I wonder how the SBM loan is performing? It was in 2019 for 3 years.

But how many Cytonnaires are there in the CHYS?? Probably less than 5000. But the largest capital is mainly held by a few so less than 100 people probably held by 60-80% of the fund.

The Cytonn contract is actually very solid and this risk is in the contract. The few cytonnaires who went to court just wasted money .... all this is in the contract.

There is noise and signal. Noise is PK and wazua noisemakers. The signal is that underlying assest actually exist and the people who want to convert funds to property can actually do that. The challenge is that the noisemakers don't have enough to change their funds to property.

If you have the funds, do you really want an apartment in Alma? I would rather roll the dice on compounding of my investment and see where it lands me when the economy recovers than convert it to an apartment that I have to manage. Waste of time.

Separate the noise from the signal and you will see why the cytonnaires are not making noise.

haha, Cytonn is NO Coca Cola, Safaricom, Equity and so on and so forth.

and a Cytonnaire is No millionaire or billionaire or trillionaire.

a Cytonnaire is a person who can't trace their money after expecting 18% interest rates.

Brutal

I understand the need for Cytonnaires to hang onto every thread of hope no matter how small. The realistic ones will chalk their investment to a very expensive life lesson and move on. Even Madoff had some'underlying assets'. The problem is that Cytonn's liabilities are MUCH LARGER than the so called underlying assets.