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Mumias results
mwanahisa
#61 Posted : Monday, August 30, 2010 1:03:05 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I have just gotten some MSC shares at a price of Kshs 12.05. I am going to increase this in the course of the day. I have noted that I always seem to make money by buying a share on the days when it's really been hit by the market as long as there's nothing that has fundamentally changed with the company.
the deal
#62 Posted : Monday, August 30, 2010 1:04:29 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@njunge u must be smiling where ever u are...indeed we should take our elders seriously hahahahah
gathinga
#63 Posted : Monday, August 30, 2010 1:10:25 PM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
Mumias. what is it that Njug'e predicted abou this counter that makes him soooooo hot today?
stocksguru7
#64 Posted : Monday, August 30, 2010 1:26:57 PM
Rank: Member

Joined: 6/28/2007
Posts: 38
Guys i don't know why everybody is so negative today about mumias , the results are not so bad pat is down only 2% Nobody has commented about the 600 million paid to sugar levy ,what happens to sugar levy money ??

co-generation has brought some revenue and wait for ethanol to start i think in today's hard times Mumias not doing too badly

Are some shrewd punters selling to bring down prices so the can buy some more cheaply ??


Anyone ??
UN PACTUM UN DICTUM
qw25041985
#65 Posted : Monday, August 30, 2010 1:28:38 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
There's NO panic selling yet , i mean look at how low the volumes are. Whats of significance are the closing figures. Bwana Njunge ume sikia hiyo .
Your future depends on your dreams so go to sleep !
Wa_ithaka
#66 Posted : Monday, August 30, 2010 2:21:54 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
QW- i think many of us would think more of you if you just apologised to the elderly gentleman. He called the price on Mumias right. Its down almost 10% today.
The Governor of Nyeri - 2017
Impunity
#67 Posted : Monday, August 30, 2010 2:29:46 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
slykat wrote:
Njunge is always right about sugar..


...and right about Sugarcane too...
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Njung'e
#68 Posted : Monday, August 30, 2010 2:49:16 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Impunity,
Laughing out loudly Laughing out loudly ....Pumbavu!

@Qw,
You are doing well son.Pray
Nothing great was ever achieved without enthusiasm.
mwanahisa
#69 Posted : Monday, August 30, 2010 3:34:50 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
So far I have managed to buy about 35,000 at 12.00 to 12.05. I would like to get some more but I am waiting to see whether there will be a selloff at the close, but it is not looking too likely. I would really love to see it get to levels of 11.50. I aim to sell at 13.00 or so on the rebound.
qw25041985
#70 Posted : Monday, August 30, 2010 3:46:30 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
To all msc haters. I still reiterate that msc isnt goin below 12 bob .i reiterate again , again , again , again , again , again , again and again .
And if thats wat u call a sell-off . U are wrong.
Your future depends on your dreams so go to sleep !
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