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How true is FEP??
QW25091985
#21 Posted : Wednesday, June 13, 2012 9:15:15 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
butterflyke wrote:
Could anyone who attended the event on 10th june share their thoughts?



after reading this

Quote:
A] You will note that Fountain Bank Limited[FBL] is yet to be licensed, to be licensed by August 2012. How do they accept deposits on the assumption that they will be licensed? What happens to the funds if they fail to be licensed?
B] Companies involved. There is FBL, then FEP Sacco Society Limited[FSSL], Fountain Holding Limited[FHL]and Georgia Investments Limited[GIL]
C] 'By investing in Fep-Group, you will become a founder owner of 13 Companies, 2 Clubs, and 1 Foundation.' never heared of any of these companies, have you?
D] Why is the Bank account under the name: Georgia Investments Limited and not FEP Holdings Limited?


you still want to know more about this sham of a company?
butterflyke
#22 Posted : Wednesday, June 13, 2012 9:49:44 PM
Rank: Elder


Joined: 5/1/2010
Posts: 3,024
Location: Hapa
shockingly, yes. I would like to read other opinions, whether concurring or differing.
Float like a butterfly, sting like a bee. - Muhammad AlišŸ
QW25091985
#23 Posted : Wednesday, June 13, 2012 10:22:58 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
butterflyke wrote:
shockingly, yes. I would like to read other opinions, whether concurring or differing.


this is the kind of attitude that led to so many people to loose their cash in ponzi schemes. because they are trying to justify a sham investment company because the returns are 'sweet'.
but who am i to judge ? lol
limanika
#24 Posted : Wednesday, June 13, 2012 11:15:58 PM
Rank: Veteran


Joined: 9/21/2011
Posts: 2,032
With all due respect, I think FEP has made a fundamental mistake to promise quite unrealistic returns within a very short timeframe. But maybe this was necessary for them to attract a certain segment of the market. What if the investment does not materialise? Is there risk of catastrophic failure, director flight or bankruptcy? I would ask myself such questions before investing in FEP
BGL
#25 Posted : Thursday, June 14, 2012 1:08:28 AM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
limanika wrote:
With all due respect, I think FEP has made a fundamental mistake to promise quite unrealistic returns within a very short timeframe. But maybe this was necessary for them to attract a certain segment of the market. What if the investment does not materialise? Is there risk of catastrophic failure, director flight or bankruptcy? I would ask myself such questions before investing in FEP



Talking big in FEP is the creed though irritating. However @ if you are sitting on the fence and calling everything a scam then you need a brain scan. How can SIC,FEP,MURAMATI etc etc all be scams.

Sample what Livo had to say about FEP .....

livo wrote:
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?
History will not remember you for your IQ. It will remember you for what you did. ā€œGenius is 1 percent inspiration, 99 percent perspiration.ā€ Thomas Edison
Kriscalf
#26 Posted : Thursday, June 14, 2012 10:56:03 AM
Rank: New-farer


Joined: 6/26/2011
Posts: 46
Location: Embakasi, Nairobi
While its good to focus on big money, it is also good to look at the 'growing' money, if I can call it so. FEP has quite a plan to achieve this and it is workable. I have been saving with them, & investing withing my capabilities & I haven't been dissapointed.
The bank thing, is a high risk, long term investment & in my opinion, it is worth the investment. If it doesn't work, which I don't see. They have a diversified & rich asset base. Investors wouldn't lose.
My take...
The stars will never align, & the traffic lights of life will Never go green at the same time.
butterflyke
#27 Posted : Thursday, June 14, 2012 5:13:02 PM
Rank: Elder


Joined: 5/1/2010
Posts: 3,024
Location: Hapa
QW25091985 wrote:
butterflyke wrote:
shockingly, yes. I would like to read other opinions, whether concurring or differing.


this is the kind of attitude that led to so many people to loose their cash in ponzi schemes. because they are trying to justify a sham investment company because the returns are 'sweet'.
but who am i to judge ? lol


i appreciate what you are trying to say but jump not to conclusion - who said anything about investing - i just want to hear what others have to say, not only one opinion

tuliza bwana
Float like a butterfly, sting like a bee. - Muhammad AlišŸ
QW25091985
#28 Posted : Thursday, June 14, 2012 5:56:11 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
please those of us who want to loose money please try a more enjoyable way other than this fep crap. try the casino !
BGL
#29 Posted : Monday, January 07, 2013 11:58:31 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
Architect lays down strong foundation for building wealth

http://www.businessdaily...0/-/yy0j4pz/-/index.html
History will not remember you for your IQ. It will remember you for what you did. ā€œGenius is 1 percent inspiration, 99 percent perspiration.ā€ Thomas Edison
mawinder
#30 Posted : Tuesday, January 08, 2013 11:01:43 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
[quote=BGL]Architect lays down strong foundation for building wealth

http://www.businessdaily.../-/yy0j4pz/-/index.html[/quote]
The article is sketchy.QW may have been right.
Kausha
#31 Posted : Tuesday, January 08, 2013 12:17:11 PM
Rank: Member


Joined: 2/8/2007
Posts: 808
This looks dodgy. Even if they have been doing apartments, they would certainly not be at 1.6B in 5yrs from scratch. unless they do flour/ phamarcy. The article is also poorly written it has little details relating to the title. Perhaps 'mushene with Kithaka' would have been more appropriate!
BO
#32 Posted : Tuesday, January 22, 2013 11:22:11 AM
Rank: Hello


Joined: 1/21/2013
Posts: 4
@BGL Kindly urgently drop me a line at bo049@gmail.com.
I need to talk FEP.
BGL
#33 Posted : Tuesday, January 22, 2013 12:23:30 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
BO wrote:
@BGL Kindly urgently drop me a line at bo049@gmail.com.
I need to talk FEP.


