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Platinum Credit Bond.
Obi 1 Kanobi
#31 Posted : Thursday, August 23, 2018 12:27:12 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
[quote=sparkly]Waah corporate bonds will finish people.

- Sanlam wrote off bonds worth 1B;

- CIC exposed to Chase, Imperial, Nakumatt and Real People;

https://www.google.com/a...-haunt-kenyan-companies[/quote]

Is this in the right thread, Platinum credit is very solid, with the internet link searches, one might shout fire when there's none.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
Ericsson
#32 Posted : Thursday, August 23, 2018 12:43:57 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
Obi 1 Kanobi wrote:
[quote=sparkly]Waah corporate bonds will finish people.

- Sanlam wrote off bonds worth 1B;

- CIC exposed to Chase, Imperial, Nakumatt and Real People;

https://www.google.com/a...-haunt-kenyan-companies[/quote]

Is this in the right thread, Platinum credit is very solid, with the internet link searches, one might shout fire when there's none.


The exposure about CIC to corporate bonds should be discussed in the CIC insurance discussion.
Similarly for Sanlam.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#33 Posted : Thursday, August 23, 2018 12:44:13 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Obi 1 Kanobi wrote:
[quote=sparkly]Waah corporate bonds will finish people.

- Sanlam wrote off bonds worth 1B;

- CIC exposed to Chase, Imperial, Nakumatt and Real People;

https://www.google.com/a...-haunt-kenyan-companies[/quote]

Is this in the right thread, Platinum credit is very solid, with the internet link searches, one might shout fire when there's none.


We have seen stronger take a bow....I wont be shocked.
possunt quia posse videntur
Angelica _ann
#34 Posted : Thursday, August 23, 2018 12:49:33 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,936
maka wrote:
Obi 1 Kanobi wrote:
[quote=sparkly]Waah corporate bonds will finish people.

- Sanlam wrote off bonds worth 1B;

- CIC exposed to Chase, Imperial, Nakumatt and Real People;

https://www.google.com/a...-haunt-kenyan-companies[/quote]

Is this in the right thread, Platinum credit is very solid, with the internet link searches, one might shout fire when there's none.


We have seen stronger take a bow....I wont be shocked.


Exactly my/our sentiments. Strong, until they borrow and thereafter the skeletons start popping up. smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
maka
#35 Posted : Thursday, August 23, 2018 12:52:10 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Angelica _ann wrote:
maka wrote:
Obi 1 Kanobi wrote:
[quote=sparkly]Waah corporate bonds will finish people.

- Sanlam wrote off bonds worth 1B;

- CIC exposed to Chase, Imperial, Nakumatt and Real People;

https://www.google.com/a...-haunt-kenyan-companies[/quote]

Is this in the right thread, Platinum credit is very solid, with the internet link searches, one might shout fire when there's none.


We have seen stronger take a bow....I wont be shocked.


Exactly my/our sentiments. Strong, until they borrow and thereafter the skeletons start popping up. smile


Wish them well lakini...smile
possunt quia posse videntur
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