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SLUGGISH MUMIAS?
Rank: Elder Joined: 8/16/2011 Posts: 2,358
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Mumias is one month to go but the stock price has dwindled and trading in large volumes but price , pwooohh! What gonna we get this September when they tell us how sweet mumias was? I bet 35cents lowest and 50cents again highest!  
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Rank: Member Joined: 4/25/2012 Posts: 110
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Realtreaty wrote:Mumias is one month to go but the stock price has dwindled and trading in large volumes but price , pwooohh! What gonna we get this September when they tell us how sweet mumias was? I bet 35cents lowest and 50cents again highest! By the way how is the TARDA project going, any significant milestones that will send sugar to our shelves and dividends to investors accounts? There is nothing as dangerous as an Idea, when there is only one Idea
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Realtreaty wrote:Mumias is one month to go but the stock price has dwindled and trading in large volumes but price , pwooohh! What gonna we get this September when they tell us how sweet mumias was? I bet 35cents lowest and 50cents again highest! This time round, expect 0.00000 cents. WHY? - The sugarcane wars - Unproductive electioneering period - Looting of company coffers for campaigns - Half Year results were disasterious - COMESA sugar effects in UG and TZ - Last year's unfavourable weather - Dairy subsidiary still on hold Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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dunkang wrote:Realtreaty wrote:Mumias is one month to go but the stock price has dwindled and trading in large volumes but price , pwooohh! What gonna we get this September when they tell us how sweet mumias was? I bet 35cents lowest and 50cents again highest! This time round, expect 0.00000 cents. WHY? - The sugarcane wars - Unproductive electioneering period - Looting of company coffers for campaigns - Half Year results were disasterious - COMESA sugar effects in UG and TZ - Last year's unfavourable weather - Dairy subsidiary still on hold Power gen. How will it affect results if at all? The opposite of courage is not cowardice, it's conformity.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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A while back this counter gave a 'get out of jail' window when it briefly traded above 5. If they do offer a div (highly unlikely) it may cushion the expected breakdown. This thing will go below 4 easily than above 6... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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jerry wrote:dunkang wrote:Realtreaty wrote:Mumias is one month to go but the stock price has dwindled and trading in large volumes but price , pwooohh! What gonna we get this September when they tell us how sweet mumias was? I bet 35cents lowest and 50cents again highest! This time round, expect 0.00000 cents. WHY? - The sugarcane wars - Unproductive electioneering period - Looting of company coffers for campaigns - Half Year results were disasterious - COMESA sugar effects in UG and TZ - Last year's unfavourable weather - Dairy subsidiary still on hold Power gen. How will it affect results if at all? The last time I read anything about Mumias was that the farmers were planning to stop selling cane to them, well that means they had less baggasse to produce enough elec... My question, does Kenya mix its petrol with Ethanol? "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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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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murchr wrote:jerry wrote:dunkang wrote:Realtreaty wrote:Mumias is one month to go but the stock price has dwindled and trading in large volumes but price , pwooohh! What gonna we get this September when they tell us how sweet mumias was? I bet 35cents lowest and 50cents again highest! This time round, expect 0.00000 cents. WHY? - The sugarcane wars - Unproductive electioneering period - Looting of company coffers for campaigns - Half Year results were disasterious - COMESA sugar effects in UG and TZ - Last year's unfavourable weather - Dairy subsidiary still on hold Power gen. How will it affect results if at all? The last time I read anything about Mumias was that the farmers were planning to stop selling cane to them, well that means they had less baggasse to produce enough elec... My question, does Kenya mix its petrol with Ethanol? When it petrol its just that petrol. Mixed with Ethanol becomes Gasoline or Gasohol as the petrol station in Kandara still reads. so your answer is no but pretty sure Digitalis will change that, along with low sulphur diesel hopefully Foresight..
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Thanks Gatoho "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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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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murchr wrote:Thanks Gatoho Seems come Sep we shall "pick up the pieces" at 3/= or "pick to pieces" below that price?! The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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Production for next financial year will drop to less than half the capacity due to lack of cane.I see this one trading lower than Paka this time next year. Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Njung'e wrote:Production for next financial year will drop to less than half the capacity due to lack of cane.I see this one trading lower than Paka this time next year. And the sugar guru has spoken!!! So, where are the canes going? West Kenya? Or are farmers shifting from canes farming? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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jerry wrote:Seems come Sep we shall "pick up the pieces" at 3/= or "pick to pieces" below that price?! Njung'e wrote:Production for next financial year will drop to less than half the capacity due to lack of cane.I see this one trading lower than Paka this time next year. Am not picking this counter until they clean up house and get it in order. It has potential but too much complacency. The sugar guru has spoken, he once said if you want to make money in sugar, leta yako from Brazil "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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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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dunkang wrote:Njung'e wrote:Production for next financial year will drop to less than half the capacity due to lack of cane.I see this one trading lower than Paka this time next year. And the sugar guru has spoken!!! So, where are the canes going? West Kenya? Or are farmers shifting from canes farming? Farmers have uprooted the crop and the little that is poorly maintained and available is sold to West Kenya Sugar Company.The MD Kebati and other senior managers run it from Nairobi with weekly flights to Mumias for a tour and to allocate sugar and molasses quotas to distributors.
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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Any truth to the rumors that Ruto is pushing KVDA to set up sugar factories in Rift Valley?
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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For Sport wrote:Any truth to the rumors that Ruto is pushing KVDA to set up sugar factories in Rift Valley? It is not Ruto pushing and KVDA is not involved in anyway.The plan was mooted last year by Suresh Patel a Kisumu based businessman and is undergoing approvals at Kenya Sugar Board.He is also behind South Gem Sugar Company in Siaya,Sirisia Sugar Company in Bungoma that have received the regulator's nod.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mawinder wrote:For Sport wrote:Any truth to the rumors that Ruto is pushing KVDA to set up sugar factories in Rift Valley? It is not Ruto pushing and KVDA is not involved in anyway.The plan was mooted last year by Suresh Patel a Kisumu based businessman and is undergoing approvals at Kenya Sugar Board.He is also behind South Gem Sugar Company in Siaya,Sirisia Sugar Company in Bungoma that have received the regulator's nod. Aha!!! "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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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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Stop censoring information.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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For Sport wrote:Stop censoring information. It was double posting. Look at the time(s) of posting!!! The opposite of courage is not cowardice, it's conformity.
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