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Mumias Sugar huge demand
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Gatheuzi
#1301 Posted : Thursday, March 05, 2015 6:55:15 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
This was expected. Extensions may extend into 2030 at this rate because by Feb next year absolutely nothing fundamental will have changed to lower our production costs by more than half.
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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FUNKY
#1302 Posted : Thursday, March 05, 2015 10:09:29 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
No supply today :)
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HaMaina
#1303 Posted : Thursday, March 05, 2015 10:38:31 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
More hot air from our mp's, I hope it shall bear some fruit.

MP allowed to hold Mumias demo
http://www.nation.co.ke/...4/-/ahhfdxz/-/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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streetwise
#1304 Posted : Thursday, March 05, 2015 10:46:33 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Mala excess supply Mala no supply. I need to consult Dr. NJENGA to tell me about the psychology of the traders at NSE.

Once I know this I promise I will be on my way to become a millionaire and it won’t take long
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mawinder
#1305 Posted : Thursday, March 05, 2015 4:01:00 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
mawinder wrote:
I hear there is a case against a city governor in relation to Mumias and his senator may be mobilizing demonstrators!!!!!!!!!!!!!!!

Massive demondtrations, Washiali's hand bitten.Oduori and Rashid in custody!!!!!!!!!!!!!!!!
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HaMaina
#1306 Posted : Thursday, March 05, 2015 4:19:24 PM
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Joined: 4/23/2014
Posts: 909
mawinder wrote:
mawinder wrote:
I hear there is a case against a city governor in relation to Mumias and his senator may be mobilizing demonstrators!!!!!!!!!!!!!!!

Massive demondtrations, Washiali's hand bitten.Oduori and Rashid in custody!!!!!!!!!!!!!!!!


That's some good news, I hope they keep it up tomorrow and over the weekend. In this country, this is the only language that's listened to.
“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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streetwise
#1307 Posted : Thursday, March 05, 2015 4:44:09 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Nani hawa Oduori and Rashid
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mawinder
#1308 Posted : Thursday, March 05, 2015 5:19:16 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
streetwise wrote:
Nani hawa Oduori and Rashid

Oduori is a thief and former Kidero's thug turned county rep and Rashid is a washwash boy.Guka may explain to you further!!!!!!!!!!!!!!!!!!!
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streetwise
#1309 Posted : Thursday, March 05, 2015 5:34:24 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Oooooh. Hope they were not send to bite Washiali's hand otherwise this can turn out very badly considering the Gov looks hell bent to work on thiefs, see elsewhere PAC suspended.
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edwinmukiri
#1310 Posted : Thursday, March 05, 2015 5:49:25 PM
Rank: New-farer


Joined: 8/11/2014
Posts: 72
Location: Nairobi
I hope something good will come out of this. The company needs to become profitable again which will be a good thing to us investors and the country at large...
Bulls make money,bears make money and pigs get slaughtered.
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HaMaina
#1311 Posted : Friday, March 06, 2015 9:48:36 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Some Ugandan news update.

Kenya has banned all sugar imports coming from neighbouring countries.

http://www.monitor.co.ug...22/-/4vtpde/-/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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HaMaina
#1312 Posted : Friday, March 06, 2015 10:07:17 AM
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Joined: 4/23/2014
Posts: 909
I've noticed the free fall today, I was just wondering, what did people expect? Some interim dividend maybe?????
“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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The254Consultant
#1313 Posted : Friday, March 06, 2015 12:01:18 PM
Rank: Hello


Joined: 1/30/2015
Posts: 5
Location: Kenya
@HaMaina...Wondering the same. Kwani people din't know it was closed last year for 2.5 months!!! The psychology of speculators at work.Anyway this might present the much wanted position for a buy at 1 bob!!
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streetwise
#1314 Posted : Friday, March 06, 2015 12:07:07 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Don't tempt me
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ecstacy
#1315 Posted : Friday, March 06, 2015 12:09:53 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Given the swings with the Mumias share price, this thread should be altered to "Mumias Sugar huge demand/SUPPLY" lol
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Pesa Nane
#1316 Posted : Friday, March 06, 2015 2:19:34 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
As Mumias trades 12 Million shares today......

Pesa Nane plans to be shilingi when he grows up.
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streetwise
#1317 Posted : Friday, March 06, 2015 2:38:03 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
The share was crashing in the morning and now 7% up.

When did the news come in and how quick wa the reaction ? This is like NSE is true online ????

The guy who sold in the morning at 2.40 must be pissed off
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HaMaina
#1318 Posted : Friday, March 06, 2015 2:40:44 PM
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Joined: 4/23/2014
Posts: 909
From lows of 2.30 to between. 2.90 & 3.0 highs in under 6 hours. Talk of kufufuka, those who sold at the lows must be scratching their heads now. Pole.
“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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mlennyma
#1319 Posted : Friday, March 06, 2015 2:44:30 PM
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Joined: 7/21/2010
Posts: 6,182
Location: nairobi
streetwise wrote:
The share was crashing in the morning and now 7% up.

When did the news come in and how quick wa the reaction ? This is like NSE is true online ????

The guy who sold in the morning at 2.40 must be pissed off

this market is done through middle men otherwise it could have been a chaotic one,where you want to claim your money or shares back citing you were duped.
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#1320 Posted : Friday, March 06, 2015 3:04:22 PM
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Joined: 7/21/2010
Posts: 6,182
Location: nairobi
HaMaina wrote:
From lows of 2.30 to between. 2.90 & 3.0 highs in under 6 hours. Talk of kufufuka, those who sold at the lows must be scratching their heads now. Pole.

to benefit from quick burgains,you need a fully charged online account.
"Don't let the fear of losing be greater than the excitement of winning."
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