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Mumias Sugar huge demand
Rank: Veteran Joined: 4/23/2014 Posts: 909
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holycow wrote:Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=. If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk. “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: 4/23/2014 Posts: 909
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holycow wrote:Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=. If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk. “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: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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HaMaina wrote:holycow wrote:Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=. If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk. Hope you have a weighing scale at home. Most importantly a distinguished taster.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Cost is what you pay, value is what you get
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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HaMaina wrote:holycow wrote:Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=. If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk. I would avoid this sukari ya 50/kilo. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Comesa period might have expired but the governent is yet to lift the ban on imports. http://www.businessdaily.../-/i5gp7rz/-/index.html
“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: 2/7/2007 Posts: 11,935 Location: Nairobi
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Massive demo against board and top management slated for Thursday. This won't end well.Why can't they resign instead of waiting to be shamed out of office? Nothing great was ever achieved without enthusiasm.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Njung'e wrote:Massive demo against board and top management slated for Thursday. This won't end well.Why can't they resign instead of waiting to be shamed out of office? If it happens then I hope they make a scene to be remembered. “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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These guys are busy eating 45K seating allowances on a daily basis as per Kidero.
Why would you quit such a handsome Job. You wait till last minute and sue if need be.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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I had not seen this video. The Gov has alot of thinking to do. https://www.youtube.com/watch?v=pIwRp3_xDXE“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: Member Joined: 12/3/2008 Posts: 113
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I say open the flood gates.
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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mwanafunzi wrote:I say open the flood gates.
I say come baby come, I remind you that COMESA protectionism is now gone. Time to be a 100-millionaire is here. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Impunity wrote:mwanafunzi wrote:I say open the flood gates.
I say come baby come, I remind you that COMESA protectionism is now gone. Time to be a 100-millionaire is here. There seems to be a sudden sharp drop in price today, I don't know if its legit or just another case of panicky sellers taking the bait. “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: 7/21/2010 Posts: 6,182 Location: nairobi
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mwanafunzi wrote:I say open the flood gates.
there is a long journey of speculation before death or resurrection "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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We are all scared flood gate are open..why not do what those coutries have done and we flood thier countries also
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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HaMaina wrote:Impunity wrote:mwanafunzi wrote:I say open the flood gates.
I say come baby come, I remind you that COMESA protectionism is now gone. Time to be a 100-millionaire is here. There seems to be a sudden sharp drop in price today, I don't know if its legit or just another case of panicky sellers taking the bait. I want to mop up this share at 1 bob a piece an become the next millionaire after the bailout, in a year or so. Most millionaires became so in time of crisis like war-time and disease epidemics. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Impunity wrote:HaMaina wrote:Impunity wrote:mwanafunzi wrote:I say open the flood gates.
I say come baby come, I remind you that COMESA protectionism is now gone. Time to be a 100-millionaire is here. There seems to be a sudden sharp drop in price today, I don't know if its legit or just another case of panicky sellers taking the bait. I want to mop up this share at 1 bob a piece an become the next millionaire after the bailout, in a year or so. Most millionaires became so in time of crisis like war-time and disease epidemics. I think the 1.- period iliisha in dec 2014 unless some other saddening news comes up in the due course of the year. “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: Member Joined: 7/3/2014 Posts: 245
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HaMaina wrote:Impunity wrote:HaMaina wrote:Impunity wrote:mwanafunzi wrote:I say open the flood gates.
I say come baby come, I remind you that COMESA protectionism is now gone. Time to be a 100-millionaire is here. There seems to be a sudden sharp drop in price today, I don't know if its legit or just another case of panicky sellers taking the bait. I want to mop up this share at 1 bob a piece an become the next millionaire after the bailout, in a year or so. Most millionaires became so in time of crisis like war-time and disease epidemics. I think the 1.- period iliisha in dec 2014 unless some other saddening news comes up in the due course of the year. Comesa ban extendedIn the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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TheGeek wrote:HaMaina wrote:Impunity wrote:HaMaina wrote:Impunity wrote:mwanafunzi wrote:I say open the flood gates.
I say come baby come, I remind you that COMESA protectionism is now gone. Time to be a 100-millionaire is here. There seems to be a sudden sharp drop in price today, I don't know if its legit or just another case of panicky sellers taking the bait. I want to mop up this share at 1 bob a piece an become the next millionaire after the bailout, in a year or so. Most millionaires became so in time of crisis like war-time and disease epidemics. I think the 1.- period iliisha in dec 2014 unless some other saddening news comes up in the due course of the year. Comesa ban extended shame on you gvt,why do you want to continue exploiting consumers just because you are inefficient and uncompetitive?? "Don't let the fear of losing be greater than the excitement of winning."
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