wazua Thu, Apr 2, 2026
Welcome Guest Search | Active Topics | Log In

299 Pages«<2829303132>»
Mumias Sugar huge demand
Options
Previous Topic · Next Topic
nahdy
#291 Posted : Tuesday, December 10, 2013 8:01:08 AM
Rank: Member

Joined: 6/29/2006
Posts: 184
Gordon Gekko wrote:
VituVingiSana wrote:
mv_ufanisi wrote:
This is a stock whose value could go to zero. As in from something to nothing.
Taking money from the government? This is going to be nasty as politicians have a field day.


What are the terms for this loan? 500M is a tidy sum.


I still feel there will be a rally on this stock when the comesa ext. is approved.
Back to top
  |
streetwise
#292 Posted : Tuesday, December 10, 2013 8:05:29 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
watching. However traditionally unless things become very thick the govt does not let such companies collapse. Except KMC may be let to go.

Now to jog minds, remember KQ @6 , went as far as 140...remember NBK at 3.00 went as far as 75...may be someone else has additional examples
Back to top
  | | Edit by user: Tuesday, December 10, 2013 8:19 AM | Reason: Not specified
chaimani
#293 Posted : Tuesday, December 10, 2013 12:52:58 PM
Rank: New-farer

Joined: 2/26/2012
Posts: 25
Location: moscow na muranga
Directors vow to reverse Loss


http://www.nation.co.ke/...68/-/4md94l/-/index.html
chasing after the wind
Back to top
  |
King G
#294 Posted : Tuesday, December 10, 2013 1:01:40 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
streetwise wrote:
watching. However traditionally unless things become very thick the govt does not let such companies collapse. Except KMC may be let to go.

Now to jog minds, remember KQ @6 , went as far as 140...remember NBK at 3.00 went as far as 75...may be someone else has additional examples



KPLC @7 went mpaka 280
Thieves
Back to top
  |
VituVingiSana
#295 Posted : Tuesday, December 10, 2013 3:14:58 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
[quote=chaimani]Directors vow to reverse Loss


http://www.nation.co.ke/...8/-/4md94l/-/index.html[/quote] And every one of Kenya's presidents vowed to end hunger & poverty
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Aguytrying
#296 Posted : Wednesday, January 08, 2014 4:37:04 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
The COMESA safeguards are set to expire in March. 2 months from now. What will happen to MUMIAS.
When dust settles(or while its settling) this thing may be worth a BUY
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
streetwise
#297 Posted : Wednesday, January 08, 2014 6:18:47 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
If I were Mumias, I would also import the cheap sugar from Comesa and compete with the other players while still selling power and water as by products for the expensive sugar I produce
Back to top
  |
Aguytrying
#298 Posted : Wednesday, January 08, 2014 8:01:46 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@The deal. I've just read your analysis on mumias in August 2013. it is brilliant, very good work. you even predicted the share dipping to 3.50 and the loss you predicted was close to the true loss.

my interest in this company has been sparked funnily enough by your fellow contrarian, half yr results are in jan or feb where surely there will be a recovery otherwise the kakamega mps and religious leaders will oust kebati.

risk of the comesa safe guards being lifted. with gov gearing to tightening the laws for importers of sugar. it looks like the safeguards really will be lifted.

opportunities for mumias is taking over smaller millers, and when mumias improves the efficiency this year, it will be back to profits. we have to hope the Gok will tighten the importation rules to protect mumias. yes hope
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
the deal
#299 Posted : Wednesday, January 08, 2014 8:41:17 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Aguytrying wrote:
@The deal. I've just read your analysis on mumias in August 2013. it is brilliant, very good work. you even predicted the share dipping to 3.50 and the loss you predicted was close to the true loss.

my interest in this company has been sparked funnily enough by your fellow contrarian, half yr results are in jan or feb where surely there will be a recovery otherwise the kakamega mps and religious leaders will oust kebati.

risk of the comesa safe guards being lifted. with gov gearing to tightening the laws for importers of sugar. it looks like the safeguards really will be lifted.

opportunities for mumias is taking over smaller millers, and when mumias improves the efficiency this year, it will be back to profits. we have to hope the Gok will tighten the importation rules to protect mumias. yes hope

They got a bail out from GoK so that should sort out their working capital needs..they might bounce back but the future doesnt look good...so its a very speculative counter...sugar output has rebounded...I believe the factory was busier in H1 2014 than H1 2013 but sugar prices have tumbled...cheap imports are also making it difficult for MSC to move stock...so if you are buying put a stop loss of like 15-20%...the higher the risk the higher the return smile
Back to top
  |
young
#300 Posted : Wednesday, January 08, 2014 10:23:55 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
My thoughts,
The bail out of 500m bob shows GOK Is
interested in mumias survival.
MUMIAS has a great chance of becoming
another UCHUMI
- If it overcomes comesa hurdle
- Have a good technocrat as CEO
- Pursue vigorously their product diversification
drive.

Those that buy now may turn out to be
a good gamble. But count me out it is
not my kind of counter.
Good luck to the risk takers .
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. .
Back to top
  | | Edit by user: Wednesday, January 08, 2014 10:26 PM | Reason: Not specified
299 Pages«<2829303132>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.