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Mumias Sugar huge demand
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murchr
#441 Posted : Wednesday, January 29, 2014 11:20:11 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
murchr wrote:
At 2.anything am a buyer...that could be as soon as Friday


Laughing out loudly Laughing out loudly Laughing out loudly Dream on broda! You have tomorrow and the day after in that dreamland!!


Who is dreaming mweke? I'd rather dream than have nightmares. Closing price today was 3.00 casino royale. I hope to wake up and smell the coffee


33% drop in 2 days. Not at NSE. Unless u wonna tell me the results are coming up within this 2 and they are very terrible


Clearly you dint understand my post. 2.anything might even be the thing tomorrow, anyway let me keep dreaming


My bad. 2.xy. Something like that even happened today. Cheers


smile
"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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pnyaga
#442 Posted : Thursday, January 30, 2014 10:07:39 AM
Rank: New-farer


Joined: 1/28/2014
Posts: 26
This Mumias is sinking deeper and deeper! But, whoever will invest about 180K and remain patient for between 3 to 5 years will have a gross of 750K+.
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Pedes
#443 Posted : Thursday, January 30, 2014 10:10:26 AM
Rank: Member


Joined: 9/30/2013
Posts: 659
pnyaga wrote:
This Mumias is sinking deeper and deeper! But, whoever will invest about 180K and remain patient for between 3 to 5 years will have a gross of 750K+.


So you have sunk 180k, good luck.
If you stay ready, no need to get ready.
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ecstacy
#444 Posted : Thursday, January 30, 2014 10:16:58 AM
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Joined: 2/26/2008
Posts: 4,449
How bad are MSC books??? Mumias is only comparable to Manchester United FC at the rate at which they are going down.
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mv_ufanisi
#445 Posted : Thursday, January 30, 2014 10:34:24 AM
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Joined: 1/15/2010
Posts: 625
Mumias seems like its headed all the way to 0. You might actually lose all your money while getting bogged down with restructuring, recapitalization etc etc. All that might be left one day is a bunch of scrap metal from its dead factory when the losses start hitting left right and center.
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pnyaga
#446 Posted : Thursday, January 30, 2014 10:45:14 AM
Rank: New-farer


Joined: 1/28/2014
Posts: 26
hahaha soon than later, Mumias will either diversify her production or revitalize her current activities. She only need innovative team of workers. She has started with mineral water and she is producing almost 25 million ltrs. This is a positive move.
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infinity
#447 Posted : Thursday, January 30, 2014 11:18:44 AM
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Joined: 11/13/2013
Posts: 6
Mumias going lower than Evereday, i'm getting tempted... as 'Kuga' @Njunge indicated anything below 3 bob is dirty cheap
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mwekez@ji
#448 Posted : Thursday, January 30, 2014 11:36:39 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
90% net foreign exit. Buyers have been dead scared going by the bids. ... wondering whether this could be coz of fed taper
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hisah
#449 Posted : Thursday, January 30, 2014 11:42:15 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Njung'e wrote:
@Mutaga,

Waiting for you down here.It's hard ground and there is nothing to break your fallPray ....I will do with what remains of yousmile

#100 Posted : Friday, November 30, 2012 1:45:04 PM

If @mutaga bado anashikila since 2012, you got big balls of steels...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Metasploit
#450 Posted : Thursday, January 30, 2014 12:05:48 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Where are the wazuans fronting for this share at below 3 ??? From live tradings,EVEN at 2.xy,the bidders are still UNINTERESTED!No excitement at all!!

And sellers getting more desperate..

Still on the laggards, close to 800,000 shares on offer at 30 Ksh on TCL from yesterday and buyers still uninterested.

CFC Stanbic,safcom et all..what i see desperate sellers!

My test bid orders for CFC (90) and Safcom (11.40 were filled very quickly and i have been prompted to cancel all the buy orders for now

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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hisah
#451 Posted : Thursday, January 30, 2014 12:07:26 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
#162 Posted : Wednesday, February 27, 2013 6:20:25 PM
guru267 wrote:
kazee wrote:
hisah wrote:
MSC issues profit warning - https://www.nse.co.ke/li...od-ending-december-2012

Quote:
It is expected that the anticipated earnings for the financial year ending 30 June 2013 will be lower than the previous year's by more than 25%


There we go. Tank below 4/-



sugar guru vs guru... ding ding... final round.




