Wazua
»
Investor
»
Stocks
»
Mumias Sugar huge demand
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
|
The only news is that there is msc sugar packages are occupying 80 percent of the space at nakumatt. Is this good or ?
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
streetwise wrote:The only news is that there is msc sugar packages are occupying 80 percent of the space at nakumatt. Is this good or ? Good I guess... possunt quia posse videntur
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,296
|
When will it retrace to the price of 10-15Kes under the New Management. Will this take 1 to 2 years?
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,296
|
Or will it get privatised as soon as possible.?
|
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
Realtreaty wrote:Or will it get privatised as soon as possible.? Mumias was privatised many years ago or what do you mean?
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
|
Kwale Sugar to launch branded retail products from 2016. Recently opened Kwale International Sugar Company Limited (KISCOL) will start packaging its sugar in smaller packets (2kg and below) from 2016. Currently, the company is selling its products in 50kg bags. Developed in partnership with Mauritian sugar producer Omnicane Limited (25% stake), KISCOL incorporates a nucleus estate of 5,500 hectares of cultivated cane; a 3000 tonnes- crushed-per-day sugar mill; an 18 megawatt bagasse-fired power plant and a sophisticated irrigation and water management system (sub-surface drip-feed irrigation) for about half of the current nucleus estate. Sale of power(10MW) to the grid will commence after an ongoing evacuation line is completed (neighboring KISCOL, is Base Titanium - an Australian mining firm involved in mining heavy minerals, where the power could be sold). KISCOL will provide affordable, locally grown sugar which will not require the Common Market for Eastern and Southern Africa (COMESA) duty protection for survival. Kenya’s local industry yields an average of 63 t/Ha with maturity at 18-24 months (rain fed). For KISCOL, the maturity will be within 12 months and yields are at 110 t/Ha (irrigated). Recovery rate of sugar for KISCOL and the rest of Kenya’s sugar industry is similar at around 10%. KISCOL is owned by family run investment group, Pabari Investments Limited, which has a presence across several industry sectors including agribusiness, pharmaceuticals, transport, petroleum, medical care, education and IT. For the bulk of sugar industry based in western Kenya to survive, it is clear that key focus will have to be on agriculture development to ensure the yields and maturity periods can be improved drastically. This will enable companies such as Mumias Sugar to compete effectively. (KISCOL, Standard Investment Bank) Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
VituVingiSana wrote:Kwale Sugar to launch branded retail products from 2016. Recently opened Kwale International Sugar Company Limited (KISCOL) will start packaging its sugar in smaller packets (2kg and below) from 2016. Currently, the company is selling its products in 50kg bags. Developed in partnership with Mauritian sugar producer Omnicane Limited (25% stake), KISCOL incorporates a nucleus estate of 5,500 hectares of cultivated cane; a 3000 tonnes- crushed-per-day sugar mill; an 18 megawatt bagasse-fired power plant and a sophisticated irrigation and water management system (sub-surface drip-feed irrigation) for about half of the current nucleus estate. Sale of power(10MW) to the grid will commence after an ongoing evacuation line is completed (neighboring KISCOL, is Base Titanium - an Australian mining firm involved in mining heavy minerals, where the power could be sold).
KISCOL will provide affordable, locally grown sugar which will not require the Common Market for Eastern and Southern Africa (COMESA) duty protection for survival. Kenya’s local industry yields an average of 63 t/Ha with maturity at 18-24 months (rain fed). For KISCOL, the maturity will be within 12 months and yields are at 110 t/Ha (irrigated). Recovery rate of sugar for KISCOL and the rest of Kenya’s sugar industry is similar at around 10%. KISCOL is owned by family run investment group, Pabari Investments Limited, which has a presence across several industry sectors including agribusiness, pharmaceuticals, transport, petroleum, medical care, education and IT. For the bulk of sugar industry based in western Kenya to survive, it is clear that key focus will have to be on agriculture development to ensure the yields and maturity periods can be improved drastically. This will enable companies such as Mumias Sugar to compete effectively. (KISCOL, Standard Investment Bank) And yesterday I saw several 2kgs branded Mumias sugar on the Tuskys shelves...signs of recovery or are the Museveni sugar packed in Mumias gunny bags? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
|
Impunity wrote:VituVingiSana wrote:Kwale Sugar to launch branded retail products from 2016. Recently opened Kwale International Sugar Company Limited (KISCOL) will start packaging its sugar in smaller packets (2kg and below) from 2016. Currently, the company is selling its products in 50kg bags. Developed in partnership with Mauritian sugar producer Omnicane Limited (25% stake), KISCOL incorporates a nucleus estate of 5,500 hectares of cultivated cane; a 3000 tonnes- crushed-per-day sugar mill; an 18 megawatt bagasse-fired power plant and a sophisticated irrigation and water management system (sub-surface drip-feed irrigation) for about half of the current nucleus estate. Sale of power(10MW) to the grid will commence after an ongoing evacuation line is completed (neighboring KISCOL, is Base Titanium - an Australian mining firm involved in mining heavy minerals, where the power could be sold).
