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Cytonn Investments
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Queen
#961 Posted : Friday, October 02, 2020 4:03:39 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
mv_ufanisi wrote:
First ethical rule: If you see fraud and do not say fraud, you are a fraud.

~Naseem Nicholas Taleb


As good a summary as they come. No need to add more, lest its construed to be from a STUPID PERSON as above stated.
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  | | Edit by user: Friday, October 02, 2020 8:36 PM | Reason: Not specified
mwekez@ji
#962 Posted : Friday, October 02, 2020 8:44:13 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
murchr wrote:
mwekez@ji wrote:
Horton wrote:
obiero wrote:
kaka2za wrote:
Keen to see how this will end. There might be 'I told you so' or someone will eat a humble pie.

It has ended my brother. In premium tears for the invest ors. You haven't read up on their defaults?



Nothing of the sort:

1. All they did was take a moratorium during the covid period for their loans. Nothing unusual in corporate Kenya during the Covid period! Ama this is unusual?

2. CMA lost the case so to me it seems the letter was out of spite

3. Cytonn have a great asset base.

I’m confident Cytonn is here to stay. Get used to it 😀.

*mic drop*

Tell us more about No. 3

What are the Assets and Liabilities?

Where are their financial statements?


Mzee wa kazi, Wazua has missed you.

Niko kaka. Been seeking these financials but Cytonn wont give them, even to investors
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obiero
#963 Posted : Friday, October 02, 2020 9:56:12 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
Horton wrote:
obiero wrote:
kaka2za wrote:
Keen to see how this will end. There might be 'I told you so' or someone will eat a humble pie.

It has ended my brother. In premium tears for the invest ors. You haven't read up on their defaults?



Nothing of the sort:

1. All they did was take a moratorium during the covid period for their loans. Nothing unusual in corporate Kenya during the Covid period! Ama this is unusual?

2. CMA lost the case so to me it seems the letter was out of spite

3. Cytonn have a great asset base.

I’m confident Cytonn is here to stay. Get used to it 😀.

*mic drop*

Tell us more about No. 3

What are the Assets and Liabilities?

Where are their financial statements?


Mzee wa kazi, Wazua has missed you.

Niko kaka. Been seeking these financials but Cytonn wont give them, even to investors




KQ ABP 4.26
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  | | Edit by user: Friday, October 02, 2020 9:57 PM | Reason: Not specified
maka
#964 Posted : Saturday, October 03, 2020 1:23:45 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
kaka2za wrote:
kawi254 wrote:
Horton wrote:
Ericsson wrote:
Investors will take their money back to the traditional unit trusts like ICEALION, CIC,britam who give lower rates of interest than cytonn but have sense of stability and security



Maybe, but having talked to other investors like myself, the naysayers have been saying this thing will collapse 6 years ago. Don't see that happening. Perhaps we look for a new song to sing?


Can any bank survive a bank run?


As an investor, I am satisfied with the explanation given by Cytonn.
I knew what I was getting into and am not going to ask for my money before 2021.



τετέλεσται...
possunt quia posse videntur
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murchr
#965 Posted : Saturday, October 03, 2020 3:37:31 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
“You only find out who is swimming naked when the tide goes out.” — Warren Buffett.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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obiero
#966 Posted : Saturday, October 03, 2020 5:58:23 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
murchr wrote:
“You only find out who is swimming naked when the tide goes out.” — Warren Buffett.

Let me leave this here https://www.businessdail...ost-incyton-saga-2454678

KQ ABP 4.26
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mwekez@ji
#967 Posted : Saturday, October 03, 2020 9:09:14 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
obiero wrote:
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
Horton wrote:
obiero wrote:
kaka2za wrote:
Keen to see how this will end. There might be 'I told you so' or someone will eat a humble pie.

It has ended my brother. In premium tears for the invest ors. You haven't read up on their defaults?



Nothing of the sort:

1. All they did was take a moratorium during the covid period for their loans. Nothing unusual in corporate Kenya during the Covid period! Ama this is unusual?

2. CMA lost the case so to me it seems the letter was out of spite

3. Cytonn have a great asset base.

I’m confident Cytonn is here to stay. Get used to it 😀.

*mic drop*

Tell us more about No. 3

What are the Assets and Liabilities?

Where are their financial statements?


Mzee wa kazi, Wazua has missed you.

Niko kaka. Been seeking these financials but Cytonn wont give them, even to investors




CHYF is still a small fund. CHYS ndiyo iko na pesa mingi ya uma >16B

Please share or send financials of:
1. Cytonn Investments Management Plc
2. Cytonn High Yield Solutions LLP

My email is 2mwekezaji@gmail.com
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  | | Edit by user: Sunday, October 04, 2020 3:51 PM | Reason: Not specified
Queen
#968 Posted : Tuesday, October 13, 2020 9:37:48 AM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Am not a fan of Cytonn but DN have surely done a very poorly researched and written article on the origin and current status at this crumbling house.

https://nation.africa/ke...ass-house-cracks-2463786
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  | | Edit by user: Tuesday, October 13, 2020 9:39 AM | Reason: Not specified
Queen
#969 Posted : Tuesday, October 13, 2020 5:36:44 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
[quote=Queen]Am not a fan of Cytonn but DN have surely done a very poorly researched and written article on the origin and current status at this crumbling house.

https://nation.africa/ke...ss-house-cracks-2463786[/quote]

A very disjointed and shallow article with no flow at all. Am pretty sure our very own @PK would have done a much better article for them on Cytonn at no pay.
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  | | Edit by user: Tuesday, October 13, 2020 5:39 PM | Reason: Not specified
paulkimani
#970 Posted : Wednesday, October 14, 2020 8:15:38 AM
Rank: Member

Joined: 1/19/2016
Posts: 204
I think it’s fine and accurate. Doesn’t cover the entire pyramid scheme but says enough.
What I have learned in 5 years is if you write anything negative about Cytonn, regardless of it being true, you will have many Cytonn followers waiting to scream wolf.

Best article to date as it speaks about their history as well

Queen wrote:
[quote=Queen]Am not a fan of Cytonn but DN have surely done a very poorly researched and written article on the origin and current status at this crumbling house.

https://nation.africa/ke...ss-house-cracks-2463786[/quote]

A very disjointed and shallow article with no flow at all. Am pretty sure our very own @PK would have done a much better article for them on Cytonn at no pay.
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