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Mumias Sugar huge demand
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Kausha
#1181 Posted : Friday, February 06, 2015 2:54:36 PM
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Joined: 2/8/2007
Posts: 808
This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.

Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course.
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HaMaina
#1182 Posted : Friday, February 06, 2015 3:15:01 PM
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Joined: 4/23/2014
Posts: 927
streetwise wrote:
Monday back to 3.5


I have a feeling next week will be one of those we say " cheers let's have another cold one" to.

smile Applause smile Applause Applause smile Applause smile Applause smile Applause
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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VituVingiSana
#1183 Posted : Friday, February 06, 2015 9:34:52 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,265
Location: Nairobi
Kausha wrote:
This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.

Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course.
Bingo. Though you know how this plays out... d'oh! d'oh! d'oh!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#1184 Posted : Friday, February 06, 2015 10:12:14 PM
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Joined: 6/23/2009
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Location: nairobi
Kidero

KQ ABP 4.48; MTN ABP 5.20
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Angelica _ann
#1185 Posted : Friday, February 06, 2015 10:21:38 PM
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Joined: 12/7/2012
Posts: 11,929
obiero wrote:
Kidero

NCC is doomed!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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mawinder
#1186 Posted : Saturday, February 07, 2015 8:52:04 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
VituVingiSana wrote:
Kausha wrote:
This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.

Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course.
Bingo. Though you know how this plays out... d'oh! d'oh! d'oh!

That is not true, the mill in West Kenya was bought from Mumias Sugar in 2005 and was the then mill B in Mumias.The mill had been idle since 2005 when Mumias installed a "diffuser" in 1995.Mumias also expanded its process house in 2007.So far in Kenya Mumias has the biggest crushing capacity!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Metasploit
#1187 Posted : Saturday, February 07, 2015 4:26:44 PM
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Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
http://www.theeastafrica...80/-/md08k2/-/index.html

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Boris Boyka
#1188 Posted : Saturday, February 07, 2015 9:59:51 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
mawinder wrote:
VituVingiSana wrote:
Kausha wrote:
This is dying horse. Sembuse Pan Paper mills. Funny even the government bail out amounts of Kshs 500m are the same. One more round of Kshs 500m and GoK will probably throw in the towel.

Those investing here please pay a visit to the plant and see the decrepit equipment MSC is supposed to use to compete. Thereafter please visit Kabras, Kibos and the lack and you will probably realize the uphill task ahead. Provided the farmers have somewhere to deliver cane we should probably let nature take its course.
Bingo. Though you know how this plays out... d'oh! d'oh! d'oh!

That is not true, the mill in West Kenya was bought from Mumias Sugar in 2005 and was the then mill B in Mumias.The mill had been idle since 2005 when Mumias installed a "diffuser" in 1995.Mumias also expanded its process house in 2007.So far in Kenya Mumias has the biggest crushing capacity!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

@Mawimder...capacity is as good as useless unless utilised. Miwani had largest capacity by then and produced normal sugar,refined sugar and spirit..and a laaarge tract of land. maghan was the owner....imeanguka. concern is working,efficiency and servicability of the machines so check whether the "large capacity" is efficiently productive.and again i know you can say anything.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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derick
#1189 Posted : Sunday, February 08, 2015 11:03:50 AM
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Joined: 1/10/2015
Posts: 411
Interesting story


Firm (Mumias Sugar) that contributed heavily to exchequer now on its knees - http://www.standardmedia...e/?articleID=2000150943 via @StandardKenya
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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joejuma
#1190 Posted : Sunday, February 08, 2015 2:53:12 PM
Rank: New-farer


Joined: 2/8/2015
Posts: 14
Location: masaku
Pray To operate an agri co dependent on outgrowers is the worst decision ever!! Msc will never stabilise unless they opt to bring their own nucleus coz farmers wameenda.
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Mucene
#1191 Posted : Sunday, February 08, 2015 7:53:49 PM
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Joined: 8/4/2012
Posts: 155
Location: Kenya
The suspects have officially been mentioned, but the names might mean too much for any meaningful outcome, lakini huyu Peter Kebati, sometthing should be done.
http://www.standardmedia...-spot-over-rot-in-mumias
If you don't want to go to plan B have a good plan A.
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streetwise
#1192 Posted : Sunday, February 08, 2015 8:40:15 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
So now we know how some guys got their wealth. They need to be made to pay all they stole even if it is paid without interest
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derick
#1193 Posted : Sunday, February 08, 2015 11:06:00 PM
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Joined: 1/10/2015
Posts: 411



Mumias Sugar faces lawsuit over Sh45m security claim - http://www.standardmedia...e/?articleID=2000151047 via @StandardKenya
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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derick
#1194 Posted : Monday, February 09, 2015 12:11:56 AM
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Joined: 1/10/2015
Posts: 411
In other news.
“Mumias is as good as dead. There is very little hope that we could ever return it to life after all the plunder,” National Assembly Agriculture Committee Chairman Mohamed Noor told The Standard.

How Mumias Sugar was looted dry - http://www.standardmedia...e/?articleID=2000151062 via @StandardKenya
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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HaMaina
#1195 Posted : Monday, February 09, 2015 9:51:02 AM
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Joined: 4/23/2014
Posts: 927
derick wrote:
In other news.
“Mumias is as good as dead. There is very little hope that we could ever return it to life after all the plunder,” National Assembly Agriculture Committee Chairman Mohamed Noor told The Standard.

How Mumias Sugar was looted dry - http://www.standardmedia...e/?articleID=2000151062 via @StandardKenya


Yet another week of negative news, but still I'm not alighting from this ship.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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mlennyma
#1196 Posted : Monday, February 09, 2015 10:35:44 AM
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Joined: 7/21/2010
Posts: 6,192
Location: nairobi
HaMaina wrote:
derick wrote:
In other news.
“Mumias is as good as dead. There is very little hope that we could ever return it to life after all the plunder,” National Assembly Agriculture Committee Chairman Mohamed Noor told The Standard.

How Mumias Sugar was looted dry - http://www.standardmedia...e/?articleID=2000151062 via @StandardKenya


Yet another week of negative news, but still I'm not alighting from this ship.

I consider the banks very patient if they didn't move in to salvage what was left before gvt bailout plan
"Don't let the fear of losing be greater than the excitement of winning."
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derick
#1197 Posted : Monday, February 09, 2015 11:01:44 AM
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Joined: 1/10/2015
Posts: 411
Businessman at centre of the Sh1.2b Mumias sugar import scandal - http://www.standardmedia...e/?articleID=2000151063 via @StandardKenya
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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HaMaina
#1198 Posted : Monday, February 09, 2015 2:35:56 PM
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Joined: 4/23/2014
Posts: 927
Kenya: Leaders Want Mumias Sugar Board Dissolved ( 09th Feb 2015 )
Nice read but nothing new.

http://allafrica.com/stories/201502091671.html





“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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HaMaina
#1199 Posted : Tuesday, February 10, 2015 9:16:47 AM
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Joined: 4/23/2014
Posts: 927
If this is true then some people need to be delt with as harshly as possible.

How 1,497 trucks of Mumias sugar ‘disappeared’ in transit

http://www.standardmedia...r-disappeared-in-transit
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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derick
#1200 Posted : Tuesday, February 10, 2015 9:41:17 AM
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Joined: 1/10/2015
Posts: 411
HaMaina wrote:
Kenya: Leaders Want Mumias Sugar Board Dissolved ( 09th Feb 2015 )
Nice read but nothing new.

http://allafrica.com/stories/201502091671.html







This is the right thing to do
The whole board should be dissolved
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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