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Cytonn looks to list on GEMS
obiero
#1 Posted : Saturday, April 28, 2018 6:13:56 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
A fool and his or her money shall soon be parted https://www.businessdail...534386-ysf9hs/index.html

KQ ABP 4.26
VituVingiSana
#2 Posted : Saturday, April 28, 2018 10:00:43 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote]
Cytonn will probably hire a few shills to praise Cytonn, its projects, etc...
I am going to stick with my “conservative” picks so I can continue snoring happily at night! Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#3 Posted : Saturday, April 28, 2018 11:16:04 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote]
Cytonn will probably hire a few shills to praise Cytonn, its projects, etc...
I am going to stick with my “conservative” picks so I can continue snoring happily at night! Laughing out loudly

You rarely sleep going by the timestamps on your posts 😁

KQ ABP 4.26
Angelica _ann
#4 Posted : Sunday, April 29, 2018 9:37:59 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote]

This is just a crazy allegation!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#5 Posted : Sunday, April 29, 2018 10:48:29 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Angelica _ann wrote:
[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote]

This is just a crazy allegation!!!

Which allegation?

KQ ABP 4.26
Chaka
#6 Posted : Sunday, April 29, 2018 1:31:38 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
What you are implying is that if one puts their cash in a firm in the GEMS segment,they will soon loose it?
obiero wrote:
Angelica _ann wrote:
[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote]

This is just a crazy allegation!!!

Which allegation?

obiero
#7 Posted : Sunday, April 29, 2018 1:56:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Chaka wrote:
What you are implying is that if one puts their cash in a firm in the GEMS segment,they will soon loose it?
obiero wrote:
Angelica _ann wrote:
[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote]

This is just a crazy allegation!!!

Which allegation?


It's likely going by the trend.. Most firms seem to be targeting easy cash.. What else would explain solid firms delisting from the main index and little known entities listing at entry price of KES 1,500 https://www.businessdail...-xhtml-hhb8of/index.html

KQ ABP 4.26
whiteowl
#8 Posted : Sunday, April 29, 2018 9:12:54 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Chaka wrote:
What you are implying is that if one puts their cash in a firm in the GEMS segment,they will soon loose it?
obiero wrote:
Angelica _ann wrote:
[quote=obiero]A fool and his or her money shall soon be parted https://www.businessdail...34386-ysf9hs/index.html[/quote]

This is just a crazy allegation!!!

Which allegation?



Very risky segment You're better off investing in cryptocurrency.At least those goes up and down.The only direction for GEMS is down.
Chaka
#9 Posted : Sunday, April 29, 2018 9:40:52 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Forgive my ignorance..if a firm joins the NSE via GEMS ,is there a leeway to "upgrade" to a "better" segment later or they will be stuck with GEMS?(choices have consequences)...

whiteowl wrote:


Very risky segment You're better off investing in cryptocurrency.At least those goes up and down.The only direction for GEMS is down.

Angelica _ann
#10 Posted : Sunday, April 29, 2018 9:43:35 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Chaka wrote:
Forgive my ignorance..if a firm joins the NSE via GEMS ,is there a leeway to "upgrade" to a "better" segment later or they will be stuck with GEMS?(choices have consequences)...

whiteowl wrote:


Very risky segment You're better off investing in cryptocurrency.At least those goes up and down.The only direction for GEMS is down.



Yap better segment of Directors' bank account!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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