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Mumias Sugar huge demand
Rank: Veteran Joined: 4/23/2014 Posts: 926
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Sugar factories roar to life again on December 1“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: 18,243 Location: Nairobi
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You have refused to let this die!  Mumias, Uchumi, ARM, etc are dead horses. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/23/2014 Posts: 926
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VituVingiSana wrote:You have refused to let this die! Mumias, Uchumi, ARM, etc are dead horses. Stock Market Motto : Die laughing always “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: 926
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Joy as Mumias Sugar finally begins operation“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: 18,243 Location: Nairobi
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It will not help Mumias shareholders since these assets are being operated by another party after the transfer. RIP. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,843 Location: nairobi
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HaMaina wrote:VituVingiSana wrote:You have refused to let this die! Mumias, Uchumi, ARM, etc are dead horses. Stock Market Motto : Die laughing always Atleast KQ stands a chance 😆
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 804,000 ABP 6.26; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 4/23/2014 Posts: 926
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VituVingiSana wrote:It will not help Mumias shareholders since these assets are being operated by another party after the transfer. RIP. I'll know for sure by June 2024,now it's too early to know. I think mumias is operating themselves like before those sarai 🤡🤡clown's, but we'll see next 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: 1/3/2007 Posts: 18,243 Location: Nairobi
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obiero wrote:HaMaina wrote:VituVingiSana wrote:You have refused to let this die! Mumias, Uchumi, ARM, etc are dead horses. Stock Market Motto : Die laughing always Atleast KQ stands a chance 😆 KQ is "dead" for Ordinary Shareholders. I buried the ARM ghost. Time for you to do so too! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,243 Location: Nairobi
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HaMaina wrote:VituVingiSana wrote:It will not help Mumias shareholders since these assets are being operated by another party after the transfer. RIP. I'll know for sure by June 2024,now it's too early to know. I think mumias is operating themselves like before those sarai 🤡🤡clown's, but we'll see next year. Good luck but it will likely be the same story in June 2024 or Sep 2024 or Dec 2024. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/23/2014 Posts: 926
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Happy New 2024 Wazuans. “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: 926
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State puts up five sugar millers for 20-year leases in revival plan“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: 6/23/2009 Posts: 13,843 Location: nairobi
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Rolling the dice
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 804,000 ABP 6.26; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/4/2009 Posts: 10,784 Location: NAIROBI
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Nothing tangible will happen Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/23/2014 Posts: 926
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High Court stops Gov't decision to lease four sugar companies“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: 926
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Sugar cane farmers lined up for hefty bonuses starting end of the 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: Elder Joined: 12/4/2009 Posts: 10,784 Location: NAIROBI
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Unbelievable and unlikely. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 8/16/2011 Posts: 2,358
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When is the suspension over. This thing should be free to trade!!!
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Rank: Member Joined: 2/15/2010 Posts: 155 Location: Kenya
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Pray what assets would Mumias(in receivership) control?
Don't the lease rent payments go to creditors and receiver managers?
But if Uchumi, a zombie is still trading why not.
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Rank: Elder Joined: 12/4/2009 Posts: 10,784 Location: NAIROBI
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Realtreaty wrote:When is the suspension over. This thing should be free to trade!!!
It is being used as a conduit of selling imported sugar. The branded sugar of Mumias in supermarket shelves is imported sugar. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/23/2014 Posts: 926
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Ericsson wrote:Realtreaty wrote:When is the suspension over. This thing should be free to trade!!!
It is being used as a conduit of selling imported sugar. The branded sugar of Mumias in supermarket shelves is imported sugar. I doubt that, Mumias shall soon begin trading. “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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