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Mumias Bitters FY 2014 loss of 2.7bn
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Pesa Nane
#11 Posted : Thursday, September 11, 2014 10:34:25 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
I long for the day that thieving saboteurs will be headed to jail. Never to come out. Sad
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#12 Posted : Thursday, September 11, 2014 11:21:06 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c

wololo! Sad
Pesa Nane plans to be shilingi when he grows up.
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VituVingiSana
#13 Posted : Friday, September 12, 2014 12:13:55 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Pesa Nane wrote:

wololo! Sad

The street awaits for @streetwise
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Aguytrying
#14 Posted : Friday, September 12, 2014 3:20:23 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
VituVingiSana wrote:
Pesa Nane wrote:

wololo! Sad

The street awaits for @streetwise


Laughing out loudly Laughing out loudly pun intended
The investor's chief problem - and even his worst enemy - is likely to be himself
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murchr
#15 Posted : Friday, September 12, 2014 4:30:56 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
jerry wrote:
murchr wrote:
hisah wrote:
jerry wrote:
littledove wrote:
reports a full year loss of 2.7 billion

Rink?

PBT at -3.4B from -2.2B. 50% plus negative acceleration.

http://af.reuters.com/ar...s/idAFL5N0RC41I20140911

Today it tested sub 2/- to print a new all time low at 1.95.

Lets see if mumias can beat paka's 1.45 low.

Awful price shredding this...



Less than a yr ago people thot this was impossible, infact many were buying at 5.xy

The year break by comesa is almost coming to a close.


UK pleaded for extension, which he got, of COMESA "safe-guards". What danger now that it's trading below par or 2 bob?


That was FEB 2014 a one year extension. Is there any other? As discussed in Wazua
Mumias Sugar huge demand on #493 Posted : Thursday, February 27, 2014 8:55:42 AM wrote:

hisah wrote:
Aguytrying wrote:
brizzy wrote:
http://www.businessdailyafrica.com/Kenya-gets-another-year-for-sugar-reforms/-/539546/2223376/-/15726iw/-/index.html
I hope it works out


safeguards extended by one year!

we saw this coming. but the game changer has been and will be Tarda. mumias should get their act together in the 12 months.

Disappointed by that 1yr extension. The recovery rally needs solid legs than that measly extension.

Resistance levels on the recovery are 3.80 - 4.00 then 4.50 - 4.75 then the solid barrier at 6 - 6.50 level.

Quite a long road to recovery if you target the NAV.



"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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h2s
#16 Posted : Friday, September 12, 2014 6:30:04 AM
Rank: Member

Joined: 7/20/2012
Posts: 141
jerry wrote:
murchr wrote:
hisah wrote:
jerry wrote:
littledove wrote:
reports a full year loss of 2.7 billion

Rink?

PBT at -3.4B from -2.2B. 50% plus negative acceleration.

http://af.reuters.com/ar...s/idAFL5N0RC41I20140911

Today it tested sub 2/- to print a new all time low at 1.95.

Lets see if mumias can beat paka's 1.45 low.

Awful price shredding this...



Less than a yr ago people thot this was impossible, infact many were buying at 5.xy

The year break by comesa is almost coming to a close.

UK pleaded for extension, which he got, of COMESA "safe-guards". What danger now that it's trading below par or 2 bob?

The danger is that it is a great challenge when there is a culture of stealing and corruption in the organization and on top of it the competition from cheap sugar. By the way why is it that the fully private sugar companies don't suffer like the public ones? The answer is clear to those who have eyes.
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  | | Edit by user: Friday, September 12, 2014 6:31 AM | Reason: Typo
Angelica _ann
#17 Posted : Friday, September 12, 2014 8:23:11 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Aguytrying wrote:
VituVingiSana wrote:
Pesa Nane wrote:

wololo! Sad

The street awaits for @streetwise


Laughing out loudly Laughing out loudly pun intended

Kusema now we await kutenda!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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streetwise
#18 Posted : Friday, September 12, 2014 9:33:47 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Done. For 1.00 Bob strategy is to seat on the board
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dunkang
#19 Posted : Friday, September 12, 2014 9:40:29 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Hii ndio inaitwa kuchomeka. Wee mungu tusaidie.
Receive with simplicity everything that happens to you.” ― Rashi

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mawinder
#20 Posted : Friday, September 12, 2014 9:41:36 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
streetwise wrote:
Done. For 1.00 Bob strategy is to seat on the board

That is now a possibility as Mumias has 1.53b shares only!!!!!!!!!
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