Wazua
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Cytonn looks to list on GEMS
Rank: Elder Joined: 6/23/2009 Posts: 14,326 Location: nairobi
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A fool and his or her money shall soon be parted https://www.businessdail...534386-ysf9hs/index.html COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,382 Location: Nairobi
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[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote] Cytonn will probably hire a few shills to praise Cytonn, its projects, etc... I am going to stick with my “conservative” picks so I can continue snoring happily at night!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,326 Location: nairobi
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VituVingiSana wrote:[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote] Cytonn will probably hire a few shills to praise Cytonn, its projects, etc... I am going to stick with my “conservative” picks so I can continue snoring happily at night! You rarely sleep going by the timestamps on your posts 😁 COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/7/2012 Posts: 11,939
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[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote] This is just a crazy allegation!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,326 Location: nairobi
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Which allegation? COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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What you are implying is that if one puts their cash in a firm in the GEMS segment,they will soon loose it?
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Rank: Elder Joined: 6/23/2009 Posts: 14,326 Location: nairobi
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Chaka wrote:What you are implying is that if one puts their cash in a firm in the GEMS segment,they will soon loose it? It's likely going by the trend.. Most firms seem to be targeting easy cash.. What else would explain solid firms delisting from the main index and little known entities listing at entry price of KES 1,500 https://www.businessdail...-xhtml-hhb8of/index.html COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Chaka wrote:What you are implying is that if one puts their cash in a firm in the GEMS segment,they will soon loose it? Very risky segment You're better off investing in cryptocurrency.At least those goes up and down.The only direction for GEMS is down.
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Forgive my ignorance..if a firm joins the NSE via GEMS ,is there a leeway to "upgrade" to a "better" segment later or they will be stuck with GEMS?(choices have consequences)... whiteowl wrote:
Very risky segment You're better off investing in cryptocurrency.At least those goes up and down.The only direction for GEMS is down.
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Rank: Elder Joined: 12/7/2012 Posts: 11,939
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Chaka wrote:Forgive my ignorance..if a firm joins the NSE via GEMS ,is there a leeway to "upgrade" to a "better" segment later or they will be stuck with GEMS?(choices have consequences)... whiteowl wrote:
Very risky segment You're better off investing in cryptocurrency.At least those goes up and down.The only direction for GEMS is down.
Yap better segment of Directors' bank account!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Cytonn looks to list on GEMS
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