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Mumias Full Year 2012/13 colossal loss of 2.2B
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mwekez@ji
#1 Posted : Tuesday, September 03, 2013 9:34:35 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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King G
#2 Posted : Tuesday, September 03, 2013 9:38:25 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Was expected! 2.5 bob here we come.
Thieves
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subaru
#3 Posted : Tuesday, September 03, 2013 10:10:09 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
and finally no dividend think its time to plan to take a hike from this counter
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mlennyma
#4 Posted : Tuesday, September 03, 2013 10:13:59 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Paka friend
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#5 Posted : Tuesday, September 03, 2013 10:14:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
I think the Sugar Baron on Wazua is Njunge [unless my memory is fading] and he had predicted that Mumias was a one-way street to oblivion. How right he was. I bailed out ages ago. Took a loss. No complaints.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Wondergirl
#6 Posted : Tuesday, September 03, 2013 10:42:08 AM
Rank: Member

Joined: 9/12/2009
Posts: 312
VituVingiSana wrote:
I think the Sugar Baron on Wazua is Njunge [unless my memory is fading] and he had predicted that Mumias was a one-way street to oblivion. How right he was. I bailed out ages ago. Took a loss. No complaints.


Me too, I made a loss, moved out of Mumias and moved on to other shares.
Can't thank Guka enough.
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hisah
#7 Posted : Tuesday, September 03, 2013 1:41:05 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Bad news on a bearish market... SoS...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma
#8 Posted : Tuesday, September 03, 2013 1:52:36 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
So the market moved from bull to bear?
"Don't let the fear of losing be greater than the excitement of winning."
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Realtreaty
#9 Posted : Tuesday, September 03, 2013 2:29:01 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,388
Laughing out loudly Laughing out loudly ...... and there was alot of rats at the factory and outgrowers farms which ate much of the sugar tht we could have sold to make you profit!!!! And Kidero run away with Mumias money for his compaign.. and you know we pay govt....bla, bla, blaahhhh!!
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murchr
#10 Posted : Tuesday, September 03, 2013 2:43:57 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Where are those who tried to disagree with Njunge? The chickens are coming home to roost. I expect a 1.50/-
"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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