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Partners
shareholder
#1 Posted : Wednesday, April 15, 2009 4:59:00 AM
Rank: Member

Joined: 1/3/2009
Posts: 5
Good day SK members. I am seeking serious partners who would be interested in financing big projects and LPO's. These are investments that have good ROI (min 40%) and quick turnaround/payment spans of 30 - 60 days. The immediate financing requirements for the various projects are in the range of 1 to 20 million.
If you are keen on engaging on these joint ventures,please write to antony@bigiafrica.com or call Antony on 0734 801748. I look forward to hearing from you.
Kind regards.

$$$
Mainat
#2 Posted : Wednesday, April 15, 2009 5:11:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Pyramid scheme you mean? Projects my ..tt

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
shareholder
#3 Posted : Wednesday, April 15, 2009 5:33:00 AM
Rank: Member

Joined: 1/3/2009
Posts: 5
Mainat,sometimes you have to be serious in life. If all you can think of in Projects and LPOs from Kengen,KPLC and REA is pyramid schemes,too bad for you.
Shareholder.

$$$
Fundaah
#4 Posted : Wednesday, April 15, 2009 6:14:00 AM
Rank: Elder

Joined: 11/19/2008
Posts: 1,267


Aiiiiiiiiiiiiiiiiii

'These are investments that have good ROI (min 40%) and quick turnaround/payment spans of 30 - 60 days'.or 480% ROI per year

If not pyramid scheme,then 'Unga' or Pirates??



I mean fundamental analysis,you get me? Fundamental analysis of a business involves analyzing its financial statements and health,its management and competitive advantages,and its competitors
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
shareholder
#5 Posted : Wednesday, April 15, 2009 7:12:00 AM
Rank: Member

Joined: 1/3/2009
Posts: 5
I am simply astonished at the responses people are posting on this discussion. For the doubting Thomases,rural electrification is an ongoing activity in Kenya. We have an LPO from REA (dated April 1 2009) for 300,11m treated wood poles. The LPO is worth KShs.3,450,000. The initial 30% has been delivered as required (immediately). the balance 70% is to be delivered within 30 days from date of order. We don't have this money.

Simple arithmetic shows that the margins are well over 40% and this is not Unga,Piracy,or a Pyramid Scheme. This is a rural electrification project requisitioned and funded by a government agency.

For the doubting Thomases,we will visit the requisitioning agency,confirm the orders are genuine,visit the receiving depot and confirm documentation and delivery of the said 30%. Im in a hurry guys and if you are not interested,that is still OK,it is just business,no need for jokers.

$$$
Iganamagana
#6 Posted : Wednesday, April 15, 2009 7:36:00 AM
Rank: Veteran

Joined: 3/27/2009
Posts: 1,437
@Shareholder,

Get into the nearest street,locate the nearest bank,walk in there,ask to see the manager.

Once in the managers office,present your case. If you problem is not solved,then I doubt whether we can solve it here.

How did you get the contract without proof of ability to finance the same? Oops,I forgot this is Kenya.



IGANA.
kamurigo
#7 Posted : Wednesday, April 15, 2009 10:49:00 AM
Rank: Member

Joined: 10/8/2008
Posts: 82
If you delivered 30% and got paid at an interest of 40%,.............................
you can now use the cash to purchase another 30%..........................
plus 12% from profits made....................
Now you can deliver 42% of the tender..................................
Shareholder,you think we have not learnt the hard way....................
You want to take us down the garden path..........................
Take a walk in the bundu with someone else..................

Take one step at a time.
Bareta
#8 Posted : Wednesday, April 15, 2009 11:55:00 AM
Rank: Member

Joined: 11/5/2008
Posts: 86
There are a few banking institutions that can negotiate for you an LPO. Walk into one of them e.g Equity Bank. Explain your case,they can give you the funds.

Alternatively,talk to your bank for an Overdraft. I would imagine from the figures,your cashflow is quite good. An OD to support your operations shouldn't be an issue.

All the best.


Chief
Kiz
#9 Posted : Wednesday, April 15, 2009 1:44:00 PM
Rank: Member

Joined: 5/6/2008
Posts: 13
@ Shareholder

if i'm willing to invest what is the security of my money or is the element of trust.


Kim
VituVingiSana
#10 Posted : Wednesday, April 15, 2009 1:52:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
LOL... 1) How did you get the order without proof of financial wherewithal? 2) Go to Equity Bank (or any other bank) 3) Did you bribe to get this deal? 4) LOL... I am on with MainaT on this one.


Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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