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Mumias Sugar 2015 PBT loss at Sh6.3bn
Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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Okay i know there are sellers and buyers in any market
But i wonder why are people buying at 1.90 which has been the price for a while before this huge loss was unveiled
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Because by looking at statement of changes in equity you can immediately see a valuation of 4.00 per share
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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streetwise wrote:Because by looking at statement of changes in equity you can immediately see a valuation of 4.00 per share Please elaborate on this? do you have the financials?
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Check the Daily nation page 21 ( Its a full page so you can't miss it)
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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This company is not a going concern. Better liquidate before it causes more heartache Life is short. Live passionately.
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Wazua
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Mumias Sugar 2015 PBT loss at Sh6.3bn
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