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Mumias Sugar HY2013/14
obiero
#231 Posted : Thursday, January 22, 2015 12:57:39 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,238
Location: nairobi
poleni wana Mumias, Home Afrika..

mlennyma
#232 Posted : Thursday, January 22, 2015 1:06:59 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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."
actuarywahisa
#233 Posted : Thursday, January 22, 2015 4:57:38 PM
Rank: Member

Joined: 5/21/2014
Posts: 184
mlennyma wrote:
obiero wrote:
poleni wana Mumias, Home Afrika..

don't say sorry,hiki kinyani hakijakufa kitaruka tena



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

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
mlennyma
#234 Posted : Thursday, January 22, 2015 5:11:11 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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."
obiero
#235 Posted : Friday, March 06, 2015 12:24:04 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,238
Location: nairobi
obiero wrote:
yosie14 wrote:
obiero wrote:
its2013 wrote:
The optimist wrote:
4 Counterfeit Mumias Sugar Distributors Arrested.
The three men and a woman are believed to have imported sugar from Brazil which was later re-packed in bags with Mumias sugar company labels for sale locally

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

koxwex
#236 Posted : Friday, March 06, 2015 9:56:50 AM
Rank: New-farer

Joined: 9/12/2014
Posts: 22
Location: Nairobi
comesa safeguard extended to Feb 2017, what next?
$moothie!
#237 Posted : Friday, March 06, 2015 12:39:03 PM
Rank: Member

Joined: 3/20/2008
Posts: 8
koxwex wrote:
comesa safeguard extended to Feb 2017, what next?


Link?
koxwex
#238 Posted : Friday, March 06, 2015 1:15:11 PM
Rank: New-farer

Joined: 9/12/2014
Posts: 22
Location: Nairobi
$moothie! wrote:
koxwex wrote:
comesa safeguard extended to Feb 2017, what next?


Link?

http://www.standardmedia...ort-safeguards-for-kenya
Pesa Nane
#239 Posted : Friday, March 06, 2015 1:16:27 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
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.
streetwise
#240 Posted : Friday, March 06, 2015 1:22:20 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Lets do it the other way, what is the the source of his wealth.

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