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Foutain Investment club
Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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@innairobi, when buying into a company as an ordinary shareholder i either look at the company's net assets(net of liabilities), DCF, NPV of ongoing projects, projected future profits on ongoing business activities & growth prospects based on the same. I see non of this with your purpoted firm i.e. no business activities to prospect on that are providing cashflows, no activities to pin growth on, strategies & time frame on how to get the various licences(it took equity 20 yrs to get a banking licence), no assets to assist in providing income apart from the 'members' money' & 'sacco' . It's being called a holding company with subsidiaries with no biz activities. Simply said i'd call it a formalised ponzi scheme Madoff style. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Member Joined: 3/17/2008 Posts: 567 Location: Nairobi
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2 Falacies in the above presumption by @innairobi
1. On October 2013 - They say youll have 1M shares worth 1/- each. When they do a private placement the shares will each be worth 10/- overnight. - The value of a company does not depend on who its being sold to. The assumption is that all potential buyers are reasonable.
2. Same in 2016 the share rise x10 overnight when they are doing an IPO. Same logic as above.
Out of the x500 growth they promise, a x100 rise is not justifiable. What is justifiable is a x5 growth which in 5 years is pretty good. x500 growth is wishfull thinking.
My 2 cents.
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Rank: Veteran Joined: 12/9/2010 Posts: 894 Location: Nairobi
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erifloss wrote:@innairobi, when buying into a company as an ordinary shareholder i either look at the company's net assets(net of liabilities), DCF, NPV of ongoing projects, projected future profits on ongoing business activities & growth prospects based on the same. I see non of this with your purpoted firm i.e. no business activities to prospect on that are providing cashflows, no activities to pin growth on, strategies & time frame on how to get the various licences(it took equity 20 yrs to get a banking licence), no assets to assist in providing income apart from the 'members' money' & 'sacco' . It's being called a holding company with subsidiaries with no biz activities. Simply said i'd call it a formalised ponzi scheme Madoff style. @erifloss, i concur. u have stripped naked this boon/sham Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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Rank: Member Joined: 9/2/2010 Posts: 845
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Dont beat the messenger. My only insertion there was the statement "Fountain Group is moving into Banking?". Was bouncing it off the forum as an FYI and to get your thoughts. I am not a member of Fountain. Maybe @aemathenge can shed more light on their ambitious projections. I agree with the general view thus far. I would also add that the email does not meet the threshold of professional communication for an organization speaking in billions of shillings. It sounds ponziiiish. Hiyo tu. All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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The idea is quite good, ditto the enthusiasm. Achievable, maybe but 50,000% seems ponzyish at worst and naive at best.....
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Rank: Hello Joined: 7/30/2011 Posts: 1
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Tommy wrote:erifloss wrote:@innairobi, when buying into a company as an ordinary shareholder i either look at the company's net assets(net of liabilities), DCF, NPV of ongoing projects, projected future profits on ongoing business activities & growth prospects based on the same. I see non of this with your purpoted firm i.e. no business activities to prospect on that are providing cashflows, no activities to pin growth on, strategies & time frame on how to get the various licences(it took equity 20 yrs to get a banking licence), no assets to assist in providing income apart from the 'members' money' & 'sacco' . It's being called a holding company with subsidiaries with no biz activities. Simply said i'd call it a formalised ponzi scheme Madoff style. @erifloss, i concur. u have stripped naked this boon/sham ================================================= How do I differentiate FOUNTAIN ENTERPRISES PROGRAMME(FEP)from the previous PYRAMID SCHEMES.Why has it come with alot of force especially mashambani and almost election time?just like DECI? 
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Rank: Veteran Joined: 1/16/2007 Posts: 1,320
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erifloss wrote:@innairobi, when buying into a company as an ordinary shareholder i either look at the company's net assets(net of liabilities), DCF, NPV of ongoing projects, projected future profits on ongoing business activities & growth prospects based on the same. I see non of this with your purpoted firm i.e. no business activities to prospect on that are providing cashflows, no activities to pin growth on, strategies & time frame on how to get the various licences(it took equity 20 yrs to get a banking licence), no assets to assist in providing income apart from the 'members' money' & 'sacco' . It's being called a holding company with subsidiaries with no biz activities. Simply said i'd call it a formalised ponzi scheme Madoff style. Umenena. Hii ni ponzi kabisa. Confirmed after seeing this.. http://www.youtube.com/watch?v=Na-0EtrKtTg
Smoke and mirrors tupu.
