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Cytonn Investments
Angelica _ann
#1151 Posted : Monday, April 26, 2021 7:08:08 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
murchr wrote:
Ali Baba wrote:
murchr wrote:
Firimbi iki pulizwa Wazua, hold your money close to your chest. It's only when the tide goes out that you learn who has been swimming naked.~ WB


The guy who was threatening to sue us here for bad mouthing Cytonn, is he still suing??



Wueh! His silence is too loud Laughing out loudly


He would be here by now, guns blazing!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
poundfoolish
#1152 Posted : Tuesday, April 27, 2021 10:43:39 AM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
paulkimani wrote:
Cytonn says an option is to “liquidate the portfolio and best case is YES BEST CASE and that’s according to the ponzi - is it’ll fetch 30% THIRTY PERCENT of the value. BEST CASE. Laughable


Real Estate is tough everywhere. and if such a move as a special AGM was to be called. That would be the right and proper thing for any firm worth its integrity to do.. Not go hiding like Gakuo and the many others who just disappear with investors money..

But anyway..


Sorry to disappoint you guys...

I dont know how to post an image here.. But from the CEO's Facebook page.

"Today the Cytonn WhatsApp Warrior Analysts must have had a very busy day. I admire the zeal, not sure what you concluded, but sorry to disappoint you... no liquidation, fake new! We shall build great real estate, mpende msipende.
***Stay safe, sanitize, mask up; and dial *809# to invest & withdraw anytime 24/7."




Seems like you have been attending their Saturday sessions to pick some Mucene

Meanwhile, your former sponsor has not released their financial statements for 2020.. Would you know why?
Angelica _ann
#1153 Posted : Tuesday, April 27, 2021 10:50:29 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
poundfoolish wrote:
paulkimani wrote:
Cytonn says an option is to “liquidate the portfolio and best case is YES BEST CASE and that’s according to the ponzi - is it’ll fetch 30% THIRTY PERCENT of the value. BEST CASE. Laughable


Real Estate is tough everywhere. and if such a move as a special AGM was to be called. That would be the right and proper thing for any firm worth its integrity to do.. Not go hiding like Gakuo and the many others who just disappear with investors money..

But anyway..


Sorry to disappoint you guys...

I dont know how to post an image here.. But from the CEO's Facebook page.

"Today the Cytonn WhatsApp Warrior Analysts must have had a very busy day. I admire the zeal, not sure what you concluded, but sorry to disappoint you... no liquidation, fake new! We shall build great real estate, mpende msipende.
***Stay safe, sanitize, mask up; and dial *809# to invest & withdraw anytime 24/7."




Seems like you have been attending their Saturday sessions to pick some Mucene

Meanwhile, your former sponsor has not released their financial statements for 2020.. Would you know why?


However that post by Dande doesn't inspire at all. Lakini ni sawa.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
poundfoolish
#1154 Posted : Tuesday, April 27, 2021 11:00:29 AM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
Angelica _ann wrote:
poundfoolish wrote:
paulkimani wrote:
Cytonn says an option is to “liquidate the portfolio and best case is YES BEST CASE and that’s according to the ponzi - is it’ll fetch 30% THIRTY PERCENT of the value. BEST CASE. Laughable


Real Estate is tough everywhere. and if such a move as a special AGM was to be called. That would be the right and proper thing for any firm worth its integrity to do.. Not go hiding like Gakuo and the many others who just disappear with investors money..

But anyway..


Sorry to disappoint you guys...

I dont know how to post an image here.. But from the CEO's Facebook page.

"Today the Cytonn WhatsApp Warrior Analysts must have had a very busy day. I admire the zeal, not sure what you concluded, but sorry to disappoint you... no liquidation, fake new! We shall build great real estate, mpende msipende.
***Stay safe, sanitize, mask up; and dial *809# to invest & withdraw anytime 24/7."




Seems like you have been attending their Saturday sessions to pick some Mucene

Meanwhile, your former sponsor has not released their financial statements for 2020.. Would you know why?


However that post by Dande doesn't inspire at all. Lakini ni sawa.


@angelica
You cannot just attend a meeting to pick up some juicy quote and run away with it as a story. I dont hve information, but I think this must have been a question Dande was asked by the investors.
and he outlined what should happen next as Covid continues to ravage economies..
And the statement on liquidation is very correct. anybody buying will give very little money vis a vis the investment. So that is not an option. It is a total loss.
All Developers are facing this tough questions. Talk to Centum, Vaal, Hasconsult etc.. The ones in Commercial space are even asking themselves harder questions.
paulkimani
#1155 Posted : Tuesday, April 27, 2021 5:39:12 PM
Rank: Member

Joined: 1/19/2016
Posts: 204
.
mkenyan
#1156 Posted : Tuesday, April 27, 2021 8:40:17 PM
Rank: Veteran

Joined: 4/1/2009
Posts: 1,885
poundfoolish wrote:
Angelica _ann wrote:
poundfoolish wrote:
paulkimani wrote:
Cytonn says an option is to “liquidate the portfolio and best case is YES BEST CASE and that’s according to the ponzi - is it’ll fetch 30% THIRTY PERCENT of the value. BEST CASE. Laughable


Real Estate is tough everywhere. and if such a move as a special AGM was to be called. That would be the right and proper thing for any firm worth its integrity to do.. Not go hiding like Gakuo and the many others who just disappear with investors money..

