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Mumias Sugar huge demand
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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streetwise wrote:At 1.00 I will re-enter a soft way to say you will never own mumias "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 1/10/2015 Posts: 411
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streetwise wrote:At 1.00 I will re-enter Me too.any price below 2 bob is a buy. Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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I honestly don't know why Kenya produces sugar. Can't see any comparative advantage. Shouldn't we just import from Uganda,Sudan and Malawi ? The land can be use to grow our stable food thus enhance food security. Having said that I will not buy this monkey at any price. Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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Rank: Veteran Joined: 12/4/2009 Posts: 1,982 Location: matano manne
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kaka2za wrote:I honestly don't know why Kenya produces sugar. Can't see any comparative advantage. Shouldn't we just import from Uganda,Sudan and Malawi ?
The land can be use to grow our stable food thus enhance food security.
Having said that I will not buy this monkey at any price. Ug imports and re exports to Ke. Only Egypt and Sudan have the huge capacity to supply Ke demand.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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As for me i don’t understand why people are worried about that our sugar is expensive. Most likely even our water is expensive and we have not decided to import.
The point is let’s find value in our sugar that will make others want it, whether price, brand, content etc.
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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streetwise wrote:At 1.00 I will re-enter All the best in your wait
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Rank: Member Joined: 1/10/2015 Posts: 411
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streetwise wrote:As for me i don’t understand why people are worried about that our sugar is expensive. Most likely even our water is expensive and we have not decided to import.
The point is let’s find value in our sugar that will make others want it, whether price, brand, content etc.
Well said Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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derick wrote:streetwise wrote:As for me i don’t understand why people are worried about that our sugar is expensive. Most likely even our water is expensive and we have not decided to import.
The point is let’s find value in our sugar that will make others want it, whether price, brand, content etc.
Well said Right now ,the value is not there. High production cost, low sucrose content and high price. Who wants poor product at high price? Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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Rank: New-farer Joined: 9/25/2012 Posts: 58 Location: kenia
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When is last time you saw anything Made in America. The cost of production in America companies was more than double comparing to products made in China, Mexico. Thailand, malaysia...plus other developing countries. Mumias Sugar company to me is dead cow, what we need is to skin this monster and save the skin if it cannot compete with other regional companies. Kenyan needs cheap sugar and Uganda is ready to supply.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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young farmer wrote:When is last time you saw anything Made in America. The cost of prodution in America companies was more than double comparing to products made in China, Mexico. Thailand, malaysia...plus other developing countries. Mumias Sugar company to me is dead cow, what we need is to skin this monster and save the skin if it cannot compete with other regional companies. Kenyan needs cheap sugar and Uganda is ready to supply. Well i'm with this dead cow till the end. Hopefully they shall skin it and give me the hide to place on my table as I have a cold one and think of my next line of action. “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: Elder Joined: 7/11/2010 Posts: 5,040
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for a guaranteed exit supply any demand you see. if you don't see any demand quote 10% limit downwards. how to ride volatility 101. @maichblack. ur ppl need u. or ur too busy exiting to post- understandable. I have a principle never to join rallies late. you see Mr maich can sell comfortably even on another 10% down coz he started from bottom. for unsuspecting speculators this is when T+3 definition comes to life The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 9/12/2014 Posts: 120 Location: Nyali
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Aguytrying wrote:for a guaranteed exit supply any demand you see. if you don't see any demand quote 10% limit downwards. how to ride volatility 101.
@maichblack. ur ppl need u. or ur too busy exiting to post- understandable.
I have a principle never to join rallies late. you see Mr maich can sell comfortably even on another 10% down coz he started from bottom.
for unsuspecting speculators this is when T+3 definition comes to life I do not want to be caught in such a situation.The riders of this bus refused to sell to us;i think iots the high time they understood the power of buyers. o demand 8,273,500 as at 10:18 Kenyan time!
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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Aguytrying wrote:for a guaranteed exit supply any demand you see. if you don't see any demand quote 10% limit downwards. how to ride volatility 101.
@maichblack. ur ppl need u. or ur too busy exiting to post- understandable.
I have a principle never to join rallies late. you see Mr maich can sell comfortably even on another 10% down coz he started from bottom.
for unsuspecting speculators this is when T+3 definition comes to life i agree with u if the mbus has left it has left
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Rank: Member Joined: 5/21/2014 Posts: 184
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HaMaina wrote:young farmer wrote:When is last time you saw anything Made in America. The cost of prodution in America companies was more than double comparing to products made in China, Mexico. Thailand, malaysia...plus other developing countries. Mumias Sugar company to me is dead cow, what we need is to skin this monster and save the skin if it cannot compete with other regional companies. Kenyan needs cheap sugar and Uganda is ready to supply. Well i'm with this dead cow till the end. Hopefully they shall skin it and give me the hide to place on my table as I have a cold one and think of my next line of action. Why are we talking like this price fall has anything to do with fundamentals? This is a speculators counter. Next when it decides to rally we'll get someone who comes and gives us a list of potential 'deals' that are behind this company's rally. This fall has got nothing to do with cheap or expensive sugar. Someone took a position, pumped the cat and now has made enough chumz to walk to RMA Motors and get themselves a shinny one!!  There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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people exiting this bus like rats whose hideout has been lobbed with tear gas by cops from Lang'ata police post....let the pigs get slaughtered Dumb money becomes dumb only when it listens to smart money
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Rank: Member Joined: 5/21/2014 Posts: 184
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Fyatu wrote:people exiting this bus like rats whose hideout has been lobbed with tear gas by cops from Lang'ata police post....let the pigs get slaughtered hahaha kuwa mpole. It's only money. Important yes but people are even more important. 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: 6,182 Location: nairobi
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actuarywahisa wrote:Fyatu wrote:people exiting this bus like rats whose hideout has been lobbed with tear gas by cops from Lang'ata police post....let the pigs get slaughtered hahaha kuwa mpole. It's only money. Important yes but people are even more important. mumias sugar low demand, change topic? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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unconfirmed reports there are talks going on by the government and an investor about offloading govt held shares to the investor
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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FUNKY wrote:unconfirmed reports there are talks going on by the government and an investor about offloading govt held shares to the investor sell the romour,its a sweet one "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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Fyatu wrote:people exiting this bus like rats whose hideout has been lobbed with tear gas by cops from Lang'ata police post....let the pigs get slaughtered Were all those people waiting for the demand and supply to balance out before thinking of exiting? Then those cops must have surely and truly spoilt the party with that teargas. People need to know that teargas ikitoka store huwa hairudi! Could MB be the Private Developer in this case? IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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