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Mumias Sugar huge demand
Mainat
#691 Posted : Wednesday, July 23, 2014 9:21:32 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
HaMaina wrote:
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

I meant as a question for investors and shareholders to ask themselves. If you are waiting for Mumias to tell you this, you'll surely lose your money
Sehemu ndio nyumba
Njung'e
#692 Posted : Wednesday, July 23, 2014 10:50:21 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
kp cuts off power indefinitely....plant shut......prayers to those who own this one
Nothing great was ever achieved without enthusiasm.
murchr
#693 Posted : Wednesday, July 23, 2014 10:51:15 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Njung'e wrote:
kp cuts off power indefinitely....plant shut......prayers to those who own this one


The sugar guru is back Pray
"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
.
Sufficiently Philanga....thropic
#694 Posted : Wednesday, July 23, 2014 10:56:58 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
murchr wrote:
Njung'e wrote:
kp cuts off power indefinitely....plant shut......prayers to those who own this one


The sugar guru is back Pray

Meanwhile,at the market,supply runs out. Classic case of pump and dump.@HaMaina and other johnny come latelys,caution here!
@SufficientlyP
h2s
#695 Posted : Wednesday, July 23, 2014 11:00:33 AM
Rank: Member

Joined: 7/20/2012
Posts: 141
Sufficiently Philanga....thropic wrote:
murchr wrote:
Njung'e wrote:
kp cuts off power indefinitely....plant shut......prayers to those who own this one


The sugar guru is back Pray

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

I concur, it seems someone was really feeding bad news concerning Mumias to the media. Like they wanted to buy it at a song. Now very soon we are going to hear some promising news to repeat the cycle.
Akenyan2014
#696 Posted : Wednesday, July 23, 2014 11:16:15 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
h2s wrote:
Sufficiently Philanga....thropic wrote:
murchr wrote:
Njung'e wrote:
kp cuts off power indefinitely....plant shut......prayers to those who own this one


The sugar guru is back Pray

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

I concur, it seems someone was really feeding bad news concerning Mumias to the media. Like they wanted to buy it at a song. Now very soon we are going to hear some promising news to repeat the cycle.


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.
mwekez@ji
#697 Posted : Wednesday, July 23, 2014 1:21:03 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Njung'e wrote:
kp cuts off power indefinitely....plant shut......prayers to those who own this one

Kwanini? Wameshindwa kulipa?
dunkang
#698 Posted : Wednesday, July 23, 2014 2:41:02 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
mwekez@ji wrote:
Njung'e wrote:
kp cuts off power indefinitely....plant shut......prayers to those who own this one

Kwanini? Wameshindwa kulipa?

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

Kwani kunaenda aje?
Receive with simplicity everything that happens to you.” ― Rashi

omega
#699 Posted : Wednesday, July 23, 2014 3:26:28 PM
Rank: Member

Joined: 6/9/2009
Posts: 85
dunkang wrote:
mwekez@ji wrote:
Njung'e wrote:
kp cuts off power indefinitely....plant shut......prayers to those who own this one

Kwanini? Wameshindwa kulipa?

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

Kwani kunaenda aje?


My thoughts exactly. What happened to co-generation? Isn't Mumias sugar supposed to be a net supplier of electricity to the grind?
Njung'e
#700 Posted : Wednesday, July 23, 2014 3:39:10 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
penalties as contained in a skewed power purchase agreement. total f*uckup!!!.......bill is about 1b.
Nothing great was ever achieved without enthusiasm.
299 Pages«<6869707172>»
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