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Mumias Sugar huge demand
mv_ufanisi
#741 Posted : Friday, July 25, 2014 12:10:24 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
One more string of bad news could see this become a 1/- stock.
mwekez@ji
#742 Posted : Friday, July 25, 2014 12:34:39 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
cyruskulei wrote:

If you look critically, mumias still has alot of room for a full turn around to profitabilty.


What have you found that will enable mumias to survive even with lifting of COMESA safeguards
2012
#743 Posted : Friday, July 25, 2014 12:41:17 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mwekez@ji wrote:
cyruskulei wrote:

If you look critically, mumias still has alot of room for a full turn around to profitabilty.


What have you found that will enable mumias to survive even with lifting of COMESA safeguards



They wasted many years of opportunity to turn Mumias sugar into a patriotic brand like Tusker and Kenya Airways. But I also believe that it's not too late, the patriotism platform is still available to them, I only hope they don't go the route of compromising quality for profits as it won't last.

BBI will solve it
:)
Akenyan2014
#744 Posted : Friday, July 25, 2014 12:41:17 PM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
cyruskulei wrote:
Akenyan2014 wrote:
mlennyma wrote:
Does someone want mumias dead,why make the import rules friendly at this critical time for mumias??


I guess it is sth to do with bilateral trade relations. Remember Uganda is one single very important consumer of Kenyan exports, I cannot see a reason to directly link it to Mumias illness.


This monkey will bounce back like eveready. just look at the competition paka got and it still survives with paka power.
If you look critically, mumias still has alot of room for a full turn around to profitabilty.


The most likely changes will be the 2013 net loss, the shareholders, the management, the board and the amount of noise (level of consultations smile ) here at Wazua.

As for the control of this bus, the pilot has already heard the 'Don't Sink' and ' Too Low' 'Terrain' aural warnings and is in control of the aircraft.

Are we crashing? Maybe
Are we turning around? Likely
mwekez@ji
#745 Posted : Friday, July 25, 2014 1:00:35 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
2012 wrote:
mwekez@ji wrote:
cyruskulei wrote:

If you look critically, mumias still has alot of room for a full turn around to profitabilty.


What have you found that will enable mumias to survive even with lifting of COMESA safeguards



They wasted many years of opportunity to turn Mumias sugar into a patriotic brand like Tusker and Kenya Airways. But I also believe that it's not too late, the patriotism platform is still available to them, I only hope they don't go the route of compromising quality for profits as it won't last.


Even patriots want to buy sugar cheaply. How then will Mumias compete with the significantly cheaper imported sugar when COMESA safeguards are lifted? This will shed light on the future of mumias
icecube
#746 Posted : Friday, July 25, 2014 1:24:03 PM
Rank: Member


Joined: 1/2/2008
Posts: 268
Location: Nairobi
Buy when everyone else is afraid. Didn't I hear choruses like "buy low and sell high?"
Akenyan2014
#747 Posted : Friday, July 25, 2014 2:41:53 PM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
2012 wrote:
mwekez@ji wrote:
cyruskulei wrote:

If you look critically, mumias still has alot of room for a full turn around to profitabilty.


What have you found that will enable mumias to survive even with lifting of COMESA safeguards



They wasted many years of opportunity to turn Mumias sugar into a patriotic brand like Tusker and Kenya Airways. But I also believe that it's not too late, the patriotism platform is still available to them, I only hope they don't go the route of compromising quality for profits as it won't last.


You need to withdraw your examples because the brands you are talking about are 'strangling' with nasty taxation regimes
2012
#748 Posted : Friday, July 25, 2014 5:43:01 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mwekez@ji wrote:
2012 wrote:
mwekez@ji wrote:
cyruskulei wrote:

If you look critically, mumias still has alot of room for a full turn around to profitabilty.


What have you found that will enable mumias to survive even with lifting of COMESA safeguards



They wasted many years of opportunity to turn Mumias sugar into a patriotic brand like Tusker and Kenya Airways. But I also believe that it's not too late, the patriotism platform is still available to them, I only hope they don't go the route of compromising quality for profits as it won't last.


Even patriots want to buy sugar cheaply. How then will Mumias compete with the significantly cheaper imported sugar when COMESA safeguards are lifted? This will shed light on the future of mumias


Mumias sugar is overpriced and it's obvious that the management has been corrupt. I agree that the market forces should be allowed to play and may the fittest and the best adapter survive.

