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Mumias Sugar huge demand
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dunkang
#531 Posted : Tuesday, March 04, 2014 6:36:25 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
the deal wrote:
Contrarian Investing doesnt mean you invest in fundamentally busted counters...in the market right now...Mumias Ksh215 Other Sugar Ksh85...me give me the other sugar after all they taste the same.

Surely, that's what I was asking myself the other day. Will Mumias survive?
At 115-125/- per Kg while others are 78-85/- Kg ( imported)!!!!!
Receive with simplicity everything that happens to you.” ― Rashi

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mlennyma
#532 Posted : Tuesday, March 04, 2014 6:46:15 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Sugar has been imported and reached here cheaper,give kenyans freedom to do business and let mumias carry its cross
"Don't let the fear of losing be greater than the excitement of winning."
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sparkly
#533 Posted : Tuesday, March 04, 2014 8:00:06 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Aguytrying wrote:
hisah wrote:
VWAP closes @4.00 and sits above first resistance target of 3.85 (the SMA50 level). 38.2% fibo extension from 3/- lies @4.15. Now consolidation then the next journey towards SMA100 @4.80.

But that 1yr extension doesn't give legs for a proper bull recovery. One yr is too short to fix the mess in this industry to guarantee constant cashflow and profits.


Its true. 1 yr is simply not enough. Any chance of a reversal to 3.00 incase excitement dies too fast


Putting cash in Mumias is pure speculation. Of course people will make money, but money will be lost also. This is a good one to trade the cartoons.
Life is short. Live passionately.
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jawgey
#534 Posted : Thursday, March 13, 2014 10:11:55 AM
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Joined: 1/13/2014
Posts: 398
Location: Denmark
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georgegop
#535 Posted : Thursday, March 13, 2014 12:25:51 PM
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Joined: 8/30/2010
Posts: 183
Location: Migingo
That next phase of growth is also full of many challenges..
Don't Work for Money, Let Money Work for You..
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jawgey
#536 Posted : Thursday, March 13, 2014 12:36:01 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
georgegop wrote:
That next phase of growth is also full of many challenges..


True. The success will be mainly pegged on the uptake and willingness of the farmers to be involved in dairy farming. If they are able to give good returns then it will be a huge success and eventually form a subsidiary profit making venture. Shida ni moja,, someone will definitely want to EAT!!!d'oh!
Seeing is believing
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georgegop
#537 Posted : Thursday, March 13, 2014 8:09:39 PM
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Joined: 8/30/2010
Posts: 183
Location: Migingo
Mumias Sugar plans milk plant
Don't Work for Money, Let Money Work for You..
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mypesa
#538 Posted : Thursday, March 13, 2014 8:20:30 PM
Rank: Member

Joined: 8/14/2007
Posts: 111
georgegop wrote:
Mumias Sugar plans milk plant

It doesn't matter the number of ventures they go into FIRST they have to sort their core business - sugar production (its name is mumias sugar so.) from ethanol, h20 ,now milk processing . All good ideas but mumias success will only come from its core bizz .am in it too but their strategies have question marks .
Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
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mwekez@ji
#539 Posted : Thursday, March 13, 2014 8:37:35 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mypesa wrote:
georgegop wrote:
Mumias Sugar plans milk plant

It doesn't matter the number of ventures they go into FIRST they have to sort their core business - sugar production (its name is mumias sugar so.) from ethanol, h20 ,now milk processing . All good ideas but mumias success will only come from its core bizz .am in it too but their strategies have question marks .

Ethanol, water, cogeneration are in line with the core business, but milk ...
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mwekez@ji
#540 Posted : Thursday, March 13, 2014 8:47:25 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji wrote:
mypesa wrote:
georgegop wrote:
Mumias Sugar plans milk plant

It doesn't matter the number of ventures they go into FIRST they have to sort their core business - sugar production (its name is mumias sugar so.) from ethanol, h20 ,now milk processing . All good ideas but mumias success will only come from its core bizz .am in it too but their strategies have question marks .

Ethanol, water, cogeneration are in line with the core business, but milk ...


... & si it sounds funny

Kebati was speaking at Emukhuyu village in Nambale subcounty where he gave one dairy cow to a prominent farmer, Consolata Namulanda. Busia Agriculture executive Moses Osia challenged the company to give more dairy cows to farmers to enable them produce more milk for the processing plant.
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