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SLUGGISH MUMIAS?
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murchr
#31 Posted : Wednesday, May 22, 2013 8:45:11 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Realtreaty wrote:
@dunkang, i need a solution and how we can make it with Mumias, you do not need to be someone elses' sychophant.Its good to know what is happening in sugar industry. Remember Sugar will become a tradable commodity soon earliest August 2013. Will this raise Mumias more. They are also in water business, electricity and fuel and Mollasses. What the way forward?



Boss...Sugar has always been a tradable comodity since time memorial call your broker tomorrow and pick this monkey. Enjoy the ride
"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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Njung'e
#32 Posted : Thursday, May 23, 2013 11:45:11 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Realtreaty,

Water,molasses,Cogeneration,ethanol and sugar i know.......Fuel???.....This is strange!!....BTW,have the 3 streams (Ethanol,water and power) been able to break even since inception?My crushed tin ball says NO!
Nothing great was ever achieved without enthusiasm.
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cnn
#33 Posted : Thursday, May 23, 2013 11:52:25 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Njung'e wrote:
@Realtreaty,

Water,molasses,Cogeneration,ethanol and sugar i know.......Fuel???.....This is strange!!....BTW,have the 3 streams (Ethanol,water and power) been able to break even since inception?My crushed tin ball says NO!

@Njung'e...the lack of cane..is it part of the reason some Spectre owned molasses plant is almost closing down?.It seems local sugar is not so sweet after all.
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Realtreaty
#34 Posted : Thursday, May 23, 2013 9:29:08 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
If mumias start rising as from June will it be signs of good times ahead of September? How far can it move up before September?
I have seen companies who are doing well at half year report bad loses at final year while those with bad mid year peform at par than expected and even issue dividends or result in capitl gains
smile
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Realtreaty
#35 Posted : Thursday, May 23, 2013 9:38:38 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
I refuse your theory. Mumias said that harvesting immature cane in western by farmers and lead to almost 17% loss. Mature cane extractions give more suitable sugar. With the many companies coming up there has been cases of poaching thereby harvesting immature cane and selling to rival companies. Mumias was standing against this poaching as a bad deal that it will not play to.
On the other hand Sugar might soon be traded as a commodity rather than a stock. how will this get wanjiku on the better path?
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murchr
#36 Posted : Friday, May 24, 2013 1:32:04 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Are you seeking advise ama whats happening here, go to the archives theres's a Mumias thread, read it and make a decision. Best still, pick some and enjoy the ride
"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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mlennyma
#37 Posted : Friday, May 24, 2013 6:25:56 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
What happened to an earlier proposed rights on mumias?if the price goes up the rights issue will surface.
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#38 Posted : Friday, May 24, 2013 8:53:31 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
MSC 1yr cartoon. The decision is yours.




$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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muganda
#39 Posted : Friday, May 24, 2013 9:25:28 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
@hisah on that note, I've been struggling last few days to get any quote on Bloomberg, keep getting this error...
http://www.bloomberg.com/quote/MSUG:KN

Any heads up?
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For Sport
#40 Posted : Friday, May 24, 2013 11:25:07 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Realtreaty wrote:
I refuse your theory. Mumias said that harvesting immature cane in western by farmers and lead to almost 17% loss. Mature cane extractions give more suitable sugar. With the many companies coming up there has been cases of poaching thereby harvesting immature cane and selling to rival companies. Mumias was standing against this poaching as a bad deal that it will not play to.
On the other hand Sugar might soon be traded as a commodity rather than a stock. how will this get wanjiku on the better path?


Since you clearly do not want to learn and cannot be bothered to go through other mumias threads on wazua, why don't you put your money where your mouth is? Buy mumias and keep us posted on how it's doing.
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