BBI will solve it
:)
VituVingiSana
#749 Posted : Saturday, July 26, 2014 2:40:26 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
guru267 wrote:
How low can it go...

Maybe i will enter at 1.5!

Sad
Ahhh, a perfect Pump and Dump candidate for you.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
h2s
#750 Posted : Saturday, July 26, 2014 5:17:54 PM
Rank: Member


Joined: 7/20/2012
Posts: 141
VituVingiSana wrote:
guru267 wrote:
How low can it go...

Maybe i will enter at 1.5!

Sad
Ahhh, a perfect Pump and Dump candidate for you.

And maybe he can swim with the big fish when they start to pump it again. 😑
dunkang
#751 Posted : Tuesday, July 29, 2014 2:54:55 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
And Nzoia Sugar to retrench 600 employees in a bid to contain the accelerating loses.

Who knows how the West Kenya Sugar is fairing? Anyone?
Receive with simplicity everything that happens to you.” ― Rashi

Boris Boyka
#752 Posted : Tuesday, July 29, 2014 3:18:55 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
dunkang wrote:
And Nzoia Sugar to retrench 600 employees in a bid to contain the accelerating loses.

Who knows how the West Kenya Sugar is fairing? Anyone?

@dunkang I once mentioned here the sugar sector in Kenya is chaotic if you can dig the post. utaona
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
tajiriaggrey
#753 Posted : Tuesday, July 29, 2014 6:45:59 PM
Rank: New-farer


Joined: 7/29/2014
Posts: 10
Location: BUNGOMA
With the kind of restructuring the management is doing,and looking at the company books, this thing will certainly rebound you continue panicking as i pick more.
jawgey
#754 Posted : Wednesday, July 30, 2014 8:25:21 AM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
tajiriaggrey wrote:
With the kind of restructuring the management is doing,and looking at the company books, this thing will certainly rebound you continue panicking as i pick more.


All the best dawg, wish I dumped my share on you when it was at 4bob
Seeing is believing
HaMaina
#755 Posted : Wednesday, July 30, 2014 9:41:21 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
tajiriaggrey wrote:
With the kind of restructuring the management is doing,and looking at the company books, this thing will certainly rebound you continue panicking as i pick more.


I'm with you on this one, buy,buy buy we shall find out who was wrong in a month or two.

smile smile 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
maka
#756 Posted : Wednesday, July 30, 2014 10:06:01 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
HaMaina wrote:
tajiriaggrey wrote:
With the kind of restructuring the management is doing,and looking at the company books, this thing will certainly rebound you continue panicking as i pick more.


I'm with you on this one, buy,buy buy we shall find out who was wrong in a month or two.

smile smile smile smile smile smile smile smile smile smile smile

Thats a short time frame and the likelihood of a recent buyer being in the red is high.
possunt quia posse videntur
tajiriaggrey
#757 Posted : Wednesday, July 30, 2014 10:38:05 AM
Rank: New-farer


Joined: 7/29/2014
Posts: 10
Location: BUNGOMA
HaMaina lets get going as those who are infested by panic dump we pick, when time for celebration will come we will sell our bull at the price we want.
maka
#758 Posted : Wednesday, July 30, 2014 11:39:44 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
tajiriaggrey wrote:
HaMaina lets get going as those who are infested by panic dump we pick, when time for celebration will come we will sell our bull at the price we want.

Good luck...
possunt quia posse videntur
hmmm
#759 Posted : Wednesday, July 30, 2014 11:44:23 AM
Rank: New-farer


Joined: 10/11/2011
Posts: 25
maka wrote:
tajiriaggrey wrote:
HaMaina lets get going as those who are infested by panic dump we pick, when time for celebration will come we will sell our bull at the price we want.

Good luck...


"lets get going", "we will sell", Sound like the herd. In stocks make your own choices based on your own research or else you are seriously courting depression

Shame on you
icecube
#760 Posted : Wednesday, July 30, 2014 12:51:11 PM
Rank: Member


Joined: 1/2/2008
Posts: 268
Location: Nairobi
Herd mentality here will make some people be admitted in hospital very soon.
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