History will not remember you for your IQ. It will remember you for what you did. ā€œGenius is 1 percent inspiration, 99 percent perspiration.ā€ Thomas Edison
BO
#34 Posted : Tuesday, January 22, 2013 6:57:31 PM
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Joined: 1/21/2013
Posts: 4
@BGL check your email
BGL
#35 Posted : Thursday, January 31, 2013 1:24:20 AM
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Joined: 10/11/2009
Posts: 1,223
The mighty FEP advisory council

Joseph Kaguthi ā€“ Chairman:
Joseph Kaguthi is a former Provincial Commissioner, founder and national coordinator of the campaign against drug abuse in Kenya (NACADA). He is the chairman of the FEP advisory council.
Prof. Francis J Gichaga:
Francis John Gichaga is a professor of Civil Engineering. He is a former Vice-Chancellor University of Nairobi and Currently serving as a Chancellor Jomo Kenyatta University of Agriculture & Technology. He is the Vice
Chairman of the FEP Advisory Council.
Archbishop Dr. David Gitari:
Retired Archbishop (Dr) David Gitari was the third African Archbishop of Kenya and Bishop of Nairobi in the Anglican Church of Kenya. He was awarded with honorary doctorate of divinity from University of Kent. His grace has had unmatched influence on the politics of this country. His is the power of the pulpit; and through his preaching he has exercised a ministry akin to that of the Old Testament prophets.
Bishop. Dr. Lawi Imathiu:
Bishop (Dr) Lawi Imathiu is a retired presiding Bishop of the Methodist church. He is the founder and vision bearer of (KEMU) Kenya Methodist University and former president of the World Methodist Council.
Prof. Rosalid Mutua:
Professor Rosalid Mutua was the first Vice Chancellor of Kiriri Womenā€™s University of Science & Technology (KWUST) and a former deputy Vice Chancellor Jomo Kenyatta University of Agriculture & Technology. She is currently serving as vice chair Kenya Commission of Higher Education.
James S Mathenge:
James S. Mathenge is a former long serving Permanent Secretary and career administrator. He has served as chairman Public Service Commission and is a long serving chairman, Kirinyaga Technical Institute. He chairs several boards in the Anglican Church of Kenya. He is currently the chairman, Kenya Freedom from Hunger
Council.
Amb. Dennis Awori:
Former Kenyan Ambassador to Japan and South Korea, and currently Chairman of Toyota Kenya and advisor to Toyota Tsusho Africa. He is a graduate in Aeronautical Engineering and experienced Corporate manager.
Eng. Erastus Mwongera:
Eng. Erastus is a former Permanent Secretary, Registered Consulting Engineer and a Fellow of the Institution of Engineers of Kenya. He is currently serving as Chairman, Kenya Airport Authority, Vice-Chairman, Karen and Langā€™ata District Association, Chairman, Karen Country Club Water Committee and Principal partner of EM Baseline Consultants. He is also the current Chairman of Nairobi Baptist Church, Eldersā€™ Court.
Dr. Agnes Abuom:
Dr. Agnes Abuom is the Executive Director, Transformation, Analyzing, Accompanying and Building Change Organization (TAABCO) and an Executive member of the Council of Churches of Kenya.
Arch Muchira Kithaka ā€“ Secretary:
Arch. Muchira Kithaka is the founding chairman Fountain Enterprises Programme and Chief Executive, FEP Group of companies. He holds a bachelorā€™s degree in Architecture and Masters degree in Entrepreneurship. He is a corporate member of Architectural Association of Kenya (AAK), and a board member to various national and international institutions.
History will not remember you for your IQ. It will remember you for what you did. ā€œGenius is 1 percent inspiration, 99 percent perspiration.ā€ Thomas Edison
Mtu Biz
#36 Posted : Thursday, January 31, 2013 9:01:39 AM
Rank: Veteran


