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Aguytrying		#491 Posted : Thursday, February 27, 2014 8:18:13 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		brizzy wrote: http://www.businessdailyafrica.com/Kenya-gets-another-year-for-sugar-reforms/-/539546/2223376/-/15726iw/-/index.html I hope it works out safeguards extended by one year! we saw this coming. but the game changer has been and will be Tarda. mumias should get their act together in the 12 months. The investor's chief problem - and even his worst enemy - is likely to be himself
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jawgey		#492 Posted : Thursday, February 27, 2014 9:50:30 AM
Rank: Member Joined: 1/13/2014 Posts: 398 Location: Denmark		As you can see the news have had quite an impact on the bourse!! Recovery mode it is! Seeing is believing
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hisah		#493 Posted : Thursday, February 27, 2014 11:55:42 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Aguytrying wrote: brizzy wrote: http://www.businessdailyafrica.com/Kenya-gets-another-year-for-sugar-reforms/-/539546/2223376/-/15726iw/-/index.html I hope it works out safeguards extended by one year! we saw this coming. but the game changer has been and will be Tarda. mumias should get their act together in the 12 months. Disappointed by that 1yr extension. The recovery rally needs solid legs than that measly extension. Resistance levels on the recovery are 3.80 - 4.00 then 4.50 - 4.75 then the solid barrier at 6 - 6.50 level. Quite a long road to recovery if you target the NAV. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Aguytrying		#494 Posted : Thursday, February 27, 2014 1:18:18 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		hisah wrote: Aguytrying wrote: brizzy wrote: http://www.businessdailyafrica.com/Kenya-gets-another-year-for-sugar-reforms/-/539546/2223376/-/15726iw/-/index.html I hope it works out safeguards extended by one year! we saw this coming. but the game changer has been and will be Tarda. mumias should get their act together in the 12 months. Disappointed by that 1yr extension. The recovery rally needs solid legs than that measly extension. Resistance levels on the recovery are 3.80 - 4.00 then 4.50 - 4.75 then the solid barrier at 6 - 6.50 level. Quite a long road to recovery if you target the NAV. you are quite right my friend. the comesa cloud still looms over the counter and recovery cant be to its maximum potential . Tarda will be the game changer if that front goes silent then we'll be back to square one in 2015 feb The investor's chief problem - and even his worst enemy - is likely to be himself
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the deal		#495 Posted : Thursday, February 27, 2014 1:48:25 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		COMESA 1 year extension=what can MSC achieve in 1 year which it has failed to achieve over the last 5 years? Investors being offered an escape route...I would advice an exit here.
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Aguytrying		#496 Posted : Thursday, February 27, 2014 2:30:50 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		the deal wrote: COMESA 1 year extension=what can MSC achieve in 1 year which it has failed to achieve over the last 5 years? Investors being offered an escape route...I would advice an exit here. This is contrarian investing, buy when they are beaten up and no one is believing in recovery. As long as GOV supports sugar farming and milling in this country, mumias as a company is going nowhere. Mumias just needs to get its act together Comesa or no comesa safeguards The investor's chief problem - and even his worst enemy - is likely to be himself
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cyruskulei		#497 Posted : Thursday, February 27, 2014 3:10:18 PM
Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya		the deal wrote: COMESA 1 year extension=what can MSC achieve in 1 year which it has failed to achieve over the last 5 years? Investors being offered an escape route...I would advice an exit here. We will buy this counter at 1 bob. Just watch. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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mlennyma		#498 Posted : Thursday, February 27, 2014 3:20:36 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Extension is only good news to speculators but not long termers,mumias will be another cry baby like eveready after 1yr "Don't let the fear of losing be greater than the excitement of winning."
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streetwise		#499 Posted : Thursday, February 27, 2014 3:48:46 PM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		A year is a long time..lets discuss mid year
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jawgey		#500 Posted : Friday, February 28, 2014 11:52:39 AM
Rank: Member Joined: 1/13/2014 Posts: 398 Location: Denmark		This thing will rally to about 7bob by june Seeing is believing
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