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Is it the right time to buy CENTUM?
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muandiwambeu
#71 Posted : Thursday, October 22, 2020 1:58:47 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
Kibe21 wrote:
Dividends received and reinvented @18.50/=


Bought too early.
Another global rout on stocks coming.
Today it's down 50 cents to 18.

What are you talking global about????
,Behold, a sower went forth to sow;....
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Ericsson
#72 Posted : Thursday, October 22, 2020 3:55:48 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
muandiwambeu wrote:
Ericsson wrote:
Kibe21 wrote:
Dividends received and reinvented @18.50/=


Bought too early.
Another global rout on stocks coming.
Today it's down 50 cents to 18.

What are you talking global about????


Further price declines beyond the current levels
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Kibe21
#73 Posted : Thursday, October 22, 2020 10:27:16 PM
Rank: New-farer

Joined: 8/1/2018
Posts: 60
Location: Nairobi
Ericsson wrote:
Kibe21 wrote:
Dividends received and reinvented @18.50/=


Bought too early.
Another global rout on stocks coming.
Today it's down 50 cents to 18.


Then hopefully I will have some free cash to buy more.
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VituVingiSana
#74 Posted : Saturday, October 24, 2020 5:00:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
https://www.businessdail...ith-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#75 Posted : Sunday, October 25, 2020 6:25:27 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.standardmedi...s-to-post-record-profits
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Balaa
#76 Posted : Monday, October 26, 2020 8:55:30 AM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
If it don't make dollars, it don't make sense
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  | | Edit by user: Monday, October 26, 2020 9:19 AM | Reason: Not specified
Ericsson
#77 Posted : Monday, October 26, 2020 9:50:27 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!


Change or perish
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#78 Posted : Monday, October 26, 2020 10:11:07 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
How was Centum's MMF elitist?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#79 Posted : Monday, October 26, 2020 10:33:02 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
How was Centum's MMF elitist?

Gunshot thrown Laughing out loudly Laughing out loudly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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kmucheke
#80 Posted : Monday, October 26, 2020 12:09:34 PM
Rank: Member

Joined: 3/16/2019
Posts: 313
VituVingiSana wrote:
Balaa wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/markets/capital-markets/centum-subsidiary-eyes-boda-boda-riders-with-unit-trust--2720268 Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme


Doesn't this change of tack feel like a sense of deja vu? Reminds me of the Kenyan banks' change of attitude towards the income earners at the bottom of the food chain before Equity Bank showed up in town with their model of banking the unbankable. Now, just like in the aftermath following Equity Bank's game changer, Centum is back in the streets hawking their hitherto elitist MMF product in the same manner top tier banks had to eat humble pie and started hawking loan products to Average Joe in the streets!
How was Centum's MMF elitist?

The minimum amount has been 1M and topup 100k with 1M being the minimum holding amount. I think this is what @Balaa meant as "elitist".

Nabo Capital KSh. Money Market Fund minimum amounts and topups

Nabo Capital Money Market Fund (KES)
Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/=
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