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20% Stake for $100,000
Rank: Member Joined: 5/22/2009 Posts: 206
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I'd like to sell a 20% stake in a 5-year-old Electrical Engineering Company for $100,000. Although the company has a healthy bottom line, it needs the capital to finance its expansion activities. If you are interested in this opportunity, please send me an email at investinelec25@gmail.com. Finally, I'd prefer to discuss issues to do with the business in a formal setting, an office, for example, rather than on this thread.
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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@TNT you do realise that you are valuing the company at over KShs 40m. Top of the head, your valuation means ideally:
* You should be generating at least KShs 6m after tax in profit, for a 7 year pay-back period.
* Or about KShs 8.5m profit before tax, with a revenue of about 42m annually (assuming CEO salary 1m, staff 1m monthly)
* And a fixed deal pipeline, down on contract, worth at least 21m annually, over 3 years, minimum of 3 clients Leaving only 50% open to hustling, by a committed CEO with institutional memory.
Good speed...
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Rank: Member Joined: 5/22/2009 Posts: 206
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muganda wrote:@TNT you do realise that you are valuing the company at over KShs 40m. Top of the head, your valuation means ideally:
* You should be generating at least KShs 6m after tax in profit, for a 7 year pay-back period.
* Or about KShs 8.5m profit before tax, with a revenue of about 42m annually (assuming CEO salary 1m, staff 1m monthly)
* And a fixed deal pipeline, down on contract, worth at least 21m annually, over 3 years, minimum of 3 clients Leaving only 50% open to hustling, by a committed CEO with institutional memory.
Good speed... @ Muganda: Have you seen the company's books/audited accounts? Please do not comment just for the sake of it.
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Rank: Veteran Joined: 11/15/2012 Posts: 1,110
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Why are you using gmail accounts for official communication if you have a serious business? I may be wrong, but there is no way a company valued at $ 500,000 will lack a website and official e-mail address for that matter. Definitely, your valuation is wrong. Live Full Die Empty - Les Brown.
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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TNT wrote:@ Muganda: Have you seen the company's books/audited accounts?
Please do not comment just for the sake of it.
@TNT touché, comment in good faith Your post only said what one requires to put IN. I figured someone with the money would be enticed to enquire if you also shared some numbers THEY would be interested in.
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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muganda wrote:@TNT you do realise that you are valuing the company at over KShs 40m. Top of the head, your valuation means ideally:
* You should be generating at least KShs 6m after tax in profit, for a 7 year pay-back period.
* Or about KShs 8.5m profit before tax, with a revenue of about 42m annually (assuming CEO salary 1m, staff 1m monthly)
* And a fixed deal pipeline, down on contract, worth at least 21m annually, over 3 years, minimum of 3 clients Leaving only 50% open to hustling, by a committed CEO with institutional memory.
Good speed...
This is why i love wazua
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Rank: Member Joined: 5/22/2009 Posts: 206
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muganda wrote:TNT wrote:@ Muganda: Have you seen the company's books/audited accounts?
Please do not comment just for the sake of it.
@TNT touché, comment in good faith Your post only said what one requires to put IN. I figured someone with the money would be enticed to enquire if you also shared some numbers THEY would be interested in. If you are a potential investor, I'd be happy to schedule a meeting with you, at your convenience. During our meeting, I'll grant you unrestricted access to the business's books of account, which is about five years worth of financial data. Until that time, you are speaking from a position of ignorance, unless of course, you've already seen the aforementioned data. Have you?
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Rank: Member Joined: 5/22/2009 Posts: 206
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InnovateGuy wrote:Why are you using gmail accounts for official communication if you have a serious business? I may be wrong, but there is no way a company valued at $ 500,000 will lack a website and official e-mail address for that matter. Definitely, your valuation is wrong. I'll ignore your first point for obvious reasons, but just to indulge you a little, the business has a website and uses MS Outlook as a backup email solution. However, you should be smart enough to realize that online presence (Website, Social Media, Pinterst, YouTube) is not necessary synonymous with legit. On to your second point, what is the correct valuation, sir, and how have your arrived at that valuation, especially since you haven't even seen the business's balance sheet? Please enlighten the Wazua community on the business's true valuation. Just ignore the fact that you lack the necessary financial data to value it, of course.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Wacheni siasa.....if ur truly interested give the brother/sister (TNT)a holla. Stop poking holes when you don't have all the facts
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Rank: Member Joined: 5/22/2009 Posts: 206
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Horton wrote:Wacheni siasa.....if ur truly interested give the brother/sister (TNT)a holla. Stop poking holes when you don't have all the facts Thank you for your voice of reason. I appreciate it.
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Rank: Member Joined: 4/2/2011 Posts: 629 Location: Nai
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TNT wrote:I'd like to sell a 20% stake in a 5-year-old Electrical Engineering Company for $100,000. Although the company has a healthy bottom line, it needs the capital to finance its expansion activities. If you are interested in this opportunity, please send me an email at investinelec25@gmail.com. Finally, I'd prefer to discuss issues to do with the business in a formal setting, an office, for example, rather than on this thread. TNT Wazua has a long memory, remember this post? http://www.wazua.co.ke/f...spx?g=posts&t=24805
I am willing to bet that you are the 'friend' that akowally was referring to, the one also called R2. You refused to answer the questions that Wazuans asked then. Nothing has really changed. The promise you make on returns seemed at best tenuous then as the valuation you place on the company is now.
