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Mumias Sugar huge demand
Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Buyers, don't worry. Tomorrow 3.00/= will print. I'm sure a number of people will be persuaded to sell. Place your buy orders at 3.05/= now. They might be fulfilled in the morning. In the afternoon, back to zero supply! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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MaichBlack wrote:MaichBlack wrote:streetwise wrote:Those who bought at 1.35 need to sell this is a great gain. Relax. Not yet... Those who would have sold on Monday as you had suggested, would have missed an extra 17% by today because we are at 2.75/=, and get this, NO SUPPLY!!! You should not sell when demand far outstrips supply. It would be extremely stupid to sell when there is high demand and ZERO supply. Simple primary school Business Education (or Studies as their call it nowadays). The law of demand and supply. If you want to cash in, watch the demand and supply volumes. When supply starts checking in, almost balancing off with demand, if you are a short termer/speculator, you can cash in then! With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game. IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Quote:ecstacy, Guest (26), MaichBlack Hawa ni akina nani??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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mwenza wrote:MaichBlack wrote:MaichBlack wrote:streetwise wrote:Those who bought at 1.35 need to sell this is a great gain. Relax. Not yet... Those who would have sold on Monday as you had suggested, would have missed an extra 17% by today because we are at 2.75/=, and get this, NO SUPPLY!!! You should not sell when demand far outstrips supply. It would be extremely stupid to sell when there is high demand and ZERO supply. Simple primary school Business Education (or Studies as their call it nowadays). The law of demand and supply. If you want to cash in, watch the demand and supply volumes. When supply starts checking in, almost balancing off with demand, if you are a short termer/speculator, you can cash in then! With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game.  Very true @mwenza. What is needed here is balls of steel and you should NOT have invested grocery money. I meet both qualifications. I know there can be a brutal reversal but you will not see me crying. With that in mind, everyone who bought at 1.40/= when I called it as the bottom*, consider getting out tomorrow. You will have made your 100% net of commissions and taxes in two months. Not bad!!!* Link 1: See post#113 and #119Link 2. See Post #126Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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MaichBlack wrote:Quote:ecstacy, Guest (26), MaichBlack Hawa ni akina nani??? Those are guys whose value has been trapped by Mumias for a very long time. IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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If I sell tomorrow ( I haven't said I will) I will have made 100% net of taxes in two months!!! Link: Post #113 Nitasema nikiuza. And fellows keep arguing with me here when I tell them about 20% - 30% returns in a whole year!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 7/3/2014 Posts: 245
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mwenza wrote:MaichBlack wrote:MaichBlack wrote:streetwise wrote:Those who bought at 1.35 need to sell this is a great gain. Relax. Not yet... Those who would have sold on Monday as you had suggested, would have missed an extra 17% by today because we are at 2.75/=, and get this, NO SUPPLY!!! You should not sell when demand far outstrips supply. It would be extremely stupid to sell when there is high demand and ZERO supply. Simple primary school Business Education (or Studies as their call it nowadays). The law of demand and supply. If you want to cash in, watch the demand and supply volumes. When supply starts checking in, almost balancing off with demand, if you are a short termer/speculator, you can cash in then! With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game.  In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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 Otherwise mtu auze!!! Hii sio ya watu wa....  Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@maich. I see ur really enjoying this one. I can't believe the chance of a bailout can cause such a rally. it means this share was really hammered by the market before. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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MaichBlack wrote:mwenza wrote:MaichBlack wrote:MaichBlack wrote:streetwise wrote:Those who bought at 1.35 need to sell this is a great gain. Relax. Not yet... Those who would have sold on Monday as you had suggested, would have missed an extra 17% by today because we are at 2.75/=, and get this, NO SUPPLY!!! You should not sell when demand far outstrips supply. It would be extremely stupid to sell when there is high demand and ZERO supply. Simple primary school Business Education (or Studies as their call it nowadays). The law of demand and supply. If you want to cash in, watch the demand and supply volumes. When supply starts checking in, almost balancing off with demand, if you are a short termer/speculator, you can cash in then! With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game. Very true @mwenza. What is needed here is balls of steel and you should NOT have invested grocery money. I meet both qualifications. I know there can be a brutal reversal but you will not see me crying. With that in mind, everyone who bought at 1.40/= when I called it as the bottom*, consider getting out tomorrow. You will have made your 100% net of commissions and taxes in two months. Not bad!!!