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Cytonn Listing at NSE
Rank: Elder Joined: 12/7/2012 Posts: 11,941
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A general observation is that this Cytonn listing, if done in the next year or so, would be one of the fastest listing of a company, since its incorporation. 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: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Angelica _ann wrote:A general observation is that this Cytonn listing, if done in the next year or so, would be one of the fastest listing of a company, since its incorporation. Listing threshhold for GEMS are really low i.e. 1. 10 million paid up capital - The price of a two bedroom apartment in middle class Nairobi Estates; 2. Operation for 1 year or more - It's almost an year since Sonko became Governor and he still has no deputy. With such low threshhold we should be expecting over 1,000 SMEs firms to have listed by now. What Cytonn want to do is neither remarkable nor wonder inspiring. They just want to list an SME firm which many businesses should have done by now. Now to my personal opinion. Dande and Co. are young sharp minds. They plans and ambitions are bigger than the Cytonn container. In other words there is alot of potential in Cytonn. It is easier to sell potential to VCs than to Wanjiku. This is obvious from the number of companies that list with lofty valuations but are brought back to reality by Mr Market. A good example is Home Afrika. Valued at 12 on listing but 5 years later, despite growing their balance sheet, the market values them at sub 1 bob. They only raised 1/3 of a 900m bond issue. Other examples abound like Transcentury and EA Cables. Consequently IMO listing too soon will kill the company. They better grow the company with Smart Money and exit later because Wanjiku does not believe in dreams. Life is short. Live passionately.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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If this market allowed shorting shares, I'd sell Cytonn until the ponzi collapses (as all ponzis do). The profits would be like a NYS tender!! LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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KulaRaha wrote:If this market allowed shorting shares, I'd sell Cytonn until the ponzi collapses (as all ponzis do). The profits would be like a NYS tender!!
LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL You need some positivity in your life... Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
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sparkly wrote:Angelica _ann wrote:A general observation is that this Cytonn listing, if done in the next year or so, would be one of the fastest listing of a company, since its incorporation. Listing threshhold for GEMS are really low i.e. 1. 10 million paid up capital - The price of a two bedroom apartment in middle class Nairobi Estates; 2. Operation for 1 year or more - It's almost an year since Sonko became Governor and he still has no deputy. With such low threshhold we should be expecting over 1,000 SMEs firms to have listed by now. What Cytonn want to do is neither remarkable nor wonder inspiring. They just want to list an SME firm which many businesses should have done by now. Now to my personal opinion. Dande and Co. are young sharp minds. They plans and ambitions are bigger than the Cytonn container. In other words there is alot of potential in Cytonn. It is easier to sell potential to VCs than to Wanjiku. This is obvious from the number of companies that list with lofty valuations but are brought back to reality by Mr Market. A good example is Home Afrika. Valued at 12 on listing but 5 years later, despite growing their balance sheet, the market values them at sub 1 bob. They only raised 1/3 of a 900m bond issue. Other examples abound like Transcentury and EA Cables. Consequently IMO listing too soon will kill the company. They better grow the company with Smart Money and exit later because Wanjiku does not believe in dreams. In the current shareholding set up. Did Dande, Nkukuu and Wanjama each fully pay up for their shares or do they want to sell what they never did buy? A crypto kind of ICO in the name of GEMS COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:Angelica _ann wrote:A general observation is that this Cytonn listing, if done in the next year or so, would be one of the fastest listing of a company, since its incorporation. Listing threshhold for GEMS are really low i.e. 1. 