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Cytonn Investments
paulkimani
#661 Posted : Monday, January 06, 2020 11:11:05 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
mnandii wrote:
paulkimani wrote:
https://edition.pagesuite.com/popovers/dynamic_article_popover.aspx?artguid=e8188b90-31ac-4e4f-84fd-cb7e7f07db7f&appid=3420 2020 is the year the ponzi falls.

Why are the other banks declining trusteeship? I wonder Liar



I wonder the same, but also some thoughts below to mull on


https://twitter.com/lang...213874296780709889?s=21

https://twitter.com/lang...1214084951760617472?s=21
passiveinvestor
#662 Posted : Monday, January 06, 2020 12:45:58 PM
Rank: Member


Joined: 12/8/2006
Posts: 103
passiveinvestor wrote:
rwitre wrote:
Cytonn named most innovative property developer

LINK

Quote:

Cytonn Real Estate has been recognised by the International Finance Magazine as the most innovative community developer (mixed use) in Kenya during the International Finance Awards that took place on November 18.

The category is won by companies that demonstrate excellence in the residential and commercial property space in emerging markets.
.
.
Besides The Alma, Cytonn has other real estate projects including Amara Ridge in Karen, The Ridge, RiverRun, Taraji Heights, Applewood and NewTown. The company says it is running property developments worth a total of Sh82 billion.

This is all just PR fluff. That is a meaningless award in a very narrow, niche category (probably the only entrant from Kenya). Meanwhile, no CMA data on this supposed REIT so either not regulated or only for private placement with "sophisticated investors"

Now I see why no CMA data was available. However, Cytonn response is below:

https://cytonn.com/media-center/speeches
Regardless of my personal views on Cytonn, I AM concerned about anti-competitive behavior in any marketplace.
mozenrat
#663 Posted : Tuesday, January 07, 2020 7:13:28 AM
Rank: Veteran


Joined: 5/18/2008
Posts: 792
paulkimani wrote:
rwitre wrote:
Horton wrote:

paulkimani wrote:

Angelica _ann wrote:

Cytonn goes for Sh2bn D-Reit to fund projects

Cytonn Investments has applied for a Development Real Estate Investment Trust (D-Reit) at the Capital Markets Authority seeking to raise Sh2 billion.

D-Reit meant to diversify real estate funding is expected to boost Cytonn sources for its real estate development pipeline with a project value of more than Sh82 billion.

Cytonn Real Estate Investment Analyst Bryan Gitia said the funds would be deployed in the development of Phase 1 of The Ridge and Phase 1 of RiverRun estates.

“The Ridge is a comprehensive aspirational lifestyle development on 10 acres in Ridgeways where stage one of the development is complete — including land acquisition, concept, foundation and is 50 percent presold; funds will go towards the second stage of superstructures construction,” he said.

“RiverRun is a master-planned mixed-use community on 100 acres in Ruiru, with a dedicated affordable housing component.”


https://www.businessdail...02378-qn1tx8/index.html



Cytonn is essentially asking for Kshs 2 billion in tax payers money. Cytonn also have released a report that says real estate is stagnant. Stating only facts, not opinions.


Dude get a life! U know cytonn post is not the only post on Wazua right?


Mnasumbua Horton holiday Laughing out loudly Laughing out loudly Laughing out loudly

Also, a D-Reit is not taxpayer's money.


Please read the below article: public/taxpayers - end of the day it’s the general public.
https://citizentv.co.ke/...nded-debt-issue-285345/

In summary:

TITLE “Cytonn lines up first publicly funded debt issue”

BODY OF ARTICLE “Investor manager Cytonn has sought approval from the Capital Markets Authority (CMA) to register its first Development Real Estate Investment Trust (D-REIT).

The approval will see the company seek out a projected Ksh.2 billion from the public with acquired funds being deployed in the construction of the first phases of two real estate projects in Kiambu’s Ridgeways and Ruiru.”



Raising money from the public is NOT the same as using taxpayer funds.. let’s not be dramatic just to pass a point.

