wazua Mon, Mar 30, 2026
Welcome Guest Search | Active Topics | Log In

38 Pages«<35363738>
Mumias results
Options
Previous Topic · Next Topic
mwanahisa
#361 Posted : Saturday, July 02, 2011 3:17:27 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
@Njung'e....Why are you projecting a bleak first half in 2011-12 for MSC?
Back to top
  |
Njung'e
#362 Posted : Sunday, July 03, 2011 11:15:10 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Mwana-shares,
I have cautioned....Anything above 245 MT sugar is not possible...Not unless sugar produced after 1st July is added to this...huh!!....You know it can happen but even then 250 is still not possible....First half will be terrible and trust me on this.The Co. has run out of cane and the situation will not improve until October....There is only one way out of this if i were in their shoes!.Negotiate with Nzoia and buy cane from them to cushion this three months!
Nothing great was ever achieved without enthusiasm.
Back to top
  |
QW25071985
#363 Posted : Sunday, July 03, 2011 11:54:47 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Njung'e wrote:
@Mwana-shares,
I have cautioned....Anything above 245 MT sugar is not possible...Not unless sugar produced after 1st July is added to this...huh!!....You know it can happen but even then 250 is still not possible....First half will be terrible and trust me on this.The Co. has run out of cane and the situation will not improve until October....There is only one way out of this if i were in their shoes!.Negotiate with Nzoia and buy cane from them to cushion this three months!


funny enough the share price seems to be agreeing with you.i hope we can get this stock at 3 bob..
Back to top
  |
Njung'e
#364 Posted : Sunday, July 03, 2011 12:45:50 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Qw,
Three bob most unlikely (Although i have learnt to never say NEVER)...i am thinking 6.50-8.50 range for the next one calendar.
Nothing great was ever achieved without enthusiasm.
Back to top
  |
QW25071985
#365 Posted : Sunday, July 03, 2011 1:02:18 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Njung'e wrote:
Qw,
Three bob most unlikely (Although i have learnt to never say NEVER)...i am thinking 6.50-8.50 range for the next one calendar.


WHAT !!!!!!!!!!!!!!!!!!! one year. i hope not.
lol and some guys wanted to buy this stock @ 7.30 saying its oversold.
i just outta that bandwargon when i saw it touch a low of 7.00..i see it break 7.00 and lower in the next coming weeks..bad bad bad bad bad bad for the stock...
Back to top
  |
dunkang
#366 Posted : Sunday, July 03, 2011 2:29:32 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
QW25071985 wrote:
Njung'e wrote:
Qw,
Three bob most unlikely (Although i have learnt to never say NEVER)...i am thinking 6.50-8.50 range for the next one calendar.


WHAT !!!!!!!!!!!!!!!!!!! one year. i hope not.
lol and some guys wanted to buy this stock @ 7.30 saying its oversold.
i just outta that bandwargon when i saw it touch a low of 7.00..i see it break 7.00 and lower in the next coming weeks..bad bad bad bad bad bad for the stock...


i also thought so!Sad d'oh! Sad d'oh! Sad d'oh! Sad d'oh! Sad
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
Genghis Khan
#367 Posted : Sunday, July 03, 2011 2:39:18 PM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
wote wrote:
@Genghis Khan, if he were to stand for Governor why would he consider Kakamega and not his home town of Homa-bay?.I do not consider Kakamega to be as cosmopolitan as Nairobi.


I was joking, but I'm not very good at it.
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
Back to top
  |
Sober
#368 Posted : Sunday, July 03, 2011 10:02:26 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Genghis Khan wrote:
wote wrote:
@Genghis Khan, if he were to stand for Governor why would he consider Kakamega and not his home town of Homa-bay?.I do not consider Kakamega to be as cosmopolitan as Nairobi.


I was joking, but I'm not very good at it.

because kakamega is the second most populos county after the capital, maybe.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
  |
Sober
#369 Posted : Sunday, July 03, 2011 10:05:47 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Genghis Khan wrote:
wote wrote:
@Genghis Khan, if he were to stand for Governor why would he consider Kakamega and not his home town of Homa-bay?.I do not consider Kakamega to be as cosmopolitan as Nairobi.


I was joking, but I'm not very good at it.

African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
  |
stocksmaster
#370 Posted : Thursday, August 15, 2013 2:22:45 AM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
stocksmaster wrote:
Mumias will only stabilise after 2012 once the effects of the COMESA Rules on the sugar industry are fully internalised. The fact of the matter is external sugar is still cheaper than internally generated sugar. Meaning Mumias margins will get a beating once the flood gates are opened in 2012(I dont think COMESA will listen to any further extensions of Safeguards.)

@ Njung'e: What is the way forward? How can the local sugar companies compete? Or should the Western Sugar Belt think of another crop?

The argument that Mumias is diversifying to other products for revenue generation does not hold much. On a revenue generation point, when all the different revenue streams are factored in, sugar will still constitute 80% of Mumias Sugar Co. business (Sugar:co-generation:ethanol will be about 80:10:10). Thus Mumias revenues and profits will largely depend on its core business which is sugar.

Time will tell.

Happy hunting


Three years later, and this argument is still valid. Its core business is sugar and if it cannot make money in the sugar trade, the future is very bleak for this company.

Happy Hunting
x handle: @stocksmaster79
Back to top
  |
38 Pages«<35363738>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.