But anyway..


Sorry to disappoint you guys...

I dont know how to post an image here.. But from the CEO's Facebook page.

"Today the Cytonn WhatsApp Warrior Analysts must have had a very busy day. I admire the zeal, not sure what you concluded, but sorry to disappoint you... no liquidation, fake new! We shall build great real estate, mpende msipende.
***Stay safe, sanitize, mask up; and dial *809# to invest & withdraw anytime 24/7."




Seems like you have been attending their Saturday sessions to pick some Mucene

Meanwhile, your former sponsor has not released their financial statements for 2020.. Would you know why?


However that post by Dande doesn't inspire at all. Lakini ni sawa.


@angelica
You cannot just attend a meeting to pick up some juicy quote and run away with it as a story. I dont hve information, but I think this must have been a question Dande was asked by the investors.
and he outlined what should happen next as Covid continues to ravage economies..
And the statement on liquidation is very correct. anybody buying will give very little money vis a vis the investment. So that is not an option. It is a total loss.
All Developers are facing this tough questions. Talk to Centum, Vaal, Hasconsult etc.. The ones in Commercial space are even asking themselves harder questions.

i wish you well mate. i do wish you well
poundfoolish
#1157 Posted : Tuesday, April 27, 2021 9:23:02 PM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
mkenyan wrote:
poundfoolish wrote:
Angelica _ann wrote:
poundfoolish wrote:
paulkimani wrote:
Cytonn says an option is to “liquidate the portfolio and best case is YES BEST CASE and that’s according to the ponzi - is it’ll fetch 30% THIRTY PERCENT of the value. BEST CASE. Laughable


Real Estate is tough everywhere. and if such a move as a special AGM was to be called. That would be the right and proper thing for any firm worth its integrity to do.. Not go hiding like Gakuo and the many others who just disappear with investors money..

But anyway..


Sorry to disappoint you guys...

I dont know how to post an image here.. But from the CEO's Facebook page.

"Today the Cytonn WhatsApp Warrior Analysts must have had a very busy day. I admire the zeal, not sure what you concluded, but sorry to disappoint you... no liquidation, fake new! We shall build great real estate, mpende msipende.
***Stay safe, sanitize, mask up; and dial *809# to invest & withdraw anytime 24/7."




Seems like you have been attending their Saturday sessions to pick some Mucene

Meanwhile, your former sponsor has not released their financial statements for 2020.. Would you know why?


However that post by Dande doesn't inspire at all. Lakini ni sawa.


@angelica
You cannot just attend a meeting to pick up some juicy quote and run away with it as a story. I dont hve information, but I think this must have been a question Dande was asked by the investors.
and he outlined what should happen next as Covid continues to ravage economies..
And the statement on liquidation is very correct. anybody buying will give very little money vis a vis the investment. So that is not an option. It is a total loss.
All Developers are facing this tough questions. Talk to Centum, Vaal, Hasconsult etc.. The ones in Commercial space are even asking themselves harder questions.

i wish you well mate. i do wish you well


Its been six years friend.. six years and still counting.
Last year at such a time the naysayers were not just composing but singing the dirges and digging the grave. They left first..
tony stark
#1158 Posted : Wednesday, April 28, 2021 1:08:06 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
obiero wrote:

Even the way Cytonn was founded, should have been enough a red flag, you cannot steal someone’s wife to make her your own and thereafter expect loyalty


May Bob Collymore rest in peace!!!Pray Pray Pray
Angelica _ann
#1159 Posted : Wednesday, April 28, 2021 1:40:19 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
tony stark wrote:
obiero wrote:

Even the way Cytonn was founded, should have been enough a red flag, you cannot steal someone’s wife to make her your own and thereafter expect loyalty


May Bob Collymore rest in peace!!!Pray Pray Pray


?????
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
#1160 Posted : Wednesday, April 28, 2021 2:26:13 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,219
Location: nairobi
maka wrote:
obiero wrote:
madhaquer wrote:
Some rules about investing that I learnt in my short years playing with money.
1. Never count your chicks before they hatch. - You know you made money once you are out of the deal and have done the math. Looking at prices for a stock/product you are still holding doesn't mean that you will get the same on your exit day.
2. Know your place on the table - Minority shareholder means you are hanging on the tailcoats of other decision makers. If they choose to reinvest returns or divest the business, too bad for you.
3. Forget the marketing - What you see is what they want you to see. learn the scuttlebutt technique for any investment worth a substantial sum. If I don't understand how you are making money, then am a fool to be investing.
4. I know my limits - I know at what point I am willing to count an investment/deal over and count my losses. Beyond that limit, it will stress me and I don't need that.

As far a Cytonn is concerned, some people who put in a million, just couldn't stomach losing a million. Some people knew nobody in the organisation yet they believed and based their decision on what some sales staff was coached to tell them. Some people didn't understand the exit points or the lack of them.
Either way, hio ni funzo.

Even the way Cytonn was founded, should have been enough a red flag, you cannot steal someone’s wife to make her your own and thereafter expect loyalty



This is a disaster ... Waaah

Capitulation

KQ ABP 4.26
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