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Mumias Sugar huge demand
Rank: Elder Joined: 2/26/2008 Posts: 4,449
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ecstacy wrote:Given the swings with the Mumias share price, this thread should be altered to "Mumias Sugar huge demand/SUPPLY" lol
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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whiteowl wrote:Chaka wrote:kawi254 wrote:Is there a correlation of Daily Nation's Buy/Hold/Sell column that appears on Wednesday's to a stocks performance? e.g Wednesday, March 11, 2015 Avoid Mumias stock but buy or hold UngaMumias today falls by -11.29% (there is also other negative news on same day). Is 'wanjiku' reading this column and panic/euphoria selling/buying? I thought share price cannot drop by more than 10 pc, unless there is a material announcement? Welcome to the NSE  This is it!  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Pesa Nane wrote:whiteowl wrote:Chaka wrote:kawi254 wrote:Is there a correlation of Daily Nation's Buy/Hold/Sell column that appears on Wednesday's to a stocks performance? e.g Wednesday, March 11, 2015 Avoid Mumias stock but buy or hold UngaMumias today falls by -11.29% (there is also other negative news on same day). Is 'wanjiku' reading this column and panic/euphoria selling/buying? I thought share price cannot drop by more than 10 pc, unless there is a material announcement? Welcome to the NSE This is it! caution!!!!!!because it can collapse may be!!!!  iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal...last time we did rights here at 49.50 now we do again at 1.50 "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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The week has come to an end with the same talk. Lets see what the remainder of the day & next week have to offer. State to give Mumias Sugar Sh1b bailout Read more at: http://www.standardmedia...mias-sugar-sh1b-bailout
“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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Could this be the cause of today's sudden spike? Team pulls out of Mumias probe over a year later Read more at: http://www.standardmedia...year-later&pageNo=1
“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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I think the devil of anti corruption has finally woken up in Kenya. Owiiiiiiiii !!!!
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Watch out for these men.Ndeta,Kadima,Aseka,Surjit,Barasa,Etemesi,George Ndonji,Mawinder etc in the coming few days!!!!!!!!
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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mlennyma wrote:caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal... last time we did rights here at 49.50 now we do again at 1.50 Now extrapolate that to Nairobi County and see where we will be by the time this fellow leaves office!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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MaichBlack wrote:mlennyma wrote:caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal... last time we did rights here at 49.50 now we do again at 1.50 Now extrapolate that to Nairobi County and see where we will be by the time this fellow leaves office!!! Now where does Nairobi county come in? Anyway the county will be delivered by the Sonko Rescue Team
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Akenyan2014 wrote:MaichBlack wrote:mlennyma wrote:caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal... last time we did rights here at 49.50 now we do again at 1.50 Now extrapolate that to Nairobi County and see where we will be by the time this fellow leaves office!!! Now where does Nairobi county come in? Anyway the county will be delivered by the Sonko Rescue Team Who brought Mumias to it's knees? Who is in Charge of Nairobi county?? Visit this thread and see where we are headed.Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Two more weeks and we shall know if our choice was worth it. In the meantime more politics. Bribery Claims Rock Mps’ Probe into Mumias Sugar 15th https://www.youtube.com/watch?v=c253rFkHngI
“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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MaichBlack wrote:Akenyan2014 wrote:MaichBlack wrote:mlennyma wrote:caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal... last time we did rights here at 49.50 now we do again at 1.50 Now extrapolate that to Nairobi County and see where we will be by the time this fellow leaves office!!! Now where does Nairobi county come in? Anyway the county will be delivered by the Sonko Rescue Team Who brought Mumias to it's knees? Who is in Charge of Nairobi county?? Visit this thread and see where we are headed. Answer:- There was this kid who erroneously got the job. “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: 7/22/2009 Posts: 7,452
