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40 Pages«<3435363738>»
Cytonn Investments
Angelica _ann
#701 Posted : Monday, March 09, 2020 7:15:55 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,457
moneydust wrote:
Cytonn money market fund is advertising aggressively everywhere including vernacular tv stations.What could be happening??are the chickens about to come home to roost?.I am reminded of a similar marketing blitz when goldenscape was coming down..this one doesnt look good.


What is their current minimum entry amount?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
moneydust
#702 Posted : Monday, March 09, 2020 1:31:03 PM
Rank: Member


Joined: 1/31/2007
Posts: 299
Angelica _ann wrote:
moneydust wrote:
Cytonn money market fund is advertising aggressively everywhere including vernacular tv stations.What could be happening??are the chickens about to come home to roost?.I am reminded of a similar marketing blitz when goldenscape was coming down..this one doesnt look good.


What is their current minimum entry amount?


They dont state but they are throwing up a return of 11%
Angelica _ann
#703 Posted : Monday, March 09, 2020 1:42:32 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,457
moneydust wrote:
Angelica _ann wrote:
moneydust wrote:
Cytonn money market fund is advertising aggressively everywhere including vernacular tv stations.What could be happening??are the chickens about to come home to roost?.I am reminded of a similar marketing blitz when goldenscape was coming down..this one doesnt look good.


What is their current minimum entry amount?


They dont state but they are throwing up a return of 11%


Return moved from 18% smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
rwitre
#704 Posted : Monday, March 09, 2020 5:26:53 PM
Rank: Member


Joined: 3/8/2018
Posts: 423
Location: Nairobi
Technically speaking at this moment Cytonn is safer than the NSE Laughing out loudly
tom_boy
#705 Posted : Tuesday, March 10, 2020 4:09:35 PM
Rank: Member


Joined: 2/20/2007
Posts: 752
rwitre wrote:
Technically speaking at this moment Cytonn is safer than the NSE Laughing out loudly


Laughing out loudly Laughing out loudly Laughing out loudly Sad

I hope you are joking
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
moneydust
#706 Posted : Wednesday, March 11, 2020 10:57:45 AM
Rank: Member


Joined: 1/31/2007
Posts: 299
rwitre wrote:
Technically speaking at this moment Cytonn is safer than the NSE Laughing out loudly



Wacha mchesoooShame on you Shame on you
rwitre
#707 Posted : Wednesday, March 11, 2020 3:49:20 PM
Rank: Member


Joined: 3/8/2018
Posts: 423
Location: Nairobi
moneydust wrote:
rwitre wrote:
Technically speaking at this moment Cytonn is safer than the NSE Laughing out loudly



Wacha mchesoooShame on you Shame on you


Just ask yourself who is sleeping peacefully this week:
- The average Cytonn investor
- The average NSE investor
tom_boy
#708 Posted : Wednesday, March 11, 2020 7:26:36 PM
Rank: Member


Joined: 2/20/2007
Posts: 752
rwitre wrote:
moneydust wrote:
rwitre wrote:
Technically speaking at this moment Cytonn is safer than the NSE Laughing out loudly



Wacha mchesoooShame on you Shame on you


Just ask yourself who is sleeping peacefully this week:
- The average Cytonn investor
- The average NSE investor


I am the average NSE guy and I am sleeping easy.

If cyton goes down, thats it, kapish, kwisha maneno, no hope for poor investor.

With NSE, just wait out the corona, locusts, rutos and kenyattas. Sooner or later, the light will shine.

Thats the major difference
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
paulkimani
#709 Posted : Thursday, March 12, 2020 12:08:37 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
A gentleman called @IgnatiusWasike1 on Twitter had tweeted asking Cytonn why he was having trouble accessing his investment. They replied and now his account on Twitter does not exist.

Yes I know I’m a newfarer Horton and rest.