Of greater concern to Cytonn’s survival is the failure to retain a Fund Manager after Coop Bank resigned and CMA’s threat to shut down their fundraising as a result.
mwekez@ji
#664 Posted : Tuesday, January 07, 2020 9:33:53 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,114
Court blocks CMA order on Cytonn unit trust

https://www.businessdailyafrica....408696-kwq1wt/index.html
paulkimani
#665 Posted : Tuesday, January 07, 2020 11:36:22 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
winmak
#666 Posted : Tuesday, January 07, 2020 2:01:05 PM
Rank: Member


Joined: 12/1/2007
Posts: 505
Location: Nakuru
paulkimani wrote:
http://www.254news.co.ke/2020/01/07/is-this-the-end-of-cytonn/


Hapa ndio mambo iko

The banking industry reports that Non Performing Loans (NPLs) to real estate developers amount to KSh 43 Billion. Cytonn has bet boldly on real estate. Since the firm offers clients, through Cytonn High Yield Solutions LLP, rates of up to 18% p.a based on loans made to its own projects. After admitting that CHYS rates are based on loan pricing, Cytonn cannot pose as a better real estate risk manager than banking and insurance firms which have more established track records.

The falling Cytonn PLC is now acting as a bank thus offering loans to its own real estate projects at 18% p.a. This in real sense is not logical at all.
For investors as a whole, returns decrease as motion increases ~ WB
passiveinvestor
#667 Posted : Tuesday, January 07, 2020 4:32:00 PM
Rank: Member


Joined: 12/8/2006
Posts: 103
winmak wrote:
paulkimani wrote:
http://www.254news.co.ke/2020/01/07/is-this-the-end-of-cytonn/


Hapa ndio mambo iko

The banking industry reports that Non Performing Loans (NPLs) to real estate developers amount to KSh 43 Billion. Cytonn has bet boldly on real estate. Since the firm offers clients, through Cytonn High Yield Solutions LLP, rates of up to 18% p.a based on loans made to its own projects. After admitting that CHYS rates are based on loan pricing, Cytonn cannot pose as a better real estate risk manager than banking and insurance firms which have more established track records.

The falling Cytonn PLC is now acting as a bank thus offering loans to its own real estate projects at 18% p.a. This in real sense is not logical at all.

There 3 licensed REIT Trustees:
1. Housing Finance Company (K) Limited
2 Co-operative Bank of Kenya Limited
3 Kenya Commercial Bank Limited

Seems Co-Op turned them down, but could be because they may have a conflict of interest, which is the right thing for them to do.

The trustee requirement allows for licensing of more than just banks, so the Cytonn argument that their petition is to force CMA to license additional trustees is misleading. The door is already open for additional entities to be licensed in the existing laws / regulations.
passiveinvestor
#668 Posted : Wednesday, January 08, 2020 4:10:22 PM
Rank: Member


Joined: 12/8/2006
Posts: 103
passiveinvestor wrote:
winmak wrote:
paulkimani wrote:
http://www.254news.co.ke/2020/01/07/is-this-the-end-of-cytonn/


Hapa ndio mambo iko

The banking industry reports that Non Performing Loans (NPLs) to real estate developers amount to KSh 43 Billion. Cytonn has bet boldly on real estate. Since the firm offers clients, through Cytonn High Yield Solutions LLP, rates of up to 18% p.a based on loans made to its own projects. After admitting that CHYS rates are based on loan pricing, Cytonn cannot pose as a better real estate risk manager than banking and insurance firms which have more established track records.

The falling Cytonn PLC is now acting as a bank thus offering loans to its own real estate projects at 18% p.a. This in real sense is not logical at all.

There 3 licensed REIT Trustees:
1. Housing Finance Company (K) Limited
2 Co-operative Bank of Kenya Limited
3 Kenya Commercial Bank Limited

Seems Co-Op turned them down, but could be because they may have a conflict of interest, which is the right thing for them to do.

The trustee requirement allows for licensing of more than just banks, so the Cytonn argument that their petition is to force CMA to license additional trustees is misleading. The door is already open for additional entities to be licensed in the existing laws / regulations.

