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Mumias Sugar huge demand
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maka
#2211 Posted : Thursday, March 23, 2017 5:48:44 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Shak wrote:
Another 240million from the State



just wasting cash...
possunt quia posse videntur
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HaMaina
#2212 Posted : Friday, March 24, 2017 8:39:51 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
maka wrote:
Shak wrote:
Another 240million from the State


just wasting cash...


I'm also with the state, if the money goes with the wind then so be it, I shall have a beer with a tear in my eye, If it recovers then I shall have a beer with a smile on my face. Either way I shall have a beer.smile smile smile smile smile smile smile smile smile
“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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Sir Jones
#2213 Posted : Friday, March 24, 2017 8:49:56 AM
Rank: Member

Joined: 3/10/2009
Posts: 36
@HaMaina,do we have any strategic turn-around plan for this company? Is there any possibility of reviving a company that lacks the main raw material for its operation?
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HaMaina
#2214 Posted : Friday, March 24, 2017 9:02:41 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Sir Jones wrote:
@HaMaina,do we have any strategic turn-around plan for this company? Is there any possibility of reviving a company that lacks the main raw material for its operation?


I honestly don't see how any government national, county or regional can look aside as the livelihood of millions of Kenyans goes down.
“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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Sir Jones
#2215 Posted : Friday, March 24, 2017 10:24:00 AM
Rank: Member

Joined: 3/10/2009
Posts: 36
Meaning that currently no strategy is in place to revive this thing. Whatever fund being pumped here is gimmick for the forthcoming election after that they may allow it to R.I.P.
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HaMaina
#2216 Posted : Friday, March 24, 2017 10:26:25 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Sir Jones wrote:
Meaning that currently no strategy is in place to revive this thing. Whatever fund being pumped here is gimmick for the forthcoming election after that they may allow it to R.I.P.


Lets wait and see, if that's the case then we should all be very shamed of calling ourselves Kenyans.
“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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VituVingiSana
#2217 Posted : Friday, March 24, 2017 11:09:53 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
HaMaina wrote:
Sir Jones wrote:
@HaMaina,do we have any strategic turn-around plan for this company? Is there any possibility of reviving a company that lacks the main raw material for its operation?


I honestly don't see how any government national, county or regional can look aside as the livelihood of millions of Kenyans goes down.

So the bottomline is... it will likely be flushed down the toilet
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Sir Jones
#2218 Posted : Friday, March 24, 2017 11:25:27 AM
Rank: Member

Joined: 3/10/2009
Posts: 36
So it seems @VVS. There is no clear strategy on how the turnaround will be worked out and it's time frame. County government should have been in forefront to champion and assist in the formulation of revival strategy, since Mumias's activities in the area is crucial economic activity for it's people.
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Ebenyo
#2219 Posted : Friday, March 24, 2017 4:14:29 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
With the 240 million bailout,let them buy seedlings
and plant enough cane.If they dont have enough land
let them use part of cash to buy some land.In two
years time the problem of less cane to crush will
be no more.
Towards the goal of financial freedom
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  | | Edit by user: Friday, March 24, 2017 4:21 PM | Reason: Not specified
HaMaina
#2220 Posted : Tuesday, April 11, 2017 11:53:01 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
This comet of mine seems to be approaching ground zero faster than expected. Na bado sihami.Sad Sad Sad Sad Sad Sad Sad Sad Sad Sad Sad Pray Pray Pray Pray Pray Pray Pray Pray Pray Pray Pray Pray Pray Pray
“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«<220221222223224>»
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