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Mumias Sugar HY2013/14
Rank: Member Joined: 12/2/2006 Posts: 42
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Hi guys any news of the AGM..
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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charming soul wrote:Hi guys any news of the AGM.. It doesn't seem like there was anything out of the ordinary, at least going by the silence here. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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You mean there was not even one share holder who is financially savvy who could ask a tough question ?
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Rank: Veteran Joined: 4/23/2014 Posts: 910
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HaMaina 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! Nice prophesy, personally I foresee a price of 50.00 or 60.00 maybe am too optimistic or am right. I'm still waiting for my wonder numbers 50.00 - 60.00 or even more. ps:- I have not started on anything, am quite sober.“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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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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If that number comes those who make the money need to buy a Mbuzi
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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HaMaina wrote:HaMaina 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! Nice prophesy, personally I foresee a price of 50.00 or 60.00 maybe am too optimistic or am right. I'm still waiting for my wonder numbers 50.00 - 60.00 or even more. ps:- I have not started on anything, am quite sober. That number would be too risky for me!!! Hiyo pesa itakuwa mingi sana kwangu na ninaweza kuanza kuropokwa kama watu wengine na kupelekwa hospitali via police station na kupigwa picha na bunduki ovyo ovyo. Nitawesa kweli??? He he he. HaMaina, wewe unataka hiyo pesa yote tupeleke wapi??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: New-farer Joined: 8/26/2014 Posts: 63
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@MaichBlack Hio ni ukweli. LOL For some of us it is only the failure to strike it big in stocks that prevents us from certain disaster.
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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obiero wrote:yosie14 wrote:obiero wrote:its2013 wrote: I hope they get them all. It is confirmed. This company shall go into receivership Obiero wacha rumours @jerry @yosie do you believe there is any other alternative?? You had to wait two months to realise that aa prophet never has useless dreams.. Government to the rescue of Mumias. Read more here
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/23/2014 Posts: 910
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MaichBlack wrote:HaMaina wrote:HaMaina 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! Nice prophesy, personally I foresee a price of 50.00 or 60.00 maybe am too optimistic or am right. I'm still waiting for my wonder numbers 50.00 - 60.00 or even more. ps:- I have not started on anything, am quite sober. That number would be too risky for me!!! Hiyo pesa itakuwa mingi sana kwangu na ninaweza kuanza kuropokwa kama watu wengine na kupelekwa hospitali via police station na kupigwa picha na bunduki ovyo ovyo. Nitawesa kweli??? He he he. HaMaina, wewe unataka hiyo pesa yote tupeleke wapi??? Hapo ndio tutajua watu wa: http://www.wazua.co.ke/f...29&f=1&q=629170
“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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Rank: User Joined: 9/6/2013 Posts: 1,446 Location: In a house
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urstill1 wrote:Njung'e wrote:urstill1 wrote:jerry wrote:urstill1 wrote:mlennyma wrote:The darkest moment presents the greatest opportunity if you have the courage. I want to sink a huge sum into this. I've already convinced myself that I'm ready to loose that amount. I was meant to buy a motor car with it. lose. It's worth taking a risk. If you lose the money you will gain the experience or learn a lesson. My biggest question is; Is there cane to be processed after the "45 days normal closure"? Thanks. The cane issue will be sorted out. The problem has been identified. I believe the management is in the stage of finding solutions. Thereafter, implementation and most probably results will follow. # Who doesn't use sugar? Demand will always increase. Who found the problem?...eerrr...What was the problem if i may??. Don't answer this two questions but you can attempt the next one.What are you smoking over there?  Whatever I'm smoking will make me be a case study in the next few years. If I lose, so be it.  quot; quot; quot; Niko karibu kushiba.
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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poleni wana Mumias, Home Afrika..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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obiero wrote:poleni wana Mumias, Home Afrika.. don't say sorry,hiki kinyani hakijakufa kitaruka tena "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 5/21/2014 Posts: 184
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mlennyma wrote:obiero wrote:poleni wana Mumias, Home Afrika.. don't say sorry,hiki kinyani hakijakufa kitaruka tena  wolololo!!!! Hiki kinyani kina-dive like a missile pointed to the earth. Poleni waliokwama. On a sober note though, this is only a paper loss. It's not where you start but where you finish. Maybe wait for it to do the dead-cat-bounce and then exit or book your losses and shift to another counter. Dangers of sinking funds into a company that one would not comfortably hold privately if the market closed today. This company is surely Russian Roulette. It's battling a harsh macro-economic climate. If it was just internal things, maybe. Plus government has a significant stake. before a decision is reached to change strategy, have a century. I actually have more hope in PAKA. There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The first step towards a stable mumias is gvt to sell all its stake,those who will keep running it down in future will dine with gvt and laugh in nairobi, none will ever be convicted to refund stolen wealth from the company. even those who were re packaging imported sugar gvt officers knew and may be ate with them "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
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obiero wrote:yosie14 wrote:obiero wrote:its2013 wrote: I hope they get them all. It is confirmed. This company shall go into receivership Obiero wacha rumours @jerry @yosie do you believe there is any other alternative?? Post number 204
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: New-farer Joined: 9/12/2014 Posts: 22 Location: Nairobi
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comesa safeguard extended to Feb 2017, what next?
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Rank: Member Joined: 3/20/2008 Posts: 8
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koxwex wrote:comesa safeguard extended to Feb 2017, what next? Link?
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Rank: New-farer Joined: 9/12/2014 Posts: 22 Location: Nairobi
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$moothie! wrote:koxwex wrote:comesa safeguard extended to Feb 2017, what next? Link? http://www.standardmedia...ort-safeguards-for-kenya
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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KTN's Yvonne Okwara Exclusive with Kidero Quote:
Kidero says:
First read the report
Read the disclaimer on the report
This is a draft report
We made cumulative profits of Ksh. 15Bn
I grew sales from Ksh. 6Bn to 15b
We diversified......
Increasing the cane crushing capacity from 310T to 340T
construction bagasse gas fired furnace
Constructed Ethanol plant producing 35,000,000 litres of Ethanol
Made profits every year
paid farmers all years....infact Mumias was the only sugar company not taking money from KSB
Stay tuned Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Lets do it the other way, what is the the source of his wealth.
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