:37 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Metasploit wrote:
murchr wrote:
Mr Market punished Britam to the max Thursday. Wacha tuone kesho


Time to buy for quick short term gains

Remember when equity CFO resigned and the stock dipped.


Fundamentally, the stock is still expensive and with the news that its losing business......mmmh!!! Maybe the seemingly "Cheap" price will play well with the psychologically.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
mlennyma
#32 Posted : Saturday, October 11, 2014 12:08:31 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I support anybody who breaks the chains of employment slavery to be on his own and create employment to others by trying new ventures,why continue channeling money to others when you can do it independently??
"Don't let the fear of losing be greater than the excitement of winning."
Mangs
#33 Posted : Thursday, October 30, 2014 11:59:09 PM
Rank: New-farer

Joined: 9/12/2014
Posts: 31
Cytonn directors' accounts now frozen. And the saga continues.

http://www.nation.co.ke/news/Br...6/-/mvg805z/-/index.html
kiwaru
#34 Posted : Friday, October 31, 2014 5:46:29 AM
Rank: Member

Joined: 8/5/2011
Posts: 125
Mangs wrote:
Cytonn directors' accounts now frozen. And the saga continues.

http://www.nation.co.ke/news/Br...6/-/mvg805z/-/index.html


The siege is on... As sharp as this quartet is, this one will make them sweat. Nothing new under the sun, though - I think they'll come out tops
VituVingiSana
#35 Posted : Friday, October 31, 2014 6:28:40 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Wow! This is going to be a dirty fight where no-one will come out clean. Will BAAM have to write off the KES 3.9bn while it waits? How does an investor/client of BAAM feel when he reads that KES 3.9bn was siphoned or mis-allocated from BAAM's accounts?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Angelica _ann
#36 Posted : Friday, October 31, 2014 7:45:41 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
What is Britam telling us about their policies, systems and risk management among 'other' issues.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
tinker
#37 Posted : Friday, October 31, 2014 9:12:28 AM
Rank: Member

Joined: 11/15/2010
Posts: 455
Location: Nairobi
Old Money vs New Money battle Royale, List of the company accounts frozen by the court order is mind boggling, did the judge consider the impact of his order which will halt activities/operations of the affected companies as the wheel of 'justice' grind at its pace.
....He who began a good work in you will carry it on to completion..
muganda
#38 Posted : Friday, October 31, 2014 9:26:07 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
tinker wrote:
Old Money vs New Money battle...


Wait, hold-up, I see the old money, 3.9bn of it. Where's the new money...

Old Money vs New Leverage
Old Money vs New Dealings
Old Money vs House of cards

And the talk of mediation, what mediation! If you've upset the funder, just return the money.
maka
#39 Posted : Friday, October 31, 2014 10:00:09 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
tinker wrote:
Old Money vs New Money battle Royale, List of the company accounts frozen by the court order is mind boggling, did the judge consider the impact of his order which will halt activities/operations of the affected companies as the wheel of 'justice' grind at its pace.


What would you have wanted him to do?Normal procedure...it would be out of the norm if he dint freeze the accounts.
possunt quia posse videntur
Realtreaty
#40 Posted : Friday, October 31, 2014 11:01:41 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
Britam runs after cytton to get what was taken from it. The best thing is that it will now punish Cytton like a mother caning a naughty son
This is what we call thieving or fraud. This is a case that would teach Cytton a lesson as CBK, CMA, Anti- corruption commission will get involved to solve and punish corporate fraud.
18 Pages«<23456>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.