Wazua
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Cytonn Investments
Rank: Member Joined: 1/22/2015 Posts: 682
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Alma in Ruaka shaping up. Was a full skeptic, but now I'm a half skeptic. Seems like there is work going on, but that management team still gives me the jitters 
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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BTW, Cytonn shares are trading OTC for those who want to buy some.... https://www.cytonn.com/download/OTC_Form.pdf
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Are you selling? "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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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Nah not yet. Waiting for 100/- then I recover my costs but u could call em directly and ask if they have any sellers. I know supply is quite thin. Bigest gain thus far.....bought at 10/- currently trading at 60/-
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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This firm has over Sh74 billion in real estate projects under its mandate. This firm is growing and now has three more offices (branches). Link:
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Horton wrote:Nah not yet. Waiting for 100/- then I recover my costs but u could call em directly and ask if they have any sellers. I know supply is quite thin. Bigest gain thus far.....bought at 10/- currently trading at 60/- Are there buyers ? That's another thing
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Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
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This company is looking 4 funds in a very big way and paying interest for the same at around 18% p.a. This return doesnt match the market return of around 10%. I dont know if their projects are supporting this..
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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enyands wrote:Horton wrote:Nah not yet. Waiting for 100/- then I recover my costs but u could call em directly and ask if they have any sellers. I know supply is quite thin. Bigest gain thus far.....bought at 10/- currently trading at 60/- Are there buyers ? That's another thing Oh yes definately.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Gadaffi wrote:This company is looking 4 funds in a very big way and paying interest for the same at around 18% p.a. This return doesnt match the market return of around 10%. I dont know if their projects are supporting this..
I visited one of their projects on friday The Alma in Ruaka. Project going on well, CEO mentioned that some of the cash that comes in on CMS is also used for projects. The yield they get is 25% and they pay 18%
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Horton wrote:Gadaffi wrote:This company is looking 4 funds in a very big way and paying interest for the same at around 18% p.a. This return doesnt match the market return of around 10%. I dont know if their projects are supporting this..
I visited one of their projects on friday The Alma in Ruaka. Project going on well, CEO mentioned that some of the cash that comes in on CMS is also used for projects. The yield they get is 25% and they pay 18% Horton, leave these Kenyans! If Obiero did it, Who Am I?
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Swenani wrote:Horton wrote:Gadaffi wrote:This company is looking 4 funds in a very big way and paying interest for the same at around 18% p.a. This return doesnt match the market return of around 10%. I dont know if their projects are supporting this..
I visited one of their projects on friday The Alma in Ruaka. Project going on well, CEO mentioned that some of the cash that comes in on CMS is also used for projects. The yield they get is 25% and they pay 18% Horton, leave these Kenyans! 😂😂😂
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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https://pbs.twimg.com/me...bx9X6WYAEa-rn.jpg:large
Saw on social media Something about an acquisition announcement at the stanley this morning.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Again from shosho mendia.....Cytonn acquired 25% stake in Superior Homes for kes1B.
The intended listing still goes on as planned.
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Rank: New-farer Joined: 5/7/2014 Posts: 40
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Any truth to the fact that CMA wanted to restrict Non-banks like Cytonn from offering CMS products?
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Rank: New-farer Joined: 10/14/2016 Posts: 25 Location: Nairobi
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KenyanEconomist wrote:Any truth to the fact that CMA wanted to restrict Non-banks like Cytonn from offering CMS products? This was passed last year through a circular to stock brokers et al. Dont ask for a rink, i sighted the physical document around august.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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KenyanEconomist wrote:Any truth to the fact that CMA wanted to restrict Non-banks like Cytonn from offering CMS products? Yes and No. It restricts CMA regulated companies eg Britam from offering this product. It doesnt have a say in CMA unregulated firms eg Cytonn. http://kenyanwallstreet....s-refund-of-clients-cash
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Rank: New-farer Joined: 7/6/2010 Posts: 25
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@Horton, who regulates Cytonn? How would I have comfort from an unregulated deposit collector?
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Lek wrote:@Horton, who regulates Cytonn? How would I have comfort from an unregulated deposit collector? That's why no one is forcing you to deposit with them, If you're not comfortable why transact with them? If Obiero did it, Who Am I?
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Swenani wrote:Lek wrote:@Horton, who regulates Cytonn? How would I have comfort from an unregulated deposit collector? That's why no one is forcing you to deposit with them, If you're not comfortable why transact with them? 🤣🤣🤣 Private Equities are not regulated in Kenya.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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This firm still gives me the jitters as well. I always keep off companies that seem be growing on steroids.
BBI will solve it :)
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