Today the race is finally over.
While the IT Team at Adeem Investments put up an incredible fight, at the last moment the GFH Team lapped them.
Yes, in less than 115 days, GFH updated its website for several S&P rating downgrades and one upgrade.
Many commentators out there, including Abu Arqala, credit GFH will an innovative strategy which literally helped them lap Adeem several times. Instead of going through each of S&P's downgrades and its one upgrade in sequence, GFH jumped to the last ratings action (an upgrade from SD to CCC-).
It's that sort of bold decisive action that has earned GFH the well deserved name it has in the market as well as reconfirming yet again (as if that were really needed) the validity of their business model and the unshakable faith and support of the market ....
This blog tried to contact the Adeem Team to get their reactions to this dramatic defeat, but since their website is still being upgraded to serve all of us better, sadly we were unable to make contact.
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