10 million paid up capital - The price of a two bedroom apartment in middle class Nairobi Estates; 2. Operation for 1 year or more - It's almost an year since Sonko became Governor and he still has no deputy. With such low threshhold we should be expecting over 1,000 SMEs firms to have listed by now. What Cytonn want to do is neither remarkable nor wonder inspiring. They just want to list an SME firm which many businesses should have done by now. Now to my personal opinion. Dande and Co. are young sharp minds. They plans and ambitions are bigger than the Cytonn container. In other words there is alot of potential in Cytonn. It is easier to sell potential to VCs than to Wanjiku. This is obvious from the number of companies that list with lofty valuations but are brought back to reality by Mr Market. A good example is Home Afrika. Valued at 12 on listing but 5 years later, despite growing their balance sheet, the market values them at sub 1 bob. They only raised 1/3 of a 900m bond issue. Other examples abound like Transcentury and EA Cables. Consequently IMO listing too soon will kill the company. They better grow the company with Smart Money and exit later because Wanjiku does not believe in dreams. In the current shareholding set up. Did Dande, Nkukuu and Wanjama each fully pay up for their shares or do they want to sell what they never did buy? A crypto kind of ICO in the name of GEMS Paying up does not mean writing a cheque to the bank only. Life is short. Live passionately.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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sparkly wrote:obiero wrote:sparkly wrote:Angelica _ann wrote:A general observation is that this Cytonn listing, if done in the next year or so, would be one of the fastest listing of a company, since its incorporation. Listing threshhold for GEMS are really low i.e. 1. 10 million paid up capital - The price of a two bedroom apartment in middle class Nairobi Estates; 2. Operation for 1 year or more - It's almost an year since Sonko became Governor and he still has no deputy. With such low threshhold we should be expecting over 1,000 SMEs firms to have listed by now. What Cytonn want to do is neither remarkable nor wonder inspiring. They just want to list an SME firm which many businesses should have done by now. Now to my personal opinion. Dande and Co. are young sharp minds. They plans and ambitions are bigger than the Cytonn container. In other words there is alot of potential in Cytonn. It is easier to sell potential to VCs than to Wanjiku. This is obvious from the number of companies that list with lofty valuations but are brought back to reality by Mr Market. A good example is Home Afrika. Valued at 12 on listing but 5 years later, despite growing their balance sheet, the market values them at sub 1 bob. They only raised 1/3 of a 900m bond issue. Other examples abound like Transcentury and EA Cables. Consequently IMO listing too soon will kill the company. They better grow the company with Smart Money and exit later because Wanjiku does not believe in dreams. In the current shareholding set up. Did Dande, Nkukuu and Wanjama each fully pay up for their shares or do they want to sell what they never did buy? A crypto kind of ICO in the name of GEMS Paying up does not mean writing a cheque to the bank only. Besides, they could have contributed Kes. 7.75M only. The par value of their shares
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Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
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mwekez@ji wrote:sparkly wrote:obiero wrote:sparkly wrote:Angelica _ann wrote:A general observation is that this Cytonn listing, if done in the next year or so, would be one of the fastest listing of a company, since its incorporation. Listing threshhold for GEMS are really low i.e. 1. 10 million paid up capital - The price of a two bedroom apartment in middle class Nairobi Estates; 2. Operation for 1 year or more - It's almost an year since Sonko became Governor and he still has no deputy. With such low threshhold we should be expecting over 1,000 SMEs firms to have listed by now. What Cytonn want to do is neither remarkable nor wonder inspiring. They just want to list an SME firm which many businesses should have done by now. Now to my personal opinion. Dande and Co. are young sharp minds. They plans and ambitions are bigger than the Cytonn container. In other words there is alot of potential in Cytonn. It is easier to sell potential to VCs than to Wanjiku. This is obvious from the number of companies that list with lofty valuations but are brought back to reality by Mr Market. A good example is Home Afrika. Valued at 12 on listing but 5 years later, despite growing their balance sheet, the market values them at sub 1 bob. They only raised 1/3 of a 900m bond issue. Other examples abound like Transcentury and EA Cables. Consequently IMO listing too soon will kill the company. They better grow the company with Smart Money and exit later because Wanjiku does not believe in dreams. In the current shareholding set up. Did Dande, Nkukuu and Wanjama each fully pay up for their shares or do they want to sell what they never did buy? A crypto kind of ICO in the name of GEMS Paying up does not mean writing a cheque to the bank only. Besides, they could have contributed Kes. 7.75M only. The par value of their shares Aha! And now sell it to wanjiku at obscene profit levels.. ni sawa COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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That tweet from Dande CC@Loooooooooooooooooooooooooooooool If Obiero did it, Who Am I?
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