After uchumi it has taken long for another company to displine pple,even if the cane was there why are our products unable to compete globally,this firm will either close in future or sell water and find other products.

saaad it went 3,2 now 1.7 heading 1.00

Company is brought down to its knees by greed - http://www.nation.co.ke/.../-/j8axxa/-/index.html.

Lack of law and order in Kenya is the biggest hindrance to development. We need a no nonsense leader to clean up the rot once and for all - so we can live in a civilized country.

I just wonder how hard it is for the company to buy new equipment and produce sugar more efficiently and cheaply....Western province has SOOOOOOO MUCH FERTILE land going to waste...Sugar is one of the most used products in the country...how hard is it to go check out what other countries are doing and do it better....the company is capable of generating its own electricity also....

Wenye hisa wa hi kambuni waone Kanyari ama Brazilian pastor, wapande mbegu then wataona mafanikio.

Now that every one knows what went wrong, it is time to apply the fix.

If Neverready finally fingered out, why not a company whose market share and products are so solid MSC ( see the Govt importing sugar due to the closure of sugar factories...means demand exists).

Poor mumias shareholders (except Gava). The fraud that has occurred to this firm has literally left me speechless!
On the background i kept hearing Warren Buffets words " Investing with management you can trust" GAVA firms! especially this current one, jichungeni sana!

ok ok they have finally arrived in droves

1.45 my God,!!! questions.at what point can cma intervene in a sinking company?what will workers who are not working now be paid when factory opens if it will??what is the debt/asset situation by now??is the minimum price downwards 0.05 for a share???is mumias the share that will hold the record of lowest traded share price in the nse,!!!!I will stay away even if every one in the nse will buy and be a millionaire but mumias is just waiting for uhurus comments to rally or die

When these sugar companies collapse they go into receivership & its major creditors bring in their receiver managers so as to milk out what they're owed. just like in cases of muhoroni,miwani e.t.c sijui mahali shareholder huwa. given their debts are in billions?? sijui. As said here in wazua invest in a company that you can visit around,check mood,compare with sector,have facts on ground then make a decision. I remember earlier on in other threads I DEMONISED this farm & gave examples of how Miwani,chemilil,muhoroni sugar companies had similar problems i& died. watu hawakutilia maanani. This MSC could collapse & no one will care for economic impact. webuye panpaper did,kikomi,rivatex among others including the ones above.Cheap imports are available. Cost of production is very high in money&time. imports are cheaper and save time.