wazua Mon, Jul 28, 2025
Welcome Guest Search | Active Topics | Log In

The Mumias sugar Bus
the deal
#1 Posted : Tuesday, April 26, 2011 8:10:21 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Finally finished restructuring my portifolio for 2011

In: Mumias (Industrials)
Out: Kenya Re (Financials)

Mumias~Good weather...increased sugar output which means mumias will have more sugar to sell...COMESA is politics...Mumias is the pride of Western Kenya its too big too fail...ethanol, power gen and H2O are other added benefits.
Iborian
#2 Posted : Tuesday, April 26, 2011 8:19:44 PM
Rank: Member


Joined: 4/17/2009
Posts: 194
So what else do you now hold?
the deal
#3 Posted : Tuesday, April 26, 2011 8:28:46 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Iborian wrote:
So what else do you now hold?

KK...C&G...JUB...KCB(verry few)...CMC...and now MSC...i'm in all sectors apart from the Agriculturals...i have a small amount of cash for speculating on Safcom...
Muthawamunene
#4 Posted : Tuesday, April 26, 2011 8:37:17 PM
Rank: Member


Joined: 1/3/2011
Posts: 264
Location: Nairobi


COMESA is politics

This i like.
youcan'tstopusnow
#5 Posted : Tuesday, April 26, 2011 8:53:42 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde, this is the perfect forum for you to talk freely on the reasons of your earlier mentioned apathy towards Mumias
GOD BLESS YOUR LIFE
mlennyma
#6 Posted : Tuesday, April 26, 2011 8:53:46 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Good,i think we are almost reasoning the same.i will strictly trade with at most 6 counters with 2 of them speculative.
"Don't let the fear of losing be greater than the excitement of winning."
Muthawamunene
#7 Posted : Tuesday, April 26, 2011 9:03:33 PM
Rank: Member


Joined: 1/3/2011
Posts: 264
Location: Nairobi
mlennyma wrote:
Good,i think we are almost reasoning the same.i will strictly trade with at most 6 counters with 2 of them speculative.

Am so glad to see that my 'wide' diversification doesnt mean i dnt know what am doin- after am done tinkering the screws this is what i want- centum, transcentury, kengen, kplc, kcb. five counters does it for me.
Impunity
#8 Posted : Tuesday, April 26, 2011 9:03:49 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
I speculate on Safcom,Access and for my toto reasons, Paka.
What say you?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Cde Monomotapa
#9 Posted : Tuesday, April 26, 2011 10:37:47 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde, this is the perfect forum for you to talk freely on the reasons of your earlier mentioned apathy towards Mumias

I said that my outlook for MSC is hazy predominantly because I slept on the wheel - directed my research elsewhere. The operating environment became un-predictable hence I stopped benefiting from Buy Weakness strategies having mastered the half year business cycles. Furthermore, dividends became un-certain, frustrations with TARDA so I washed my hands & left the dining area. MSC might be back in my X-hairs FY2012.
PKoli
#10 Posted : Tuesday, April 26, 2011 11:59:19 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
In terms of competition Mumias is having it rossy. The new cane comoanies are giving better prices and making payments much earlier.

Mumias has to strategise on the TARDA project since that is its main saviour.
selah
#11 Posted : Wednesday, June 08, 2011 2:26:49 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
The company will be launching a vitamin Enriched sugar which is a program in conjunction with a UN body.Will this give it the necessary impetus to wind through the competition given that the comesa deadline is only six month away.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
maka
#12 Posted : Wednesday, June 08, 2011 3:03:34 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
@ selah its really hard to tell btw whats your take on their end of year results do you believe they will be positive?
possunt quia posse videntur
kenyainvesting.blogspot.com
#13 Posted : Wednesday, June 08, 2011 3:42:46 PM
Rank: New-farer


Joined: 3/29/2011
Posts: 56
Location: Kenya
An earlier post I had done on Mumias

LINK: MUMIAS SUGAR PROSPECTS
MY BLOG: Kenya Investing
BE MY FRIEND ON FACEBOOK: Kenya Investing Facebook Page
TWITTER HANDLE: @kenyainvestor
selah
#14 Posted : Wednesday, June 08, 2011 3:47:55 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
@Maka The company does well during the dry season since sucrose content is higher and transportation logistics are easier this means less production cost on the other hand I think they have invested heavily in the water bottling facility as well as in ethanol production so capex will obviously be high.

I think Looking at prices of sugar internationally From OCT 2010 to May 2011 the prices have been good lets hope they will capitalise on that to give us a good showing.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.