Wazua
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Mumias Sugar huge demand
Rank: User Joined: 1/20/2014 Posts: 3,528
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Funny that this crap and Obiero Airways are still alive!  Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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These are Gova projects that will never die, remember they are so important the Finance CS had to mention them in the budget speech
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Rank: New-farer Joined: 8/19/2015 Posts: 25
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Have MSCExit after long time of unyielding patriotism am fully on aboard KENGEN.
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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 streetwise wrote:These are Gova projects that will never die, remember they are so important the Finance CS had to mention them in the budget speech Watch and Listen and Live
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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A wounded giant has printed a new low na bado! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 9/9/2015 Posts: 233
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Spikes wrote:A wounded giant has printed a new low na bado! You do remember Panpaper, Rivertex, Oil refinery at Mombasa, et al. Kwanza Mumias, thats a rabid dog that belongs to the neighbour. KQ, the industry then the management... Can we discuss Simba, Kk, anything else "Buy when there's blood in the streets, even if the blood is your own."
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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You have no-one but yourself to blame for buying shares in GoK controlled (or significantly influenced) firms.  NBK EAPCC Mumias KPLC - Profitable but  KenGen - Profitable but Even KCB - Profitable but my gut feeling says no at the moment coz of NPLs. My only (significant) GoK-controlled firm is KenRe but I will bail - at a loss - on it if I feel uncomfortable. Also include Matu and Merali on the list of folks whose firms I avoid. Then there are firms like HAFR, TransCentury, NBV, etc that I think are run by conmen. HAFR has changed its management but I am staying away for now! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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What happens when a stock drops to 1 bob. can it be allowed to trade in the cents range? KEGN, KPLC, KQ, SCOM
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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mkate_nusu wrote:What happens when a stock drops to 1 bob. can it be allowed to trade in the cents range? It should be allowed to trade all the way down to Kes 0.01 Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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The govt is only using this company for poltical gains.Otherwise this is a dead rubber. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Alot of negative sentiments on this counter, Na Bado I'm still on this ship. 8 more months to D-Day then I shall truly know if I was right or not. “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: New-farer Joined: 8/19/2015 Posts: 25
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My exit yesterday caused the tumble, its going to be a beating, as someone said 1 bob will be inevitable. Fare thee well MSC.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Ebenyo wrote:The govt is only using this company for poltical gains.Otherwise this is a dead rubber. @Hamaina bailout now you wait a big plunge to 0.05/- to wipe you tears of a loss from 6/-. You will own a huge volume by reentering at the lowest price at the exchange. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: New-farer Joined: 2/19/2016 Posts: 31 Location: Kenya
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VituVingiSana wrote:You have no-one but yourself to blame for buying shares in GoK controlled (or significantly influenced) firms. NBK EAPCC Mumias KPLC - Profitable but KenGen - Profitable but Even KCB - Profitable but my gut feeling says no at the moment coz of NPLs. My only (significant) GoK-controlled firm is KenRe but I will bail - at a loss - on it if I feel uncomfortable. Also include Matu and Merali on the list of folks whose firms I avoid. Then there are firms like HAFR, TransCentury, NBV, etc that I think are run by conmen. HAFR has changed its management but I am staying away for now! @VVS what about the DJ's Centum? The Best is Yet to Come
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Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
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The saviour for Mumias would have been the TARDA project but there was lack of visionary leadership.The results are now been seen. You reap what you plant. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Tomorrow a new financial year begins,the seemingly bad news have not changed the price much. Hata 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: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Gatheuzi wrote:mkate_nusu wrote:What happens when a stock drops to 1 bob. can it be allowed to trade in the cents range? It should be allowed to trade all the way down to Kes 0.01 These soon to be penny/cent stocks shall trap more unsuspecting wanjikus thinking they are cheap KEGN, KPLC, KQ, SCOM
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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 “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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http://www.mumias-sugar....ing-court-injuction.pdf
“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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[ b]Mumias criticised over low sugar price[/b] http://www.businessdaily.../-/ew3a5nz/-/index.html
Companies hate being beaten at their own game!!!!!! “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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