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jawgey
#51 Posted : Monday, July 28, 2014 3:35:40 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
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: 931
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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