Rank: Elder Joined: 3/19/2010 Posts: 3,505 Location: Uganda
|
provicky wrote:@Hunderwear,I don't despise your opinion.It is true that FEP's foundation are on Kingdom Principles.It is quite unfortunate that in the past the Church has faltered especially in Investments.
However FEP started in 2002 and is working on a 13 year vision to have the above mentioned by 2015 then go IPO in 2016.
We currently have offices in 18 Counties so far including Meru,Kisumu,Mombasa,Kericho,Kirinyaga,Nyeri,Nakuru,Kitale among others....
It is funny that majority of Kenyans only want to get in very late yet people in FEP started investing in 2007 to date and now we are issuing the 3rd and last generation share which will close by Dec 15th 2012 or before.
When we get the DTM, we will be on the acceleration lane and many things will change.
It is interesting to see how the trend has always been.....Companies do IPO to raise alot of money to expand their reach.By 2015, FEP will be in at least 40 counties in Kenya and will not spend alot of money in expansion but in other profitable activities for the Investors.
The truth is the some of the first generation billionaires e.g Njenga(R.I.P) and Michuki(R.I.P) is slowly exiting and the current crop is made up of the likes of James Mwangi Equity, some guys in Family Bank, Co-op Bank and the guys of Transentury.
In the next few years from 2016 onwards, FEP is gonna be a household name and will have created Billionaries and Millionaires.
Question is which side will you be,a customer or an Investor?
April. 9. 2012
Post 12
Are you still at FEP ama you were the paid piper? Behold FEP investors have all become philosophers. You know things are thick when everyone becomes a philosopher. punda amecheka
|