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HaMaina wrote:MaichBlack wrote:Akenyan2014 wrote:MaichBlack wrote:mlennyma wrote:caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal... last time we did rights here at 49.50 now we do again at 1.50 Now extrapolate that to Nairobi County and see where we will be by the time this fellow leaves office!!! Now where does Nairobi county come in? Anyway the county will be delivered by the Sonko Rescue Team Who brought Mumias to it's knees? Who is in Charge of Nairobi county?? Visit this thread and see where we are headed. Answer:- There was this kid who erroneously got the job.  I was lost for five seconds till I realized I have to read the text in red alone and continously. Good one!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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MaichBlack wrote:HaMaina wrote:MaichBlack wrote:Akenyan2014 wrote:MaichBlack wrote:mlennyma wrote:caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal... last time we did rights here at 49.50 now we do again at 1.50 Now extrapolate that to Nairobi County and see where we will be by the time this fellow leaves office!!! Now where does Nairobi county come in? Anyway the county will be delivered by the Sonko Rescue Team Who brought Mumias to it's knees? Who is in Charge of Nairobi county?? Visit this thread and see where we are headed. Answer:- There was this kid who erroneously got the job. I was lost for five seconds till I realized I have to read the text in red alone and continously. Good one!!! Your welcome. “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: 8/4/2008 Posts: 2,849 Location: Rupi
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HaMaina wrote:MaichBlack wrote:HaMaina wrote:MaichBlack wrote:Akenyan2014 wrote:MaichBlack wrote:mlennyma wrote:caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal... last time we did rights here at 49.50 now we do again at 1.50 Now extrapolate that to Nairobi County and see where we will be by the time this fellow leaves office!!! Now where does Nairobi county come in? Anyway the county will be delivered by the Sonko Rescue Team Who brought Mumias to it's knees? Who is in Charge of Nairobi county?? Visit this thread and see where we are headed. Answer:- There was this kid who erroneously got the job. I was lost for five seconds till I realized I have to read the text in red alone and continously. Good one!!! Your welcome. Lord, thank you!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mlennyma wrote:.....last time we did rights here at 49.50 now we do again at 1.50 Each of those rights was then given 2 bonus shares effectively reducing their price to 16.50 (49.50/3). They have also received dividends aggregating 4.30. ... Too bad for them still
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Quite a ruthless share for long term investors 
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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mlennyma wrote:Pesa Nane wrote:whiteowl wrote:Chaka wrote:kawi254 wrote:Is there a correlation of Daily Nation's Buy/Hold/Sell column that appears on Wednesday's to a stocks performance? e.g Wednesday, March 11, 2015 Avoid Mumias stock but buy or hold UngaMumias today falls by -11.29% (there is also other negative news on same day). Is 'wanjiku' reading this column and panic/euphoria selling/buying? I thought share price cannot drop by more than 10 pc, unless there is a material announcement? Welcome to the NSE This is it! caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal...last time we did rights here at 49.50 now we do again at 1.50 Notice of EGM to be held on Friday 10th April 2014 in the Daily Nation today 18th March 2015 page 35. “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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mlennyma wrote:Pesa Nane wrote:whiteowl wrote:Chaka wrote:kawi254 wrote:Is there a correlation of Daily Nation's Buy/Hold/Sell column that appears on Wednesday's to a stocks performance? e.g Wednesday, March 11, 2015 Avoid Mumias stock but buy or hold UngaMumias today falls by -11.29% (there is also other negative news on same day). Is 'wanjiku' reading this column and panic/euphoria selling/buying? I thought share price cannot drop by more than 10 pc, unless there is a material announcement? Welcome to the NSE This is it! caution!!!!!!because it can collapse may be!!!! iam sure there will be enough rights for everyone with appetite, flopping of the issue can be fatal...last time we did rights here at 49.50 now we do again at 1.50 Notice of EGM to be held on Friday 10th April 2015 in the Daily Nation today 18th March 2015 page 35. “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: 2/26/2012 Posts: 15,980
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Kenya Power has moved to court seeking to freeze Mumias Sugar Company’s assets until the struggling miller settles a Sh1.1 billion electricity bill – a demand that could worsen the miller’s dwindling fortunes. The bill arose from Kenya Power supplementing Mumias’ power production plant between 2009 and 2014. While the miller has only paid Sh70 million, the electricity distributor wants the court to compel Mumias to pay the total bill, a move that may disrupt the government’s Sh1 billion rescue bid of the sugar manufacturer. Business Daily"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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