If you make analysis and predictions without looking at the global markets, you will miss out (short term) but if you are a long term fundamentalist, it does not really matter. Mumias will be on the up and up so will Kenre, When? after western markets rally to the end of this week and perhaps another two. These markets were bearish for a spike of a while and drove down NSE

@much know.. what rally are you talking about tomorrow? judging from this weeks perfomance of msc, the profit rise of 560% had already been factored into the price... there will most likely be no rally until full year announcement

but then again i do expect one in kenya re...

Yes, i agree with you @VVS, Mumias certainly looks cheap. With an EPS of ~64 cents already in the bag, i think an end of year EPS of KES2 or more is what we should all expect as the end of year results are released. Everything held constant, this share may at the end of the day favour those who will hold and wait for the almost certain positive announcement which will put it's value above KES20 end of this year where it belongs. Not so?

I agree with @VVS.. i tried all metrics to and try and justify a price of 20 and above for msc by year end but i just hit a brick wall... @VVS maybe there's something we're missing!!! because if i missed this boat because i missed something i'll beat myself to death...any extra info?????

So the second half run might not be as rosy afterall.......Does someone remember Chaliwong saying Msc has so much cane?? ...Hell!!...Who will hold down this dude down for me while i bite his bottoms!!! .Truth....and this is sad so much so that,i wish Evans doesn't let it go this way......for the next couple of months,Msc will be operating for six days in a week due to cane shortage!!(VRS)....Grrrrrrrr!!!

@Njunge,
Haiya!
-Kwani, when you want to acquire something from your rival do you tell him you have enough of it??

Tunataka hii miwa ya Nzoia hata kama ni kutumia kiswashili, na if we get it......700%.

I wonder what will be share price come 30th June 2010...

burnt is only if they sold. this share is going to keep rising as we head into the next 5 months...

@ecstacy. yeah this counter does have some mileage because i did my valuations and valued it at around 16 and so have many others like ABC capital,
dont get me wrong.... when i talk about speculators i mean those who usually take out high interest monthly loans from shrks to make a quick buck on counters on the nse (i know a couple of people who do)...

@scubidu... ABC's valuation estimate was 16 bob for msc basing on technical and fundamental analysis... but i'm not sure if they did issue a report because i got my information from CNBC...