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Mumias Sugar huge demand
Murenju
#481 Posted : Tuesday, February 18, 2014 5:11:17 PM
Rank: Member


Joined: 7/13/2006
Posts: 94
Location: Nairobi
Sugar will always taste sweet. Only time will tell if Kenyan sugar will keep its taste.
Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
Njung'e
#482 Posted : Wednesday, February 19, 2014 6:40:09 PM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Dan Ameyo C.B.O.G replacing Bosse.
Nothing great was ever achieved without enthusiasm.
mwekez@ji
#483 Posted : Wednesday, February 19, 2014 6:49:36 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Njung'e wrote:
Dan Ameyo C.B.O.G replacing Bosse.


I trust good news .... C.B.O.G ni?
Njung'e
#484 Posted : Wednesday, February 19, 2014 8:15:56 PM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
mwekez@ji wrote:
Njung'e wrote:
Dan Ameyo C.B.O.G replacing Bosse.


I trust good news .... C.B.O.G ni?


SorryPray .Meant chair board of directors.
Nothing great was ever achieved without enthusiasm.
dunkang
#485 Posted : Thursday, February 20, 2014 7:53:59 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
11,000 tonnes of sugar in Mumias godowns
Receive with simplicity everything that happens to you.” ― Rashi

Boris Boyka
#486 Posted : Thursday, February 20, 2014 8:05:43 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here

What of chemilil and Sony sugar? hope they get market soonest or else.....
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
mwekez@ji
#487 Posted : Thursday, February 20, 2014 8:28:12 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Njung'e wrote:
mwekez@ji wrote:
Njung'e wrote:
Dan Ameyo C.B.O.G replacing Bosse.


I trust good news .... C.B.O.G ni?


SorryPray .Meant chair board of directors.


Asante Sir Njung'e. Considering what this company is going through, I take that move positively
mkeiy
#488 Posted : Wednesday, February 26, 2014 4:35:24 PM
Rank: Member


Joined: 1/27/2012
Posts: 851
Location: Nairobi
Aguytrying wrote:
http://www.businessdailyafrica.com/Rise-in-factory-sugar-prices/-/539546/2209162/-/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



Hoping the Deputy President brings home some good news. The next two weeks or so might get quite interesting.
mwekez@ji
#489 Posted : Wednesday, February 26, 2014 8:15:54 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
brizzy
#490 Posted : Wednesday, February 26, 2014 10:14:57 PM
Rank: New-farer


Joined: 4/23/2013
Posts: 14
http://www.businessdaily.../-/15726iw/-/index.html
I hope it works out
The closer you look the less you see
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
jawgey
#492 Posted : Thursday, February 27, 2014 9:50:30 AM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
As you can see the news have had quite an impact on the bourse!! Recovery mode it is!
Seeing is believing
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!
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
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.
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
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.

mlennyma
#498 Posted : Thursday, February 27, 2014 3:20:36 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,182
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."
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
jawgey
#500 Posted : Friday, February 28, 2014 11:52:39 AM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
This thing will rally to about 7bob by june
Seeing is believing
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