KISCOL will provide affordable, locally grown sugar which will not require the Common Market for Eastern and Southern Africa (COMESA) duty protection for survival. Kenya’s local industry yields an average of 63 t/Ha with maturity at 18-24 months (rain fed). For KISCOL, the maturity will be within 12 months and yields are at 110 t/Ha (irrigated). Recovery rate of sugar for KISCOL and the rest of Kenya’s sugar industry is similar at around 10%. KISCOL is owned by family run investment group, Pabari Investments Limited, which has a presence across several industry sectors including agribusiness, pharmaceuticals, transport, petroleum, medical care, education and IT. For the bulk of sugar industry based in western Kenya to survive, it is clear that key focus will have to be on agriculture development to ensure the yields and maturity periods can be improved drastically. This will enable companies such as Mumias Sugar to compete effectively. (KISCOL, Standard Investment Bank) And yesterday I saw several 2kgs branded Mumias sugar on the Tuskys shelves...signs of recovery or are the Museveni sugar packed in Mumias gunny bags? It's good to see Mumias sugar on the shelves. What's interesting is that KISCOL can compete WITHOUT the COMESA safeguards. Imagine the profits KISCOL makes under the current regime if they can compete with duty free sugar from COMESA! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
|
MSC Sugar is all over. I think the new management want to act with little noise making . This thing may turn out to be a money maker.
|
|
|
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
|
streetwise wrote:MSC Sugar is all over. I think the new management want to act with little noise making . This thing may turn out to be a money maker. where can i get the full set of last financial statements?
|
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
Impunity is waiting for the shares at 65 cts and with the current bear he will get them!!!!!!!!!!!!
|
|
|
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
|
At 65 cents I sugest all Wazuans buy any shares offered then we can be holding the board meetings online. By this a meant a takeover
|
|
|
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
|
streetwise wrote:MSC Sugar is all over. I think the new management want to act with little noise making . This thing may turn out to be a money maker. I just passed by Eastmatt on Tom Mboya street MSC sugar is at Kshs 122.5 per Kg while Nzoia sugar is Kshs 105 and Eastmatt ( local sugar is at Kshs 95 per Kg Will customers buy MSC at those prices?
|
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
heri wrote:streetwise wrote:MSC Sugar is all over. I think the new management want to act with little noise making . This thing may turn out to be a money maker. I just passed by Eastmatt on Tom Mboya street MSC sugar is at Kshs 122.5 per Kg while Nzoia sugar is Kshs 105 and Eastmatt ( local sugar is at Kshs 95 per Kg Will customers buy MSC at those prices? People believe that Mumias only produces the branded packets. They are wrong. The bales i.e branded packets are only a small proportion and their market is mostly supermarkets. Majority of Mumias sugar is packaged in 50kg sacks.You can check with wholesalers like YH, Maarufu, New Nyanza, Kanini Haraka etc to confirm.
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
heri wrote:streetwise wrote:MSC Sugar is all over. I think the new management want to act with little noise making . This thing may turn out to be a money maker. I just passed by Eastmatt on Tom Mboya street MSC sugar is at Kshs 122.5 per Kg while Nzoia sugar is Kshs 105 and Eastmatt ( local sugar is at Kshs 95 per KgWill customers buy MSC at those prices? Waaaaaah!!!!!!!! Sugar has finally gone below the psychological mark of KES. 100 per kg? Good time ahead.  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
mawinder wrote:Impunity is waiting for the shares at 65 cts and with the current bear he will get them!!!!!!!!!!!!  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
Hata kama ni bear 65 cents is extreme!!!!!!!! Ni kama kupewa bure and you wait to become dollar millionaire. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,452
|
mawinder wrote:Impunity is waiting for the shares at 65 cts and with the current bear he will get them!!!!!!!!!!!! Spikes wrote:Hata kama ni bear 65 cents is extreme!!!!!!!! Ni kama kupewa bure and you wait to become dollar millionaire. Anaitagwa @Impunity!!! Hata Equity anaingoja 15/=. Hiyo pesa yake atabaki ameikula gizzards T-Mall!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 11/27/2007 Posts: 3,604
|
MaichBlack wrote:mawinder wrote:Impunity is waiting for the shares at 65 cts and with the current bear he will get them!!!!!!!!!!!! Spikes wrote:Hata kama ni bear 65 cents is extreme!!!!!!!! Ni kama kupewa bure and you wait to become dollar millionaire. Anaitagwa @Impunity!!! Hata Equity anaingoja 15/=. Hiyo pesa yake atabaki ameikula gizzards T-Mall!!! 1.35 to me is the minimum this share may sink. At that point I will be jumping in without thinking as it is a gain even if they decide to delist from the market or be bought out by an investor. How much is Mumias Worth? Asking for a friend African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
|
|
|
Rank: Elder Joined: 4/30/2008 Posts: 6,029
|
Sober wrote:MaichBlack wrote:mawinder wrote:Impunity is waiting for the shares at 65 cts and with the current bear he will get them!!!!!!!!!!!! Spikes wrote:Hata kama ni bear 65 cents is extreme!!!!!!!! Ni kama kupewa bure and you wait to become dollar millionaire. Anaitagwa @Impunity!!! Hata Equity anaingoja 15/=. Hiyo pesa yake atabaki ameikula gizzards T-Mall!!! 1.35 to me is the minimum this share may sink. At that point I will be jumping in without thinking as it is a gain even if they decide to delist from the market or be bought out by an investor. How much is Mumias Worth? Asking for a friend Mumias is worth 80cts. Think of the debts Mumias owes banks and others.
|
|
|
Wazua
»
Investor
»
Stocks
»
Mumias Sugar huge demand
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|