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Mumias Sugar huge demand
Rank: Member Joined: 1/15/2010 Posts: 625
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One more string of bad news could see this become a 1/- stock.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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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
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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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 :)
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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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 ) 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
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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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
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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Buy when everyone else is afraid. Didn't I hear choruses like "buy low and sell high?"
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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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
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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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 :)
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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guru267 wrote:How low can it go... Maybe i will enter at 1.5! Ahhh, a perfect Pump and Dump candidate for you. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/20/2012 Posts: 141
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VituVingiSana wrote:guru267 wrote:How low can it go... Maybe i will enter at 1.5! 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. 😑
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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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
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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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. !!!
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Rank: New-farer Joined: 7/29/2014 Posts: 10 Location: BUNGOMA
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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.
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Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
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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
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Thats a short time frame and the likelihood of a recent buyer being in the red is high. possunt quia posse videntur
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Rank: New-farer Joined: 7/29/2014 Posts: 10 Location: BUNGOMA
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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.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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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
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Rank: New-farer Joined: 10/11/2011 Posts: 25
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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
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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Herd mentality here will make some people be admitted in hospital very soon.
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