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Mukiri		#111 Posted : Saturday, December 15, 2012 12:50:44 PM
Rank: Elder Joined: 7/11/2012 Posts: 5,222		Please, let the experts correct me if I'm wrong. From the Price Movement graph, I noticed that prior to the IPO and Share split, there was a very noticeable rise in share price. I assume market manipulation. Therefore, much as a right issue is anticipated, it will most probably happen when there is another sharp rise in share price, no? Was it also like this with KQ? Proverbs 19:21
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guru267		#112 Posted : Saturday, December 15, 2012 3:38:16 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		S.Mutaga III wrote: guru267 wrote: hisah wrote: guru267 wrote: youcan'tstopusnow wrote: How is TARDA doing? I guess its not doing anything yet since they haven't launched their proposed 15billion rights issue that will finance the project! There is massive dilution coming to mumias shareholders! A KQ like rights issue? If so, then the rights price will be in the Kes 1s range. Add that dilution to the current liquid shares, we might have a sub 1/- trading candidate... Im thinking 5billion shares at 3bob rights price! This will make it a 3:1 rights issue... how soon is the rights issue...is it likely to be done in 2013 or early 2014? 2014 from the looks of things! Mark 12:29 Deuteronomy 4:16
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guru267		#113 Posted : Saturday, December 15, 2012 3:40:58 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		Mukiri wrote: Please, let the experts correct me if I'm wrong. From the Price Movement graph, I noticed that prior to the IPO and Share split, there was a very noticeable rise in share price. The share price rise was as a result of a 2:1 bonus issue announcement... The same has been happening recently with eaagads And if you are talking about 2010 when it hit 14bob that was the due to the market & economic recovery.. (3bob-14bob was sweet for some) And FYI mumias has never had a share split! Mark 12:29 Deuteronomy 4:16
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techboy		#114 Posted : Saturday, December 15, 2012 5:06:43 PM
Rank: User Joined: 6/18/2009 Posts: 271		we are testing ALL TIME LOWS (@4.40) . a breach of 4.40 this stock is falling to 1 bob ! so you are damn right the bulls will want to secure 4.40 .. this stock is totally crap !
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techboy		#115 Posted : Saturday, December 15, 2012 5:08:07 PM
Rank: User Joined: 6/18/2009 Posts: 271		guru267 wrote: Mukiri wrote: Please, let the experts correct me if I'm wrong. From the Price Movement graph, I noticed that prior to the IPO and Share split, there was a very noticeable rise in share price. The share price rise was as a result of a 2:1 bonus issue announcement... The same has been happening recently with eaagads And if you are talking about 2010 when it hit 14bob that was the due to the market & economic recovery.. (3bob-14bob was sweet for some) And FYI mumias has never had a share split! Please donot remind me of 14 bob ! please !
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murchr		#116 Posted : Saturday, December 15, 2012 5:30:47 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Is the sugar business that bad ama ni siasa? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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dunkang		#117 Posted : Saturday, December 15, 2012 5:31:08 PM
Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831		Quote: The latest development in the sugar industry is the talk about an impending acquisition of one of the new sugar factories in the Southern Nyanza region by one of the players in the industry. http://www.businessdaily...8/-/10oqds8/-/index.html Receive with simplicity everything that happens to you.” ― Rashi
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hisah		#118 Posted : Saturday, December 15, 2012 11:13:17 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		techboy wrote: we are testing ALL TIME LOWS (@4.40) . a breach of 4.40 this stock is falling to 1 bob ! so you are damn right the bulls will want to secure 4.40 .. this stock is totally crap ! 52 week low is 4.40 while all time low is 3.60. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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sparkly		#119 Posted : Sunday, December 16, 2012 7:39:20 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		hisah wrote: techboy wrote: we are testing ALL TIME LOWS (@4.40) . a breach of 4.40 this stock is falling to 1 bob ! so you are damn right the bulls will want to secure 4.40 .. this stock is totally crap ! 52 week low is 4.40 while all time low is 3.60. Stock is very good for technical play. Bought @4.75 last year. Collected div @0.30 sold cum div this year @6.20. Price goes below @4 and i will repeat. Sugar is a basic commodity and world sugar production is never enough to satisfy demand . Life is short. Live passionately.
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radio		#120 Posted : Sunday, December 16, 2012 8:24:18 AM
Rank: Veteran Joined: 11/9/2009 Posts: 2,003		From the BD Quote: But the biggest shadow brooding over the sugar industry in Kenya is the impending removal of the so called Comesa safeguards, namely, the temporary arrangement the government negotiated with the trading bloc to insulate the local industry from imports. Now and again, we are reminded that our local industry risks being swept way by Comesa imports the moment the safeguards are lifted. That-if the millers don’t put their houses in order-if the factories don’t reduce production costs drastically- the industry will die come 2014 when the safeguards are lifted. @Njunge and others, what say you about the above?
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