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Mumias Sugar huge demand
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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So I ask myself why are British companies and other lining up to buy these sugar companies if the stories we see in the media about sugar industry in Kenya are true, i.e. comes safe guard, high production costs, no can etc.
Why would an investor invest in such a market where lose is assured.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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streetwise wrote:So I ask myself why are British companies and other lining up to buy these sugar companies if the stories we see in the media about sugar industry in Kenya are true, i.e. comes safe guard, high production costs, no can etc.
Why would an investor invest in such a market where lose is assured.
Once investors e.g British companies buy this ailing sugar companies the better. They will install modern plants which will increase production at low cost per ton of cane crushed. Cartels will be eliminated along the supply chain. Early maturing canes with high sucrose content will be introduced into farms. The overall cost of production will come down making Kenyan sugar industry competitive globally. 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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British firm is Tate and Lyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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mawinder wrote:British firm is Tate and Lyle selling the five and leaving mumias exposes mumias to more competition should deep pockets buy the rival firms "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:British firm is Tate and Lyle selling the five and leaving mumias exposes mumias to more competition should deep pockets buy the rival firms Which means the day the five are sold analysts will revise the MSC stock forecast and advice their clients to exit. This action will tank this stock further to the abyss. I have seen sub 1bob printing whichever the direction of the government. 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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Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. “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:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. 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 suggest you monitor Mac quarterly that was you may find some change in trend
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Spikes wrote:HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. Sub 50cents will be organic. 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:HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. Sub 50cents will be organic. It will hit there(sub50cents) as MSC runs medieval machinery prone to frequent breakdowns. High maintenance costs. Huge wastage compared to modern plants used in other parts of the world like Egypt,Brazil, S. Africa, Mauritius beyond developed continents. Greedy directors sitting every week to take home between 40-50k per meeting while they are turning around nothing. Government has pumped 500M+500M+1B=2B to date . No progress. Farmers and workers have not been paid. This is a time bomb waiting an outburst of industrial action . I don't think management and entire MSC leadership is prepared on how to quell the demonstrations and go slow at work place. No break even as the company crushes 50% of its full capacity of 7000 tons canes per day. CMA ordered an inquiry into the books of accounts before rolling out rights issue a clear sign the last loss report might have been wider than what was printed on newspapers. The time you will hear on authoritative media that CEO of MSC has resigned citing inherent poor strategy and red tape it wanna be the beginning of great tribulations. Anything is possible with this stock! 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:HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. Sub 50cents will be organic. It will hit there(sub50cents) as MSC runs medieval machinery prone to frequent breakdowns. High maintenance costs. Huge wastage compared to modern plants used in other parts of the world like Egypt,Brazil, S. Africa, Mauritius beyond developed continents. Greedy directors sitting every week to take home between 40-50k per meeting while they are turning around nothing. Government has pumped 500M+500M+1B=2B to date . No progress. Farmers and workers have not been paid. This is a time bomb waiting an outburst of industrial action . I don't think management and entire MSC leadership is prepared on how to quell the demonstrations and go slow at work place. No break even as the company crushes 50% of its full capacity of 7000 tons canes per day. CMA ordered an inquiry into the books of accounts before rolling out rights issue a clear sign the last loss report might have been wider than what was printed on newspapers. The time you will hear on authoritative media that CEO of MSC has resigned citing inherent poor strategy and red tape it wanna be the beginning of great tribulations. Anything is possible with this stock! Remember MSC chairman Mr Dan Ameyo admitted that the market as of now is bad for rights issue fearing a backlash of humiliating under subscription. 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:Spikes wrote:Impunity wrote:Spikes wrote:HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. Sub 50cents will be organic. It will hit there(sub50cents) as MSC runs medieval machinery prone to frequent breakdowns. High maintenance costs. Huge wastage compared to modern plants used in other parts of the world like Egypt,Brazil, S. Africa, Mauritius beyond developed continents. Greedy directors sitting every week to take home between 40-50k per meeting while they are turning around nothing. Government has pumped 500M+500M+1B=2B to date . No progress. Farmers and workers have not been paid. This is a time bomb waiting an outburst of industrial action . I don't think management and entire MSC leadership is prepared on how to quell the demonstrations and go slow at work place. No break even as the company crushes 50% of its full capacity of 7000 tons canes per day. CMA ordered an inquiry into the books of accounts before rolling out rights issue a clear sign the last loss report might have been wider than what was printed on newspapers. The time you will hear on authoritative media that CEO of MSC has resigned citing inherent poor strategy and red tape it wanna be the beginning of great tribulations. Anything is possible with this stock! Remember MSC chairman Mr Dan Ameyo admitted that the market as of now is bad for rights issue fearing a backlash of humiliating under subscription. It's bad now till kengen right issue had gone silent
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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enyands wrote:Spikes wrote:Spikes wrote:Impunity wrote:Spikes wrote:HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. Sub 50cents will be organic. It will hit there(sub50cents) as MSC runs medieval machinery prone to frequent breakdowns. High maintenance costs. Huge wastage compared to modern plants used in other parts of the world like Egypt,Brazil, S. Africa, Mauritius beyond developed continents. Greedy directors sitting every week to take home between 40-50k per meeting while they are turning around nothing. Government has pumped 500M+500M+1B=2B to date . No progress. Farmers and workers have not been paid. This is a time bomb waiting an outburst of industrial action . I don't think management and entire MSC leadership is prepared on how to quell the demonstrations and go slow at work place. No break even as the company crushes 50% of its full capacity of 7000 tons canes per day. CMA ordered an inquiry into the books of accounts before rolling out rights issue a clear sign the last loss report might have been wider than what was printed on newspapers. The time you will hear on authoritative media that CEO of MSC has resigned citing inherent poor strategy and red tape it wanna be the beginning of great tribulations. Anything is possible with this stock! Remember MSC chairman Mr Dan Ameyo admitted that the market as of now is bad for rights issue fearing a backlash of humiliating under subscription. It's bad now till kengen right issue had gone silent http://www.the-star.co.k...s-pockets-hard_c1313820
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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is this demand/supply 11,293,700:1,186,700 accurate, ama its more hot air? “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: 6/23/2011 Posts: 1,740 Location: Nairobi
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And supply gone to zero, what is the news.
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Rank: New-farer Joined: 8/19/2015 Posts: 25
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We don't have to act for news,this speculative attitude will burn your fingers,invest or quit. Time to continue adding volumes as you wait for news.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mzitoaggrey wrote:We don't have to act for news,this speculative attitude will burn your fingers,invest or quit. Time to continue adding volumes as you wait for news. It depends on the magnitude of the news! But for now most news on this counter are infertile. More waterloo news are expected than good ones. 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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Give Mumias more cash or forget Western, Jubilee toldhttp://www.the-star.co.k...n-jubilee-told_c1335632
-Question:- Does this Brown Sugar make you HIGH ? “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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If you have read through that news properly you will come to a conclusion that government is after votes. Why is it taking long to prosecute looters? And in my knowledge nobody will test the cold behind bars. No money or property will be confiscated. No bailout even if political noise rips off the roof tops. MSC is waiting for rights issue rollout. The cash call was approved by shareholders during AGM last year. Massive dilution is likely to raise 4B kes at the current price. Which means 3 rights for 1 share held. This is terrible. 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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Mumias Sugar gets Sh1.1bn more bailout cashhttp://www.nation.co.ke/...44/-/ry7o74/-/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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