Joined: 1/16/2007
Posts: 1,320
BGL wrote:
The mighty FEP advisory council

Joseph Kaguthi ā€“ Chairman:
Joseph Kaguthi is a former Provincial Commissioner, founder and national coordinator of the campaign against drug abuse in Kenya (NACADA). He is the chairman of the FEP advisory council.
Prof. Francis J Gichaga:
Francis John Gichaga is a professor of Civil Engineering. He is a former Vice-Chancellor University of Nairobi and Currently serving as a Chancellor Jomo Kenyatta University of Agriculture & Technology. He is the Vice
Chairman of the FEP Advisory Council.
Archbishop Dr. David Gitari:
Retired Archbishop (Dr) David Gitari was the third African Archbishop of Kenya and Bishop of Nairobi in the Anglican Church of Kenya. He was awarded with honorary doctorate of divinity from University of Kent. His grace has had unmatched influence on the politics of this country. His is the power of the pulpit; and through his preaching he has exercised a ministry akin to that of the Old Testament prophets.
Bishop. Dr. Lawi Imathiu:
Bishop (Dr) Lawi Imathiu is a retired presiding Bishop of the Methodist church. He is the founder and vision bearer of (KEMU) Kenya Methodist University and former president of the World Methodist Council.
Prof. Rosalid Mutua:
Professor Rosalid Mutua was the first Vice Chancellor of Kiriri Womenā€™s University of Science & Technology (KWUST) and a former deputy Vice Chancellor Jomo Kenyatta University of Agriculture & Technology. She is currently serving as vice chair Kenya Commission of Higher Education.
James S Mathenge:
James S. Mathenge is a former long serving Permanent Secretary and career administrator. He has served as chairman Public Service Commission and is a long serving chairman, Kirinyaga Technical Institute. He chairs several boards in the Anglican Church of Kenya. He is currently the chairman, Kenya Freedom from Hunger
Council.
Amb. Dennis Awori:
Former Kenyan Ambassador to Japan and South Korea, and currently Chairman of Toyota Kenya and advisor to Toyota Tsusho Africa. He is a graduate in Aeronautical Engineering and experienced Corporate manager.
Eng. Erastus Mwongera:
Eng. Erastus is a former Permanent Secretary, Registered Consulting Engineer and a Fellow of the Institution of Engineers of Kenya. He is currently serving as Chairman, Kenya Airport Authority, Vice-Chairman, Karen and Langā€™ata District Association, Chairman, Karen Country Club Water Committee and Principal partner of EM Baseline Consultants. He is also the current Chairman of Nairobi Baptist Church, Eldersā€™ Court.
Dr. Agnes Abuom:
Dr. Agnes Abuom is the Executive Director, Transformation, Analyzing, Accompanying and Building Change Organization (TAABCO) and an Executive member of the Council of Churches of Kenya.
Arch Muchira Kithaka ā€“ Secretary:
Arch. Muchira Kithaka is the founding chairman Fountain Enterprises Programme and Chief Executive, FEP Group of companies. He holds a bachelorā€™s degree in Architecture and Masters degree in Entrepreneurship. He is a corporate member of Architectural Association of Kenya (AAK), and a board member to various national and international institutions.


Mighty?
Academics and clergymen? They are the advisors?
I would have paid attention if the likes of Jonathan Cyano was on the list.
Sola Scriptura


BGL
#37 Posted : Friday, February 01, 2013 8:56:27 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
From today Feb 01, 2013 i FULLY TRUST in FEP. I was skeptical for 2yrs about the whole dream but not anymore. FEP is a real thing. The ground breaking for the Sagana hotel and civil works by Chinese construction firm (China Rainbow Beijing) starts tomorrow http://www.fep-group.com...otel-building-contract/

signed

Bgl Inc.

History will not remember you for your IQ. It will remember you for what you did. ā€œGenius is 1 percent inspiration, 99 percent perspiration.ā€ Thomas Edison
BGL
#38 Posted : Friday, April 19, 2013 11:23:39 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
BGL wrote:
From today Feb 01, 2013 i FULLY TRUST in FEP. I was skeptical for 2yrs about the whole dream but not anymore. FEP is a real thing. The ground breaking for the Sagana hotel and civil works by Chinese construction firm (China Rainbow Beijing) starts tomorrow http://www.fep-group.com...otel-building-contract/

signed

Bgl Inc.



FEP is after all a good investment. From a net loss of 28mn FEP has reported a net profit of 16mn. Its time to get in for the doubting Thomases out there.

http://www.fep-group.com...COMPREHENSIVE-INCOME.pdf
History will not remember you for your IQ. It will remember you for what you did. ā€œGenius is 1 percent inspiration, 99 percent perspiration.ā€ Thomas Edison
The optimist
#39 Posted : Thursday, May 23, 2013 11:08:23 AM
Rank: Member


Joined: 6/14/2010
Posts: 520
Location: Nairobi
BGL wrote:
[quote=BGL]From today Feb 01, 2013 i FULLY TRUST in FEP. I was skeptical for 2yrs about the whole dream but not anymore. FEP is a real thing. The ground breaking for the Sagana hotel and civil works by Chinese construction firm (China Rainbow Beijing) starts tomorrow http://www.fep-group.com...otel-building-contract/

signed

Bgl Inc.



FEP is after all a good investment. From a net loss of 28mn FEP has reported a net profit of 16mn. Its time to get in for the doubting Thomases out there.

http://www.fep-group.com...OMPREHENSIVE-INCOME.pdf[/quote]

Adapting a wait and see attitude.
wazuaguest
#40 Posted : Monday, August 19, 2013 6:23:30 PM
Rank: Member


Joined: 2/9/2012
Posts: 576
???????????
Africa belongs to Africans.
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