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mumias sugar results-560% growth half year-unaudited
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kizee
#1 Posted : Friday, January 29, 2010 4:48:33 PM
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Joined: 1/9/2008
Posts: 537
can anyone confirm this? man this is insane!

http://www.mumias-sugar....&cntnt01returnid=88

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Much Know
#2 Posted : Friday, January 29, 2010 5:22:01 PM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
http://www.nation.co.ke/busines...1006/852280/-/hdd83lz/-/

Haya! its true, confirmed, can i get this at 11/- monday morning or whats the best bet?
A New Kenya
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kizee
#3 Posted : Friday, January 29, 2010 6:36:58 PM
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Posts: 537
i can sell u mine at 15...
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tuvok
#4 Posted : Friday, January 29, 2010 6:42:39 PM
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Joined: 5/2/2007
Posts: 536
Just seen it on the news - 561% profits - super normal indeed
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Njung'e
#5 Posted : Saturday, January 30, 2010 6:47:29 AM
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Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
My earlier prediction here was 200%-400%........561% is outright crazy.Second half will be equally good barring a serious change in weather between April and June....Ride on!!
Nothing great was ever achieved without enthusiasm.
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the deal
#6 Posted : Saturday, January 30, 2010 8:12:29 AM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Oops it seems lyk we will all be waking up on monday to buy mumias...i can see the demand being 561% higher than the supply...lol.
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Magigi
#7 Posted : Saturday, January 30, 2010 8:29:37 AM
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Joined: 3/31/2008
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Location: Kenya
...This is crazy!! This is phenomenal!! This is big!! I am selling mine at Ksh 16 come monday. The share should go back to its split price of Ksh 20!!!
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Magigi
#8 Posted : Saturday, January 30, 2010 8:33:59 AM
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Joined: 3/31/2008
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...This is crazy!! This is phenomenal!! This is big!! I am selling mine at Ksh 16 come monday. The share should go back to its split price of Ksh 20!!!
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Njung'e
#9 Posted : Saturday, January 30, 2010 10:18:33 AM
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If it touches anywhere near 15 next week,i'll drop it like it's hot.
Nothing great was ever achieved without enthusiasm.
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kizee
#10 Posted : Saturday, January 30, 2010 10:25:13 AM
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Posts: 537
luks like theres oversupply already...wonder who will buy at 15 when we all are sellers
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sokomjinga
#11 Posted : Saturday, January 30, 2010 10:32:37 AM
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Joined: 4/5/2008
Posts: 183
I'll sell when it hits 21. Ha ha.
Taunet Neelel ..... New Beginning .....
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Magigi
#12 Posted : Saturday, January 30, 2010 10:38:21 AM
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Joined: 3/31/2008
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Location: Kenya
@Kizee; That is the point. Don't sell at less than 15 bob!
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mwanafunzi
#13 Posted : Saturday, January 30, 2010 10:59:09 AM
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Joined: 12/3/2008
Posts: 113
a big diversified portfolio isnt good sometimes,should have bought more MSC.with the trend of most if not all counters pointing northwards,I think the risk exposure isnt as bad .the treasury bill rates are easing southwards a good sign of renewed interest in stocks.
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ecstacy
#14 Posted : Saturday, January 30, 2010 1:52:34 PM
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Joined: 2/26/2008
Posts: 4,449
blummer, just when I sold some at 9.60/=!!! next play...
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kishindo
#15 Posted : Saturday, January 30, 2010 5:44:32 PM
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Joined: 1/11/2008
Posts: 121
Monday will be exciting...will the 10% rule apply? If so ecstacy, there is still hope...
and the NSE never ceases to amaze...
Less is more....for Architects only!!
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mukiha
#16 Posted : Saturday, January 30, 2010 6:23:42 PM
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Joined: 6/27/2008
Posts: 4,114
10% rule will NOT apply on Monday, Ithink 15 will be the lowest deal... but who will buy?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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chaliwong
#17 Posted : Saturday, January 30, 2010 8:58:31 PM
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Joined: 1/10/2010
Posts: 73
Location: kenya
That is the advantage of buying into a liquid counter.Easy to buy Easy to sell.
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the deal
#18 Posted : Sunday, January 31, 2010 5:05:08 AM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
If the recent rally is due to guys taking position in this counter then demand will be a problem on monday but still this might be the trigger for retail investor to come back into the market...
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Kamaa
#19 Posted : Sunday, January 31, 2010 6:36:23 PM
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Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
@ecstacy you're not out of the game, come monday you can put a buy order and who knows you can get it at very crazy prices..
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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guru267
#20 Posted : Monday, February 01, 2010 5:08:31 AM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
dudes.... i'm soooo jealous i wish i had bought into this counter earlier cos i had a choice btwn MSC and something else and i chose the latter so now i just have to watch from the side lines....

but i still think this counter wont rally as much as people expect basing that 560% rise was from a very low base....

my prediction is that it me settle btwn 13-16 bob
Mark 12:29
Deuteronomy 4:16
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