muganda wrote:Sober wrote:S.Mutaga III wrote:Minimum amount for investment Ksh 3000...target locked in= Wanjiku. One thing I have learned is to avoid investments tailored for Wanjiku...even in the NSE, the smart money makes the kill and Wanjiku goes home crying foul...almost always. Whenever I hear such investments meant for Wanjiku, I ignore and discourage anyone I know from investing. The best deals are hard to spot, and require effort to discover...there is no free lunch in financial markets.
Very true. why target the most uninformed lot in the fragment
Wise words; reminds one of the Safaricom debacle. Common investors need a salutory protector.
The deal was postponed. There are only two possible outcomes of this move.
1) Government officials realized that the interest rate was too high and will wait until interest rates go down. This outcome is highly unlikely.
2) "Who is who" were furious that they were locked out of such a lucrative deal (20%+). This deal will come back, repackaged, to only accommodate the big fish. The big fish realized there was no need to give Wanjiku free money. If this deal comes back, it will only be available to high networth investors and not Wanjiku. Wanjiku is designed to lose money.
A successful man is not he who gets the best, it is he who makes the best from what he gets.