wazua Sun, Jan 12, 2025
Welcome Guest Search | Active Topics | Log In | Register

12 Pages«<678910>»
Mumias Sugar HY2013/14
Options
Previous Topic · Next Topic
Boris Boyka
#141 Posted : Friday, November 14, 2014 1:51:38 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Akenyan2014 wrote:
Do you mean negativity has suddenly come to a halt?

Mifugo could be inaoshswa na kulishwa vizuri before being slaughtered. Anything is possible.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top
 Report Abusive | Report SPAM
MaichBlack
#142 Posted : Friday, November 14, 2014 1:54:12 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
Akenyan2014 wrote:
Do you mean negativity has suddenly come to a halt?

That would be unfortunate coz I just started buying. The more the blood, the cheaper for me!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
mlennyma
#143 Posted : Friday, November 14, 2014 2:13:39 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
All bad news has been factored,beyond this only a receiver can scare everybody
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
S.Mutaga III
#144 Posted : Friday, November 14, 2014 3:45:43 PM
Rank: Member


Joined: 3/26/2012
Posts: 830
Mumias woes...shortage of cane supply...mismanagement which wont improve any time soon due to the large government shareholding,..insignificant diversification etc...unless the company is sold to a private investor by GoK (which cant happen), I will never touch this one in the medium term
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Back to top
 Report Abusive | Report SPAM
innovator
#145 Posted : Friday, November 14, 2014 4:41:22 PM
Rank: Member


Joined: 7/24/2010
Posts: 236
Location: nairobi
Somebody tell me how a company and more so in manufacturing can survive with no law materials.
Back to top
WWW
 Report Abusive | Report SPAM
Gadaffi
#146 Posted : Friday, November 14, 2014 4:45:13 PM
Rank: Member


Joined: 2/13/2011
Posts: 284
Location: Nairobi
mlennyma wrote:
All bad news has been factored,beyond this only a receiver can scare everybody

Have u factored in the end of COMESA concession sometimes in April nx year...caution my brother, caution
Back to top
 Report Abusive | Report SPAM
MaichBlack
#147 Posted : Friday, November 14, 2014 4:50:23 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
innovator wrote:
Somebody tell me how a company and more so in manufacturing can survive with no law materials.

Most companies actually don't need law materials!!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
Mangs
#148 Posted : Friday, November 14, 2014 5:43:49 PM
Rank: New-farer


Joined: 9/12/2014
Posts: 31
MaichBlack wrote:
innovator wrote:
Somebody tell me how a company and more so in manufacturing can survive with no law materials.

Most companies actually don't need law materials!!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly



Law materials? Laughing out loudly Laughing out loudly Laughing out loudly
Back to top
 Report Abusive | Report SPAM
mlennyma
#149 Posted : Friday, November 14, 2014 5:44:27 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
This company must copy eveready buy sugar and repackage it since sugar from as far as brazil reaches here cheaper than theirs.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
jawgey
#150 Posted : Friday, November 14, 2014 7:59:02 PM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
mlennyma wrote:
This company must copy eveready buy sugar and repackage it since sugar from as far as brazil reaches here cheaper than theirs.


That cannot happen. gava will need to protect cane farmers in the region. Remember that region has quite a number of votes I don't see UK just letting them fly away, and believe me this mumias issue is very political
Seeing is believing
Back to top
 Report Abusive | Report SPAM
Boris Boyka
#151 Posted : Friday, November 14, 2014 10:46:49 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
jawgey wrote:
mlennyma wrote:
This company must copy eveready buy sugar and repackage it since sugar from as far as brazil reaches here cheaper than theirs.


That cannot happen. gava will need to protect cane farmers in the region. Remember that region has quite a number of votes I don't see UK just letting them fly away, and believe me this mumias issue is very political

IMHO. MSC could easily fall with no big impact. MSC is in western. Most of the collapsing factories are in western & Nyanza. Western leaders are NEVER united thus can't martial a collective bargaining power. Nyanza ppl always in opposition and don't address actual issues. A sitting president knows there's no guarantee of majority votes. Votes from here are negligible. Very few or no factories have collapsed in central,North Rift & other regions. In other regions leaders are united when it comes to defending their economic backbones e.g miraa,coffee. Given panpaper,miwani,chemilil,muhoroni,many coffee factories e.t.c from western &Nyanza and no significant impact was seen,any other like MSC can. People from here don't care to collective bargaining power & economy but individual selfishness.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top
 Report Abusive | Report SPAM
MaichBlack
#152 Posted : Monday, November 17, 2014 1:33:50 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
MaichBlack wrote:
MaichBlack wrote:
jerry wrote:
mv_ufanisi wrote:
Metasploit wrote:
RSI at less than 10!!!!!!!!!!!!!!!!!!!!!!

