@jmbada, just for your benefit I shall repeat myself. As I see you are not a regular.

I bought these shares on PP @10/-

Later on in 2016 we needed some cash so we sold shares on OTC at 60/- just slightly above what we had invested initially it took us about 1.5months but we did sell them.

CMS we had locked in at 18% for 3 years after tax that’s 40-45% cumulative also consider that we reinvested the interest.

I haven’t factored in real estate gains, all I said is that we were happy with the progress or how the apartments are coming up those are simply unrealizeD which a lot people consider. Don’t you look at share prices daily and work out your NSE portfolio?

Btw this not my only OTC or private company. I tend to prefer these especially at infancy

At your age it's good to depend on dividend stocks.. No need to risk it all for capital gains

He celebrates by hurling insults... wait for it.

Ignorance and ability to post anonymously on the web is very dangerous

I have resolved, as we go into 2019, not to tear down others' choices.
Except for @obiero & KQ coz that's just amusing.
I am OK discussing the pros and cons of any investment. I am seriously considering more Saf and Centum at current prices. Neither is risk-free but they represent value for me. I am open to other views/info that I may not have considered.

Some folks were deriding my choice of KK for various reasons.
Well, unless Rubis backs out... I am IN the money. I have attended every AGM for the past few years. I used to wait until the "lunch crowd" disappeared and then the serious group would have a discussion with the Management. It wasn't always pretty. At a price of 20/-, I have made a minimum of 15% (annualized) and it fits within my investment goals.

BTW, I don't really care if Rubis backs out either given I expect a future 15% Earnings Yield (at the 15/- level pre-Rubis). I do not mind owning a business that (on average) yielded me 15% compounded annually.

So whereas I do not believe in Cytonn at 60, it was a great investment for those who got in at 10/-. Which other investment could has provided a 500% return in 3 years?
[Not KK, not Unga, perhaps not even Saf]

@Horton doesn't have to prove anything to anyone just as I will not post my statements or the value of my holdings.

What is NOT "right" is pumping and dumping as some have done.

As long as @Horton doesn't ask you to buy Cytonn coz he is selling he is OK in my books.

Spoken like 8 chiefs

1. Cytonn is a 4 year old firm. No track record to speak of.
2. The Managers have fraud case against them filed by their former employer. Integrity is questionable.
3. Financials have been referred to as opaque by some analysts, not by Wazuans.
4. Economic fundamentals in Kenya i.e access to credit, disposable incomes, capital flows, inflation etc are far from optimal.
5. Wazuans who point out the above as prima facie risks in investing in Cytonn are called stupid and class 5 level.
6. Wazua is a forum for independent thought. Whether we agree or not, there is nothing personal.

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*Alma 1 BD:* https://my.matterport.com/show/?m=6zcFLgNx6qa

*Alma 2 BD:* https://my.matterport.com/show/?m=csLGABosasz

*The Ridge 3 BD +DSQ:* https://my.matterport.com/show/?m=Xu56cvF9qZX

*The Ridge 3BD + Studio:* https://my.matterport.com/show/?m=wtSQeSopJ3z

I hope they paid you for use of the name

@alma 😂😂😂