Wazua
»
Investor
»
Stocks
»
Mumias Sugar huge demand
Rank: Member Joined: 1/16/2014 Posts: 114
|
jawgey wrote:stockshunter wrote:poundfoolish wrote:jawgey wrote:hmmm wrote:This bus is moving at full speed. Just wondering about the "optimal" time to alight. My target price, 6 or 7..Am sensing a reversal very soon...  Some have already made their kill and are leaving. some, panicking, shall follow suit as they see the reversal. I shall await.. the capital gains in one week from ksh 3 to ksh represent 33% and that is too sweet to hold on had I had online trading account I could have booked my gains too. With my level of greed I would hate an online account. you get one and request the platform owner to remove the enter button so that you can use it only for monitoring the shares.  fear makes people live a miserable life.
|
|
|
Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
|
stockshunter wrote:jawgey wrote:stockshunter wrote:poundfoolish wrote:jawgey wrote:hmmm wrote:This bus is moving at full speed. Just wondering about the "optimal" time to alight. My target price, 6 or 7..Am sensing a reversal very soon... Some have already made their kill and are leaving. some, panicking, shall follow suit as they see the reversal. I shall await.. the capital gains in one week from ksh 3 to ksh represent 33% and that is too sweet to hold on had I had online trading account I could have booked my gains too. With my level of greed I would hate an online account. you get one and request the platform owner to remove the enter button so that you can use it only for monitoring the shares. genius!!  Seeing is believing
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
VWAP closes @4.00 and sits above first resistance target of 3.85 (the SMA50 level). 38.2% fibo extension from 3/- lies @4.15. Now consolidation then the next journey towards SMA100 @4.80. But that 1yr extension doesn't give legs for a proper bull recovery. One yr is too short to fix the mess in this industry to guarantee constant cashflow and profits. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
hisah wrote:VWAP closes @4.00 and sits above first resistance target of 3.85 (the SMA50 level). 38.2% fibo extension from 3/- lies @4.15. Now consolidation then the next journey towards SMA100 @4.80.
But that 1yr extension doesn't give legs for a proper bull recovery. One yr is too short to fix the mess in this industry to guarantee constant cashflow and profits. Its true. 1 yr is simply not enough. Any chance of a reversal to 3.00 incase excitement dies too fast The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Aguytrying wrote:hisah wrote:VWAP closes @4.00 and sits above first resistance target of 3.85 (the SMA50 level). 38.2% fibo extension from 3/- lies @4.15. Now consolidation then the next journey towards SMA100 @4.80.
But that 1yr extension doesn't give legs for a proper bull recovery. One yr is too short to fix the mess in this industry to guarantee constant cashflow and profits. Its true. 1 yr is simply not enough. Any chance of a reversal to 3.00 incase excitement dies too fast It may behave like HAFR for a while.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
For some reason i never got psyched up to buy this counter even for the short term. All the best on all who are on board. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
murchr wrote:For some reason i never got psyched up to buy this counter even for the short term. All the best on all who are on board. Problem with Parabolics,the reversal is always as vigorous as the ascension
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
COMPLETE DEMAND EXHAUSTION
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Contrarian Investing doesnt mean you invest in fundamentally busted counters...in the market right now...Mumias Ksh215 Other Sugar Ksh85...me give me the other sugar after all they taste the same.
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
the deal wrote:Contrarian Investing doesnt mean you invest in fundamentally busted counters...in the market right now...Mumias Ksh215 Other Sugar Ksh85...me give me the other sugar after all they taste the same. your right. mumias has problems I'm not denying that The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
the deal wrote:Contrarian Investing doesnt mean you invest in fundamentally busted counters...in the market right now...Mumias Ksh215 Other Sugar Ksh85...me give me the other sugar after all they taste the same. Surely, that's what I was asking myself the other day. Will Mumias survive? At 115-125/- per Kg while others are 78-85/- Kg ( imported)!!!!! Receive with simplicity everything that happens to you.” ― Rashi
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
|
Sugar has been imported and reached here cheaper,give kenyans freedom to do business and let mumias carry its cross "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Aguytrying wrote:hisah wrote:VWAP closes @4.00 and sits above first resistance target of 3.85 (the SMA50 level). 38.2% fibo extension from 3/- lies @4.15. Now consolidation then the next journey towards SMA100 @4.80.
But that 1yr extension doesn't give legs for a proper bull recovery. One yr is too short to fix the mess in this industry to guarantee constant cashflow and profits. Its true. 1 yr is simply not enough. Any chance of a reversal to 3.00 incase excitement dies too fast Putting cash in Mumias is pure speculation. Of course people will make money, but money will be lost also. This is a good one to trade the cartoons. Life is short. Live passionately.
|
|
|
Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
|
|
|
|
Rank: Member Joined: 8/30/2010 Posts: 183 Location: Migingo
|
That next phase of growth is also full of many challenges.. Don't Work for Money, Let Money Work for You..
|
|
|
Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
|
georgegop wrote:That next phase of growth is also full of many challenges.. True. The success will be mainly pegged on the uptake and willingness of the farmers to be involved in dairy farming. If they are able to give good returns then it will be a huge success and eventually form a subsidiary profit making venture. Shida ni moja,, someone will definitely want to EAT!!!  Seeing is believing
|
|
|
Rank: Member Joined: 8/30/2010 Posts: 183 Location: Migingo
|
Mumias Sugar plans milk plantDon't Work for Money, Let Money Work for You..
|
|
|
Rank: Member Joined: 8/14/2007 Posts: 111
|
It doesn't matter the number of ventures they go into FIRST they have to sort their core business - sugar production (its name is mumias sugar so.) from ethanol, h20 ,now milk processing . All good ideas but mumias success will only come from its core bizz .am in it too but their strategies have question marks . Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
mypesa wrote:It doesn't matter the number of ventures they go into FIRST they have to sort their core business - sugar production (its name is mumias sugar so.) from ethanol, h20 ,now milk processing . All good ideas but mumias success will only come from its core bizz .am in it too but their strategies have question marks . Ethanol, water, cogeneration are in line with the core business, but milk ...
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
mwekez@ji wrote:mypesa wrote:It doesn't matter the number of ventures they go into FIRST they have to sort their core business - sugar production (its name is mumias sugar so.) from ethanol, h20 ,now milk processing . All good ideas but mumias success will only come from its core bizz .am in it too but their strategies have question marks . Ethanol, water, cogeneration are in line with the core business, but milk ... ... & si it sounds funny Kebati was speaking at Emukhuyu village in Nambale subcounty where he gave one dairy cow to a prominent farmer, Consolata Namulanda. Busia Agriculture executive Moses Osia challenged the company to give more dairy cows to farmers to enable them produce more milk for the processing plant.
|
|
|
Wazua
»
Investor
»
Stocks
»
Mumias Sugar huge demand
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.
|