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Rank: Member Joined: 5/22/2009 Posts: 206
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accelriskconsult wrote:TNT wrote:I'd like to sell a 20% stake in a 5-year-old Electrical Engineering Company for $100,000. Although the company has a healthy bottom line, it needs the capital to finance its expansion activities. If you are interested in this opportunity, please send me an email at investinelec25@gmail.com. Finally, I'd prefer to discuss issues to do with the business in a formal setting, an office, for example, rather than on this thread. TNT Wazua has a long memory, remember this post? http://www.wazua.co.ke/f...spx?g=posts&t=24805
I am willing to bet that you are the 'friend' that akowally was referring to, the one also called R2. You refused to answer the questions that Wazuans asked then. Nothing has really changed. The promise you make on returns seemed at best tenuous then as the valuation you place on the company is now. @accelriskconsult: Two things: First, it is common knowledge that TNT = R2. After all, I believe I said so myself. Secondly, had you invested and I refused to pay you what I had promised, then you'd have a real grievance. As it is, you sound bitter but I have no idea why since you never invested with me.
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Rank: Member Joined: 4/26/2011 Posts: 759
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TNT wrote:I'd like to sell a 20% stake in a 5-year-old Electrical Engineering Company for $100,000. Although the company has a healthy bottom line, it needs the capital to finance its expansion activities. If you are interested in this opportunity, please send me an email at investinelec25@gmail.com. Finally, I'd prefer to discuss issues to do with the business in a formal setting, an office, for example, rather than on this thread. I usually have a problem when a Kenyan price anything in Dollars because in my experience any dollar priced good or services in Kenya tend to be overpriced/reap off. Talk to the taxi men at JKIA.... they'll always give a different and always high price in Dollars before they come down once you ask in Shillings! Would you be interested in selling a smaller percentage with a Synthetic Option( Call-Put) within the agreed terms where the buy will buy the entire 20% if the company meet certain margin percentage or you'll be force to buy back the % bought if the company do not meet pre-agreed target?
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Rank: Member Joined: 8/29/2008 Posts: 571
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Rollout wrote:TNT wrote:I'd like to sell a 20% stake in a 5-year-old Electrical Engineering Company for $100,000. Although the company has a healthy bottom line, it needs the capital to finance its expansion activities. If you are interested in this opportunity, please send me an email at investinelec25@gmail.com. Finally, I'd prefer to discuss issues to do with the business in a formal setting, an office, for example, rather than on this thread. I usually have a problem when a Kenyan price anything in Dollars because in my experience any dollar priced good or services in Kenya tend to be overpriced/reap off. Talk to the taxi men at JKIA.... they'll always give a different and always high price in Dollars before they come down once you ask in Shillings! Would you be interested in selling a smaller percentage with a Synthetic Option( Call-Put) within the agreed terms where the buy will buy the entire 20% if the company meet certain margin percentage or you'll be force to buy back the % bought if the company do not meet pre-agreed target? Maybe you list your firm at the GEM segment of the NSE ?That time I'll be willing to have a look at your firm.....
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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@TNT, I also have an issue regarding the gmail email.. What is so confidential about your firm's website? i.e unless you are doing this behind the back(s) of the other diretors(s)..?
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Rank: Member Joined: 8/29/2008 Posts: 571
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Chaka wrote:@TNT, I also have an issue regarding the gmail email.. What is so confidential about your firm's website? i.e unless you are doing this behind the back(s) of the other diretors(s)..? If you are an investor and you dont know this guy.You have to be careful.Secondly,he is selling a 20% stake.And he will be holding 80% stake.This means he will like a buffalo playing hide-n-seek with a goat....
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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This has been annual! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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Chaka wrote:@TNT, I also have an issue regarding the gmail email.. What is so confidential about your firm's website? i.e unless you are doing this behind the back(s) of the other diretors(s)..? Why are people having issues with gmail emails? From experience, gmail and the like are more reliable than most of the personalized emails. That is why a company worth 1mn usd, will find it convenient to use gmail. This is from experience. I've also learnt over the years, business people and the employed think differently. Practical vs Theoretical.
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Rank: Member Joined: 5/22/2009 Posts: 206
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Angelica _ann wrote:This has been annual! Care to elaborate?
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Rank: Member Joined: 5/22/2009 Posts: 206
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mkeiy wrote:Chaka wrote:@TNT, I also have an issue regarding the gmail email.. What is so confidential about your firm's website? i.e unless you are doing this behind the back(s) of the other diretors(s)..? Why are people having issues with gmail emails? From experience, gmail and the like are more reliable than most of the personalized emails. That is why a company worth 1mn usd, will find it convenient to use gmail. This is from experience. I've also learnt over the years, business people and the employed think differently. Practical vs Theoretical. Thank you for your invaluable insight. I appreciate it.
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