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Mumias Sugar huge demand
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HaMaina
#581 Posted : Wednesday, June 18, 2014 9:07:08 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 932
I thought the Government already offset the Sugar factory's debts 2 years ago that's not what's being reported in today's Nation.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Boris Boyka
#582 Posted : Wednesday, June 18, 2014 9:50:56 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
HaMaina wrote:
I thought the Government already offset the Sugar factory's debts 2 years ago that's not what's being reported in today's Nation.

@Ha you're the only "few" advocating for this thing!!!! Nway utakuliwa na ulcers for longer periods then upate pesa ya kujitibu from msc some yrs to come
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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hmmm
#583 Posted : Friday, June 20, 2014 3:36:30 PM
Rank: New-farer

Joined: 10/11/2011
Posts: 25
dunkang wrote:
Asi, this sugar, this sugar, this sugar, this mumias sugar is heading to 8/-. This bus will not leave me, i am going to get some cum div.
Niende?


Mumias Sugar Company has closed shop indefinitely for lack of sugarcane after a boycott by transporters contracted to deliver.

link
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Njung'e
#584 Posted : Friday, June 20, 2014 4:22:42 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
hmmm wrote:
dunkang wrote:
Asi, this sugar, this sugar, this sugar, this mumias sugar is heading to 8/-. This bus will not leave me, i am going to get some cum div.
Niende?


Mumias Sugar Company has closed shop indefinitely for lack of sugarcane after a boycott by transporters contracted to deliver.

link



Not true at all.
Nothing great was ever achieved without enthusiasm.
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Njung'e
#585 Posted : Friday, June 20, 2014 4:25:24 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
hmmm wrote:
dunkang wrote:
Asi, this sugar, this sugar, this sugar, this mumias sugar is heading to 8/-. This bus will not leave me, i am going to get some cum div.
Niende?


Mumias Sugar Company has closed shop indefinitely for lack of sugarcane after a boycott by transporters contracted to deliver.

link



Not true at allShame on you Shame on you Shame on you Shame on you Liar Liar Liar
Nothing great was ever achieved without enthusiasm.
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streetwise
#586 Posted : Friday, June 20, 2014 4:26:16 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
This is what Warren Buffet calls: Blood in the street
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  | | Edit by user: Friday, June 20, 2014 4:32 PM | Reason: Not specified
hmmm
#587 Posted : Friday, June 20, 2014 4:48:02 PM
Rank: New-farer

Joined: 10/11/2011
Posts: 25
The Board of Mumias Sugar Company (MSC) has suspended four directors as the company moves to forestall integrity in the management of the country’s largest miller.

http://www.standardmedia...suspends-four-directors
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target1360
#588 Posted : Friday, June 20, 2014 5:49:17 PM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
it is very difficult to predict the future of stocks with significant government shareholding
I find satisfaction in owning great business,not trading them
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Boris Boyka
#589 Posted : Friday, June 20, 2014 6:12:18 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
target1360 wrote:
it is very difficult to predict the future of stocks with significant government shareholding

@target sometimes we blame gvt or "others" when it's us who dint look around. it's true you cannot predict shares but surely MSC with all the info provided in fact I personally mentioned how the sugar industry of kenyan had problems(miwani chemilil muhoroni mills were shut down among others ) and challenges of recovering with increased illegal imports very high cost of production locally.....low cane production e.t.c sasa ulikua unatarajia pesa itoke wapi ????
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Boris Boyka
#590 Posted : Saturday, June 21, 2014 4:56:33 AM
Rank: Veteran

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

If you had been trapped in long ago polee, if you entered this slaughter house recently a speculator na ulikua hapa wazua ulcers ndio zako ugua pole na Lucozade!!!!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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