wazua Tue, Apr 7, 2026
Welcome Guest Search | Active Topics | Log In

299 Pages«<6768697071>»
Mumias Sugar huge demand
target1360
#681 Posted : Tuesday, July 22, 2014 2:29:04 PM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
A great business provides products that it is able to differentiate and is thus able to set prices.msc sugar business is the opposite
I find satisfaction in owning great business,not trading them
icecube
#682 Posted : Tuesday, July 22, 2014 4:48:03 PM
Rank: Member

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

Nearly 2 million Mumias shares were traded today at an average price of 2.40. There was a large number of investors who thought Mumias was a bad share and sold, equally, there was another large set of investors who thought it was a good investment and bought..now I wonder who did a better research? or time will tell...
streetwise
#683 Posted : Tuesday, July 22, 2014 4:50:23 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
The market is the only place where one never blames others but himself.
mlennyma
#684 Posted : Tuesday, July 22, 2014 6:11:35 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its good you never know who buys your shares,if people traded eye to eye there can be alot of hatred and posibly assasinations and little joy as well.you burn quietly in your house
"Don't let the fear of losing be greater than the excitement of winning."
The optimist
#685 Posted : Tuesday, July 22, 2014 8:55:36 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
dunkang wrote:
So, 2.30/- printed?
Hii ndio huwa inaitwa KUCHOMEKA!

Jamaneni. Sirkal saidia. Sisi iko mbaya saidi!

Laughing out loudly Laughing out loudly
Richie rich
#686 Posted : Tuesday, July 22, 2014 10:12:32 PM
Rank: New-farer

Joined: 9/29/2012
Posts: 79
The optimist wrote:
dunkang wrote:
So, 2.30/- printed?
Hii ndio huwa inaitwa KUCHOMEKA!

Jamaneni. Sirkal saidia. Sisi iko mbaya saidi!

Laughing out loudly Laughing out loudly

I said once this thing is a monkey and i dumped it at 4.50 after buying at 49.5 pre split, best of luck to those who are still holding it, lets meet some other time .
The God of the day is still God in the night.
HaMaina
#687 Posted : Wednesday, July 23, 2014 7:12:52 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 932
Richie rich wrote:
The optimist wrote:
dunkang wrote:
So, 2.30/- printed?
Hii ndio huwa inaitwa KUCHOMEKA!

Jamaneni. Sirkal saidia. Sisi iko mbaya saidi!

Laughing out loudly Laughing out loudly

I said once this thing is a monkey and i dumped it at 4.50 after buying at 49.5 pre split, best of luck to those who are still holding it, lets meet some other time .


I'm still there and looking to funds to get in deeper, as I said before no one has explained to me why its trading lower than EverReady.
smile smile Pray smile Pray smile Pray smile Pray smile Pray smile
“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
mv_ufanisi
#688 Posted : Wednesday, July 23, 2014 8:30:15 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
streetwise wrote:
The market is the only place where one never blames others but himself.

Applause
Apart from the occasional broker problems, the blame squarely lies on your own action or lack of it. That's as fair as it gets. I still remember buying Mumias at 60 - things seemed to be on the right track. Ethanol production was supposed to come on stream with the government coming up with supportive regulation for Ethanol mixed with fuel a la Brazil. Mumias was also going to Tana River Delta, they were also getting into the water business etc etc. Things seemed all headed up. By the time the stock came down to 30 I decided to lick my wounds and get out. Unfortunately, I advised a friend to buy at 9/- and she's still holding onto the shares.
The funny part right now, it seems to be a stock not to touch with a 10 ft pole. Unfortunately hindsight is 20/20 and the future who knows what's going to happen?
Mainat
#689 Posted : Wednesday, July 23, 2014 8:49:53 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Does Mumias have viable business model in today's Kenya?
Sehemu ndio nyumba
HaMaina
#690 Posted : Wednesday, July 23, 2014 8:55:01 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 932
Mainat wrote:
Does Mumias have viable business model in today's Kenya?


So far its hard to tell what the plans are and the silence is not helping, but I believe we shall all find out soon enough.

smile smile smile
“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
299 Pages«<6768697071>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.