1. Throwback to Nov 2018: https://www.businessdail...6374-14bcp1p/index.html
2. Cytonn comments on initial ratings:
https://www.cytonn.com/d...l-media-comments-on-gcr

3. GCR Rating withdrawal Dec 20th 2019: https://gcrratings.com/a...anagement-plcs-ratings/
"CR Ratings (“GCR”) has withdrawn Cytonn Investments Management Plc’s Issuer ratings for analytical reasons. Accordingly, GCR will no longer provide analytical coverage on the Issuer. The long and short-term national scale Issuer ratings of B(KE)/B(KE) respectively could not be reviewed before withdrawal, due to the absence of sufficient information, and were last updated in November 2018."

paulkimani
#669 Posted : Tuesday, January 14, 2020 7:53:54 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
paulkimani
#670 Posted : Tuesday, January 21, 2020 12:49:56 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
https://www.google.co.uk...p-savings-platform/amp/

“Cytonn Investments, who has structured CAHIP, has partnered with the Cytonn Money Markey Fund managed by Cytonn Asset Managers Limited, to provide those saving towards home purchase with an attractive investment proposition, compared to those currently available in the market, with the target yield of 11.0 percent per annum”

oh dear ponzi
newfarer
#671 Posted : Tuesday, January 21, 2020 2:19:21 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,478
Location: Uganda
paulkimani wrote:
https://www.google.co.uk/amp/s/www.capitalfm.co.ke/business/2020/01/cytonn-launches-home-ownership-savings-platform/amp/

“Cytonn Investments, who has structured CAHIP, has partnered with the Cytonn Money Markey Fund managed by Cytonn Asset Managers Limited, to provide those saving towards home purchase with an attractive investment proposition, compared to those currently available in the market, with the target yield of 11.0 percent per annum”

oh dear ponzi



Cytonn has partnered with Cytonnsmile smile

How is this different from simple homes




https://www.sde.co.ke/ar...ground-with-their-money


https://www.standardmedi...ere-monitored-and-threa
tened
punda amecheka
Angelica _ann
#672 Posted : Tuesday, January 21, 2020 8:13:21 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,675
newfarer wrote:
paulkimani wrote:
https://www.google.co.uk/amp/s/www.capitalfm.co.ke/business/2020/01/cytonn-launches-home-ownership-savings-platform/amp/

“Cytonn Investments, who has structured CAHIP, has partnered with the Cytonn Money Markey Fund managed by Cytonn Asset Managers Limited, to provide those saving towards home purchase with an attractive investment proposition, compared to those currently available in the market, with the target yield of 11.0 percent per annum”

oh dear ponzi



Cytonn has partnered with Cytonnsmile smile

How is this different from simple homes




https://www.sde.co.ke/ar...ground-with-their-money


https://www.standardmedi...ere-monitored-and-threa
tened



https://www.capitalfm.co...p-savings-platform/amp/


Cytonn launches home ownership savings platform


Cytonn Investments has launched the first Home Ownership Savings platform within a regulated collective investment scheme, Cytonn Affordable Housing Investment Plan (CAHIP), whose key objective is “Building a deposit towards your housing”.

As part of the Finance Bill 2019 that was assented to by the President on November 7th 2019, the scope of approved Institutions which can hold savings towards Home Ownership Savings Plan was expanded to include Fund Managers and Investments Banks registered under the Capital Markets Act, effective January 1, 2020.

Cytonn Investments, who has structured CAHIP, has partnered with the Cytonn Money Markey Fund managed by Cytonn Asset Managers Limited, to provide those saving towards home purchase with an attractive investment proposition, compared to those currently available in the market, with the target yield of 11.0 percent per annum.

Speaking at the launch, Cytonn Chief Operating Officer, Shiv Arora said, “We are constantly striving to provide creative and innovative solutions in support of the government’s affordable housing agenda and Cytonn Affordable Housing Investment Plan (CAHIP) is one of those solutions. CAHIP will provide individuals saving towards home purchase with an attractive investment proposition, compared to those currently available in the market, and thus enhance their ability to purchase or construct a residential house.”

