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...

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

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 .

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?

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.

kp cuts off power indefinitely....plant shut......prayers to those who own this one

Meanwhile,at the market,supply runs out. Classic case of pump and dump.@HaMaina and other johnny come latelys,caution here!

Well said. I thought I was the only one who believed it is not the right time to let go MSC. I think some mistakes are being corrected noting the recent actions, though I wish the started by restructuring the Board then downwards. I find it uncomfortable to price MSC below 4 Bob.

From this blog, I see wishes in the format:
Many prayers to have this company shut.
Many prayers to get buyers burnt.(Or pigs slaughtered?)
Many prayers to have extension retired.

With the emotional and moody nature of NSE it can be scary and anything goes.

I thought Mumias Sugar Company produces electricity and even sells to KENGEN through the co-generation whatever?

Kwani kunaenda aje?

penalties as contained in a skewed power purchase agreement. total f*uckup!!!.......bill is about 1b.