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Mumias to start Tana Sugar Belt
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Impunity
#11 Posted : Wednesday, February 08, 2012 12:44:29 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
I will deep my fingers in the sukari jar when it touches a low of sufferingcon or paka ranges.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Kihangeri
#12 Posted : Wednesday, February 08, 2012 3:22:13 PM
Rank: User

Joined: 11/10/2010
Posts: 550
Location: Junction
Njung'e wrote:
2deal,
Don't celebrate yet.I would be very glad if this happened.It's actually something i have campaigned seriously for but you realise Nzoia is a parastatal and therefore,it's sale in part or in toto is subject to the privatisation committee.Ga'ment procurement procedure demands for competetive bidding and probably the only way to circumvent this is by a cabinet resolution.I am not aware of one but again,being an erection year,anything liquid may go.....For me it's fingers closed.


Excellent remarks here.
By inference, the man is all that Mr Phantom is not: an untrustworthy radical, divisive, too many enemies, a dictator, and a persistent liar...
Gaitho dialogues.
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Kihangeri
#13 Posted : Wednesday, February 08, 2012 3:33:45 PM
Rank: User

Joined: 11/10/2010
Posts: 550
Location: Junction
With retained earnings of 7.8 billion currently, Mumias is a serious company. On purchasing Nzoia, is it prudent to issue a bonus share for converting the retained earnings into capital? Njung'e saidia hapa.
By inference, the man is all that Mr Phantom is not: an untrustworthy radical, divisive, too many enemies, a dictator, and a persistent liar...
Gaitho dialogues.
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Aguytrying
#14 Posted : Thursday, February 09, 2012 12:03:18 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Impunity wrote:
I will deep my fingers in the sukari jar when it touches a low of sufferingcon or paka ranges.

so in short, never.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Cde Monomotapa
#15 Posted : Thursday, February 09, 2012 8:46:30 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Aguytrying wrote:
Impunity wrote:
I will deep my fingers in the sukari jar when it touches a low of sufferingcon or paka ranges.

so in short, never.
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youcan'tstopusnow
#16 Posted : Monday, February 13, 2012 11:30:34 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Looks set to drop this one...
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#17 Posted : Tuesday, February 14, 2012 2:18:18 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The listed firm said the ethanol plant, which was supposed to start operations last month, will now begin production in May with the lost production time slashing full-year output projections by two thirds.
Finance director Peter Kebati said the plant was supposed to contribute Sh600 million in revenue, but the figure for the financial year has been revised to between Sh200 million and Sh250 million.
http://www.businessdaily.../-/4w084jz/-/index.html
GOD BLESS YOUR LIFE
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ProverB
#18 Posted : Tuesday, February 14, 2012 10:05:21 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
i remember buying mumias at 3bob awhile back..and exited at 7.... seeing it @4.50 makes me giddy!! :)
..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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lovely2010
#19 Posted : Tuesday, February 14, 2012 7:21:07 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
mkonomtupu wrote:
I think the problem with mumias is slow execution of their business plan, they have taken forever to just get started on the ethanol production and the bottled water project, they will take forever on this Tarda project...i think that's the problem when you have an MD who is running for political office. I wouldn't give them a penny unless they change their ways


There is a new MD coming...they announced the politician is resigning...
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Aguytrying
#20 Posted : Wednesday, February 15, 2012 6:59:28 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I'm just wondering how much lower this share can go, it's already at a discount. Rights issues, post bonus have no respect for any share.
The investor's chief problem - and even his worst enemy - is likely to be himself
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