What kind of news is this just when i had placed my order to buy some tomorrow after noting how demand has been double the supply this week?? i still doubt it will tank to 4 with the whole market looking positive. I could be wrong


I think we will see this thing at 2.50 bob!

@guru - 2.50 just a yard away.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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ecstacy
#452 Posted : Thursday, January 30, 2014 12:11:03 PM
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Joined: 2/26/2008
Posts: 4,449
The title for this thread is now a tard misleading!!! HAHA #Ksh 2/ Come baby come!!
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Metasploit
#453 Posted : Thursday, January 30, 2014 12:15:10 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Just wondering!!

i saw many threads that guys will buy at bucket loads when this thing hits 2.xy

I thought i could see a bid of like 2M at 2.3,1M at 2.4 etc

Talk about fear!extreme fear

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Boris Boyka
#454 Posted : Thursday, January 30, 2014 1:45:42 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
This share could go to ZERO the sugar sector in Kenya is wanting n nobody cares for it I have personally witnessed collapse of Miwani sugar mills; the largest in E A started in 1989 produced spirit,refined sugar n normal sugar with largest cane crushing capacity that was never attained yet with over 20000 acres of plantations. Chemilil followed suit Muhoroni dint escape though Chemilil n Muhoroni r back but still chaos Miwani is dead!!! this share id rather make no money than gumble with it.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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streetwise
#455 Posted : Thursday, January 30, 2014 1:52:51 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Tutaona...
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hisah
#456 Posted : Thursday, January 30, 2014 2:11:44 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Below 3/- and vol spikes. Capitulation or accumulation? In a few weeks time we will know.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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chaimani
#457 Posted : Thursday, January 30, 2014 2:29:19 PM
Rank: New-farer


Joined: 2/26/2012
Posts: 25
Location: moscow na muranga
Boris Boyka wrote:
This share could go to ZERO the sugar sector in Kenya is wanting n nobody cares for it I have personally witnessed collapse of Miwani sugar mills; the largest in E A started in 1989 produced spirit,refined sugar n normal sugar with largest cane crushing capacity that was never attained yet with over 20000 acres of plantations. Chemilil followed suit Muhoroni dint escape though Chemilil n Muhoroni r back but still chaos Miwani is dead!!! this share id rather make no money than gumble with it.



I don't think Mumias is crushing sooner or later despite the challenges the sugar sector is facing and the Company in particular,The downward trend seem to catch up with every counter in the market due to other economic factor which are beyond the market,me think the price will head up when the greed overcome fear,but currently i see fear/panic has filled the market,can only wait and see
Anxious Anxious Anxious
chasing after the wind
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murchr
#458 Posted : Thursday, January 30, 2014 4:17:46 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
murchr wrote:
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
murchr wrote:
At 2.anything am a buyer...that could be as soon as Friday


Laughing out loudly Laughing out loudly Laughing out loudly Dream on broda! You have tomorrow and the day after in that dreamland!!


Who is dreaming mweke? I'd rather dream than have nightmares. Closing price today was 3.00 casino royale. I hope to wake up and smell the coffee


33% drop in 2 days. Not at NSE. Unless u wonna tell me the results are coming up within this 2 and they are very terrible


Clearly you dint understand my post. 2.anything might even be the thing tomorrow, anyway let me keep dreaming


My bad. 2.xy. Something like that even happened today. Cheers


smile


2.0 is possible sooner....
"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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Cde Monomotapa
#459 Posted : Thursday, January 30, 2014 6:27:10 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Below 3/- and vol spikes. Capitulation or accumulation? In a few weeks time we will know.


Keen eye. Same wonders here Sad smile
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mwekez@ji
#460 Posted : Thursday, January 30, 2014 6:30:32 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
murchr wrote:
murchr wrote:
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
murchr wrote:
mwekez@ji wrote:
murchr wrote:
At 2.anything am a buyer...that could be as soon as Friday


Laughing out loudly Laughing out loudly Laughing out loudly Dream on broda! You have tomorrow and the day after in that dreamland!!


Who is dreaming mweke? I'd rather dream than have nightmares. Closing price today was 3.00 casino royale. I hope to wake up and smell the coffee


33% drop in 2 days. Not at NSE. Unless u wonna tell me the results are coming up within this 2 and they are very terrible


Clearly you dint understand my post. 2.anything might even be the thing tomorrow, anyway let me keep dreaming


My bad. 2.xy. Something like that even happened today. Cheers


smile


2.0 is possible sooner....


smile

Take care u dont miss out ....
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