wazua Thu, Apr 9, 2026
Welcome Guest Search | Active Topics | Log In

299 Pages«<4647484950>»
Mumias Sugar huge demand
mwekez@ji
#471 Posted : Monday, February 10, 2014 11:25:15 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
PKoli wrote:
streetwise wrote:
Waiting...patiently. Wake me up when it hit 2 bob.


During the old days, I here 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.


This chart has been adjusted for the bonus (2 for 1) of November 2007. In the long life of the chart, its hasn't seen a 2!


sparkly
#472 Posted : Tuesday, February 11, 2014 7:54:18 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Anyone with a set of the last Financial Statements? Please share sparkly99@ovi.com


mwekez@ji wrote:
PKoli wrote:
streetwise wrote:
Waiting...patiently. Wake me up when it hit 2 bob.


During the old days, I here 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.


This chart has been adjusted for the bonus (2 for 1) of November 2007. In the long life of the chart, its hasn't seen a 2!



Life is short. Live passionately.
mwekez@ji
#473 Posted : Tuesday, February 11, 2014 1:51:47 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
http://www.investinginafrica.ne...change/listed-companies/

sparkly wrote:
Anyone with a set of the last Financial Statements? Please share sparkly99@ovi.com


mwekez@ji wrote:
PKoli wrote:
streetwise wrote:
Waiting...patiently. Wake me up when it hit 2 bob.


During the old days, I here 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.


This chart has been adjusted for the bonus (2 for 1) of November 2007. In the long life of the chart, its hasn't seen a 2!




sparkly
#474 Posted : Tuesday, February 11, 2014 2:10:57 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ahsante.

mwekez@ji wrote:
http://www.investinginafrica.ne...change/listed-companies/

sparkly wrote:
Anyone with a set of the last Financial Statements? Please share sparkly99@ovi.com


mwekez@ji wrote:
PKoli wrote:
streetwise wrote:
Waiting...patiently. Wake me up when it hit 2 bob.


During the old days, I here 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.


This chart has been adjusted for the bonus (2 for 1) of November 2007. In the long life of the chart, its hasn't seen a 2!





Life is short. Live passionately.
tomtom
#475 Posted : Wednesday, February 12, 2014 3:49:05 PM
Rank: New-farer

Joined: 11/19/2013
Posts: 33
Interesting read
OF ALL the types of poaching taking place in East Africa, that of sugarcane may be the least known.
Quote:
"Kenya sugar is in crisis — it has done very little to reform the sector in 10 years," says Edward George, head of soft commodities research at Ecobank. "What are they privatising? The machinery’s old and there are massive debts.

"No one has wanted to buy these sugar mills in years."
tomtom
#476 Posted : Wednesday, February 12, 2014 3:55:53 PM
Rank: New-farer

Joined: 11/19/2013
Posts: 33
tomtom wrote:
Interesting read
OF ALL the types of poaching taking place in East Africa, that of sugarcane may be the least known.
Quote:
"Kenya sugar is in crisis — it has done very little to reform the sector in 10 years," says Edward George, head of soft commodities research at Ecobank. "What are they privatising? The machinery’s old and there are massive debts.

"No one has wanted to buy these sugar mills in years."


The East African hub economy is seeking a two-year extension to the deadline, but it may be hard to achieve, as any further extension would be in violation of World Trade Organisation rules that permit a maximum of 10 years for special trade protection measures.
mwekez@ji
#477 Posted : Friday, February 14, 2014 8:49:32 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Sugar safeguards top Comesa agenda in Congo

Kenya’s request that sugar imports from the Common Market for East and Southern Africa (Comesa) continue being restricted from its market will be discussed at a summit later this month.

Comesa secretary-general Sindiso Ndema Ngwenya told President Uhuru Kenyatta that the extension of the safeguards would be on the agenda at the heads of state meeting in Kinshasha, DR Congo.

The Presidential Strategic Communications Unit quoted Mr Ngwenya saying during a courtesy call on President Kenyatta that he was optimistic that the safeguards would be extended.

For the safeguards to be granted the Trade Remedy Regulations would have to be amended, allowing Kenya to exceed the maximum allowable safeguard duration of 10 years.

President Kenyatta appealed to Comesa to extend the safeguard to give the Kenyan sugar industry time to reform before the unregulated sugar imports from the 19 member-state is allowed.

“Cheap sugar imports at this time when our industry is facing a myriad of challenges does not augur well for our cane farmers,” he said.

‘‘More time given to us will help address the issues that have held down the sector,” said President Kenyatta.
Aguytrying
#478 Posted : Friday, February 14, 2014 12:37:30 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@mwekezaji. Let people not say they didnt see this extension coming
The investor's chief problem - and even his worst enemy - is likely to be himself
mwekez@ji
#479 Posted : Friday, February 14, 2014 12:48:28 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Aguytrying wrote:
@mwekezaji. Let people not say they didnt see this extension coming

Aguytrying
#480 Posted : Tuesday, February 18, 2014 3:30:20 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
http://www.businessdaily.../-/13u1rcs/-/index.html

what happens when you mix higher prices and higher volumes? Ill tell you what... higher profits. and share price follows good performance. first we have to clear this comesa/no comesa hurdle
The investor's chief problem - and even his worst enemy - is likely to be himself
299 Pages«<4647484950>»
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.