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25% ROI for Investment in Elec
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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OAN, the chap may want to look at this >>> 2013 EAC Electricians Seminars - East African Cables >>> http://www.eacables.com/index.p...&catid=1:latest-news
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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& would like to hear his response to post no. 24
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Rank: Member Joined: 8/16/2012 Posts: 661
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How about cc @admin on password reset for R2? Sio ngumu sana. Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Member Joined: 5/22/2009 Posts: 206
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Hi, I am the one you know as R2.
First off, I'd like to thank my friend Walter for defending my so gallantly against the naysayers - and they are many of them on Wazua - even though he didn't actually have to do it. So, Thank you Walter.
Secondly, perhaps you'd like to know how the Writing Business and the Tire Business fared after all the stick I got here regarding the same.
Well, the Writing Business is still strong and I sold all 10 tires to some garage in Ngong Town that kept on placing more orders, but unfortunately,I left Sameer African before I could do more business with them. By the way, what I was selling blemish tires, so I could offer below market rates.
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Museveni wrote:How about cc @admin on password reset for R2?
Sio ngumu sana. Alternatively create another user name...... kwani? Thieves
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Rank: Member Joined: 5/22/2009 Posts: 206
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Hi, I am the one you know as R2.
First off, I'd like to thank my friend Walter for defending my so gallantly against the naysayers - and they are many of them on Wazua - even though he didn't actually have to do it. So, Thank you Walter.
Secondly, perhaps you'd like to know how the Writing Business and the Tire Business fared after all the stick I got here regarding the same.
Well, the Writing Business is still strong and I sold all 10 tires to some garage in Ngong Town that kept on placing more orders, but unfortunately,I left Sameer African before I could do more business with them. By the way, what I was selling blemish tires, so I could offer them at below market prices.
Now that you know that I did well despite ignoring the many naysayers who tried rather hard to discourage me on both ventures, perhaps we can now discuss my current investment venture, which many Wazua naysayers have already judged and condemned without even first finding out what it entails.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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TNT wrote:Hi, I am the one you know as R2.
First off, I'd like to thank my friend Walter for defending my so gallantly against the naysayers - and they are many of them on Wazua - even though he didn't actually have to do it. So, Thank you Walter.
Secondly, perhaps you'd like to know how the Writing Business and the Tire Business fared after all the stick I got here regarding the same.
Well, the Writing Business is still strong and I sold all 10 tires to some garage in Ngong Town that kept on placing more orders, but unfortunately,I left Sameer African before I could do more business with them. By the way, what I was selling blemish tires, so I could offer them at below market prices.
Now that you know that I did well despite ignoring the many naysayers who tried rather hard to discourage me on both ventures, perhaps we can now discuss my current investment venture, which many Wazua naysayers have already judged and condemned without even first finding out what it entails. All I have for you is why haven't you approached a lending institution?? Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 5/22/2009 Posts: 206
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@guru267, we already have a bank loan product and we do not want to top-it-up or whatever the right term for that would be. Basically, we are looking for a longer breathing space, about a year or so, before we repay the loan(s), but we'd probably repay the loan(s)within 6 months or so, which is the typical invoice cycle.
Consider my investment offer a rights issue. I'm sure you know why companies choose to issue such rights.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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TNT wrote:@guru267, we already have a bank loan product and we do not want to top-it-up or whatever the right term for that would be. Basically, we are looking for a longer breathing space, about a year or so, before we repay the loan(s), but we'd probably repay the loan(s)within 6 months or so, which is the typical invoice cycle.
Consider my investment offer a rights issue. I'm sure you know why companies choose to issue such rights. @TNT, so it’s no longer a search for loan from wazuans but a search for capital (equity/sharesholder)?
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Rank: Member Joined: 5/22/2009 Posts: 206
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@mwekez@ji, it is still the same animal it was: a loan deal at an interest rate of 25% per annum.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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TNT wrote:Consider my investment offer a rights issue. I'm sure you know why companies choose to issue such rights. Is it a rights issue or a loan?? First of all a rights issue is primarily done for existing shareholders... Secondly a rights issue does not guarantee any kind of returns to the investor... Then back to the loan.... Why not just approach a bank and ask them for a 6 month grace period before you have to start repaying the loan?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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the use of probably answers everything ..... gudluck to your investors/partners!!!!!!!! Thieves
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Rank: Member Joined: 5/22/2009 Posts: 206
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@guru267, I used "right issue" as an analogy to help you understand that banks are not necessarily the only option, and many companies, including NSE-listed companies, actually prefer to avoid them when they can. In regards to your point about banks, I have already told you that we have a loan product from a bank. Anyway, if you know of banks that allow fairly seasoned business over six-months grace period on loans, please share the information. I would be very interested in such banks.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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TNT wrote: Hi, I am the one you know as R2.
First off, I'd like to thank my friend Walter for defending my so gallantly against the naysayers - and they are many of them on Wazua - even though he didn't actually have to do it. So, Thank you Walter.
Secondly, perhaps you'd like to know how the Writing Business and the Tire Business fared after all the stick I got here regarding the same.
Well, the Writing Business is still strong and I sold all 10 tires to some garage in Ngong Town that kept on placing more orders, but unfortunately,I left Sameer African before I could do more business with them. By the way, what I was selling blemish tires, so I could offer them at below market prices.
Now that you know that I did well despite ignoring the many naysayers who tried rather hard to discourage me on both ventures, perhaps we can now discuss my current investment venture, which many Wazua naysayers have already judged and condemned without even first finding out what it entails. @TNT a.k.a @R2, welcome back after a long break and congratulations for remembering your other password. Kindly email details of the venture to wazua@googlegroups.comPesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 5/22/2009 Posts: 206
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Pesa Nane aka naysayer. First off, I am yet to remember the password for the account with the username R2.
Secondly, I am not interested in emailing the details of my investment opportunity anywhere.
However, I am more than willing to meet with interested and able investors, along with their team of professionals including lawyers and accountants, either at my office or their offices.
At that time, I will furnish such investors with all the details they require, including our audited books of accounts complete with KRA payments.
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