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Is it the right time to buy CENTUM?
Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi
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kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= Thanks. What about the others eg CIC, Amana, Cytonn, etc? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,836
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kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= And that is class D!!! The lowest. Class A minimum initial subscription is 100,000,000/= with top ups of 1,000,000/= Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= Thanks. What about the others eg CIC, Amana, Cytonn, etc? Cic minimum initial subscription ksh.5000 Minimum subsequent subscription ksh.1000 ICEALION minimum initial subscription ksh.3000 Minimum subsequent subscription ksh.500 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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MaichBlack wrote:kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= And that is class D!!! The lowest. Class A minimum initial subscription is 100,000,000/= with top ups of 1,000,000/= Even in the arrangement proposed for boda boda operators,they won't contribute their ksh.50 directly. Instead they will contribute to the investment/sacco which will then pool the funds and open a single account with Nabo capital for onward investment. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi
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MaichBlack wrote:kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= And that is class D!!! The lowest. Class A minimum initial subscription is 100,000,000/= with top ups of 1,000,000/= MMF or other asset classes/funds? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= Thanks. What about the others eg CIC, Amana, Cytonn, etc? Cic minimum initial subscription ksh.5000 Minimum subsequent subscription ksh.1000 ICEALION minimum initial subscription ksh.3000 Minimum subsequent subscription ksh.500 Now Centum can cover the entire gamut. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/16/2019 Posts: 313
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Ericsson wrote:VituVingiSana wrote:kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= Thanks. What about the others eg CIC, Amana, Cytonn, etc? Cic minimum initial subscription ksh.5000 Minimum subsequent subscription ksh.1000 ICEALION minimum initial subscription ksh.3000 Minimum subsequent subscription ksh.500 Cytonn: minimum 1,000 and no minimum top up. Zimele: minimum deposit of ksh. 100 and no minimum balance requirement.
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Rank: Member Joined: 3/16/2019 Posts: 313
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Ericsson wrote:MaichBlack wrote:kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= And that is class D!!! The lowest. Class A minimum initial subscription is 100,000,000/= with top ups of 1,000,000/= Even in the arrangement proposed for boda boda operators,they won't contribute their ksh.50 directly. Instead they will contribute to the investment/sacco which will then pool the funds and open a single account with Nabo capital for onward investment. Quote:Centum-owned Sidian Bank will be the receiving bank for the product that is riding on a mobile application developed by Tribus TSG. Quote:Tribus TSG Limited is the solution arm of Centum Investment Company Plc that offers a wide variety of solutions ranging from soft and hard Services all the way to continent first cutting-edge technologies. What happened to Nabo Capital’s Wanafunzi Investment Unit Trust Fund ? LINK
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= You got it, @kmucheke and @MaichBlack. If it don't make dollars, it don't make sense
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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kmucheke wrote:Ericsson wrote:MaichBlack wrote:kmucheke wrote: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 topupsNabo Capital Money Market Fund (KES) Minimum Initial Subscription Amount 1,000,000/=
Minimum Subsequent Subscription Amount 100,000/=
Minimum Holding Amount 1,000,000/= And that is class D!!! The lowest. Class A minimum initial subscription is 100,000,000/= with top ups of 1,000,000/= Even in the arrangement proposed for boda boda operators,they won't contribute their ksh.50 directly. Instead they will contribute to the investment/sacco which will then pool the funds and open a single account with Nabo capital for onward investment. Quote:Centum-owned Sidian Bank will be the receiving bank for the product that is riding on a mobile application developed by Tribus TSG. Quote:Tribus TSG Limited is the solution arm of Centum Investment Company Plc that offers a wide variety of solutions ranging from soft and hard Services all the way to continent first cutting-edge technologies. What happened to Nabo Capital’s Wanafunzi Investment Unit Trust Fund ? LINK Wanafunzi graduated. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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