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Cytonn Investments
sparkly
#691 Posted : Saturday, February 08, 2020 9:41:21 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
paulkimani wrote:
https://newkenyan.com/watch-out-theres-a-scam-about-cytonn-frauds-and-plain-daylight-robbery/

“ Gakuyo bungled over Sh2.5 billion members’ savings at Ekeza Sacco besides duping clients via property investments using his real estate company... Standing at my balcony, I am seeing a bigger section of Alma that’s incomplete, there’s another one just next here with rusted, maybe rotten steel bars….all these billions of shillings later, loans, money markets, investments….rusted steel.”


Gutter press.
Life is short. Live passionately.
paulkimani
#692 Posted : Saturday, February 08, 2020 10:26:49 AM
Rank: Member

Joined: 1/19/2016
Posts: 204
sparkly wrote:
paulkimani wrote:
https://newkenyan.com/watch-out-theres-a-scam-about-cytonn-frauds-and-plain-daylight-robbery/

“ Gakuyo bungled over Sh2.5 billion members’ savings at Ekeza Sacco besides duping clients via property investments using his real estate company... Standing at my balcony, I am seeing a bigger section of Alma that’s incomplete, there’s another one just next here with rusted, maybe rotten steel bars….all these billions of shillings later, loans, money markets, investments….rusted steel.”


Gutter press.


Agreed.
Everything in the article has truth though. And next time you’re near Alma, check it out. Rotting steel isn’t the only visible defect.
This article may not have credibility but the points it makes are fact.
Swenani
#693 Posted : Saturday, February 08, 2020 10:48:41 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Reason as to why I'm no longer in Cytonn
1. My hunch tells me to leave
2. The diversification is too much;
-Serviced apartments- They are issuing cySuites apartment hotel loan notes worth 850M for operational costsSad Sad
-Cytonn Asset managers (pension mgt, Cytonn MMF,CAFF,CHYS,CREPN)
-Branded merchanidse-They are selling branded T-shirts and powerbanks...Nyasaye!Shame on you Shame on you Shame on you
- Property developers
-Property managers-Selling and renting out on behalf of the owners.....why oh why?
If Obiero did it, Who Am I?
sparkly
#694 Posted : Saturday, February 08, 2020 12:39:11 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
paulkimani wrote:
sparkly wrote:
paulkimani wrote:
https://newkenyan.com/watch-out-theres-a-scam-about-cytonn-frauds-and-plain-daylight-robbery/

“ Gakuyo bungled over Sh2.5 billion members’ savings at Ekeza Sacco besides duping clients via property investments using his real estate company... Standing at my balcony, I am seeing a bigger section of Alma that’s incomplete, there’s another one just next here with rusted, maybe rotten steel bars….all these billions of shillings later, loans, money markets, investments….rusted steel.”


Gutter press.


Agreed.
Everything in the article has truth though. And next time you’re near Alma, check it out. Rotting steel isn’t the only visible defect.
This article may not have credibility but the points it makes are fact.


The opening sentence of the article is loaded with malice. Zero objectivity.

Quote:
Cytonn Investments, or whatever they call themselves! We may as well call them Gakuyo or whatever.
Life is short. Live passionately.
Balaa
#695 Posted : Saturday, February 08, 2020 1:05:19 PM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
sparkly wrote:
paulkimani wrote:
sparkly wrote:
paulkimani wrote:
https://newkenyan.com/watch-out-theres-a-scam-about-cytonn-frauds-and-plain-daylight-robbery/

“ Gakuyo bungled over Sh2.5 billion members’ savings at Ekeza Sacco besides duping clients via property investments using his real estate company... Standing at my balcony, I am seeing a bigger section of Alma that’s incomplete, there’s another one just next here with rusted, maybe rotten steel bars….all these billions of shillings later, loans, money markets, investments….rusted steel.”


Gutter press.


Agreed.
Everything in the article has truth though. And next time you’re near Alma, check it out. Rotting steel isn’t the only visible defect.
This article may not have credibility but the points it makes are fact.


The opening sentence of the article is loaded with malice. Zero objectivity.

Quote:
Cytonn Investments, or whatever they call themselves! We may as well call them Gakuyo or whatever.


Gutter press?
If it don't make dollars, it don't make sense
mwekez@ji
#696 Posted : Saturday, February 08, 2020 5:33:31 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Balaa wrote:
sparkly wrote:
paulkimani wrote:
sparkly wrote:
paulkimani wrote:
https://newkenyan.com/watch-out-theres-a-scam-about-cytonn-frauds-and-plain-daylight-robbery/

“ Gakuyo bungled over Sh2.5 billion members’ savings at Ekeza Sacco besides duping clients via property investments using his real estate company... Standing at my balcony, I am seeing a bigger section of Alma that’s incomplete, there’s another one just next here with rusted, maybe rotten steel bars….all these billions of shillings later, loans, money markets, investments….rusted steel.”


Gutter press.


Agreed.
Everything in the article has truth though. And next time you’re near Alma, check it out. Rotting steel isn’t the only visible defect.
This article may not have credibility but the points it makes are fact.


The opening sentence of the article is loaded with malice. Zero objectivity.

Quote:
Cytonn Investments, or whatever they call themselves! We may as well call them Gakuyo or whatever.


Gutter press?

Again, yes
The article is full of bile and looses objectivity
obiero
#697 Posted : Saturday, February 08, 2020 5:49:01 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
I wanted to say something but there's nothing left to say

KQ ABP 4.26
paulkimani
#698 Posted : Thursday, February 13, 2020 9:56:47 AM
Rank: Member

Joined: 1/19/2016
Posts: 204
https://t.co/2S6GNjzQ4S?amp=1
“ Some property owners have now resorted to cutting monthly rent and offering additional incentives to retain or even attract new occupants.”


Cytonn maintained there was and is a property boom. I’m sure somehow this will be a bad article too (as compared to the Cytonn reports - written by Cytonn, focusing on products they sell and why the market is good, never bad to invest in their products. Reliable!
sparkly
#699 Posted : Thursday, February 13, 2020 11:22:37 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
paulkimani wrote:
https://t.co/2S6GNjzQ4S?amp=1
“ Some property owners have now resorted to cutting monthly rent and offering additional incentives to retain or even attract new occupants.”


Cytonn maintained there was and is a property boom. I’m sure somehow this will be a bad article too (as compared to the Cytonn reports - written by Cytonn, focusing on products they sell and why the market is good, never bad to invest in their products. Reliable!


My landlord is yet to lower the rent.
Life is short. Live passionately.
moneydust
#700 Posted : Monday, March 09, 2020 12:10:05 AM
Rank: Member

Joined: 1/31/2007
Posts: 304
Cytonn money market fund is advertising aggressively everywhere including vernacular tv stations.What could be happening??are the chickens about to come home to roost?.I am reminded of a similar marketing blitz when goldenscape was coming down..this one doesnt look good.
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