@youcan't...
YES. They only need to match this 2H to last years 2H to post a huge growth year end June 30th.

consider four weeks ago

MSCStart Price End Price Growth Vol
...........13.00 12.95 -0.38% 15,731,300

consider 3 months ago

MSCStart Price End Price Growth Vol
...........12.90 12.95 0.39% 70,761,900

consider 6 months ago

MSCStart Price End Price Growth Vol
...........8.90 12.95 45.51% 159,491,800

..slowed down don't you think?

likely calm before storm..waiting full year results release

The main growth in Mumias PAT for last year occured in 2nd half. i.e. they generated 1.6bn in full year; 90% of which was attributable to 2nd half (1.4bn).

This year we see a PAT of 1bn in first half. I would not expect this to be 10% of the results for full year like last year. If we optimistically project the second half to yield 100% of first half, this will bring PAT of another 1bn bringing the total PAT for the year to 2Bn.

Now compare 2bn this year to 1.6bn last year. This is a 29% growth compared to last year.

To achieve a 150% growth, the 2nd half will have to contribute 3bn (3 times more than first half). Well, Iam not a pessimist but this is very very unlikely!!!

All the same I could be wrong.

@ Gatheuzi
Nimejisomea, nimejiamulia na nimejichagulia - thanks to you. I am the wiser now.
I got the books but never looked at how the the 2H of the FY contributed to the final 1.6B. Looked at the cake and forgot the ingredients.

@cnn
thanks too.

I will now relook at where to place my few shillings. I have tried to stay 40% liquid so as to take advantage of the anticipated fluctuations in the market.

Any dentist in the house?

@pkoli these guys are going to diverse their revenues to increase co generation, water bottling and ethanol production... Plus they had HUGE positive cashflows which makes me smell a higher dividend

Did i hear somebody complainin of toothache ? Yes !? Dentist here @guru open your mouth and say aaaaaaaaaaaaaaaaaah !!!!

@Pkoli i think you should just wait for the results which will be higher than 3billion PBT.... Mumias gets an 80% profit margin on co generation so if KPLC raises the amount they pay then the better for me

There is some huge supply of MSC shares. I think the price should end lower today

@VVS

The loan is in yen and they get paid the tariff in US$. Does this mitigate against the forex fluctuations?

On the bagasse side for disposal, I agree with you, that is a big plus. May be when the financials are out have a forensic look at their books and those fine print notes. In particular evaluate the cogen part of revenue and all the associated costs.