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Mumias Sugar huge demand
Rank: Elder Joined: 4/30/2008 Posts: 6,029
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HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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mawinder wrote:HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1 I think your scale is wrong, 800 tonnes can easily be offloaded by 80 10tonne trucks, and its supposed to cover the entire county? Even the smaller private millers are averaging 2,000-4,000 tonnes. “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: 4/30/2008 Posts: 6,029
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HaMaina wrote:mawinder wrote:HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1 I think your scale is wrong, 800 tonnes can easily be offloaded by 80 10tonne trucks, and its supposed to cover the entire county? Even the smaller private millers are averaging 2,000-4,000 tonnes. Mumias can crush around 8000 tonnes of sugarcane a day but not sugar!!!!! Even all the millers combined in Kenya do not and have never produced 6000 tonnes of sugar a day and if that were possible then Kenya would be an exporter of sugar!!!!!!!!!!!!!!!!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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HaMaina wrote:mawinder wrote:HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1 I think your scale is wrong, 800 tonnes can easily be offloaded by 80 10tonne trucks, and its supposed to cover the entire county? Even the smaller private millers are averaging 2,000-4,000 tonnes. 6,000 tons x 300 days = 1,800,000 tons. Kenya's consumption 850,000 tons of sugar. I don't even need to discuss the other millers. @Mawinder 10 - 0 @HaMaina *In Wazua, read what the others write. And do a little research. Then think.* Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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VituVingiSana wrote:HaMaina wrote:mawinder wrote:HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1 I think your scale is wrong, 800 tonnes can easily be offloaded by 80 10tonne trucks, and its supposed to cover the entire county? Even the smaller private millers are averaging 2,000-4,000 tonnes. 6,000 tons x 300 days = 1,800,000 tons. Kenya's consumption 850,000 tons of sugar. I don't even need to discuss the other millers. @Mawinder 10 - 0 @HaMaina *In Wazua, read what the others write. And do a little research. Then think.* Maybe they got the figures wrong. http://www.mumias-sugar....page=corporate-strategy
“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: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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HaMaina wrote:VituVingiSana wrote:HaMaina wrote:mawinder wrote:HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1 I think your scale is wrong, 800 tonnes can easily be offloaded by 80 10tonne trucks, and its supposed to cover the entire county? Even the smaller private millers are averaging 2,000-4,000 tonnes. 6,000 tons x 300 days = 1,800,000 tons. Kenya's consumption 850,000 tons of sugar. I don't even need to discuss the other millers. @Mawinder 10 - 0 @HaMaina *In Wazua, read what the others write. And do a little research. Then think.* Maybe they got the figures wrong. http://www.mumias-sugar....page=corporate-strategy
No, they did not. They say they can produce 270,000 tonnes of sugar annually. Do the division to get production per day using 30 days annual downtime. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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HaMaina wrote:VituVingiSana wrote:HaMaina wrote:mawinder wrote:HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1 I think your scale is wrong, 800 tonnes can easily be offloaded by 80 10tonne trucks, and its supposed to cover the entire county? Even the smaller private millers are averaging 2,000-4,000 tonnes. 6,000 tons x 300 days = 1,800,000 tons. Kenya's consumption 850,000 tons of sugar. I don't even need to discuss the other millers. @Mawinder 10 - 0 @HaMaina *In Wazua, read what the others write. And do a little research. Then think.* Maybe they got the figures wrong.http://www.mumias-sugar....page=corporate-strategy
It is you.Differentiate between cane and sugar.On average 10 tonnes of cane produce one(1) tonne of sugar.Reread what Mumias Sugar have posted on their website, anyway my beef is where if true did the media get 6000 tonnes of sugar a day!!!!!!!!!!!
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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mawinder wrote:HaMaina wrote:VituVingiSana wrote:HaMaina wrote:mawinder wrote:HaMaina wrote:streetwise wrote:Never understand why people do not like positive news.
