Author Topic: centum is this another Ponzi?  (Read 883 times)

Offline KenyanPlato

  • Moderator
  • Enigma
  • *
  • Posts: 6430
  • Reputation: 6183
centum is this another Ponzi?
« on: September 14, 2017, 01:40:26 PM »
Kid with a stunted head wants to earn $1.3 million a month or $12M a year.. what a fuckery of kabuki is this thing

http://www.mwakilishi.com/article/business-news/2017-09-13/centums-james-mworia-sets-new-record-of-highest-paid-ceo?cid=h

Offline vooke

  • Moderator
  • Enigma
  • *
  • Posts: 5985
  • Reputation: 8906
Re: centum is this another Ponzi?
« Reply #1 on: September 14, 2017, 03:41:01 PM »
I have never bought Centum's success.

Look at how much profit they have made in the last 5yrs
From that's less revaluation gains.
2 Timothy 2:4  No man that warreth entangleth himself with the affairs of this life; that he may please him who hath chosen him to be a soldier.

Offline hk

  • VIP
  • Enigma
  • *
  • Posts: 1384
  • Reputation: 16501
Re: centum is this another Ponzi?
« Reply #2 on: September 14, 2017, 06:50:23 PM »
I have never bought Centum's success.

Look at how much profit they have made in the last 5yrs
From that's less revaluation gains.
Most of the profit they report is from capital gains not operating profit from their various businesses like Nairobi bottlers or sadian bank.

Offline vooke

  • Moderator
  • Enigma
  • *
  • Posts: 5985
  • Reputation: 8906
Re: centum is this another Ponzi?
« Reply #3 on: September 14, 2017, 07:23:24 PM »
I have never bought Centum's success.

Look at how much profit they have made in the last 5yrs
From that's less revaluation gains.
Most of the profit they report is from capital gains not operating profit from their various businesses like Nairobi bottlers or sadian bank.
Yep, cash is king in any business regardless of its complexity; if you keep on bleeding cash you won't last long
2 Timothy 2:4  No man that warreth entangleth himself with the affairs of this life; that he may please him who hath chosen him to be a soldier.