Wazua
»
Groups
»
Triumph
»
Cytonn Investments
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.
|
|
|
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
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,541 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  
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
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
|
|
|
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
.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,541 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
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
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
|
|
|
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
|
|
|
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.
|
|
|
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.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,118 Location: Nairobi
|
paulkimani wrote: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. Is the online version of the article truncated compared to the print version? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
paulkimani wrote: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be.
|
|
|
Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
|
Horton wrote:paulkimani wrote: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be. The Chinese developers who dominate Kileleshwa, Kilimani and Mombasa road hand over on time almost every time (100% of the cases I know of were handed over on time, with a maximum of 3 months delay which is understandable given how unreliable/unpredictable water and electricity connections can be in this country)
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
NewMoney wrote:Horton wrote:paulkimani wrote: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be. The Chinese developers who dominate Kileleshwa, Kilimani and Mombasa road hand over on time almost every time (100% of the cases I know of were handed over on time, with a maximum of 3 months delay which is understandable given how unreliable/unpredictable water and electricity connections can be in this country) That’s quite broad based. Do you have any specific examples? The ones I dealt with were 16months behind schedule.
|
|
|
Rank: Member Joined: 1/19/2016 Posts: 204
|
The ones behind schedule of defaulted or both? Banda homes Suraya Goldenscape Greenhouse Shangilia Baba na Mama housing https://twitter.com/iam0...316349241078550528?s=21
https://twitter.com/owar...316307536249839618?s=21
Horton wrote:NewMoney wrote:Horton wrote:paulkimani wrote: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be. The Chinese developers who dominate Kileleshwa, Kilimani and Mombasa road hand over on time almost every time (100% of the cases I know of were handed over on time, with a maximum of 3 months delay which is understandable given how unreliable/unpredictable water and electricity connections can be in this country) That’s quite broad based. Do you have any specific examples? The ones I dealt with were 16months behind schedule.
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
paulkimani wrote:The ones behind schedule of defaulted or both? Banda homes Suraya Goldenscape Greenhouse Shangilia Baba na Mama housing https://twitter.com/iam0...316349241078550528?s=21
https://twitter.com/owar...316307536249839618?s=21
Horton wrote:NewMoney wrote:Horton wrote:paulkimani wrote: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be. The Chinese developers who dominate Kileleshwa, Kilimani and Mombasa road hand over on time almost every time (100% of the cases I know of were handed over on time, with a maximum of 3 months delay which is understandable given how unreliable/unpredictable water and electricity connections can be in this country) That’s quite broad based. Do you have any specific examples? The ones I dealt with were 16months behind schedule. All developers are behind schedule. 😊 Btw, did you hear that ALMA is 70% sold and phase 2 is being handed over on 29/10? I’m part of that group and very excited 😊
|
|
|
Rank: Member Joined: 1/19/2016 Posts: 204
|
Congratulations on your purchase @Horton. All the best.
The above list of defaulters/late developments were all proven to be scams.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,118 Location: Nairobi
|
Horton wrote:paulkimani wrote: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be. Awali Estate developed by Vipingo Development Ltd owned by Centum.
https://test.standardmed...um-hands-over-74-houses
"Centum Investment Company’s real estate has handed over 74 maisonettes and bungalows at Awali Estate, in Vipingo, Kilifi County, to their owners." "Construction of the family-oriented gated community commenced in January 2019 and the houses will be delivered this Saturday, three months ahead of the scheduled completion date." Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 8/10/2014 Posts: 976 Location: Kenya
|
VituVingiSana wrote:Horton wrote:paulkimani wrote: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: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be. Awali Estate developed by Vipingo Development Ltd owned by Centum.
https://test.standardmed...um-hands-over-74-houses
"Centum Investment Company’s real estate has handed over 74 maisonettes and bungalows at Awali Estate, in Vipingo, Kilifi County, to their owners." "Construction of the family-oriented gated community commenced in January 2019 and the houses will be delivered this Saturday, three months ahead of the scheduled completion date." 
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
watesh wrote:VituVingiSana wrote:Horton wrote:paulkimani wrote: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: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. Clearly a case of David vs Goliath. Goliath being PK and his old money sponsors. These guys Crying wolf yet all projects are running (albeit behind schedule) but show me a developer that has handed over on schedule and I will show u a liar 🤥 I think they should let cytonn be. Awali Estate developed by Vipingo Development Ltd owned by Centum.
https://test.standardmed...um-hands-over-74-houses
"Centum Investment Company’s real estate has handed over 74 maisonettes and bungalows at Awali Estate, in Vipingo, Kilifi County, to their owners." "Construction of the family-oriented gated community commenced in January 2019 and the houses will be delivered this Saturday, three months ahead of the scheduled completion date." Let me rephrase, projects of a meaningful size. 74 houses is tiny.
|
|
|
Wazua
»
Groups
»
Triumph
»
Cytonn Investments
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|