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Mumias Sugar huge demand
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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How come and we were sure there is no bail out money budgeted by treasury. Where did the money come from
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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streetwise wrote:How come and we were sure there is no bail out money budgeted by treasury. Where did the money come from It will be converted into stock in future. This is politics. Treasury is quiet on conversion for political reasons. 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:streetwise wrote:How come and we were sure there is no bail out money budgeted by treasury. Where did the money come from It will be converted into stock in future. This is politics. Treasury is quiet on conversion for political reasons. The way it was done in KQ. Farmers own MSC stock too albeit burnt beyond recognition. 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 in the sugar business, Demand :- 2,229,300 Supply:- ZERO“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 in the sugar business,
Demand :- 2,229,300 Supply:- ZERO
It is due to overselling pressure. That demand will collapse before reaching your average buy price! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Spikes wrote:HaMaina wrote:Yet another week in the sugar business,
Demand :- 2,229,300 Supply:- ZERO
It is due to overselling pressure. That demand will collapse before reaching your average buy price! mumias changed from a normal stock to a speculative stock the time everything went negative "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Some more hot air. https://www.youtube.com/watch?v=1o1COdavoiw “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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Fattening a cow for slaughter. 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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Are you trying to excite the market for any reason ?.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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streetwise wrote:Are you trying to excite the market for any reason ?. I've not touched it today. “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: 4/4/2016 Posts: 1,997 Location: Kitale
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Speculators are finding something in both mumias and kq.But long term investors will not get anything in the next 10-20 years.The kenya sugar sector is not bright.Cheap sugar from brazil is finding its way into the local market.How will mumias cope? Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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Ebenyo wrote:Speculators are finding something in both mumias and kq.But long term investors will not get anything in the next 10-20 years.The kenya sugar sector is not bright.Cheap sugar from brazil is finding its way into the local market.How will mumias cope? Those comparing Mumias & KQ must have interesting IQ scores
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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obiero wrote:Ebenyo wrote:Speculators are finding something in both mumias and kq.But long term investors will not get anything in the next 10-20 years.The kenya sugar sector is not bright.Cheap sugar from brazil is finding its way into the local market.How will mumias cope? Those comparing Mumias & KQ must have interesting IQ scores That's possible, I'm one of them! “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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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Money know no boundaries.
Walilipwa to keep quiet
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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But you are the same guys who buy the stock... possunt quia posse videntur
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Another stagnant price but high volume week down, they better have something new for next week, I don't see them mentioned in the budget summery. “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: 8/28/2015 Posts: 1,247
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HaMaina wrote:obiero wrote:Ebenyo wrote:Speculators are finding something in both mumias and kaput long term investors will not get anything in the next 10-20 years.The kenya sugar sector is not bright.Cheap sugar from brazil is finding its way into the local market.How will mumias cope? Those comparing Mumias & KQ must have interesting IQ scores That's possible, I'm one of them!  ,  so soon since I may be bidding MSc and KQ in negative territories will you be willing to put ask me me to take your rights in these troubled companies for a treat. How will it be played out, someone with an idea share and inform us to know. ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Rank: Member Joined: 9/9/2015 Posts: 233
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The eve of the big day. Kesho sijui ama watu watakua wazua. Kila mtu kwa news na rebalancing portfolios. Interesting to watch "Buy when there's blood in the streets, even if the blood is your own."
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