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Mumias Sugar huge demand
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streetwise
#1921 Posted : Wednesday, April 27, 2016 5:14:34 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
How come and we were sure there is no bail out money budgeted by treasury. Where did the money come from
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Spikes
#1922 Posted : Wednesday, April 27, 2016 5:25:00 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
streetwise wrote:
How come and we were sure there is no bail out money budgeted by treasury. Where did the money come from



It will be converted into stock in future. This is politics. Treasury is quiet on conversion for political reasons.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Spikes
#1923 Posted : Wednesday, April 27, 2016 5:26:41 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Spikes wrote:
streetwise wrote:
How come and we were sure there is no bail out money budgeted by treasury. Where did the money come from



It will be converted into stock in future. This is politics. Treasury is quiet on conversion for political reasons.



The way it was done in KQ.
Farmers own MSC stock too albeit burnt beyond recognition.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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HaMaina
#1924 Posted : Tuesday, May 03, 2016 10:21:24 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Yet another week in the sugar business,

Demand :- 2,229,300 Supply:- ZERO
“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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Spikes
#1925 Posted : Tuesday, May 03, 2016 10:29:11 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
HaMaina wrote:
Yet another week in the sugar business,

Demand :- 2,229,300 Supply:- ZERO



It is due to overselling pressure. That demand will collapse before reaching your average buy price!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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mlennyma
#1926 Posted : Tuesday, May 03, 2016 10:34:37 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Spikes wrote:
HaMaina wrote:
Yet another week in the sugar business,

Demand :- 2,229,300 Supply:- ZERO



It is due to overselling pressure. That demand will collapse before reaching your average buy price!

mumias changed from a normal stock to a speculative stock the time everything went negative
"Don't let the fear of losing be greater than the excitement of winning."
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HaMaina
#1927 Posted : Thursday, May 05, 2016 8:43:56 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Some more hot air.

https://www.youtube.com/watch?v=1o1COdavoiw
“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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Spikes
#1928 Posted : Tuesday, May 17, 2016 10:07:56 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
HaMaina wrote:
Some more hot air.

https://www.youtube.com/watch?v=1o1COdavoiw



Fattening a cow for slaughter.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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streetwise
#1929 Posted : Tuesday, May 17, 2016 11:03:07 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Are you trying to excite the market for any reason ?.
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HaMaina
#1930 Posted : Tuesday, May 17, 2016 11:10:40 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
streetwise wrote:
Are you trying to excite the market for any reason ?.


I've not touched it today.
“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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299 Pages«<191192193194195>»
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