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Mumias Sugar huge demand
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maka
#1321 Posted : Friday, March 06, 2015 3:16:34 PM
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Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Monday will be crazy...
possunt quia posse videntur
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streetwise
#1322 Posted : Friday, March 06, 2015 3:17:02 PM
Rank: Veteran


Joined: 6/23/2011
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Location: Nairobi
Kenya is first in many things e.g. athletics, mobile money and now NSE "The making of a millionare in 6 hours"
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maka
#1323 Posted : Friday, March 06, 2015 3:26:45 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
streetwise wrote:
Kenya is first in many things e.g. athletics, mobile money and now NSE "The making of a millionare in 6 hours"

smile Its a good Friday...
possunt quia posse videntur
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The254Consultant
#1324 Posted : Friday, March 06, 2015 3:30:05 PM
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Joined: 1/30/2015
Posts: 5
Location: Kenya
maka wrote:
streetwise wrote:
Kenya is first in many things e.g. athletics, mobile money and now NSE "The making of a millionare in 6 hours"

smile Its a good Friday...

d'oh! It was a close one....
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streetwise
#1325 Posted : Friday, March 06, 2015 4:12:15 PM
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mlennyma
#1326 Posted : Friday, March 06, 2015 4:20:32 PM
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Joined: 7/21/2010
Posts: 6,182
Location: nairobi
[quote=streetwise]link

http://www.nation.co.ke/.../-/m8tmuaz/-/index.html[/quote]
a rights issue????your pocket is targeted to revive mumias, it will be very expensive to sent this guys parking
"Don't let the fear of losing be greater than the excitement of winning."
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WWW
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derick
#1327 Posted : Friday, March 06, 2015 6:04:31 PM
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Joined: 1/10/2015
Posts: 411
Comesa extends import safeguards for Kenya - http://www.standardmedia...e/?articleID=2000153809 via @StandardKenya
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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mlennyma
#1328 Posted : Friday, March 06, 2015 9:13:47 PM
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Joined: 7/21/2010
Posts: 6,182
Location: nairobi
derick wrote:
Comesa extends import safeguards for Kenya - http://www.standardmedia...e/?articleID=2000153809 via @StandardKenya

instead of all this drama this guys should just import the comesa sugar and re package it plus the little they can produce
"Don't let the fear of losing be greater than the excitement of winning."
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WWW
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TheGeek
#1329 Posted : Friday, March 06, 2015 10:50:55 PM
Rank: Member


Joined: 7/3/2014
Posts: 245
maka wrote:
Monday will be crazy...

This is a stock for insiders and stong hands.
The weak speculators will be slaughtered.

Senior TA chartists will tell you the moves have been quite predictable and they have made a killing from these oscillations.
In 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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kawi254
#1330 Posted : Friday, March 06, 2015 11:50:53 PM
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Joined: 2/20/2015
Posts: 467
Location: Nairobi
COMESA extension won't fly with M7 who has been pushing for Ugandan Sugar to enter into Kenya under EAC or else block Kenyan exports to UG (UG is KE's biggest trading partner). Sugar prices are up in Uganda because the millers make more profit by selling their sugar in Kenya.

You open doors for Ugandan sugar and crafty businessmen import into Uganda, re-package and export back to Kenya.
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HaMaina
#1331 Posted : Monday, March 09, 2015 9:42:50 AM
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Joined: 4/23/2014
Posts: 909
This Monday has surely started on a high note, let's see how long it lasts. But I think more eyes are on Mumias for now.
“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
#1332 Posted : Monday, March 09, 2015 10:00:08 AM
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Joined: 4/23/2014
Posts: 909
This is Monday, lets see what shall happen.

https://www.youtube.com/watch?v=dFDYVq9xQtk
“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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edwinmukiri
#1333 Posted : Monday, March 09, 2015 10:55:36 AM
Rank: New-farer


Joined: 8/11/2014
Posts: 72
Location: Nairobi
I expected the share price today to start higher than it did
Bulls make money,bears make money and pigs get slaughtered.
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Pesa Nane
#1334 Posted : Monday, March 09, 2015 10:59:04 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
edwinmukiri wrote:
I expected the share price today to start higher than it did

+- 10% rule
Pesa Nane plans to be shilingi when he grows up.
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Uhondo
#1335 Posted : Monday, March 09, 2015 11:20:50 AM
Rank: New-farer


Joined: 8/26/2014
Posts: 63
Demand is at 3.6M but no price change.
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Mariacha
#1336 Posted : Monday, March 09, 2015 11:30:37 AM
Rank: Member


Joined: 5/4/2011
Posts: 115
Uhondo wrote:
Demand is at 3.6M but no price change.


No supply either. am sure people have really kazad on this counter. Pray
the warmer the blankets, the colder the future
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yakub
#1337 Posted : Monday, March 09, 2015 2:03:22 PM
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Joined: 11/8/2014
Posts: 5
I tried disposing off my msc shares today. But the system was rejecting. I strongly think its a deliberate attempt to inflate the price.
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streetwise
#1338 Posted : Monday, March 09, 2015 3:14:59 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
This is the only way the co does not have to realse a rights of 2 shares for each held.
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derick
#1339 Posted : Monday, March 09, 2015 10:57:26 PM
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Joined: 1/10/2015
Posts: 411
Gok strikes deal to save mumias

http://www.capitalfm.co....al-to-save-mumias-sugar/
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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joejuma
#1340 Posted : Tuesday, March 10, 2015 6:03:09 AM
Rank: New-farer


Joined: 2/8/2015
Posts: 14
Location: masaku
agriculture based manufacturing is the hardest industry to operate! Moreso when u depend on outgrowers for raw materials! 5b wont help mumias-msc doesnt crash money bt cane! Even 10b is useless unless the got cane.

Best bailout is mending ties with farmers. Getting back the nasewa nucleus.Leasing huge tracts of land frm farmers to develop nucleus.

Coz having the 5b and a farmer getting a DR after harvest wil still lead to OOC due to cane shortage.

Msc may also close the water bottling plant and renegotiate with kplc on the cogeneration
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