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Mumias leaves a bad taste in investors mouths
Aguytrying
#1 Posted : Monday, November 08, 2010 4:01:43 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Just how long and how low will this massacre go on. Today there were trades at 10bob. Price totally disintrested in dividend book closure. This is hard to watch even from the sidelines. What do people think bout the future of this company, will it survive comesa rules. Whats likely to happen. I just see a grim future unless a miracle happens somewhere down the line.
The investor's chief problem - and even his worst enemy - is likely to be himself
Gordon Gekko
#2 Posted : Monday, November 08, 2010 4:09:36 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
It should have gone ex today (?), so that is not surprising
ProverB
#3 Posted : Monday, November 08, 2010 4:13:42 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Aguytrying wrote:
Just how long and how low will this massacre go on. Today there were trades at 10bob. Price totally disintrested in dividend book closure. This is hard to watch even from the sidelines. What do people think bout the future of this company, will it survive comesa rules. Whats likely to happen. I just see a grim future unless a miracle happens somewhere down the line.



They posted notice for AGM in friday's newspapers..alongside annual financials for year ended June 2010.. check through..it will shade some light.

10 bob is good..considering it touched a low of 6.85 since mwaka ianze..its about 46% up. smile
..though this means nothing if you bought at 15.20!! the highest its gone. smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
bartum
#4 Posted : Monday, November 08, 2010 4:20:41 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
its now down 50% since it touched 15.50.
When they released full year i posted here that i will buy only if its bellow 9.50.
My 2 cents
#5 Posted : Monday, November 08, 2010 4:23:45 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,090
bartum wrote:
its now down 50% since it touched 15.50.
When they released full year i posted here that i will buy only if its bellow 9.50.


I guess you mean 34% down.

50% down from 15.5/= would mean it touched 7.75/=

bartum
#6 Posted : Monday, November 08, 2010 4:29:20 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
My 2 cents wrote:
bartum wrote:
its now down 50% since it touched 15.50.
When they released full year i posted here that i will buy only if its bellow 9.50.


I guess you mean 34% down.

50% down from 15.5/= would mean it touched 7.75/=


E & O E
guru267
#7 Posted : Monday, November 08, 2010 5:56:43 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the day saw those results in August I knew this stock was a real SELL SELL!!! and i've been screaming that ever since... Now that its gone ex div lets see how low it can go...

p.s i wouldnt touch this share even at 9 bob
Mark 12:29
Deuteronomy 4:16
Njung'e
#8 Posted : Monday, November 08, 2010 5:58:06 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@qw,
Where thou art?...lol

Nothing great was ever achieved without enthusiasm.
guru267
#9 Posted : Monday, November 08, 2010 5:58:35 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the day saw those results in August I knew this stock was a real SELL SELL!!! and i've been screaming that ever since... Now that its gone ex div lets see how low it can go... And let me give another warning UNGA WILL GO THROUGH THE EXACT SAME THING THE DAY IT GOES EX DIV....

p.s i wouldnt touch mumias even at 9 bob
Mark 12:29
Deuteronomy 4:16
guru267
#10 Posted : Monday, November 08, 2010 6:00:26 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Njung'e wrote:
@qw,
Where thou art?...lol


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Mark 12:29
Deuteronomy 4:16
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