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Mumias Sugar huge demand
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streetwise
#1441 Posted : Wednesday, June 10, 2015 5:40:36 PM
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Joined: 6/23/2011
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Location: Nairobi
Ask Richard Bradsn when he started virgin Coke ( or some similar name to compete with Coca Cola) what happened to him.
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VituVingiSana
#1442 Posted : Wednesday, June 10, 2015 6:46:17 PM
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Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
Njung'e wrote:
mlennyma wrote:
streetwise wrote:
Why the price is not going below 2.00 ama dead stock has value.

And why other are fighting to build additinal factories

Link

http://www.nation.co.ke/.../-/w8tiafz/-/index.html

if 1.3b can put up a new factory,mumias should be left to die with its bad debts


@Lenny,

That's a small plant more or less like a juggerry going by it's capacity per year.msc would crush that cane inside 4 months.No comparison

So KES 4bn can fund a factory that can crush as much as Mumias? Then who needs Mumias with debts [& other liabilities] higher than 4bn?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#1443 Posted : Wednesday, June 10, 2015 6:47:54 PM
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streetwise wrote:
Ask Richard Bradsn when he started virgin Coke ( or some similar name to compete with Coca Cola) what happened to him.
Though others e.g. Pepsi have done a-OK. There are other smaller firms that have done OK regionally though eventually it seems they get bought out by Pepsi or Coke.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Siringi
#1444 Posted : Thursday, June 25, 2015 11:30:26 AM
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Joined: 6/8/2013
Posts: 2,517
"😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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streetwise
#1445 Posted : Thursday, June 25, 2015 1:59:48 PM
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Na inakula watu pia.

NBK CFO ati is already suspended till he clears his name on MSC allegations
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mlennyma
#1446 Posted : Thursday, June 25, 2015 2:17:54 PM
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Joined: 7/21/2010
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Tomorrow will be interesting, I see signs of buyers becoming nervous
"Don't let the fear of losing be greater than the excitement of winning."
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ecstacy
#1447 Posted : Thursday, June 25, 2015 9:52:25 PM
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Joined: 2/26/2008
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Ksh 2B Mumias Rights Issue approved..
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obiero
#1448 Posted : Thursday, June 25, 2015 10:30:38 PM
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Joined: 6/23/2009
Posts: 13,497
Location: nairobi
mlennyma wrote:
Tomorrow will be interesting, I see signs of buyers becoming nervous

The government seems to be adding more water to a sinking ship!!! The msc rights issue is bound to be a tragedy

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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streetwise
#1449 Posted : Friday, June 26, 2015 8:05:00 AM
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looks like for the rights 50% of the money is already raised, how then will it be a tragedy ?
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jerry
#1450 Posted : Friday, June 26, 2015 9:35:40 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
streetwise wrote:
looks like for the rights 50% of the money is already raised, how then will it be a tragedy ?

Meanwhile pple are minting cash ".@MumiasSugarCo has
rallied a blistering
+32.43% over 4 sessions
and since the 1b shilling
Bail-Out package
confirmed" -Aks via twitter
The opposite of courage is not cowardice, it's conformity.
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streetwise
#1451 Posted : Friday, June 26, 2015 9:47:55 AM
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Imagine 32% in four days = 2920 % in a year. Who has ever made such money !!! and some guys are still saying MSC is a disaster in making.
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mwenza
#1452 Posted : Friday, June 26, 2015 10:19:08 AM
Rank: Elder


Joined: 4/22/2009
Posts: 2,863
streetwise wrote:
Imagine 32% in four days = 2920 % in a year. Who has ever made such money !!! and some guys are still saying MSC is a disaster in making.


Quite an illogical projected assumption.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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theking
#1453 Posted : Friday, June 26, 2015 10:28:22 AM
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Joined: 1/25/2010
Posts: 344
that was one short ride. the demand has vanished into the thin air, supply in plenty
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theking
#1454 Posted : Friday, June 26, 2015 10:29:55 AM
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zero demand

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maka
#1455 Posted : Friday, June 26, 2015 10:38:07 AM
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theking wrote:
zero demand



Sold @2.40Laughing out loudly Laughing out loudly
possunt quia posse videntur
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sqft
#1456 Posted : Tuesday, July 07, 2015 8:54:33 PM
Rank: Veteran


Joined: 1/10/2015
Posts: 961
Location: Kenya
I was at Nakumatt and saw 2kg Lugazi sugar from uganda selling at 195bob while mumias is at 240. How will they compete?
Proverbs 13:11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
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Chaka
#1457 Posted : Tuesday, July 07, 2015 9:06:02 PM
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Joined: 2/16/2007
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sqft wrote:
I was at Nakumatt and saw 2kg Lugazi sugar from uganda selling at 195bob while mumias is at 240. How will they compete?

May be that Lugazi sugar is half as sweet as Mumias i,e literally?
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technician
#1458 Posted : Tuesday, August 25, 2015 6:48:52 AM
Rank: New-farer


Joined: 8/25/2015
Posts: 15
Location: Nairobi
This would be a good place to buy MSC, looks like there are no bears left as price has refused to go below the 2 shillings support level.

Investors are selling this stock at a throw away price, one can literally collect a lot of shares.

Buying low and waiting
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streetwise
#1459 Posted : Tuesday, August 25, 2015 9:11:59 AM
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Joined: 6/23/2011
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For one with money that has no immeduiate use this can be a kill.
Imagine 100K shares as 2 bob. And for argument sake the price goes to 10 Bob.

To jorg your mind , remember Unga at 12 bob and now 45 bob
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sparkly
#1460 Posted : Tuesday, August 25, 2015 10:17:25 AM
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Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
streetwise wrote:
For one with money that has no immeduiate use this can be a kill.
Imagine 100K shares as 2 bob. And for argument sake the price goes to 10 Bob.

To jorg your mind , remember Unga at 12 bob and now 45 bob

Take your money to the Casino. similar odds, 1% to win the jackpot and 99% to lose your money.
Life is short. Live passionately.
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