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Akenyan2014
#41 Posted : Thursday, July 17, 2014 10:46:38 AM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
murchr wrote:
icecube wrote:
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.


WHY? What informs your decision? With headlines like this "Mumias Sugar to retrench 300 in turnaround drive" Its about time you ran away so so fast


True, its time to run away if you cannot wait. Whoever buys your shares has been informed by some research and maybe in for a big kill.
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Impunity
#42 Posted : Thursday, July 17, 2014 12:16:32 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
icecube wrote:

So some people are trapped in this MSC thing? Sad!


I dont know the amount of my shares stuck in there but I usually get dividend cheque worth 50 bob; the last time I got one that is!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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kiash
#43 Posted : Thursday, July 17, 2014 12:22:08 PM
Rank: Veteran


Joined: 4/27/2010
Posts: 951
Location: Nyumbani
icecube wrote:
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.



Me too na bado nitaongeza .
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HaMaina
#44 Posted : Thursday, July 17, 2014 12:27:10 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 911
icecube wrote:
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.


Same Here, and I shall keep buying until either I don't have funds or someone gives me a good reason why its trading lower than eveready..

Shame on you Pray Drool smile Shame on you Pray Drool smile Shame on you 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
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Akenyan2014
#45 Posted : Thursday, July 17, 2014 12:41:08 PM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
HaMaina wrote:
icecube wrote:
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.


Same Here, and I shall keep buying until either I don't have funds or someone gives me a good reason why its trading lower than eveready..

Shame on you Pray Drool smile Shame on you Pray Drool smile Shame on you Pray smile


Swali Moja: Nani anauza?
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urstill1
#46 Posted : Thursday, July 17, 2014 12:50:16 PM
Rank: User


Joined: 9/6/2013
Posts: 1,446
Location: In a house
Akenyan2014 wrote:
HaMaina wrote:
icecube wrote:
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.


Same Here, and I shall keep buying until either I don't have funds or someone gives me a good reason why its trading lower than eveready..

Shame on you Pray Drool smile Shame on you Pray Drool smile Shame on you Pray smile


Swali Moja: Nani anauza?


And who are those who are buying?
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Akenyan2014
#47 Posted : Thursday, July 17, 2014 12:58:46 PM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
urstill1 wrote:
Akenyan2014 wrote:
HaMaina wrote:
icecube wrote:
I am also trapped in it. I bought some at 2.75. I am waiting for it at below 2 then buy more.


Same Here, and I shall keep buying until either I don't have funds or someone gives me a good reason why its trading lower than eveready..

Shame on you Pray Drool smile Shame on you Pray Drool smile Shame on you Pray smile


Swali Moja: Nani anauza?


And who are those who are buying?


Anxious Anxious Anxious Anxious Anxious Anxious Anxious Anxious Anxious
What if it gets suspended like Uchumi last time ?
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icecube
#48 Posted : Thursday, July 17, 2014 1:53:55 PM
Rank: Member


Joined: 1/2/2008
Posts: 268
Location: Nairobi
Impunity wrote:
icecube wrote:

So some people are trapped in this MSC thing? Sad!


I dont know the amount of my shares stuck in there but I usually get dividend cheque worth 50 bob; the last time I got one that is!


How do you cash your 50 bob dividend cheque?
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streetwise
#49 Posted : Thursday, July 17, 2014 4:30:26 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
and when Unchumi came back it went all the way to sh.24.00 can u imagine
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streetwise
#50 Posted : Monday, July 28, 2014 2:43:25 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I see MSC share price up...today ...what is the news..?
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jawgey
#51 Posted : Monday, July 28, 2014 3:35:40 PM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
streetwise wrote:
I see MSC share price up...today ...what is the news..?


No news just the law of demand and supply
Seeing is believing
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Akenyan2014
#52 Posted : Monday, July 28, 2014 3:48:58 PM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
jawgey wrote:
streetwise wrote:
I see MSC share price up...today ...what is the news..?


No news just the law of demand and supply


Yes No news,

"The segment which has seriously under performed is what I would characterise as value stocks. Look at Mumias Sugar which now currently has a market capitalisation of $40.217m. Uchumi has a market cap of $34.126m. Both Mumias and Uchumi need to urgently address what have become egregious valuations. The lack of urgency around addressing this issue is mind boggling. Capitalism is at heart Darwinian, winners win losers get culled." - See more at: Undervalued
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icecube
#53 Posted : Sunday, August 03, 2014 12:57:47 PM
Rank: Member


Joined: 1/2/2008
Posts: 268
Location: Nairobi
The often quoted 'be fearful when others are greedy and be greedy when others are fearful' and "buy low sell high" doesn't seem to apply for this Mumias share..here everyone seems to be fearful and very few are buying, or is the price still high?
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Mucene
#54 Posted : Sunday, August 03, 2014 10:14:19 PM
Rank: Member


Joined: 8/4/2012
Posts: 155
Location: Kenya
icecube wrote:
The often quoted 'be fearful when others are greedy and be greedy when others are fearful' and "buy low sell high" doesn't seem to apply for this Mumias share..here everyone seems to be fearful and very few are buying, or is the price still high?


The fear is too great for most such that it has overcome their greed
If you don't want to go to plan B have a good plan A.
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murchr
#55 Posted : Monday, August 04, 2014 5:11:02 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
"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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Akenyan2014
#56 Posted : Monday, August 04, 2014 11:16:06 AM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Mucene wrote:
icecube wrote:
The often quoted 'be fearful when others are greedy and be greedy when others are fearful' and "buy low sell high" doesn't seem to apply for this Mumias share..here everyone seems to be fearful and very few are buying, or is the price still high?


The fear is too great for most such that it has overcome their greed


Acting CEO: Mumias is not insolvent and has the ability to pay the bank if the forensic auditors confirm that the lender’s claim is valid.
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georgegop
#57 Posted : Monday, August 04, 2014 12:41:08 PM
Rank: Member


Joined: 8/30/2010
Posts: 183
Location: Migingo
Just wondering, what is the worst that can happen to this counter?
Don't Work for Money, Let Money Work for You..
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wannaberich
#58 Posted : Monday, August 04, 2014 3:52:53 PM
Rank: Member


Joined: 4/24/2014
Posts: 159
Location: Nairobi
georgegop wrote:
Just wondering, what is the worst that can happen to this counter?



Wondering the same
Money comes and goes. When you have it enjoy it.
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sheri
#59 Posted : Tuesday, August 05, 2014 11:06:20 AM
Rank: Member


Joined: 4/11/2007
Posts: 694
wannaberich wrote:
georgegop wrote:
Just wondering, what is the worst that can happen to this counter?



Wondering the same

Same here
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HaMaina
#60 Posted : Tuesday, August 05, 2014 11:10:07 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 911
sheri wrote:
wannaberich wrote:
georgegop wrote:
Just wondering, what is the worst that can happen to this counter?



Wondering the same

Same here


Lets keep our cool, end of this month or beginning of Sept we'll know for sure.
“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
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