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Mumias Sugar huge demand
JLwembe
#2021 Posted : Tuesday, August 30, 2016 5:21:12 PM
Rank: Hello


Joined: 9/19/2015
Posts: 1
Location: Nairobi
what's the point of losing the penny. Penny wise or penny fool?
Pesa Nane
#2022 Posted : Tuesday, August 30, 2016 6:27:57 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Sober wrote:
will this be the first counter to trade in cents? or has there been any other in the history of the NSE

Nope! I bought eveready them days in cents
Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#2023 Posted : Tuesday, August 30, 2016 7:04:05 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Pesa Nane wrote:
Sober wrote:
will this be the first counter to trade in cents? or has there been any other in the history of the NSE

Nope! I bought eveready them days in cents

Neveready smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
maka
#2024 Posted : Tuesday, August 30, 2016 7:37:19 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Pesa Nane wrote:
Sober wrote:
will this be the first counter to trade in cents? or has there been any other in the history of the NSE

Nope! I bought eveready them days in cents


I sold at 34 if am not wrong....
possunt quia posse videntur
HaMaina
#2025 Posted : Wednesday, August 31, 2016 9:52:31 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
maka wrote:
Pesa Nane wrote:
Sober wrote:
will this be the first counter to trade in cents? or has there been any other in the history of the NSE

Nope! I bought eveready them days in cents


I sold at 34 if am not wrong....


is there any particular reason why this thing is trading at 1.05 ama its just people offloading at low prices ?
“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
Spikes
#2026 Posted : Wednesday, August 31, 2016 11:27:53 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
HaMaina wrote:
maka wrote:
Pesa Nane wrote:
Sober wrote:
will this be the first counter to trade in cents? or has there been any other in the history of the NSE

Nope! I bought eveready them days in cents


I sold at 34 if am not wrong....


is there any particular reason why this thing is trading at 1.05 ama its just people offloading at low prices ?




When is full year results out?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
hisah
#2027 Posted : Monday, September 05, 2016 12:35:56 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Very very weak demand Pray Pray

This will go through the 1.00 handle and past 90cts very easily!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mkate_nusu
#2028 Posted : Monday, September 05, 2016 12:41:08 PM
Rank: Member


Joined: 5/30/2016
Posts: 332
Location: Kayole
HaMaina wrote:
maka wrote:
Pesa Nane wrote:
Sober wrote:
will this be the first counter to trade in cents? or has there been any other in the history of the NSE

Nope! I bought eveready them days in cents


I sold at 34 if am not wrong....


is there any particular reason why this thing is trading at 1.05 ama its just people offloading at low prices ?


I can see demand below 1 bob
KEGN, KPLC, KQ, SCOM
Impunity
#2029 Posted : Monday, September 05, 2016 12:47:24 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
hisah wrote:
Very very weak demand Pray Pray

This will go through the 1.00 handle and past 90cts very easily!


Penny stocks...aka kina Kq.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mawinder
#2030 Posted : Monday, September 05, 2016 5:05:23 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Impunity wrote:
hisah wrote:
Very very weak demand Pray Pray

This will go through the 1.00 handle and past 90cts very easily!


Penny stocks...aka kina Kq.

Impunity,I have revised my buying price of Mumias to 30cts.
streetwise
#2031 Posted : Monday, September 05, 2016 5:15:48 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I will place an order for 20 cents per unit and then I can become the chairman of the board
obiero
#2032 Posted : Monday, September 05, 2016 5:16:14 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
mawinder wrote:
Impunity wrote:
hisah wrote:
Very very weak demand Pray Pray

This will go through the 1.00 handle and past 90cts very easily!


Penny stocks...aka kina Kq.

Impunity,I have revised my buying price of Mumias to 30cts.