Lowest ever in 3 years or more

Volume spike yesterday..Arent the sellers getting exhausted ???????????????????

When it floors,the swings will be a good traders plays..For now am just wondering why there is no rebound

A reverse replica of KORCH ? Disobeying TAs ?????


Fundamentally, a stock is not a random oscillating unit with endless ups and downs. It's a tiny unit of a business, if the business goes bankrupt the stock will go to zero. Mumias Sugar Company might declare bankruptcy and shut down at which point the stock holders will be left holding worthless stock.

Scaring but it doesn't stop optimists from buying at 1/= per share by Thursday!

I'll be buying!!! Why??? Coz I can. I'll throw in some money I'm totally willing to lose. Waiting for the bottom (Or what I will decide is the bottom).

Not encouraging anyone to do the same! There are more logical shares to buy there. On this one I'm not doing logical!!!

HaMaina wrote:
target1360 wrote:
i have speculatively sank a few thousands into this thing and debited the same from my alcohol and related expenses account.

i f this thing makes a mistake of rebounding to sh 2 then i make a 30% return,just like that.if it goes to sh 0 then too bad.


I'm with you on this one. Live happy or at least die with a smile on my face.

I have started buying!

I made a buy order at 1.40/= and it was fulfilled even before I logged off!!!

Now I wait... Next order in a few days...

I'm up 21.4% (gross) in a week and I'm not smiling!!! Why? I have/had not finished buying!!! Hii staggered buying saa ingine haisaidii!!!

Today and tomorrow I relax. See what happens. It might go higher or back down. But there is absolutely no supply. Sellers ni kama wameisha!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
MaichBlack
#153 Posted : Monday, November 17, 2014 1:40:24 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
A demand of 5 million shares at 1:70/= (the highest possible price for the day (1.55 * 1.1) and ZERO supply. We can safely bet today it closes at 1.7/=.

Tomorrow 1.88/= Wednesday 2/=.... Friday 2.50/=???

Let's wait and see!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
Kihara joni
#154 Posted : Monday, November 17, 2014 2:16:38 PM
Rank: Member


Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
I am sure someone will start selling at 2/-,ama pia sellers have closed for annual maintenance?
Back to top
 Report Abusive | Report SPAM
streetwise
#155 Posted : Monday, November 17, 2014 2:21:30 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
This way some guys will become richser faster than planned ..or was it
Back to top
 Report Abusive | Report SPAM
jerry
#156 Posted : Monday, November 17, 2014 10:06:17 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
MaichBlack wrote:
A demand of 5 million shares at 1:70/= (the highest possible price for the day (1.55 * 1.1) and ZERO supply. We can safely bet today it closes at 1.7/=.

Tomorrow 1.88/= Wednesday 2/=.... Friday 2.50/=???

Let's wait and see!

That's too optimistic!
The opposite of courage is not cowardice, it's conformity.
Back to top
 Report Abusive | Report SPAM
MaichBlack
#157 Posted : Monday, November 17, 2014 10:59:48 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
jerry wrote:
MaichBlack wrote:
A demand of 5 million shares at 1:70/= (the highest possible price for the day (1.55 * 1.1) and ZERO supply. We can safely bet today it closes at 1.7/=.

Tomorrow 1.88/= Wednesday 2/=.... Friday 2.50/=???

Let's wait and see!

That's too optimistic!

1) It was a question.

2) I was still buying so higher prices don't work to my favour. See previous posts. I was still in the process of staging a 'friendly take over'. Laughing out loudly
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
mlennyma
#158 Posted : Tuesday, November 18, 2014 9:30:31 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
The big question should not be whether sellers are finished but has mumias stock changed fundamentally?...maybe some news of hope leaked or normal stock market guess work but demand still strong to push it past 2bob
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Tuesday, November 18, 2014 9:56 AM | Reason: Not specified
Metasploit
#159 Posted : Tuesday, November 18, 2014 9:55:29 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
mlennyma wrote:
The big question should not be whether sellers are finished but has mumias stock changed fundamentally?


Movement of a stock is always determined by supply vs demand.

When the holders of a stock are strong,no matter the fundamentals,the stock will always advance high.

Weaklings have to be shaken out.Mumias has been trading on a RSI of less than 10 for a very long time.

Most of sellers have been shaken (Evidenced by decreased traded volumes at 1.40-1.45)

Now how high the stock moves depends on new owners who got in at 1.40-1.55 (I got in at 1.55 and 2.25)will behave and how the demand will be relative to the supply.

The shakeout,when the price broke below 2.00 means only the super strong could survive

I sold 70% of my holdings bought at 2.25 for 2.2 and 2.0

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
 Report Abusive | Report SPAM
Akenyan2014
#160 Posted : Tuesday, November 18, 2014 10:02:01 AM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
2.2 in sight
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (20)
12 Pages«<678910>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.