wazua Mon, Jan 27, 2025
Welcome Guest Search | Active Topics | Log In | Register

Mumias Sugar 2015 PBT loss at Sh6.3bn
Options
Previous Topic · Next Topic
Aguytrying
#1 Posted : Tuesday, September 29, 2015 7:42:45 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
http://www.businessdaily...4/-/kmvomfz/-/index.html
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
 Report Abusive | Report SPAM
Pesa Nane
#2 Posted : Tuesday, September 29, 2015 8:02:28 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Cost of Sales surpasses Revenue by Ksh. 1.66Bn! Sad

Pesa Nane plans to be shilingi when he grows up.
Back to top
 Report Abusive | Report SPAM
Pesa Nane
#3 Posted : Tuesday, September 29, 2015 8:19:38 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Processed sugar cane dropped by 42% to only 1.1 million tons
Sugar recovery levels fell to a rendement of 6.28% from 8.97
Sugar produced dropped by 59.4% to only 69,851 tons
Ethanol distillery production decreased 24.3% to 10,311,773 Litres of spirit
Electricity exported to the national grid dropped 74%
Revenue down 57.6%
Sugar revenue down 60%
Electricity sales dropped by 74%
Water bottled dropped 48%
Water sales down 44%

Majameni!
Pesa Nane plans to be shilingi when he grows up.
Back to top
 Report Abusive | Report SPAM
Pesa Nane
#4 Posted : Tuesday, September 29, 2015 8:22:34 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Processed sugar cane dropped by 42% to only 1.1 million tons
Sugar recovery levels fell to a rendement of 6.28% from 8.97
Sugar produced dropped by 59.4% to only 69,851 tons
Ethanol distillery production decreased 24.3% to 10,311,773 Litres of spirit
Electricity exported to the national grid dropped 74%
Revenue down 57.6%
Sugar revenue down 60%
Electricity sales dropped by 74%
Water bottled dropped 48%
Water sales down 44%

Majameni!
Pesa Nane plans to be shilingi when he grows up.
Back to top
 Report Abusive | Report SPAM
Boris Boyka
#5 Posted : Tuesday, September 29, 2015 9:29:29 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Okay. Where is @HaMaina et al who expected a turnaround? This is like exploring oil in my Kenya.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top
 Report Abusive | Report SPAM
Angelica _ann
#6 Posted : Tuesday, September 29, 2015 10:16:40 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,909
@streetwise with asset strip valuation of 6b. smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
 Report Abusive | Report SPAM
Kastone
#7 Posted : Tuesday, September 29, 2015 11:18:42 PM
Rank: New-farer


Joined: 3/1/2014
Posts: 82
We will bailout Mumias again soon
“The beauty of success is that it doesn’t matter how many times you have failed, you only have to be right once and then everyone can tell you how lucky you are.” - Mark Cuban
Back to top
 Report Abusive | Report SPAM
streetwise
#8 Posted : Wednesday, September 30, 2015 8:16:02 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Lets review your statement around this time next year
Back to top
 Report Abusive | Report SPAM
HaMaina
#9 Posted : Wednesday, September 30, 2015 11:02:54 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 913
Boris Boyka wrote:
Okay. Where is @HaMaina et al who expected a turnaround? This is like exploring oil in my Kenya.


I'm still here na sihami, I didn't expect anything but a loss especially after a 2 month maintainance closure.
“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
Back to top
 Report Abusive | Report SPAM
Impunity
#10 Posted : Wednesday, September 30, 2015 12:12:46 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
HaMaina wrote:
Boris Boyka wrote:
Okay. Where is @HaMaina et al who expected a turnaround? This is like exploring oil in my Kenya.


I'm still here na sihami, I didn't expect anything but a loss especially after a 2 month maintainance closure.


Was the 2 months maintenance closure planned for the financial year?
Shame on you
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
 Report Abusive | Report SPAM
heri
#11 Posted : Wednesday, September 30, 2015 1:04:24 PM
Rank: Member


Joined: 9/14/2011
Posts: 834
Location: nairobi
Okay i know there are sellers and buyers in any market

But i wonder why are people buying at 1.90 which has been the price for a while before this huge loss was unveiled
Back to top
WWW
 Report Abusive | Report SPAM
streetwise
#12 Posted : Wednesday, September 30, 2015 2:07:24 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Because by looking at statement of changes in equity you can immediately see a valuation of 4.00 per share
Back to top
 Report Abusive | Report SPAM
heri
#13 Posted : Wednesday, September 30, 2015 2:54:33 PM
Rank: Member


Joined: 9/14/2011
Posts: 834
Location: nairobi
streetwise wrote:
Because by looking at statement of changes in equity you can immediately see a valuation of 4.00 per share



Please elaborate on this? do you have the financials?
Back to top
WWW
 Report Abusive | Report SPAM
streetwise
#14 Posted : Wednesday, September 30, 2015 3:16:01 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Check the Daily nation page 21 ( Its a full page so you can't miss it)
Back to top
 Report Abusive | Report SPAM
sparkly
#15 Posted : Thursday, October 01, 2015 7:52:01 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
This company is not a going concern. Better liquidate before it causes more heartache
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.