In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
And still not producing at 100% https://www.youtube.com/watch?v=xwfbi-TYhnc
This is not possible at all as its capacity is around 800 tonnes per day.I pity wazuans who follow our local news channels and believe in those jourmalists.Must be hogwash press!!!!!!!!!!!!!!!!!!!!!!1 I think your scale is wrong, 800 tonnes can easily be offloaded by 80 10tonne trucks, and its supposed to cover the entire county? Even the smaller private millers are averaging 2,000-4,000 tonnes. 6,000 tons x 300 days = 1,800,000 tons. Kenya's consumption 850,000 tons of sugar. I don't even need to discuss the other millers. @Mawinder 10 - 0 @HaMaina *In Wazua, read what the others write. And do a little research. Then think.* Maybe they got the figures wrong.http://www.mumias-sugar....page=corporate-strategy
It is you.Differentiate between cane and sugar.On average 10 tonnes of cane produce one(1) tonne of sugar.Reread what Mumias Sugar have posted on their website, anyway my beef is where if true did the media get 6000 tonnes of sugar a day!!!!!!!!!!! Whenever i see an MSC thread my mind rings @Hamaina. @vvs he/she never wants you to mention anything negative about MSC...in other words @Hamaina is in LOVE with MSC (affectionate). Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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MSC seems to be waking up. Any insider information or is it just another emotional wave of activity
NB: moved from 1.76 to 2 in two days 13.6% !!!
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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streetwise wrote:MSC seems to be waking up. Any insider information or is it just another emotional wave of activity
NB: moved from 1.76 to 2 in two days 13.6% !!! End year financials should be coming out ant time, lets wait and see if there's anything new. “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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I wonder what he has to say about this? SUGAR:WAS KHALWALE BRIBED WITH SH12M?http://theweeklycitizen....lwale-bribed-with-sh12m/“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: 4/30/2008 Posts: 6,029
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[quote=HaMaina]I wonder what he has to say about this? SUGAR:WAS KHALWALE BRIBED WITH SH12M?http://theweeklycitizen....wale-bribed-with-sh12m/[/quote] That story has stuff that does not add up.First it is Khalwale who should be bribing to Kidero to withdraw the case, secondly COOP bank account numbers have 14 digits not 13 as in the paper, thirdly if the bribe was paid in Arusha, Khalwale would not have gone to the lowly Tom Mboya streets to bank such money but would have gone to affluent areas, fourthly this is a civil case and Khalwale is not physically required in court.Only Kidero can withdraw the case and if he withdraws it will give credence to Khalwale's claims.Alwaka the owner of the paper is a gun for hire and he could have been paid by someone to craft that story!!!!!!!!!!!!!!!
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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mawinder wrote:[quote=HaMaina]I wonder what he has to say about this? SUGAR:WAS KHALWALE BRIBED WITH SH12M?http://theweeklycitizen....wale-bribed-with-sh12m/[/quote] That story has stuff that does not add up.First it is Khalwale who should be bribing to Kidero to withdraw the case, secondly COOP bank account numbers have 14 digits not 13 as in the paper, thirdly if the bribe was paid in Arusha, Khalwale would not have gone to the lowly Tom Mboya streets to bank such money but would have gone to affluent areas, fourthly this is a civil case and Khalwale is not physically required in court.Only Kidero can withdraw the case and if he withdraws it will give credence to Khalwale's claims.Alwaka the owner of the paper is a gun for hire and he could have been paid by someone to craft that story!!!!!!!!!!!!!!! Khalwale's Responce to the issue. http://nairobinews.co.ke...over-mumias-sugar-saga/
“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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And their sugar is all over 1 Kg white 125.00 . 2 Kg brown 240.00.
Will this strategy really work ?.
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Rank: Member Joined: 4/16/2009 Posts: 257
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No, that strategy will not work Nzoia and Kabras are retailing at Kshs 100 per Kg. Majority who purchase mumias sugar are the stockholders.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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More of the "I don't want","I'm not ready" story. Western, Nyanza leaders oppose privatization of sugar companies 16 September 2015, 09:23 http://www.news24.co.ke/...ugar-companies-20150916 “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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Wazuan's kindly note the use of the word "by". http://www.mediamaxnetwo...-issue-set-for-december/“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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To raise 5B they will have to offer right of 2 shares for each held and sell at 1.8
They surely don't expect the share to be at 3.3 by Dec 2015. This would need high level of manipulation
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Anyone know when we can expect FY financials to know how bad things are
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Anyone know when we can expect FY financials to know how bad things are
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