But... the chickens are coming home to rooooost
BGL
#710 Posted : Saturday, March 14, 2020 12:11:06 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,210
rwitre wrote:
moneydust wrote:
rwitre wrote:
Technically speaking at this moment Cytonn is safer than the NSE Laughing out loudly



Wacha mchesoooShame on you Shame on you


Just ask yourself who is sleeping peacefully this week:
- The average Cytonn investor
- The average NSE investor



I have invested in the NSE (since 2005) and in Cytonn Project Notes since 2018.
I can say NSE will give me a dry clean shave this year. On Cytonn, I get my interest as scheduled and I have never had late payments.. A straight2Bank alert from Standard Chartered bank arrives on my email before I get an alert from my bank. To answer your question, the Cytonn investor is sleeping well this week. The problem has always been those people who attack Cytonn are not Cytonn investors so I treat it as background noise.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
kaka2za
#711 Posted : Saturday, March 14, 2020 2:58:07 PM
Rank: Elder


Joined: 10/3/2008
Posts: 3,877
Location: Gwitu
BGL wrote:
rwitre wrote:
moneydust wrote:
rwitre wrote:
Technically speaking at this moment Cytonn is safer than the NSE Laughing out loudly



Wacha mchesoooShame on you Shame on you


Just ask yourself who is sleeping peacefully this week:
- The average Cytonn investor
- The average NSE investor



I have invested in the NSE (since 2005) and in Cytonn Project Notes since 2018.
I can say NSE will give me a dry clean shave this year. On Cytonn, I get my interest as scheduled and I have never had late payments.. A straight2Bank alert from Standard Chartered bank arrives on my email before I get an alert from my bank. To answer your question, the Cytonn investor is sleeping well this week. The problem has always been those people who attack Cytonn are not Cytonn investors so I treat it as background noise.


I have invested with Cytonn since 2017 and I always get my money.

I just withdrew a tidy sum from the HighYield Solutions to pay for buroti but will surely top it up soon.
paulkimani
#712 Posted : Tuesday, March 17, 2020 10:18:16 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
Cytonn has advertised for a legal manager to report directly to the CEO. What happened to the current head of legal who also was one of the four who began the firm, does she not report legal matters directly to CEO? Just curious as their turnover is high but not this role
paulkimani
#713 Posted : Thursday, April 02, 2020 2:38:21 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
paulkimani
#714 Posted : Thursday, April 02, 2020 2:44:53 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
tom_boy
#715 Posted : Thursday, April 02, 2020 4:52:29 PM
Rank: Member


Joined: 2/20/2007
Posts: 752
paulkimani wrote:
https://twitter.com/sigjnr/status/1245605560096935938?s=21


Meli imetoboka shimo
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
rwitre
#716 Posted : Thursday, April 02, 2020 7:02:29 PM
Rank: Member


Joined: 3/8/2018
Posts: 423
Location: Nairobi
tom_boy wrote:
paulkimani wrote:
https://twitter.com/sigjnr/status/1245605560096935938?s=21


Meli imetoboka shimo


So they extended maturity dates without informing clients. RED FLAG
Angelica _ann
#717 Posted : Thursday, April 02, 2020 7:06:09 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,457
rwitre wrote:
tom_boy wrote:
paulkimani wrote:
https://twitter.com/sigjnr/status/1245605560096935938?s=21


Meli imetoboka shimo


So they extended maturity dates without informing clients. RED FLAG


COVID 19 presents a perfect excuse for them!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
slick
#718 Posted : Friday, April 03, 2020 7:50:37 AM
Rank: Member


Joined: 6/1/2017
Posts: 249
Angelica _ann wrote:
rwitre wrote:
tom_boy wrote:
paulkimani wrote:
https://twitter.com/sigjnr/status/1245605560096935938?s=21


Meli imetoboka shimo


So they extended maturity dates without informing clients. RED FLAG


COVID 19 presents a perfect excuse for them!!!


It seems other Kenyan money market funds are still accruing interest for their clients and offers a good place to hide your money from tanking stocks at least for now.

If Covid-19 persists,money market funds in Kenya will come under pressure also like they did in the US where there was a panic of redemptions also putting pressure on commercial paper market that money market funds buy.The Fed was forced to inject trillions into both money market and commercial paper market to bandage the hemorrhage but some bleeding still persists.






Wondering if Kenyan money market funds will also face a crisis of clients redeeming their money and what will CBK and GoK do about it?
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
paulkimani
#719 Posted : Saturday, April 04, 2020 2:25:41 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 73
Angelica _ann
#720 Posted : Saturday, April 04, 2020 4:36:55 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,457
paulkimani wrote:
https://kenyanmarketintelligence.com/amid-coronavirus-disruption-the-fall-of-unstable-cytonn-investment-company-looms/


https://kenyanmarketinte...ng-diaspora-population/


Nothing new in the 2 articles that we don't know already.
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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