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wannaberich
#31 Posted : Monday, July 14, 2014 2:47:39 PM
Rank: Member

Joined: 4/24/2014
Posts: 159
Location: Nairobi
CuriosityMove wrote:
jawgey wrote:
wannaberich wrote:
[quote=jawgey]We approaching 1.50 very fast! and Next year is coming where they will be crying for yet another extension of the comesa protection.



jawgey.
The loss wld be too big if i bailed now.


I disposed half of my holding in this earlier on, am wishing I disposed the entire thing.

I'll have to wait with you for a mitigated price i.e. if we don't go into liquidation.


Mumias sugar fires its Legal Manager:

http://www.standardmedia...fires-its-legal-manager[/quote]


Atleast im not alone in this waiting game
Money comes and goes. When you have it enjoy it.
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Boris Boyka
#32 Posted : Monday, July 14, 2014 3:04:57 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Akenyan2014 wrote:
CuriosityMove wrote:
jawgey wrote:
wannaberich wrote:
[quote=jawgey]We approaching 1.50 very fast! and Next year is coming where they will be crying for yet another extension of the comesa protection.



jawgey.
The loss wld be too big if i bailed now.


I disposed half of my holding in this earlier on, am wishing I disposed the entire thing.

I'll have to wait with you for a mitigated price i.e. if we don't go into liquidation.


Mumias sugar fires its Legal Manager:

http://www.standardmedia...fires-its-legal-manager[/quote]

Counter has been moving high volumes of late. Anyone with some insight?

@Akenyan ppl are running while others are getting in. It's clear MSC isn't recovering any soon if it'll ever happen. whoever is buying now can afford losing the 2.70 bila kunungunika saana . polee seems you're trapped in this MSC & KQ.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Akenyan2014
#33 Posted : Monday, July 14, 2014 3:41:07 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
I have small amount of msc price averaged to 3.1; I may consider shipping out but then I think the floor is not too far. It seems to be taking the Neveready footsteps: remember how it got to 1.6 when it looked written off. I don't know if they have much land as part of its assets. I am only scared of Msc being wound up. But then Njubiree might see some sense of protecting the sugar industry and support the laggard. I have seen the recent 'reforms' aimed at agricultural and industrial sectors.

For KQ, I know the dynamics and am safe, thank you.
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Akenyan2014
#34 Posted : Tuesday, July 15, 2014 10:39:12 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Boris Boyka wrote:
Akenyan2014 wrote:
CuriosityMove wrote:
jawgey wrote:
wannaberich wrote:
[quote=jawgey]We approaching 1.50 very fast! and Next year is coming where they will be crying for yet another extension of the comesa protection.



jawgey.
The loss wld be too big if i bailed now.


I disposed half of my holding in this earlier on, am wishing I disposed the entire thing.

I'll have to wait with you for a mitigated price i.e. if we don't go into liquidation.


Mumias sugar fires its Legal Manager:

http://www.standardmedia...fires-its-legal-manager[/quote]

Counter has been moving high volumes of late. Anyone with some insight?

@Akenyan ppl are running while others are getting in. It's clear MSC isn't recovering any soon if it'll ever happen. whoever is buying now can afford losing the 2.70 bila kunungunika saana . polee seems you're trapped in this MSC & KQ.


Depends on which news carries the day.The good MSC Restructuring or the not so good MSC to pay farmers based on sucrose content
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  | | Edit by user: Tuesday, July 15, 2014 10:41 PM | Reason: Not specified
icecube
#35 Posted : Wednesday, July 16, 2014 12:57:43 AM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi

So some people are trapped in this MSC thing? Sad!
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streetwise
#36 Posted : Wednesday, July 16, 2014 7:49:19 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
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hmmm
#37 Posted : Wednesday, July 16, 2014 8:00:54 AM
Rank: New-farer

Joined: 10/11/2011
Posts: 25
I think this surgery will either kill the patient (mumias) or will heal the patient and leave them stronger than before. I guess only time will tell.
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mlennyma
#38 Posted : Wednesday, July 16, 2014 8:15:25 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Before the share pludge they wanted to do a rights issue so i see no meaningful capital gains because they need money madly and should the share price improve then a rights pap.
"Don't let the fear of losing be greater than the excitement of winning."
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icecube
#39 Posted : Thursday, July 17, 2014 3:42:39 AM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.
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  | | Edit by user: Thursday, July 17, 2014 3:46 AM | Reason: Not specified
murchr
#40 Posted : Thursday, July 17, 2014 4:00:28 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
icecube wrote:
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.


WHY? What informs your decision? With headlines like this "Mumias Sugar to retrench 300 in turnaround drive" Its about time you ran away so so fast
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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