* Link 1: See post#113 and #119Link 2. See Post #126 @maich, hii counter iko na wenyewe. Don't try this if you can't measure up on the two criterias. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Aguytrying wrote:@maich. I see ur really enjoying this one. I can't believe the chance of a bailout can cause such a rally. it means this share was really hammered by the market before. Of course I am. 100% gain in two months is not a joke!!! But I told everyone when I was boarding. I hope a number of Wazuans are enjoying the ride with me! I really do. But to me these are just paper gains as of now. I have not pulled the sell trigger yet. Of course if I want to lock in my 100% I simply sell tomorrow. But I might not. I'm greedy. Of course that greed might wipe out all my paper gains but I don't care!!! I will be watching demand and supply volumes over the next couple of days. Then I will make my mind up. But as I said when I was buying, I am NOT asking anyone to do what I am doing. I calculated my risks and was at peace with the risks I was taking. I am still at peace with them. When this equilibrium is disturbed I will re - think. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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This is so sad, getting your quote the way you lefty it jana is so traumatizing! Si muueze ata 100 only.  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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At 100 I am sure the counter would truly be in the red
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Rank: Member Joined: 3/14/2012 Posts: 577 Location: Nairobi Kenya
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Impunity wrote:This is so sad, getting your quote the way you lefty it jana is so traumatizing! Si muueze ata 100 only. I know the feeling. You were late boarding the bus. Before I die - i will touch the sky!!
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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Picked at sub 2 and i won't sell soon for this reasons;Coming soon -Organic fertilizer -Domestic gas -Partnership with a top brewer to use their water plant for blending of alcohol MONEY!!! Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Njung'e wrote:Picked at sub 2 and i won't sell soon for this reasons;Coming soon
-Organic fertilizer
-Domestic gas
-Partnership with a top brewer to use their water plant for blending of alcohol
MONEY!!! Thank you guka. "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: Member Joined: 1/10/2015 Posts: 411
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murchr wrote:Njung'e wrote:Picked at sub 2 and i won't sell soon for this reasons;Coming soon
-Organic fertilizer
-Domestic gas
-Partnership with a top brewer to use their water plant for blending of alcohol
MONEY!!! Thank you guka. Link? Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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derick wrote:murchr wrote:Njung'e wrote:Picked at sub 2 and i won't sell soon for this reasons;Coming soon
-Organic fertilizer
-Domestic gas
-Partnership with a top brewer to use their water plant for blending of alcohol
MONEY!!! Thank you guka. Link? On matters Mumias/Sukari, @guka is the link!!! Na kwasababu wewe ni newfarer, @guka is @njung'e (With or without the apostrophe!). Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 1/10/2015 Posts: 411
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MaichBlack wrote:derick wrote:murchr wrote:Njung'e wrote:Picked at sub 2 and i won't sell soon for this reasons;Coming soon
-Organic fertilizer
-Domestic gas
-Partnership with a top brewer to use their water plant for blending of alcohol
MONEY!!! Thank you guka. Link? On matters Mumias/Sukari, @guka is the link!!! Na kwasababu wewe ni newfarer, @guka is @njung'e (With or without the apostrophe!). Guka hiyo link yako ys tweeter haipatikani.ama there is somewhere am going wrong? Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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derick wrote:MaichBlack wrote:derick wrote:murchr wrote:Njung'e wrote:Picked at sub 2 and i won't sell soon for this reasons;Coming soon
-Organic fertilizer
-Domestic gas
-Partnership with a top brewer to use their water plant for blending of alcohol
MONEY!!! Thank you guka. Link? On matters Mumias/Sukari, @guka is the link!!! Na kwasababu wewe ni newfarer, @guka is @njung'e (With or without the apostrophe!). Guka hiyo link yako ys tweeter haipatikani.ama there is somewhere am going wrong? Yes, there is somewhere you are going wrong. I was telling you, when @Njung'e says something about Mumias or the sugar industry, we never ask him for links. Historically, his word has always been enough on this matter. And in most cases, what he is saying is not published yet! Unless ungoje gazeti za next month! Do you get it now??? One more thing, @guka anajua tu zile "twitter" za speakers. Hiyo ingine hawesmek!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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