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Mumias Sugar huge demand
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hisah
#641 Posted : Monday, July 21, 2014 11:15:10 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mumias stock plummets to an all-time low as woes persist

@mnandii - It is getting interesting with all the talk and headlines smile

@deal - the contrarian play is now very tempting...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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streetwise
#642 Posted : Monday, July 21, 2014 2:34:46 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
so who is buying MSC ad why !!!!
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mibbz
#643 Posted : Monday, July 21, 2014 2:39:11 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
People were warned on this same forum and they kept on buying.Pigs get slaughtered.

Way forward,either company is bought out and dismatled into pieces or serilaki steps in to bail it out uchumi style.

Lastly as of today 1445hrs, demand 135,300 Supply 1.51 Mil
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  | | Edit by user: Monday, July 21, 2014 2:46 PM | Reason: Not specified
Tall Order
#644 Posted : Monday, July 21, 2014 2:54:56 PM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
Many people are still interested saying it is a cheap share with the hope that it makes a turnaround and trade in the 4-7 bob and that they'll be laughing at those who stayed away from it such as myself.
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murchr
#645 Posted : Monday, July 21, 2014 3:10:16 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mibbz wrote:
People were warned on this same forum and they kept on buying.Pigs get slaughtered.

Way forward,either company is bought out and dismatled into pieces or serilaki steps in to bail it out uchumi style.

Lastly as of today 1445hrs, demand 135,300 Supply 1.51 Mil



Am waiting for it down there
"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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jerry
#646 Posted : Monday, July 21, 2014 3:11:40 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
streetwise wrote:
so who is buying MSC ad why !!!!

You @streetwise didn't read #641 above?
The opposite of courage is not cowardice, it's conformity.
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cyruskulei
#647 Posted : Monday, July 21, 2014 3:30:07 PM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
Will dive in when it hits 2bob. Though i see it going as low as 1.50
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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streetwise
#648 Posted : Monday, July 21, 2014 3:48:14 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
At 1.50 even me will buy
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mlennyma
#649 Posted : Monday, July 21, 2014 6:04:30 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its time to start calculating the debts of this company and assets value to see if the worst comes the shareholder can salvage anything or whether a receiver can jump in from the unknown,i doubt any financial institution can be comfortable lending money to mumias.
"Don't let the fear of losing be greater than the excitement of winning."
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uchumi
#650 Posted : Monday, July 21, 2014 6:49:38 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
The sugar is becoming sour day by day.what is the net asset per share
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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299 Pages«<6364656667>»
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