“Potential home buyers will benefit from CAHIP through; (i) accessing a flexible platform for savings towards home purchase, (ii) tax advantages with a reduction of their taxable income to a maximum of Sh8,000 per month or Sh96,000 per annum, in addition to a tax exemption on interest income earned by the depositor on a HOSP deposit of up to a maximum of Sh3.0 million, (iii) relatively high returns compared to the market, with a target yield of 11.0 percent, and (iv) a relatively low initial investment of Sh1,000 and minimum monthly contribution of Sh1,000, ‘’ he stated.

In addition, CAHIP provides a platform that will enable individuals develop a credit profile, as the savings made by a subscriber act as proof to a financial institution of their creditworthiness, thus raising their chances of accessing a mortgage loan upon maturity of the savings, in addition to encouraging a savings culture which ultimately makes it easier for an individual to acquire a home by efficiently raising a deposit for a house loan.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
paulkimani
#673 Posted : Tuesday, January 21, 2020 9:11:14 PM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...-to-the-targetted-group/
Angelica _ann
#674 Posted : Tuesday, January 21, 2020 9:46:02 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,675
paulkimani wrote:
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...to-the-targetted-group/


They are experts in investment accessing wide global markets.

They are also regulated by CMA.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
newfarer
#675 Posted : Wednesday, January 22, 2020 8:04:16 AM
Rank: Elder


Joined: 3/19/2010
Posts: 3,478
Location: Uganda
Angelica _ann wrote:
paulkimani wrote:
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...to-the-targetted-group/


They are experts in investment accessing wide global markets.

They are also regulated by CMA.


Did they sort out their issues with CMA
punda amecheka
paulkimani
#676 Posted : Wednesday, January 22, 2020 9:47:39 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
Cytonn are not “experts” in any area. They are not specialists.

Are they real estate developers, a deposit-taking coop or financial advisers? They are a jack of all trades and masters of none.

Co-op bank walked away and refused to regulate Cytonn Asset Managers and NONE of the other banks who have authority to regulate will touch them - even with a 6 foot rod! If the experts (the banks) won’t touch them... oh dear ponzi




Angelica _ann wrote:
paulkimani wrote:
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...to-the-targetted-group/


They are experts in investment accessing wide global markets.

They are also regulated by CMA.

Horton
#677 Posted : Wednesday, January 22, 2020 10:29:27 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,536
Location: Nairobi
paulkimani wrote:
Cytonn are not “experts” in any area. They are not specialists.

Are they real estate developers, a deposit-taking coop or financial advisers? They are a jack of all trades and masters of none.

Co-op bank walked away and refused to regulate Cytonn Asset Managers and NONE of the other banks who have authority to regulate will touch them - even with a 6 foot rod! If the experts (the banks) won’t touch them... oh dear ponzi




Angelica _ann wrote:
paulkimani wrote:
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...to-the-targetted-group/


They are experts in investment accessing wide global markets.

They are also regulated by CMA.



Trying to find any of your posts on Wazua....just curious why they are ALL localized on this post? Is there an agenda? You don’t post on any other forum...
paulkimani
#678 Posted : Wednesday, January 22, 2020 10:38:49 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
Hi Horton/Edwin

As I’ve explained to you many times, yes I’ve taken an interest in this ponzi. Not everyday you have 100 ponzi’s to choose from.

Think of me as Peter Pan. But instead of giving to the poor (or in this case, the average layman, rich or poor), I simply give my two cents.

If you don’t like it, that’s fine.
I’m entitled to my opinions on this Wazua forum focused on Cytonn




Horton wrote:
paulkimani wrote:
Cytonn are not “experts” in any area. They are not specialists.

Are they real estate developers, a deposit-taking coop or financial advisers? They are a jack of all trades and masters of none.

Co-op bank walked away and refused to regulate Cytonn Asset Managers and NONE of the other banks who have authority to regulate will touch them - even with a 6 foot rod! If the experts (the banks) won’t touch them... oh dear ponzi




Angelica _ann wrote:
paulkimani wrote:
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...to-the-targetted-group/


They are experts in investment accessing wide global markets.

They are also regulated by CMA.



Trying to find any of your posts on Wazua....just curious why they are ALL localized on this post? Is there an agenda? You don’t post on any other forum...