LOL. @mawinder.. U also invest?? But I will advise you against MSC, better place that cash in KQ

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Realtreaty
#2033 Posted : Monday, September 05, 2016 10:31:25 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,296
I am still buying. Imagine having 10000 Kes to buy 10000 shares and then the stock start behaving like Kenya Orchards!!!
VituVingiSana
#2034 Posted : Monday, September 05, 2016 11:08:39 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
streetwise wrote:
I will place an order for 20 cents per unit and then I can become the chairman of the board
Laughing out loudly Laughing out loudly Laughing out loudly How many shares does Mumias have? ... Lakini, the way things are going, you will be the Chairman of a bankrupt firm. Not that it has stopped KQ from losing more money!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#2035 Posted : Tuesday, September 06, 2016 7:20:02 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
Realtreaty wrote:
I am still buying. Imagine having 10000 Kes to buy 10000 shares and then the stock start behaving like Kenya Orchards!!!

Hmm. Imagine having the KES 10K held up by suspension ala Uchumi..

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Angelica _ann
#2036 Posted : Tuesday, September 06, 2016 7:23:12 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
obiero wrote:
Realtreaty wrote:
I am still buying. Imagine having 10000 Kes to buy 10000 shares and then the stock start behaving like Kenya Orchards!!!

Hmm. Imagine having the KES 10K held up by suspension ala Uchumi..

This one you can risk up-to 100k, money you can afford to lose smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mlennyma
#2037 Posted : Tuesday, September 06, 2016 9:15:55 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,182
Location: nairobi
Realtreaty wrote:
I am still buying. Imagine having 10000 Kes to buy 10000 shares and then the stock start behaving like Kenya Orchards!!!

a gamble,there are no efforts to improve supply of cane in mumias,govt efforts appear more cosmetic than real,how comes pan paper discussion comes to life before mumias is sorted out?
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#2038 Posted : Tuesday, September 06, 2016 9:46:51 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
mlennyma wrote:
Realtreaty wrote:
I am still buying. Imagine having 10000 Kes to buy 10000 shares and then the stock start behaving like Kenya Orchards!!!

a gamble,there are no efforts to improve supply of cane in mumias,govt efforts appear more cosmetic than real,how comes pan paper discussion comes to life before mumias is sorted out?

A terrible gamble

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Impunity
#2039 Posted : Tuesday, September 06, 2016 10:14:24 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
VituVingiSana wrote:
streetwise wrote:
I will place an order for 20 cents per unit and then I can become the chairman of the board
Laughing out loudly Laughing out loudly Laughing out loudly How many shares does Mumias have? ... Lakini, the way things are going, you will be the Chairman of a bankrupt firm. Not that it has stopped KQ from losing more money!


Mumias is "TBTF = Too Big To Fall"... I am actively buying to build up on this at Kes. 1 bob.
This weekend at Kasarani, JAP will announce that Mumias will be bailed with bla bla bla KES in order to bait the Western vote...Then come Friday next week the share hit Kes.1.50 and I dump to a dumb @wanjiku with 50% return in 14 days!

Watch me do this!

smile
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mkate_nusu
#2040 Posted : Tuesday, September 06, 2016 10:16:41 AM
Rank: Member


Joined: 5/30/2016
Posts: 332
Location: Kayole
Impunity wrote:
VituVingiSana wrote:
streetwise wrote:
I will place an order for 20 cents per unit and then I can become the chairman of the board
Laughing out loudly Laughing out loudly Laughing out loudly How many shares does Mumias have? ... Lakini, the way things are going, you will be the Chairman of a bankrupt firm. Not that it has stopped KQ from losing more money!


Mumias is "TBTF = Too Big To Fall"... I am actively buying to build up on this at Kes. 1 bob.
This weekend at Kasarani, JAP will announce that Mumias will be bailed with bla bla bla KES in order to bait the Western vote...Then come Friday next week the share hit Kes.1.50 and I dump to a dumb @wanjiku with 50% return in 14 days!

Watch me do this!

smile


Don't be surprised if you are the one trying to exit at 50 cents after your gamble

JLwembe wrote:
what's the point of losing the penny. Penny wise or penny fool?
KEGN, KPLC, KQ, SCOM
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