Wazua
»
Investor
»
Stocks
»
Mumias results
Rank: Member Joined: 6/9/2009 Posts: 85
|
If this is the kind of results they could manage with the sugar selling prices at an all time high, and with COMESA safeguard measures expiring in 2012, then the future doesn't look good, does it?
|
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
I will say that since both revenues & PBT are up, then the results are not necessarily bad. Tax effect while important shouldn't be considered in isolation. I would have wanted them to finish the Tarda project by 2012. Let's see how the market will price the stock on Monday. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,622
|
@you'stop,the market will decide that,but looking at those results and with the challanges ahead from production and competition its a sell at current prices.
|
|
|
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
|
There'll be no sell-off on monday. This is the kk of the industrial sector. Its very strong . Your future depends on your dreams so go to sleep !
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
qw25041985 wrote:There'll be no sell-off on monday. This is the kk of the industrial sector. Its very strong . Qw. Pole man, fantasy market monday, ur going down son...lol
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,622
|
@qw, KK is IN the industrial sector.Maybe try asking how many in wazua would buy at current prices after those results,you might get a hint of where it goes from here.
|
|
|
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
|
@horton.Lol. U think i care abt fantasy market. I hav the real deal in the real market . And there'll b no sell-off . Let ment bore u w/ my reasons but there's no sell-off . Your future depends on your dreams so go to sleep !
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Ai qw. Hata kama ni shorthand. Sometimes we can't follow. I doubt writing full words will 'waste' that much time. Hauongei na dame yako facebook  On mumias, price will fall. It will be a miracle if it doesn't. But whether people will get to pick some up below ten, that is another question GOD BLESS YOUR LIFE
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
youcan'tstopusnow wrote:Ai qw. Hata kama ni shorthand. Sometimes we can't follow. I doubt writing full words will 'waste' that much time. Hauongei na dame yako facebook On mumias, price will fall. It will be a miracle if it doesn't. But whether people will get to pick some up below ten, that is another question @ycsun hahaha 
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,229 Location: Nairobi
|
@the deal - Nonsense... Mumias gets paid much better than KenGen for electricity... Higher input costs for supply of electricity will filter down to the consumers... The main business is SUGAR... & until Kenya reforms the Sugar Act... there is little long-term hope! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
|
@y. Its just swagg at its fullest . Your future depends on your dreams so go to sleep !
|
|
|
Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
|
Looking at Mumias results, two things stand out: 1)Of its Ksh18bn revenue, only Ksh359m is from cogeneration. Some quacks in the old Sk were saying cogeneration sijui would increase revenue by Ksh1bn per year of sijui even Ksh10bn. Dream on. Mumias is an agricultural stock whose fortunes are linked to the weather.It must get the TARDA project going for any meaningful growth. 2)The Ksh4bn increase in revenue from last mainly came from sugar price increases. Sugar harvesting only increased by a paltry 7%. TARDA is key to Mumias' future. The Governor of Nyeri - 2017
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
first kenya re then safaricom now mumias. WTF!!!!! @qw... lets face facts... with a dividend yield of 2.9% and a P/E of 13.2 then the market has to offer some sort of punishment because money flows into counters that offer value. and another thing is that mumias will have flat performance next year due to stable sugar prices so why would i as an investor buy. as an investor with experience i know exactly when to cut my losses and run when it is necessary(like i did with safcom @5.4 and kenya re @13.3) good thing i always sell at a profit becuase i got into mumias at 10bob... @njunge i've officially crowned you SUGAR MASTER!!! BYE BYE mumias..... Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 5/27/2008 Posts: 3,760
|
Got it wrong on this one, got it wrong on KQ, will I bite the dust also with Sasini? Bought all three on the run up to announcement (KQ 54.50, Mumias 12.85, Sasini 13.50) , all seem to have been bad calls--unless Sasini delivers.
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Gordon Gekko wrote:Got it wrong on this one, got it wrong on KQ, will I bite the dust also with Sasini? Bought all three on the run up to announcement (KQ 54.50, Mumias 12.85, Sasini 13.50) , all seem to have been bad calls--unless Sasini delivers. @GG trading on anticipation of good earnings is reckless...on MSC u will bite the dust for sure...be worried of Sasini due to low coffe prices..on KQ sleep well./.
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Hahaha @guru u have aulready sold your MSC on the fantansy market...perhaps you should change your investment philosophy...follow the Contrarian....lets buy DTBK....
|
|
|
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
|
There's NOTHING wrong w/ Msc . And i shout from the top of my voice there'll be no sell-off come Monday. I see the price holding, coz it'll be foolish 2 say there'll b a rally. That's the situation come Monday. @gg . U are definately wrong on sasini but right on KQ and MSC . Your future depends on your dreams so go to sleep !
|
|
|
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
|
@ Njunge and all MSC haters.please this and forever shut your mouths (No Pun intended) lol .aND U STILL THOUGHT there was goin to be a sell-off.Some dudes even placin orders at Ksh 10.00 ????????????????????? http://www.standardmedia...14&j=&m=&d= Your future depends on your dreams so go to sleep !
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
@GG talking technicals sasini is forming a descending triangle. It will soon break out - downwards. On fundamentals side you know their profits are usually from biological gains. UZA. Gordon Gekko wrote:Got it wrong on this one, got it wrong on KQ, will I bite the dust also with Sasini? Bought all three on the run up to announcement (KQ 54.50, Mumias 12.85, Sasini 13.50) , all seem to have been bad calls--unless Sasini delivers. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
@qw what do you base your decision on when buying a stock...a media report or EPS..DIVIDEND...PE..outlook...NAV...my broda sell if u can on Monday...waiting will just be postponding your death...MSC is a HOLD..
|
|
|
Wazua
»
Investor
»
Stocks
»
Mumias results
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|