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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Rank: Member Joined: 1/28/2009 Posts: 353 Location: Cloud
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is Deci spelt the same way as Sasanet? How about Ponzi ? "For i am the master and the captain of my fate"
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Rank: Member Joined: 11/6/2006 Posts: 276
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these guys are smart and with the idea and the money.. of course i would ask to have a look at a books before i invest.. the only thing i do not like is their headquarters location.. it is too posh.. but from seeing where they are holding meetings i have an inkling they are really interested in a base from a particular sub-region/county.. which luckily happens to be where i come from and a disadvantage to who i can call 'andu a ruguru'..
These investment groups and are the way to go... i have seen them work elsewhere..
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Rank: Member Joined: 11/24/2011 Posts: 833
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what came of this FEP? what are the returns so far by 2012?
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Rank: Member Joined: 11/6/2009 Posts: 11
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Hi people,i have read through the threads and yes FEP is alive and kicking and it is no ponzi scheme or anything close. The crazy returns are very realistic.It is exactly what the other companies like Equity went through PPO and IPO.The reason why most of us are surprised is because we are on the side of buying shares...not selling.If you were on the other side, you'd be talking different. These are things that are only discussed in 5 star hotels and then the ordinary Kenyans come in at IPO level. The REAL opportunity here is to be an Anchor Investor/Founder Investor in an upcoming bank. The FEP Group CEO will be doing presentations from tommorow Tuesday,Wednesday and Thursday at Nairobi Baptist Church from 5:30pm. For anyone who doubts anything about FEP, please make sure you attend the meetings. P.S I invested last year March(2011) in FEP and iam currently working with the Technology company....and yes we have done an overhaul of the old website which we will be uploading the new one soon. Just in case you want to get details call me on 0725690651 The Contacts for the H.Q are Kilimani Business Center 1st Floor, Kirichwa Road P.O. Box 72367-00200, Nairobi Tel: 020 2501812 | 0718 630001 Email info@fep-group.comWebsite www.fep-group.com
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Rank: Member Joined: 11/6/2009 Posts: 11
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Just to be clear, our Vision 2015 is to achieve the following:
1.A fully fledged successful bank
2.A fully fledged media house
3.A chain of hotels
4.A group of schools
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Rank: Member Joined: 11/6/2009 Posts: 11
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I would strongly urge each one of you who would like to be on the lower right of the Cashflow Quadrant (the I) to join us tommorow, Wednesday and Thursday at Nairobi Baptist Church to hear from the Vision bearer himself where we have come from, where we are and where we are going.
Also it would be a good opportunity for those who just want to engage their intellect and get to learn more than the little we know about stocks,investments and shares.
This is a whole different ball game which has been hidden for a long time to the big boys only in 5 star hotels but for the first time you will get to hear the real secrets of the greatest powerhouse in the service industry ....THE BANK.
Come and come with a friend.
Tuesday, Wednesday and Thursday 5:30 pm Nairobi Baptist Church,Ngong Road next to Daystar University.
Karibu.
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Rank: Member Joined: 4/2/2009 Posts: 17 Location: Nairobi
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Am a part of FEP & i can assure you these are the secrets the "few" wealthy Kenyans cannot share with us but now we know. The returns make sense to me because i have read & understood how to be wealthy & not in a few million shillings but in dollars $$$ & if you are working hard to be a rich, you will only be a millionaire but when you work hard & smart & get your company the levels of PPO & IPO, you are an assured billionaire. Ask Mwangi of Equity & the likes who are buying into companies in real estate, media, insurance & banks & they are doing PPO's & IPO's...you will get to see where the wealth is coming from. In the Previous post @Provicky asked are you the one selling shares of your company or are you just a buyer? Read the following posts: http://www.kenyanlist.co...sting-show.php?id=64191 and: http://mobile.businessda.../-/2kltioz/-/index.html finally: http://allafrica.com/stories/201110100934.html Billionaires, see you at the top
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Rank: Veteran Joined: 1/16/2007 Posts: 1,320
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Rank: Member Joined: 6/25/2010 Posts: 176
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Rank: Member Joined: 6/25/2010 Posts: 176
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provicky wrote:Just to be clear, our Vision 2015 is to achieve the following:
1.A fully fledged successful bank
2.A fully fledged media house
3.A chain of hotels
4.A group of schools Provicky, we need to see ur financial reports. There is nothing of the sort on the website Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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dave.kim wrote:provicky wrote:Just to be clear, our Vision 2015 is to achieve the following:
1.A fully fledged successful bank
2.A fully fledged media house
3.A chain of hotels
4.A group of schools Provicky, we need to see ur financial reports. There is nothing of the sort on the website You can download the annual report here http://www.fep-group.com...ownloads/viewcategory/4
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
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Rank: New-farer Joined: 8/15/2011 Posts: 20 Location: denver
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Thank You very much for sharing this very helpful and useful information regarding investment clubs.As,I am an investor,So,your info would be proved very helpful for me. Keep Sharing!!! work permit canada
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