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Mumias Sugar HY2013/14
MaichBlack
#211 Posted : Friday, November 21, 2014 9:46:18 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,858
mlennyma wrote:
Our emergency team has started receiving casualties of the imaginary rally

How is business doing? Patient numbers?
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
urstill1
#212 Posted : Friday, November 21, 2014 10:05:46 AM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
Since April last year I have been buying Mumias. My first batch was bought at over 4 bob. Against some wazuans advice, I averaged down to 3.5 bob when it got to 3 and and 2.5. The short time it went to 4, I sold nothing!! I averaged down again at 2 both. Last week when it got 1.35-1.45 range, I stocked over 200k shares at 1.4-1.45 range. This money was from other counters that I had paper gains, e.g Total, CG and and Unga. Today I have sold all the batch I bought at 1.4 at 2 and now waiting to either offload the ones bought at 1.45 at >2.10 or stock more at <1.5. It's not everyday that you make over 42% gross profit within a week. The ones I bought at >=2 are to be held for the next three years, at least.

NB: Patiently waiting for KQ at 7-7.5 range. I have a huge portfolio of share.
mlennyma
#213 Posted : Friday, November 21, 2014 10:54:04 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
You can only harvest if u planted.tule na macho
"Don't let the fear of losing be greater than the excitement of winning."
The optimist
#214 Posted : Friday, November 21, 2014 11:08:00 AM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
I preferred to keep off and watch. I'm surely watching the ride.
RearView
#215 Posted : Friday, November 21, 2014 12:20:06 PM
Rank: New-farer

Joined: 3/16/2014
Posts: 12
Location: Kisumu
The optimist wrote:
I preferred to keep off and watch. I'm surely watching the ride.

With over 5B debt and 2.7B loss, I am still at loss what makes this counter hot. Could it be at the bargain price someone/group were softly taking over the company?
Kihara joni
#216 Posted : Friday, November 21, 2014 2:18:21 PM
Rank: Member

Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
I remember asking what it takes to have a board seat in these NSE companies, and being a major share holder was one but you guys refused to sell fiufiu
obiero
#217 Posted : Friday, December 05, 2014 7:35:42 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,238
Location: nairobi
hawa watu wanajaribu kunilazimisha kuuza kq washindwe kabisa. chunga mali yako na nichunge yangu.. in other news, do you guys now believe what I told u about Mumias going down?? or how do u expect the firm to post a profit when there are no goods on the shelves?? ghost turnover??

streetwise
#218 Posted : Saturday, December 06, 2014 11:34:41 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Any wazua attending the agm
whiteowl
#219 Posted : Sunday, December 07, 2014 10:27:17 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
obiero wrote:
hawa watu wanajaribu kunilazimisha kuuza kq washindwe kabisa. chunga mali yako na nichunge yangu.. in other news, do you guys now believe what I told u about Mumias going down?? or how do u expect the firm to post a profit when there are no goods on the shelves?? ghost turnover??

Anything is possible on the NSE
jerry
#220 Posted : Sunday, December 07, 2014 11:07:28 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
whiteowl wrote:
obiero wrote:
hawa watu wanajaribu kunilazimisha kuuza kq washindwe kabisa. chunga mali yako na nichunge yangu.. in other news, do you guys now believe what I told u about Mumias going down?? or how do u expect the firm to post a profit when there are no goods on the shelves?? ghost turnover??

Anything is possible on the NSE

45 days ziliisha?
The opposite of courage is not cowardice, it's conformity.
24 Pages«<2021222324>
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