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Mumias Sugar huge demand
Spikes
#1581 Posted : Tuesday, November 03, 2015 10:09:31 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Mumias assets KPMG implicated fellow grew to kes 27bn not factoring in heavy machinery. Wacha mchezo bwana. NAV is atleast Kes 6/ share
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Spikes
#1582 Posted : Wednesday, November 04, 2015 5:23:00 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
The future is brighter for this firm
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
streetwise
#1583 Posted : Wednesday, November 04, 2015 8:46:27 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Where is the supporting information.

There are no signs yet of anything. They have to come up with destructive innovation ideas for anything to happen. Selling sugar is no longer a strategy that can deliver value to the share holders.
HaMaina
#1584 Posted : Friday, November 06, 2015 4:30:03 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Another week gone with nothing new {tushazoea}, hopefully next week will be different.
“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
Spikes
#1585 Posted : Friday, November 06, 2015 4:43:48 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
I hope next week there will be a rally on this counter. I have a feeling of upcoming good news .
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
streetwise
#1586 Posted : Friday, November 06, 2015 7:45:40 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Please share i am sure you have info
Spikes
#1587 Posted : Friday, November 06, 2015 9:14:35 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
The info will be open for the public in all authoritative media streams. Relax and keep updated each day you may be lucky enough to crawl on the main headline tenderly touching on Mumias Sugar.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
mawinder
#1588 Posted : Friday, November 06, 2015 10:37:21 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Mumias is a gone case. You must look at its debt portfolio and lopsided contract with KPLC and Proparco among other lenders
VituVingiSana
#1589 Posted : Friday, November 06, 2015 10:46:49 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
mawinder wrote:
Mumias is a gone case. You must look at its debt portfolio and lopsided contract with KPLC and Proparco among other lenders

Since Mumias is not the ONLY investment for us, one should compare Mumias [even with all the positive info] to other alternatives. Then make a decision.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mawinder
#1590 Posted : Saturday, November 07, 2015 1:19:42 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
VituVingiSana wrote:
mawinder wrote:
Mumias is a gone case. You must look at its debt portfolio and lopsided contract with KPLC and Proparco among other lenders

Since Mumias is not the ONLY investment for us, one should compare Mumias [even with all the positive info] to other alternatives. Then make a decision.

For Hamaina and spike it is the only investment
Boris Boyka
#1591 Posted : Saturday, November 07, 2015 9:58:38 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Spikes wrote:
I hope next week there will be a rally on this counter. I have a feeling of upcoming good news .
Feelings and timely in a week, @Obiero must be right you're going to be next prophet.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Boris Boyka
#1592 Posted : Saturday, November 07, 2015 10:00:57 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
mawinder wrote:
VituVingiSana wrote:
mawinder wrote:
Mumias is a gone case. You must look at its debt portfolio and lopsided contract with KPLC and Proparco among other lenders

Since Mumias is not the ONLY investment for us, one should compare Mumias [even with all the positive info] to other alternatives. Then make a decision.

For Hamaina and spike it is the only investment

This is the problem of having feelings in business and for that matter Stocks! Just feeling Mumias will wake up while avoiding analysis of core underlying issues.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
streetwise
#1593 Posted : Saturday, November 07, 2015 9:06:18 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
For a trader there is no issue with msc so long the price of the share can be driven to change no matter how little by any event. The guys who get into trouble in any share are those long timers.
VituVingiSana
#1594 Posted : Saturday, November 07, 2015 9:41:22 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
streetwise wrote:
For a trader there is no issue with msc so long the price of the share can be driven to change no matter how little by any event. The guys who get into trouble in any share are those long timers.

Someone has to buy the "traders'" shares. Greater Fool Theory.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
HaMaina
#1595 Posted : Wednesday, November 11, 2015 11:24:18 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Uhuru to give cash to bail out Nzoia Sugar

http://www.the-star.co.k...ash-bail-out-nzoia-sugar
“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
streetwise
#1596 Posted : Wednesday, November 11, 2015 11:35:54 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
You may view MSC finical report for year ended Jun2015 in the daily nation of today page 44
dunkang
#1597 Posted : Wednesday, November 11, 2015 1:31:55 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
streetwise wrote:
You may view MSC finical report for year ended Jun2015 in the daily nation of today page 44

Receive with simplicity everything that happens to you.” ― Rashi

Ericsson
#1598 Posted : Wednesday, November 11, 2015 1:33:40 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,677
Location: NAIROBI
Wapi ya Uchumi long overdue
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Sam_Kibs
#1599 Posted : Wednesday, November 11, 2015 2:11:24 PM
Rank: New-farer


Joined: 7/1/2015
Posts: 67
dunkang wrote:
streetwise wrote:
You may view MSC finical report for year ended Jun2015 in the daily nation of today page 44


The balance sheet looks pathetic!.
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
Spikes
#1600 Posted : Wednesday, November 11, 2015 2:20:21 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Daily Nation yaleo naitafuta nifungie nyama!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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