Wazua
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Mumias Sugar huge demand
Rank: New-farer Joined: 2/19/2016 Posts: 31 Location: Kenya
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A Sleeping Giant is what this is. Usimwone simba kanyeshewa ukadhani paka! The Best is Yet to Come
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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koscielny wrote:A Sleeping Giant is what this is.
Usimwone simba kanyeshewa ukadhani paka! This is better that @Obiero's. 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:koscielny wrote:A Sleeping Giant is what this is.
Usimwone simba kanyeshewa ukadhani paka! This is better that @Obiero's. Usiseme hivyo! @Obiero's The Pride of Africa. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Spikes wrote:Impunity wrote:koscielny wrote:A Sleeping Giant is what this is.
Usimwone simba kanyeshewa ukadhani paka! This is better that @Obiero's. Usiseme hivyo! @Obiero's The Pride of Africa. the year was 2006, when I had a stunt somewhere along machakos road, my office was quite and a little boring that day, only to be interrupted by this man. he need my advice on a few things to do with built environment, but had missed the right office. but all in all he was banking on liquidating this stock to put up six five storey blocks of flats in high R. now the plans were all ready but need a further tuneup here and there. we hit on and become buddies as I shown my friend where to get sorted out. he was sorted out at 100k consultation fee, quite moderate by my friends measure. but this simba started getting the beating from the rains in relentlessly. and for sure a beating from 60s to 30s was not a kind beating. so we meet again later around city hall with my friend and had suffered a mild stroke from the shock. that was the year 2007/08 or there about. no flats and regretting the stocks idea. I have not heard from my friend since. so, when you say hii simba imenyeshewa jua labda pia amebugia na akazama kwa hill ndibwi la maji mvua na akazama kuzimia. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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muandiwambeu wrote:Spikes wrote:Impunity wrote:koscielny wrote:A Sleeping Giant is what this is.
Usimwone simba kanyeshewa ukadhani paka! This is better that @Obiero's. Usiseme hivyo! @Obiero's The Pride of Africa. the year was 2006, when I had a stunt somewhere along machakos road, my office was quite and a little boring that day, only to be interrupted by this man. he need my advice on a few things to do with built environment, but had missed the right office. but all in all he was banking on liquidating this stock to put up six five storey blocks of flats in high R. now the plans were all ready but need a further tuneup here and there. we hit on and become buddies as I shown my friend where to get sorted out. he was sorted out at 100k consultation fee, quite moderate by my friends measure. but this simba started getting the beating from the rains in relentlessly. and for sure a beating from 60s to 30s was not a kind beating. so we meet again later around city hall with my friend and had suffered a mild stroke from the shock. that was the year 2007/08 or there about. no flats and regretting the stocks idea. I have not heard from my friend since. so, when you say hii simba imenyeshewa jua labda pia amebugia na akazama kwa hill ndibwi la maji mvua na akazama kuzimia. Pole. Did you check on your pal when the floods subsided? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Could this be the reason why this stock has taken such a beating over the past 2 days? Court halts privatization of sugar factories for 2 monthshttp://www.capitalfm.co....ugar-factories-2-months/“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]Could this be the reason why this stock has taken such a beating over the past 2 days? Court halts privatization of sugar factories for 2 monthshttp://www.capitalfm.co....gar-factories-2-months/[/quote] This is not the reason. Let me help you. 1. Deputy President went to MSC incognito and made remarks which suggested no bailout. He said the government has challenges rolling out rights issue. 2. Another news in the EastAfrican newspaper said CMA has stopped rights issue at MSC. CMA has commissioned a team of auditors to scrutinize the true financial position of the company. 3. MSC board chairman Dan Ameyo said the market is pessimistic for a cash call. 4. CS Henry Rotich said MSC has not written to Treasury to request for rights issue participation by government. 5. Dan Ameyo said they will seek funds elsewhere. Is not clear whether the board will go for a bank loan or strategic investor. All those points above and half raw material crushing at MSC of 3500 tons per day down from 7000 tons full capacity adds to the beating you are witnessing. Privatisation for now is immaterial to cause a tilt in share price. 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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It looks like there is a lot of interest in this stock.
I sugest we buy controlling shares then decide what needs to be done to bring the co back to profitability
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Whatever the case Comesa safeguards expire in the next 10 months. “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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HaMaina wrote:Whatever the case Comesa safeguards expire in the next 10 months. I will explain to you the implications of the above points and how the market reacts towards them. Now I am busy just later in the evening. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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streetwise wrote:It looks like there is a lot of interest in this stock.
I sugest we buy controlling shares then decide what needs to be done to bring the co back to profitability That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share..
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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iris wrote:streetwise wrote:It looks like there is a lot of interest in this stock.
I sugest we buy controlling shares then decide what needs to be done to bring the co back to profitability That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. http://www.theeastafrica.../-/wrurs1z/-/index.html
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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iris wrote:streetwise wrote:It looks like there is a lot of interest in this stock.
I sugest we buy controlling shares then decide what needs to be done to bring the co back to profitability That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. It will be very hard bearing in mind that this is a community controlled company and government factor,politics will always be at our door steps and nothing meaningful development wise can be achieved. The idea will work only if mumias has its own sugar plantation field to satisfy its full capacity thus delinking it from the community and government is not a majority shareholder thus we will be able to influence at board level, other plans are just exercise in futility There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Member Joined: 9/3/2015 Posts: 118 Location: Nairobi
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iris wrote:streetwise wrote:It looks like there is a lot of interest in this stock.
I sugest we buy controlling shares then decide what needs to be done to bring the co back to profitability That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. At a shilling it would be a very smart investment,instead of chasing after ownership of black gold companies white gold would be way better
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Musimo wrote:iris wrote:streetwise wrote:It looks like there is a lot of interest in this stock.
I sugest we buy controlling shares then decide what needs to be done to bring the co back to profitability That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. At a shilling it would be a very smart investment,instead of chasing after ownership of black gold companies white gold would be way better As bad news keeps rolling in this counter will dampen the moods of many speculators. It will trade sub 1bob very soon. It will remain sub 1 bob for long as the next move by government and management will be nasty to market participants. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: New-farer Joined: 8/19/2015 Posts: 25
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Take advantage of the bad news and collect more...the company isnt closing and like i said millionaires will be made and panic sellers will be poor.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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mzitoaggrey wrote:Take advantage of the bad news and collect more...the company isnt closing and like i said millionaires will be made and panic sellers will be poor. The fear seems to have subsided and people are buying. “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: Veteran Joined: 4/23/2014 Posts: 909
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A British company, millers line up to buy struggling sugar firmshttp://www.standardmedia...-struggling-sugar-firms
“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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The problem with this process is pushed forward by the courts to 2017. The risk of politics brought into this sugar industry for individual gains. It is about politicians to make campaign money to propel them to power. There is deliberate sabotage on the sweetener sector. The turnaround strategy at MSC has been hijacked by opportunistic criminal cartels closely associated to politicians. I don't see legislative will to resuscitate MSC to life. Not until 2017 elections headwinds have subsided. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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