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Mumias Sugar huge demand
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Metasploit
#461 Posted : Friday, January 31, 2014 1:23:59 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Did the guy bottomed ? was the volume spike an accumulation ?

Further downward movement stopped.

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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hisah
#462 Posted : Friday, January 31, 2014 1:54:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Metasploit wrote:
Did the guy bottomed ? was the volume spike an accumulation ?

Further downward movement stopped.

Give it a few weeks. But don't pick the bottom. Let the trend form. But yesterday's close was like a capitulation which mark floors. Hopeful a retest of 2.50 - 2.80 comes again to confirm no sellers exit there before trend reversal can begin with conviction.

KQ is acting very nicely. Shaking the mango tree and a lot of shaking happened today smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Aguytrying
#463 Posted : Friday, January 31, 2014 3:53:57 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
Metasploit wrote:
Did the guy bottomed ? was the volume spike an accumulation ?

Further downward movement stopped.

Give it a few weeks. But don't pick the bottom. Let the trend form. But yesterday's close was like a capitulation which mark floors. Hopeful a retest of 2.50 - 2.80 comes again to confirm no sellers exit there before trend reversal can begin with conviction.

KQ is acting very nicely. Shaking the mango tree and a lot of shaking happened today smile


I'd be shocked if it was capitulation, i mean how much lower can this thing go. And i would have expected the higher volumes earlier, but time will tell. Meanwhile in buying mode. sijui niuze nini ama nanismile
The investor's chief problem - and even his worst enemy - is likely to be himself
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pnyaga
#464 Posted : Friday, January 31, 2014 5:05:13 PM
Rank: New-farer

Joined: 1/28/2014
Posts: 26
For serious investors, this the time to buy MUMIAS! buy! buy! buy! Idiots will start buying at Kshs.5 upwards.
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stockshunter
#465 Posted : Friday, January 31, 2014 5:19:43 PM
Rank: Member

Joined: 1/16/2014
Posts: 114
pnyaga wrote:
For serious investors, this the time to buy MUMIAS! buy! buy! buy! Idiots will start buying at Kshs.5 upwards.
when u say Idiots will start buying at 5 what do you mean? Every person in stock market is wise and foolish in his own ways. Thank you
fear makes people live a miserable life.
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sparkly
#466 Posted : Friday, January 31, 2014 6:41:30 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Just when you think that a stock cannot fall any further MUMIAS happens. Mumias is falling faster than allowed by gravity!
Life is short. Live passionately.
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poundfoolish
#467 Posted : Sunday, February 02, 2014 5:38:19 PM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
mawinder wrote:
I had given the Director of Marketing and Corporate affairs a one week notice to resign which ended on Thursday.I add her one more week or else I will ensure she is sacked by 3rd February.She should have learnt from the former Director of Finance who thought I was an ordinary Kenyan but later left Mumias knowing I am a small powerful man.Ataenda ama ataenda!!!!!!!


Ameenda sasa bado HR Director.... then MD... then this 'Dawa ya Nairobi' in 2017.
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mwekez@ji
#468 Posted : Monday, February 10, 2014 9:23:17 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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streetwise
#469 Posted : Monday, February 10, 2014 2:13:43 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Waiting...patiently. Wake me up when it hit 2 bob.
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PKoli
#470 Posted : Monday, February 10, 2014 9:44:03 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
streetwise wrote:
Waiting...patiently. Wake me up when it hit 2 bob.


During the old days, I hear Mumias was trading at 2 bob. If current price goes to 2, this is equivalent to 6 pre-bonus. Looks Mumias might struggle for a while.
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  | | Edit by user: Tuesday, February 11, 2014 3:08 PM | Reason: Not specified
299 Pages«<4546474849>»
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