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mumias sugar results-560% growth half year-unaudited
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VituVingiSana
#31 Posted : Monday, February 01, 2010 9:18:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ati... 26/-... not any time soon!!!

BUT please keep the faith...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the sage
#32 Posted : Monday, February 01, 2010 12:09:42 PM
Rank: Member

Joined: 11/20/2008
Posts: 367
@Pretty, the advice has been heeded. Cheers.
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kishindo
#33 Posted : Monday, February 01, 2010 12:58:11 PM
Rank: Member

Joined: 1/11/2008
Posts: 121
20 bob haiwesmek....
Less is more....for Architects only!!
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cnn
#34 Posted : Monday, February 01, 2010 1:27:35 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Just got the cdsc message,half of my holding sold @11.50.Will keep the other half as i watch where the price settles.
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Wendz
#35 Posted : Monday, February 01, 2010 2:28:59 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
What goes up comes down, eventually.... the good thing with this share is that it is not touching 7 any time soon.... my guess is that it may stablise at 8-9bob after the emotions have cooled off but it will be a darling for many longterm investors... if you are a day trader, probably for now, the ship has left the dock.
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muganda
#36 Posted : Monday, February 01, 2010 2:58:43 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Late to the party today.

@Pretty, think I may be the one eating my words - I must admit 560% is pretty...

Not sure where it will be in June but if @stock.enigma is right, we all need more sugar in our lives. Good play @cnn - did you make like 70% return in a month?

But I must say the market is never straightforward. Maybe the gain was already factored in but I was expecting a greater gain than 20%.
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ecstacy
#37 Posted : Monday, February 01, 2010 4:37:17 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
I see a Ksh. 14-15/= stable price after the volatility.
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chaliwong
#38 Posted : Monday, February 01, 2010 7:08:10 PM
Rank: New-farer

Joined: 1/10/2010
Posts: 73
Location: kenya
@Njunge - Do you remember at one time you told me Mumias sugar didnt have enough cane????
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Cicero
#39 Posted : Monday, February 01, 2010 11:07:31 PM
Rank: Member

Joined: 7/7/2009
Posts: 111
I think they suddenly got some cane from somewhere, wont you say?

Probably discovered a few farmers they were missing hidden in the tall cane ...

All in all "better never than late" i say ... Drool

I can taste the sugar ... and it's sweet, my broda!
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it...
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VituVingiSana
#40 Posted : Tuesday, February 02, 2010 6:12:40 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Well... the better weather (in that part of the world) may have helped with higher cane production...

Last year cane cutters went on strike...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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