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Mumias Sugar huge demand
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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The only thread of hope i see in mumias is the gvt shareholding,i think they cant agree to lose but share appreciation will be met with rights and exiting big fish even the gvt might not be comfortable keeping their stake. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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The only thread of hope i see in mumias is the gvt shareholding,i think they cant agree to lose but share appreciation will be met with rights and exiting big fish even the gvt might not be comfortable keeping their stake. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 7/29/2014 Posts: 10 Location: BUNGOMA
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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mlennyma wrote:The only thread of hope i see in mumias is the gvt shareholding,i think they cant agree to lose but share appreciation will be met with rights and exiting big fish even the gvt might not be comfortable keeping their stake. This only thread of hope could very tough. Plus the fact that should the bull make its way any time soon even MSC will sneeze and jump abit even if momentarily. 
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Rank: New-farer Joined: 7/29/2014 Posts: 10 Location: BUNGOMA
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Akenyan2014 wrote:mlennyma wrote:The only thread of hope i see in mumias is the gvt shareholding,i think they cant agree to lose but share appreciation will be met with rights and exiting big fish even the gvt might not be comfortable keeping their stake. This only thread of hope could very tough. Plus the fact that should the bull make its way any time soon even MSC will sneeze and jump abit even if momentarily.  
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Rank: Member Joined: 7/20/2012 Posts: 141
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Some pumping happening today. More than 2M shares transacted.
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Rank: New-farer Joined: 7/29/2014 Posts: 10 Location: BUNGOMA
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Time to accumulate
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Alot of up & Downs with this counter. Still waiting for the good news. http://asokoinsight.com/...-winding-petition-kenya/“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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Rank: New-farer Joined: 7/29/2014 Posts: 10 Location: BUNGOMA
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Court halts winding up petition by the Dubai bank, the claim they laid is yet to be clear to MSC acting CEO Mr. Otolo says the firm is able to pay yes upon satisfaction that its a valid claim, this look like it was a fraud claim by former managers lets wait and see...meanwhile am accumulating.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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murchr wrote:stockshunter = #426 Posted : Wednesday, January 29, 2014 12:01:13 PM wrote:ecstacy wrote:Come baby come!! :) #Ksh 2/= In stocks never say never but KSH 2 is a pipe dream which might not be realised. It would take huge losses in their half year results to get there, and if its then I will sell my household to buy the risk. Keep watching Cough cough!!! I dont think GOK will let this loose rock to crumble, the question now is how low will i keep tumbling? "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
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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You mean musc was to be taken over,the easiest place to lose everything is the easiest place to double your investment in a flash..buy "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
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This is a like a case where bad things happen to you and you dare say 'it can't get any worse'.. Believe me when you say that, you've dared nature. Nature hates being tempted. It gets worse than you can imagine. The flip side of the coin, 'it always gets better'..  Seeing is believing
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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jawgey wrote:This is a like a case where bad things happen to you and you dare say 'it can't get any worse'.. Believe me when you say that, you've dared nature. Nature hates being tempted. It gets worse than you can imagine. The flip side of the coin, 'it always gets better'.. At the same time Orchards today sold a handful of shares at 11.5 Am thinking of buying more @ 2.05 and throw away my trading password
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Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
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I have said again risky decisions pay more,buy "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Akenyan2014 wrote:jawgey wrote:This is a like a case where bad things happen to you and you dare say 'it can't get any worse'.. Believe me when you say that, you've dared nature. Nature hates being tempted. It gets worse than you can imagine. The flip side of the coin, 'it always gets better'.. At the same time Orchards today sold a handful of shares at 11.5 Am thinking of buying more @ 2.05 and throw away my trading password You've decided. Act now. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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btw. is mumias now the lowest priced stock? eveready used to be down there but now I think mumias has taken over that position. @mlennyma. I see u can sense the opportunity of a bounce back. ride or die. home afrika was at a similar point. btw I think its getting pumped. a mumias bounce upwards should be a nice ride. @chartist hisah. what does the new all time low mean for price going forward The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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murchr wrote:murchr wrote:stockshunter = #426 Posted : Wednesday, January 29, 2014 12:01:13 PM wrote:ecstacy wrote:Come baby come!! :) #Ksh 2/= In stocks never say never but KSH 2 is a pipe dream which might not be realised. It would take huge losses in their half year results to get there, and if its then I will sell my household to buy the risk. Keep watching Cough cough!!! I dont think GOK will let this loose rock to crumble, the question now is how low will i keep tumbling? Investing on hope. I thought the same thing of Uchumi. Of course I was right but had my money stuck for years. OPPORTUNITY COST Life is short. Live passionately.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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From Jan 2014: Are the following scripts still valid? mwekez@ji wrote:Cde Monomotapa wrote:Aguytrying wrote:Cde Monomotapa wrote:Cde Monomotapa wrote:Leo akina papa wamejulikana!  *waves white flag* Let us build some castles in the sky this Furahiday. One time Safcom was similarly out of favor, dancing around similar levels to lower. Fastforward...Smh! Amen! this is the weird thing with shares. mumias at its optimum potential deserves to trade at 13.00 more than safaricom. and at a fair pe. Dude, you can say that again...Some more tealeaves are that points of inflection can be reached, as in the case of Safcom, and now probably MSC, after the change of guard at the top. CEOs whose mandate is very clear; Shake up & growth initiatives combo. Let's see. Oh yes, we should also look out for the same from Kenol Kobil!! VituVingiSana wrote: Omnicane is starting from Ground Zero. A new factory, hybrid sugarcane, a large nucleus estate and little political baggage. If it were listed as a 'start-up' or even as a GEMS listing, I would be interested. As for Mumias... old(er) equipment, old breeds of cane and reliance on smallholders with political clout. Cde Monomotapa wrote: OK. What percentage of the national deficit will they satisfy? [200K T]. In between time is what we're looking at with MSC. VituVingiSana wrote: Without COMESA safeguards, can Mumias survive? Firms like Butali & West Kenya are more efficient than Mumias. Cde Monomotapa wrote: Well, the proceedings here (on playing MSC) have been very clear. Barrier 1. Cane supply - done. 2. COMESA extension 3. Improving competitiveness. In that order.
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