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Mumias Sugar huge demand
hisah
#221 Posted : Wednesday, August 14, 2013 3:27:25 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
cnn wrote:
Some foreign buyers stepping in right at the end of the trading session for mumias sugar taking the turnover to 3.75 million shares @3.40,which also is the VWAP at the close...cartoonists,is that the bottom?

Compare the volume...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
young
#222 Posted : Wednesday, August 14, 2013 3:39:39 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
guru267 wrote:
hisah wrote:
@guru - still waiting at 3.50? You will get overfilled...


Bought a huge chunk yesterday and today at between 3.4-3.6 bob!

I can't see it below 3bob... Today might also provide a new support at 3.5!




???
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
King G
#223 Posted : Wednesday, August 14, 2013 3:54:23 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
young wrote:
guru267 wrote:
hisah wrote:
@guru - still waiting at 3.50? You will get overfilled...


Bought a huge chunk yesterday and today at between 3.4-3.6 bob!

I can't see it below 3bob... Today might also provide a new support at 3.5!




???


Aish bwana @young, you have edited this post...
Thieves
mkonomtupu
#224 Posted : Wednesday, August 14, 2013 3:57:54 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Njung'e wrote:
@guru,
No harm in disagreeing as long as you do not carry a machete.....but i would be very much interested to know where the growth will come from because so far and other than hot air,reality on the ground says otherwise......a big otherwise!

@Hisah,
6.50 would be more than good.....I'll stick to 3.50.



@njung'e where are you? How is the reality on the ground?
murchr
#225 Posted : Wednesday, August 14, 2013 6:15:08 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Someone wants Mumias down there....
"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
.
Aguytrying
#226 Posted : Wednesday, August 14, 2013 6:45:40 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I've also taken note of this share. now what about the skeletons?? thats the game change.
sugar guru, guide us
The investor's chief problem - and even his worst enemy - is likely to be himself
innovator
#227 Posted : Wednesday, August 14, 2013 7:19:25 PM
Rank: Member

Joined: 7/24/2010
Posts: 239
Location: nairobi
Aguytrying wrote:
I've also taken note of this share. now what about the skeletons?? thats the game change.
sugar guru, guide us

@njunge, where are you? You've never been wrong on this.
Kwa wale walisikia walisaindika. Mimi mmoja wao.
mwekez@ji
#228 Posted : Thursday, August 15, 2013 1:24:04 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Government suspends registration of sugar importers

The government has further advised all the 11 licensed millers to immediately suspend all their dedicated distributorships and open up to larger distribution network.

"This will encourage direct sales of sugar to any willing buyer and retailers in order to help remove market distortions that are contributing to the unjustified price disparities," noted the Agriculture secretary.
cnn
#229 Posted : Thursday, August 15, 2013 10:34:42 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Sharp reversal,zero supply.Where have all the sellers gone to overnight?
guru267
#230 Posted : Thursday, August 15, 2013 11:10:22 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
cnn wrote:
Sharp reversal,zero supply.Where have all the sellers gone to overnight?


GOK came to the rescue last night
Mark 12:29
Deuteronomy 4:16
299 Pages«<2122232425>»
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