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Mumias Sugar huge demand
S.Mutaga III
#101 Posted : Friday, November 30, 2012 1:52:59 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
Njung'e wrote:
@Mutaga,

Waiting for you down here.It's hard ground and there is nothing to break your fallPray ....I will do with what remains of yousmile

thats why am not adding onto a sinking ship...
A successful man is not he who gets the best, it is he who makes the best from what he gets.
MoneyMonger
#102 Posted : Wednesday, December 05, 2012 6:20:05 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
This is not interesting for the sugar industry.

http://www.standardmedia...rms-on-brink-of-collapse
There is nothing as dangerous as an Idea, when there is only one Idea
Mastermind
#103 Posted : Thursday, December 13, 2012 2:17:52 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
Mumias Sugar Company (MSC) is mulling to establish a milk processing plant after it launched a farmers’ dairy project to boost cane production and create additional income for grower.

RINK
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
hisah
#104 Posted : Thursday, December 13, 2012 2:35:08 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mastermind wrote:
Mumias Sugar Company (MSC) is mulling to establish a milk processing plant after it launched a farmers’ dairy project to boost cane production and create additional income for grower.

RINK

Wow! Didn't know it was possible to turn sugar into milk. So the end product will be sugared milk... d'oh!

No wonder net selling by foreigners today.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
VituVingiSana
#105 Posted : Thursday, December 13, 2012 3:07:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Sugar, Water, Power, Mollases are all related... The processes can feed off each other.

How is milk related to the business?
What is Mumias upto? What next? Horticulture? Property development?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#106 Posted : Thursday, December 13, 2012 3:22:21 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
Sugar, Water, Power, Mollases are all related... The processes can feed off each other.

How is milk related to the business?
What is Mumias upto? What next? Horticulture? Property development?

"farmers will be
encouraged to use farm yard manure to improve cane yields"smile
Anyway, they say there is a huge potential in the dairy market. How is TARDA doing?
GOD BLESS YOUR LIFE
guru267
#107 Posted : Saturday, December 15, 2012 6:14:11 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
How is TARDA doing?


I guess its not doing anything yet since they haven't launched their proposed 15billion rights issue that will finance the project!

There is massive dilution coming to mumias shareholders!
Mark 12:29
Deuteronomy 4:16
hisah
#108 Posted : Saturday, December 15, 2012 8:43:03 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
youcan'tstopusnow wrote:
How is TARDA doing?


I guess its not doing anything yet since they haven't launched their proposed 15billion rights issue that will finance the project!

There is massive dilution coming to mumias shareholders!

A KQ like rights issue? If so, then the rights price will be in the Kes 1s range. Add that dilution to the current liquid shares, we might have a sub 1/- trading candidate...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
guru267
#109 Posted : Saturday, December 15, 2012 12:27:38 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
guru267 wrote:
youcan'tstopusnow wrote:
How is TARDA doing?


I guess its not doing anything yet since they haven't launched their proposed 15billion rights issue that will finance the project!

There is massive dilution coming to mumias shareholders!

A KQ like rights issue? If so, then the rights price will be in the Kes 1s range. Add that dilution to the current liquid shares, we might have a sub 1/- trading candidate...


Im thinking 5billion shares at 3bob rights price!

This will make it a 3:1 rights issue...
Mark 12:29
Deuteronomy 4:16
S.Mutaga III
#110 Posted : Saturday, December 15, 2012 12:45:16 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
guru267 wrote:
hisah wrote:
guru267 wrote:
youcan'tstopusnow wrote:
How is TARDA doing?


I guess its not doing anything yet since they haven't launched their proposed 15billion rights issue that will finance the project!

There is massive dilution coming to mumias shareholders!

A KQ like rights issue? If so, then the rights price will be in the Kes 1s range. Add that dilution to the current liquid shares, we might have a sub 1/- trading candidate...


Im thinking 5billion shares at 3bob rights price!

This will make it a 3:1 rights issue...

how soon is the rights issue...is it likely to be done in 2013 or early 2014?
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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