Rank: Elder Joined: 11/27/2007 Posts: 3,604
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when will people who bought into the 2nd IPo ever recover their money? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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when will people who bought into the 2nd IPo ever recover their money? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Sober wrote:when will people who bought into the 2nd IPo ever recover their money? I expect you to tell us more or is it on ur website? The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 4/14/2011 Posts: 639
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Sober wrote:when will people who bought into the 2nd IPo ever recover their money? >Bought it @13 and stil going strong.I wil leave it for my next generation coz I dont see it goin bak there any time soon
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Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos
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mlennyma wrote:Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train. Wasn't it 39, and they have done a split (/3) since. A bad day fishing is better than a good day at work
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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StatMeister wrote:mlennyma wrote:Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train. Wasn't it 39, and they have done a split (/3) since. mlennyma is right. The 2nd IPO was at 49.50. Mumias has never had a split. They did however give a 2:1 bonus which the market took to be a 3:1 split. Still, that equates the price to approximately Kshs 15. That's why I am with mlennyma on this one. I was also in the market for some sugar today. My average price was however higher - I got a nice chunk at an average price of 5.55.
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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the second IPO was 49 if i am not wrong. way back in December 2006. my father keeps asking me the price, and i feel sorry for him as he never sold a single share. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos
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mwanahisa wrote:StatMeister wrote:mlennyma wrote:Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train. Wasn't it 39, and they have done a split (/3) since. mlennyma is right. The 2nd IPO was at 49.50. Mumias has never had a split. They did however give a 2:1 bonus which the market took to be a 3:1 split. Still, that equates the price to approximately Kshs 15. That's why I am with mlennyma on this one. I was also in the market for some sugar today. My average price was however higher - I got a nice chunk at an average price of 5.55. Why is sugar getting cheap? Am seeing -12.5% A bad day fishing is better than a good day at work
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Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos
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Just seen, its the book closure. The price decline beats the dividend many times - reminds me of Total et al losing 30% after closing books for a 3% dividend. NI kubayest A bad day fishing is better than a good day at work
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Don't mean to be a party pooper but, I believe this share has some falling still to go, below 5.00. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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mwanahisa wrote:StatMeister wrote:mlennyma wrote:Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train. Wasn't it 39, and they have done a split (/3) since. mlennyma is right. The 2nd IPO was at 49.50. Mumias has never had a split. They did however give a 2:1 bonus which the market took to be a 3:1 split. Still, that equates the price to approximately Kshs 15. That's why I am with mlennyma on this one. I was also in the market for some sugar today. My average price was however higher - I got a nice chunk at an average price of 5.55. How does it come to Kshs 15? I bought some at that time. I've always assumed its Kshs 16.5 after the bonus. I feel like taking poison.... any leads? "..I am because we are. "― Ubuntu, Umtu,
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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i bought eacables @ 48 bob so afadhari mumias! History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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we are all trapped in this jail cell called Mumias sugar, I bought at 7.20 the rest is history.. .let's call a Kesha for this one.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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GGK wrote:mwanahisa wrote:StatMeister wrote:mlennyma wrote:Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train. Wasn't it 39, and they have done a split (/3) since. mlennyma is right. The 2nd IPO was at 49.50. Mumias has never had a split. They did however give a 2:1 bonus which the market took to be a 3:1 split. Still, that equates the price to approximately Kshs 15. That's why I am with mlennyma on this one. I was also in the market for some sugar today. My average price was however higher - I got a nice chunk at an average price of 5.55. How does it come to Kshs 15? I bought some at that time. I've always assumed its Kshs 16.5 after the bonus. I feel like taking poison.... any leads? You caught me out on that one. Excuse my arithmetic. It is indeed 16.50. Still you can see why some of us would now buy it at 5.50 and ADD MORE if it dips further.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Njung'e are you dipping in yet? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:Don't mean to be a party pooper but, I believe this share has some falling still to go, below 5.00. and that's a good look hey  another 50cts dividend will be 9-10% yield ;-)
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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Mumias is a good buy below 6 and i will buy more today,there is sugar shortage worldwide and prices are sky high,it can only become sweeter. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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why on earth would i buy into a company where the MD is busy running a political campaign? why can't the board meet and wish him the best in his future endeavours until then wouldn't touch this one
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