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Mumias Sugar huge demand
Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! its a tight race to 1 bob. this one has a clear headstart. @Hisah, would you buy it at 1 bob? Start!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! 5B shs bailout is up for turnaround in the coming days. I don't think kes 1.0 handle will be tested any soon. There must be intense battle on MSC equilibrium price on the news of government willing to pump in more free money as plunge protection capital. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Spikes wrote:hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! 5B shs bailout is up for turnaround in the coming days. I don't think kes 1.0 handle will be tested any soon. There must be intense battle on the news of government willing to pump in more free money as plunge protection capital. this is a bottomless pit. what do they have to show for the 1B they received in June 2015? tenderpreneurs must be behind the latest push- quick campaign money to be made. Start!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Metch wrote:Spikes wrote:hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! 5B shs bailout is up for turnaround in the coming days. I don't think kes 1.0 handle will be tested any soon. There must be intense battle on the news of government willing to pump in more free money as plunge protection capital. this is a bottomless pit. what do they have to show for the 1B they received in June 2015? tenderpreneurs must be behind the latest push- quick campaign money to be made. I have learnt through the hard way that government owned firms are there to exploit Wanjiko as a naive investor. They don't care whether you are burnt beyond recognition. I have to revise my ways of investing. Obsession and sentiment I rebuke you in Jesus name. Amen. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Spikes wrote:Metch wrote:Spikes wrote:hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! 5B shs bailout is up for turnaround in the coming days. I don't think kes 1.0 handle will be tested any soon. There must be intense battle on the news of government willing to pump in more free money as plunge protection capital. this is a bottomless pit. what do they have to show for the 1B they received in June 2015? tenderpreneurs must be behind the latest push- quick campaign money to be made. I have learnt through the hard way that government owned firms are there to exploit Wanjiko as a naive investor. They don't care whether you are burnt beyond recognition. I have to revise my ways of investing. Obsession and sentiment I rebuke you in Jesus name. Amen. Vvs warned you guys. He vehemently rebukes government held stocks but now you now see his sense after seeing some towers of Mesopotamia crumble down. Welcome to PE, and privately owned stocks .wipe off the dust and move on friend .Mumias is as dead as dodo. Long time ago dead .
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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State sugar firms sale to go on after TA withdraws suithttp://www.businessdaily...0/-/11qkmcq/-/index.html“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: 9/20/2015 Posts: 2,811 Location: Mombasa
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[quote=HaMaina] State sugar firms sale to go on after TA withdraws suithttp://www.businessdaily.../-/11qkmcq/-/index.html[/quote] Explain what it means to MSC investor. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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http://www.mumias-sugar....php?page=Future-Products“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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http://www.mumias-sugar....hp?page=Future-Products[/quote] Mumias is a broke-ass firm that is begging GoK for bailout cash. How do you expect it to buy its competitors? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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enyands wrote:Spikes wrote:Metch wrote:Spikes wrote:hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! 5B shs bailout is up for turnaround in the coming days. I don't think kes 1.0 handle will be tested any soon. There must be intense battle on the news of government willing to pump in more free money as plunge protection capital. this is a bottomless pit. what do they have to show for the 1B they received in June 2015? tenderpreneurs must be behind the latest push- quick campaign money to be made. I have learnt through the hard way that government owned firms are there to exploit Wanjiko as a naive investor. They don't care whether you are burnt beyond recognition. I have to revise my ways of investing. Obsession and sentiment I rebuke you in Jesus name. Amen. Vvs warned you guys. He vehemently rebukes government held stocks but now you now see his sense after seeing some towers of Mesopotamia crumble down. Welcome to PE, and privately owned stocks .wipe off the dust and move on friend .Mumias is as dead as dodo. Long time ago dead . I have given up on trying to explain this to folks. I let @AGuy do the honors. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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They can offer the competitors shares, preference or other. They can even offer land etc.
The aim here would be go out and buy a factory whose equipment is modern and thus more efficient than the run down MSC equipment.
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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streetwise wrote:They can offer the competitors shares, preference or other. They can even offer land etc.
The aim here would be go out and buy a factory whose equipment is modern and thus more efficient than the run down MSC equipment. 1) The only factories with modern machinery are the private millers who apparently are profitable. They should take over Mumias not the other way round. 2) Mumias wants the land for nucleus estates so why give away land to get land? 3) Who wants Mumias shares [except GoK]? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 12/8/2015 Posts: 166
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Burnt to recognition, made a late entry in January hoping the sugar maker performance would improve!! Have had to disembark.....
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Risasi Sufuri wrote:Burnt to recognition, made a late entry in January hoping the sugar maker performance would improve!! Have had to disembark..... Wazuans when is government 5B kes due? I want to exit along with bailout hype to avoid being financially lynched. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:Risasi Sufuri wrote:Burnt to recognition, made a late entry in January hoping the sugar maker performance would improve!! Have had to disembark..... Wazuans when is government 5B kes due? I want to exit along with bailout hype to avoid being financially lynched. http://www.standardmedia...-in-cane-harvesting-pactJohn 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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This is in the right direction.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Metch wrote:hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! its a tight race to 1 bob. this one has a clear headstart. @Hisah, would you buy it at 1 bob? Unless gok gets out of this business. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:Metch wrote:hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! its a tight race to 1 bob. this one has a clear headstart. @Hisah, would you buy it at 1 bob? Unless gok gets out of this business. I have been burnt. I have bailout. I have suffered a loss of 12% all brokerage commissions inclusive. I don't want to regret @1 kes when things are out of control. Now I know which stock makes money and when to join and exit time as well. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I have my purchase order at 1.00 Bob waiting.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Spikes wrote:hisah wrote:Metch wrote:hisah wrote:Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! its a tight race to 1 bob. this one has a clear headstart. @Hisah, would you buy it at 1 bob? Unless gok gets out of this business. I have been burnt. I have bailout. I have suffered a loss of 12% all brokerage commissions inclusive. I don't want to regret @1 kes when things are out of control. Now I know which stock makes money and when to join and exit time as well. I've been on this ship for far too long to bail out now, for me until 2017 Feb or March, then I shall know. Till then I'll buy with whatever is available. “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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