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Mumisa Sugar FY 2011/12 Results
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FUNKY
#1 Posted : Friday, August 31, 2012 9:19:48 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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King G
#2 Posted : Friday, August 31, 2012 9:25:44 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
This was expected, we had been warned earlier in the month by mzee njung'e the insider of mumias.
Thieves
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FUNKY
#3 Posted : Friday, August 31, 2012 9:27:11 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
http://bit.ly/PDzyUv

50 cts dividend declared...so things not bad after all
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Sufficiently Philanga....thropic
#4 Posted : Friday, August 31, 2012 9:30:49 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
This one missed a profit warning by a whiskersmile
No wonder the wait till end month & on a Friday,just before weekend!
Sub 6 here we come!
Timely exit for Kidero?
@SufficientlyP
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StatMeister
#5 Posted : Friday, August 31, 2012 9:37:01 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
Am trying to reconcile the 33% decrease reported by Reuters and the 4% growth reported by Mumias
A bad day fishing is better than a good day at work
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King G
#6 Posted : Friday, August 31, 2012 9:47:23 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
At least fear made me leave at 6.8 bob, not bad!
Thieves
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mypesa
#7 Posted : Friday, August 31, 2012 11:07:34 AM
Rank: Member

Joined: 8/14/2007
Posts: 111
If he failed to deliver @ mumias sugar as CEO for many years,can we trust him as nairobi Governor .
Again just my opinion regarding KIDERO EVANS
Even In The Most Severe Drought In The Jungle Lions Will Never Feed On Grass.
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gatoho
#8 Posted : Friday, August 31, 2012 11:30:10 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
StatMeister wrote:
Am trying to reconcile the 33% decrease reported by Reuters and the 4% growth reported by Mumias


One is on Gross profit the othe on on PAT. They attributed it to tax benefits
Foresight..
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Njung'e
#9 Posted : Friday, August 31, 2012 11:36:33 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
mypesa wrote:
If he failed to deliver @ mumias sugar as CEO for many years,can we trust him as nairobi Governor .
Again just my opinion regarding KIDERO EVANS


How did he fail to deliver??....In my opinion,EK did a sterling job at MSC.He initiated expansion of processing,branding,packaging,fortifying,Co-generation,ethanol,water,erp amongst many other projects which have enabled the company to grow and stay afloat.The same earned him CEO of the year at one time.Most who know him would completely disagree with you.Would he deliver as a Nairobi Gavana?.My honest opinion is yes!...but that i leave to politiks.Back to business!
Nothing great was ever achieved without enthusiasm.
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mzalendomoja
#10 Posted : Friday, August 31, 2012 11:37:25 AM
Rank: New-farer

Joined: 7/17/2012
Posts: 14
The company was expected to have made a lot of quid given the crazy sugar prices at the beginning of this year.Or were they slow in responding to the business opportunity? with 60% market share, MSC should have done better.
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