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Mumias Sugar huge demand
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subaru
#651 Posted : Monday, July 21, 2014 7:21:37 PM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
those of us who bought at 63 wata sema aje
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jawgey
#652 Posted : Monday, July 21, 2014 7:56:09 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
subaru wrote:
those of us who bought at 63 wata sema aje


Ati nini!?! pole
Seeing is believing
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Akenyan2014
#653 Posted : Monday, July 21, 2014 10:12:25 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
jawgey wrote:
subaru wrote:
those of us who bought at 63 wata sema aje


Ati nini!?! pole


The fact that KORCH, OCH, EVRDY, XPRS et al traded low for a long time. Whereas I had no idea of the viability the kind of businesses being claimed to be taking place in these firms. Noting that they all came out victorious. Considering that the only variable eventually became patience of the investor, I hereby register my appetite for MSC at any sweet price such as 2.50 of today, or even a honier price of sub 2. I may however invest in a sleeping pill in case the wake up time is past next year.
On a different note, it seems all political tones converge towards seeing MSC revived. Both county and central govt. discussions in some way prefer keeping rather than aborting this poor baby. I cannot discount good news coming soon. I guess a more robust sugar sector policy framework could be in the offing.
I could be wrong though...
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Boris Boyka
#654 Posted : Monday, July 21, 2014 10:38:01 PM
Rank: Veteran

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

The topic should read "Mumias sugar low demand" or "Mumias sugar high supply " .
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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VituVingiSana
#655 Posted : Tuesday, July 22, 2014 6:17:48 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
Akenyan2014 wrote:
The fact that KORCH, OCH, EVRDY, XPRS et al traded low for a long time
All the ones you mentioned have very few outstanding shares vs Mumias. And have very few shares that trade hands. And are unlikely to go much higher except for Pump and Dump. Have fun.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mawinder
#656 Posted : Tuesday, July 22, 2014 7:30:57 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
hisah wrote:
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...

The article is pure crap.Mumias listing price was Kshs 6.25 before they diluted the stock by a factor of 3.By then there were 510m shares against the current 1.53b shares.I remember it even traded at Kshs. 3.05 before the split!!!!!
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2012
#657 Posted : Tuesday, July 22, 2014 8:30:29 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Their govt. protection is finally ending or has ended. Kidero left because he knew it would not be extended. Mumias failed to play the patriotism card like Tusker and Safaricom, now they are in proper sh*t.

BBI will solve it :)
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mlennyma
#658 Posted : Tuesday, July 22, 2014 8:30:34 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Mumias is still selling drinking water and some companies have made it with water only,my take is that we should not behave as if mumias is an empty debe,money will be made but my main interest now is to know their debt level before i enter,who can know?
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#659 Posted : Tuesday, July 22, 2014 9:28:34 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
mlennyma wrote:
Mumias is still selling drinking water and some companies have made it with water only,my take is that we should not behave as if mumias is an empty debe,money will be made but my main interest now is to know their debt level before i enter,who can know?

Annual Reports... Ask your broker or go to Image Registrars
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Sufficiently Philanga....thropic
#660 Posted : Tuesday, July 22, 2014 9:30:44 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mawinder wrote:
hisah wrote:
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...

The article is pure crap.Mumias listing price was Kshs 6.25 before they diluted the stock by a factor of 3.By then there were 510m shares against the current 1.53b shares.I remember it even traded at Kshs. 3.05 before the split!!!!!

What they had was not a stock split but a bonus of 2:1
@SufficientlyP
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