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Cooperative Bank versus Mumias.
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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I am of the same opinion. But the target price is surely nt ksh 16.00. It cant be. Ksh 15.00 is the year high. So the target has to b way high. Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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The government is taking too long on the privatisation of sugar firms. If Mumias gains control of a company like Nzoia it would mean more sugar, more electricity, more ethanol and ultimately greater profits(leading to a good rise in the share price) GOD BLESS YOUR LIFE
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@guru267. Lol. U ar clearly not a technical analyst. I am put in Co-OP a ksh 30.00 by the end of the year. If u ar looking at a growth stock CO-OP is definately one. Your future depends on your dreams so go to sleep !
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Rank: Member Joined: 4/22/2007 Posts: 96 Location: Agra, India
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qw25041985 wrote:@guru267. Lol. U ar clearly not a technical analyst. I am put in Co-OP a ksh 30.00 by the end of the year. If u ar looking at a growth stock CO-OP is definately one. 30 Bob by all means is ambitious considering Coop was doing 9.50 early this year but its a target. It's easy for investors to get emotional and prejudiced when trading, but computers don't
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@ guru257. Are you really sure. Wld investor be running to this share if they knw itsnt going to grow. I believe ksh 30.00 is in order come the end of the year. Who cld hav thought access kenya wld be a junk stock cam darling of so many investors. Those who trashd this stock i bet you are eating your own words. Lol. Your future depends on your dreams so go to sleep !
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Mumias will continue with it's good performance for as long as that ''price control something is not signed into law by Kibaki''. Mumias Sugar and Unga will be the biggest culprits of this populist act. But i suppose Kibaki will do what he does best.... hio act haitoshi.... hapanaaaaaaaaaa!! History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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YOY ,mumias will report 20-30% growth full year .The 500% first half rise in EPS was due to closure of the factory for maintenance activities in the previous year.
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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cnn wrote:YOY ,mumias will report 20-30% growth full year .The 500% first half rise in EPS was due to closure of the factory for maintenance activities in the previous year. @cnn, Nonsense.That's very misleading information. Nothing great was ever achieved without enthusiasm.
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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cnn wrote:YOY ,mumias will report 20-30% growth full year .The 500% first half rise in EPS was due to closure of the factory for maintenance activities in the previous year.  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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@Njunge,dont just bark,show where i am misleading.EPS for the half year to Dec 2008 was 11 cents.Low cane supply and plant closure in August 2008 were given as the reasons.It is from that low base that EPS rose to 68 cents as at 31st Dec 2009,a 500% increase.So if you expect the same at full year,dream on.
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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cnn wrote:EPS for the half year to Dec 2008 was 11 cents.Low cane supply and plant closure in August 2008 were given as the reasons.It is from that low base that EPS rose to 68 cents as at 31st Dec 2009,a 500% increase. Now, Isn't that just a bummer!  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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True, EPS last FY was KES 1.05, so if they repeat their feat for HY then expect FY EPS KES 1.36, 29% to 30% increase. A New Kenya
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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@cnn, I do not have a problem with the rise of EPS but the reasons therein given.Sugar industries all over the world take time out for annual maintenance.From many days back,this program was controlled by the ministry of agri to avoid stopping two sugar factories at any one given time.This period is referred to as OOC(Out Of Crop) but is more popular in countries where they have four seasons.Traditionally.MSC was allocated April but this was done away on privatization of the company.Annual stops now fall on the first month of the financial year unless and 2008/2009 was no exception.this year the period maybe between 4th or 8th to 25th or 28th....As you can see,you explanation of why the EPS shot up doesn't add up...and now that you know,go grab yourself a packet before they close coz Nzoia will follow almost immediately after. Nothing great was ever achieved without enthusiasm.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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@Njunge,dig up the half year to end of 2008 trading results.
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Rank: New-farer Joined: 6/17/2010 Posts: 71 Location: Kenya
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@ all Thanks. I have read well and taken my lessons. Will look at options and take decision, problem is I am a bit jittery over this Katiba thingy. Will most likely relook at options available come 5th August 2010. After Voting FOR the Katiba. When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
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Rank: Member Joined: 1/25/2009 Posts: 184 Location: For now El-Fashier - Darfur
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Where is the usually rally before MUMIAS SUGAR Company result announcement....or is there nothing to show. Over to you @Njunge the the sugar expertise... "A bad decision made now is beta that a good one made later!!"
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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underweight wrote:Where is the usually rally before MUMIAS SUGAR Company result announcement....or is there nothing to show. Over to you @Njunge the the sugar expertise... @underweight if the target after the results is 18.6bob then 14.4bob is fair... One should have bought at 10bob Mark 12:29
Deuteronomy 4:16
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@under... The target price is 19.50 . Stop short changin us .lol . Your future depends on your dreams so go to sleep !
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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qw25041985 wrote:@ guru257. Are you really sure. Wld investor be running to this share if they knw itsnt going to grow. I believe ksh 30.00 is in order come the end of the year. Who cld hav thought access kenya wld be a junk stock cam darling of so many investors. Those who trashd this stock i bet you are eating your own words. Lol. Yawn... AK @ 30/-??? Yeah, right... Another horrible pick from you know who... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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