Horton
#679 Posted : Wednesday, January 22, 2020 11:09:50 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,536
Location: Nairobi

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Confirm you haven’t been sponsored to give your “2 cents”




paulkimani wrote:
Hi Horton/Edwin

As I’ve explained to you many times, yes I’ve taken an interest in this ponzi. Not everyday you have 100 ponzi’s to choose from.

Think of me as Peter Pan. But instead of giving to the poor (or in this case, the average layman, rich or poor), I simply give my two cents.

If you don’t like it, that’s fine.
I’m entitled to my opinions on this Wazua forum focused on Cytonn




Horton wrote:
paulkimani wrote:
Cytonn are not “experts” in any area. They are not specialists.

Are they real estate developers, a deposit-taking coop or financial advisers? They are a jack of all trades and masters of none.

Co-op bank walked away and refused to regulate Cytonn Asset Managers and NONE of the other banks who have authority to regulate will touch them - even with a 6 foot rod! If the experts (the banks) won’t touch them... oh dear ponzi




Angelica _ann wrote:
paulkimani wrote:
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...to-the-targetted-group/


They are experts in investment accessing wide global markets.

They are also regulated by CMA.



Trying to find any of your posts on Wazua....just curious why they are ALL localized on this post? Is there an agenda? You don’t post on any other forum...


paulkimani
#680 Posted : Wednesday, January 22, 2020 11:25:48 AM
Rank: New-farer


Joined: 1/19/2016
Posts: 98
Horton wrote:

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Confirm you haven’t been sponsored to give your “2 cents”




paulkimani wrote:
Hi Horton/Edwin

As I’ve explained to you many times, yes I’ve taken an interest in this ponzi. Not everyday you have 100 ponzi’s to choose from.

Think of me as Peter Pan. But instead of giving to the poor (or in this case, the average layman, rich or poor), I simply give my two cents.

If you don’t like it, that’s fine.
I’m entitled to my opinions on this Wazua forum focused on Cytonn




Horton wrote:
paulkimani wrote:
Cytonn are not “experts” in any area. They are not specialists.

Are they real estate developers, a deposit-taking coop or financial advisers? They are a jack of all trades and masters of none.

Co-op bank walked away and refused to regulate Cytonn Asset Managers and NONE of the other banks who have authority to regulate will touch them - even with a 6 foot rod! If the experts (the banks) won’t touch them... oh dear ponzi




Angelica _ann wrote:
paulkimani wrote:
“First the Cytonn Money Market fund that the Cytonn investment company want to rely on for this housing savings to yield up to 11% per annum has issues because the Cytonn PLC is currently acting as a bank and is offering loans to its own real estate projects at 18% p.a.

Secondly, Cytonn’s Money Market Fund (CMMF) claims an annual return of about 10.7% per annum since a portion of its fund is invested in treasury bonds and bills earning a maximum rate of 10% per annum; the increase in performance is because a portion of CMMF funds is invested in Cytonn High Yield Solutions at 18% and consequently, Cytonn’s declining property portfolio. So there is no way Cytonn can claim that it’s CMMF can yield up to 11% per annum and that it targets over 10, 000 people.”

http://www.254news.co.ke...to-the-targetted-group/


They are experts in investment accessing wide global markets.

They are also regulated by CMA.



Trying to find any of your posts on Wazua....just curious why they are ALL localized on this post? Is there an agenda? You don’t post on any other forum...




I haven’t but even if I was sponsored so what? Are you forced to read my view? No.
Just like Cytonn bribed Alykhan satchu, who before the bribe said he couldn’t comment on Cytonn because Cytonn was not transparent. Once bribed he became Cytonns biggest fan, the same “expert” who was outed for insider trading (KenKobil)

To be clear Horton/Edwin - you don’t like what I say, scroll on. From now on I won’t answer the same question again from you.

This is a forum. I am entitled to my views. I am not sponsored but even if you think I am - then don’t read my opinion! Good day Edwin Dande, CEO Cytonn ponzi (I mean investment... or asset managers... or affordable housing... or whatever the ponzi claims to do)
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