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Mumias Sugar huge demand
Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Impunity wrote:muandiwambeu wrote:HaMaina wrote:Njung'e wrote:The end is nigh. Breathing it's last and i think it will be no more come Monday the 27th. SAD!!! We have been breathing that last one for the past 4 years yet were still here. Tushazoea. The message is inline with wazua spirit, to inform. I like one man called maasai, if the signs of your departure are clear, you get a shave on your death bed and save the dependants the trouble of having to do it after passing out. Njun'nge has confirmed to have done the duties confered accordingly. What's remains is undertaker to be granted rights. Anxious. That will be lethal politically. Someone will hurt bad. . Will it be @Kidero or @Uhuru who will be hurt bad by Mumias closure? Methinks UK and I don't think he can allow it. The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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jerry wrote:Impunity wrote:muandiwambeu wrote:HaMaina wrote:Njung'e wrote:The end is nigh. Breathing it's last and i think it will be no more come Monday the 27th. SAD!!! We have been breathing that last one for the past 4 years yet were still here. Tushazoea. The message is inline with wazua spirit, to inform. I like one man called maasai, if the signs of your departure are clear, you get a shave on your death bed and save the dependants the trouble of having to do it after passing out. Njun'nge has confirmed to have done the duties confered accordingly. What's remains is undertaker to be granted rights. Anxious. That will be lethal politically. Someone will hurt bad. . Will it be @Kidero or @Uhuru who will be hurt bad by Mumias closure? Methinks UK and I don't think he can allow it. Their biggest problem is "lack of cane"....for UK to help is he expected to import cane from Brazil and bring it home for the damn crashers to work? 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: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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Gatheuzi wrote:jerry wrote:Impunity wrote:muandiwambeu wrote:HaMaina wrote:Njung'e wrote:The end is nigh. Breathing it's last and i think it will be no more come Monday the 27th. SAD!!! We have been breathing that last one for the past 4 years yet were still here. Tushazoea. The message is inline with wazua spirit, to inform. I like one man called maasai, if the signs of your departure are clear, you get a shave on your death bed and save the dependants the trouble of having to do it after passing out. Njun'nge has confirmed to have done the duties confered accordingly. What's remains is undertaker to be granted rights. Anxious. That will be lethal politically. Someone will hurt bad. . Will it be @Kidero or @Uhuru who will be hurt bad by Mumias closure? Methinks UK and I don't think he can allow it. Their biggest problem is "lack of cane"....for UK to help is he expected to import cane from Brazil and bring it home for the damn crashers to work? The two men should be arrested for attempted murder on the economy
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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jerry wrote:Impunity wrote:muandiwambeu wrote:HaMaina wrote:Njung'e wrote:The end is nigh. Breathing it's last and i think it will be no more come Monday the 27th. SAD!!! We have been breathing that last one for the past 4 years yet were still here. Tushazoea. The message is inline with wazua spirit, to inform. I like one man called maasai, if the signs of your departure are clear, you get a shave on your death bed and save the dependants the trouble of having to do it after passing out. Njun'nge has confirmed to have done the duties confered accordingly. What's remains is undertaker to be granted rights. Anxious. That will be lethal politically. Someone will hurt bad. . Will it be @Kidero or @Uhuru who will be hurt bad by Mumias closure? Methinks UK and I don't think he can allow it. Same here, and especially not in an election year. “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: Chief Joined: 8/4/2010 Posts: 8,977
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Becomes the second stock to trade below parity  Closed at 95 cents. Buy and hold investors since its IPO days have been destroyed $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:Becomes the second stock to trade below parity Closed at 95 cents. Buy and hold investors since its IPO days have been destroyed Didn't this stock list at 45? cane is bitter. Life is short. Live passionately.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:Becomes the second stock to trade below parity Closed at 95 cents. Buy and hold investors since its IPO days have been destroyed After playing PPT for several stocks, the market has decided to release a penny stock deluge. NSE never had any penny stocks in the proper sense of the word...now it does. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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sparkly wrote:hisah wrote:Becomes the second stock to trade below parity Closed at 95 cents. Buy and hold investors since its IPO days have been destroyed Didn't this stock list at 45? cane is bitter. It listed at Kshs 6.25... The 45 was rights issue
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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Two stocks in cents "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa
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Another 240million from the State
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Shak wrote:Another 240million from the State just wasting cash... possunt quia posse videntur
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Rank: Member Joined: 3/10/2009 Posts: 36
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@HaMaina,do we have any strategic turn-around plan for this company? Is there any possibility of reviving a company that lacks the main raw material for its operation?
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Sir Jones wrote:@HaMaina,do we have any strategic turn-around plan for this company? Is there any possibility of reviving a company that lacks the main raw material for its operation? I honestly don't see how any government national, county or regional can look aside as the livelihood of millions of Kenyans goes down. “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: 3/10/2009 Posts: 36
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Meaning that currently no strategy is in place to revive this thing. Whatever fund being pumped here is gimmick for the forthcoming election after that they may allow it to R.I.P.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Sir Jones wrote:Meaning that currently no strategy is in place to revive this thing. Whatever fund being pumped here is gimmick for the forthcoming election after that they may allow it to R.I.P. Lets wait and see, if that's the case then we should all be very shamed of calling ourselves Kenyans. “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: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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HaMaina wrote:Sir Jones wrote:@HaMaina,do we have any strategic turn-around plan for this company? Is there any possibility of reviving a company that lacks the main raw material for its operation? I honestly don't see how any government national, county or regional can look aside as the livelihood of millions of Kenyans goes down. So the bottomline is... it will likely be flushed down the toilet Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/10/2009 Posts: 36
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So it seems @VVS. There is no clear strategy on how the turnaround will be worked out and it's time frame. County government should have been in forefront to champion and assist in the formulation of revival strategy, since Mumias's activities in the area is crucial economic activity for it's people.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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With the 240 million bailout,let them buy seedlings and plant enough cane.If they dont have enough land let them use part of cash to buy some land.In two years time the problem of less cane to crush will be no more. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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