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Mumias Sugar huge demand
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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KQ, Mumias and NBK... All are GoK controlled and money pits. They should have been let to die a natural death but GoK keeps on feeding them. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:Spikes wrote:streetwise wrote:Today its red red red reeed.
Has the factory burned. And who is buying (with what information) ?. It seems this stock has died therefore will never wake up again till 2019. Last year's KPMG report was very bold when it asserted that it will take MSC 4years to return to profitability. http://www.nation.co.ke/.../-/6a8wxxz/-/index.html
This stock has opened floodgates to the abyss! Strong PPT will show up @ sub 1 bob. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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That 3B rights issue talk has effectively cut any bullish legs here. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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hisah wrote:That 3B rights issue talk has effectively cut any bullish legs here. At Sub_1 I will buying a million of this GEM. Has any Kenyan listed stock traded at 1 bob? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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For a share trading at Shs.1.50 and has 1.5B shares in the market how much do you value the right and how many shares do you need to release to raise the shs 3B.
I think this idea is not well thought and will come to be dropped like the green ,,, they called it green what jkia
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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streetwise wrote:For a share trading at Shs.1.50 and has 1.5B shares in the market how much do you value the right and how many shares do you need to release to raise the shs 3B.
I think this idea is not well thought and will come to be dropped like the green ,,, they called it green what jkia They should expedite the rights before erections, price deep to sub bob then we enter fully...when a good gaament is elected, then new Billionaires are born..Sugar is like Oil, it will always get a market...for a share which had an IPO at I think 49.50, getting back to 10 bob by 2018/19 would not be far fetched thought. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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streetwise wrote:Today its red red red reeed.
Has the factory burned. And who is buying (with what information) ?. Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Spikes wrote:streetwise wrote:Today its red red red reeed.
Has the factory burned. And who is buying (with what information) ?. Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy! Waiting for sub-50cents in order to buy a controlling stake in the company. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Impunity wrote:Spikes wrote:streetwise wrote:Today its red red red reeed.
Has the factory burned. And who is buying (with what information) ?. Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy! Waiting for sub-50cents in order to buy a controlling stake in the company. With our youthful enthusiasm after taking up a controlling stake radical turnaround would be likely. 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:Impunity wrote:Spikes wrote:streetwise wrote:Today its red red red reeed.
Has the factory burned. And who is buying (with what information) ?. Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy! Waiting for sub-50cents in order to buy a controlling stake in the company. With our youthful enthusiasm after taking up a controlling stake radical turnaround would be likely. As it goes downhill by gravity to sub 1kes, big boys leadership is now cornered and threatened by hostile takeover by young millionaires in town. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Spikes wrote:Spikes wrote:Impunity wrote:Spikes wrote:streetwise wrote:Today its red red red reeed.
Has the factory burned. And who is buying (with what information) ?. Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy! Waiting for sub-50cents in order to buy a controlling stake in the company. With our youthful enthusiasm after taking up a controlling stake radical turnaround would be likely. As it goes downhill by gravity to sub 1kes, big boys leadership is now cornered and threatened by hostile takeover by young millionaires in town. This one will mint a hundred millionaires in a decade's time. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Apart from kcb which other listed company has been successfully turned around? possunt quia posse videntur
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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maka wrote:Apart from kcb which other listed company has been successfully turned around? uchumi for some days or months  "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:maka wrote:Apart from kcb which other listed company has been successfully turned around? uchumi for some days or months As long as this company is crushing 3000-4500 tons per day just half its full capacity of at least 7000 tons wider losses in the H2 are inevitable. 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:mlennyma wrote:maka wrote:Apart from kcb which other listed company has been successfully turned around? uchumi for some days or months As long as this company is crushing 3000-4500 tons per day just half its full capacity of at least 7000 tons wider losses in the H2 are inevitable. It is very difficult to break even when law materials supply is insufficient. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Impunity wrote:hisah wrote:That 3B rights issue talk has effectively cut any bullish legs here. At Sub_1 I will buying a million of this GEM. Has any Kenyan listed stock traded at 1 bob? I am waiting for it at 35cts by end of the year.
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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mawinder wrote:Impunity wrote:hisah wrote:That 3B rights issue talk has effectively cut any bullish legs here. At Sub_1 I will buying a million of this GEM. Has any Kenyan listed stock traded at 1 bob? I am waiting for it at 35cts by end of the year. the government had no intention to save mumias, it also needs someone to save it,so the shareholder will save themselves or die,iam waiting to see this rights below 1bob,hii lazma ninunue kama zile coins naweka kwa mkebe kwa nyumba na situmii iko na shares "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:mawinder wrote:Impunity wrote:hisah wrote:That 3B rights issue talk has effectively cut any bullish legs here. At Sub_1 I will buying a million of this GEM. Has any Kenyan listed stock traded at 1 bob? I am waiting for it at 35cts by end of the year. the government had no intention to save mumias, it also needs someone to save it,so the shareholder will save themselves or die,iam waiting to see this rights below 1bob Shareholders will save themselves through hostile takeover. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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Where's @Njunge? 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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Another week down, lets see what next week has to offer. Msijiroge sana. “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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