Profit before tax fell 73.3%

Earnings Per Share fell 70%..

Negative cashflow balance to tune of 648million means on a pershare basis..they r runnin on debt...

I totally have nothing to say.

The race is not always to the swift..nor the battle always to the strong..nor food always to the wise..nor riches always to the intelligent..favor is not always to the skilled..or learned..but time and chance happens to all. Ecl9:5..

@jammo...thanks. i think my emotional attachment to mumias shud b cut off now. the share price could dip to 3 bob!

on another note,thanks for the Eccl quote...the race is neither to the swift nor to the strong...but chance favors them all. that is stocks




Where else would it be?

Could it be a result of the Poll violence? Bad whether conditions?Mismanagement?

Whatever the cause,should one who has those shares just cut there losses and dump them?

Is all lost? I bought mine @ 14 shillings so right now the value has dropped by more than 50% !!!!


wakahoro

Does anyone know what became of the case MSC had logded against an importer who imported a large quantity of cheap sugar in 'Mumias Sugar' branded sacks?

Manufacturin industry had a terrible 6months endin dec 08..i doubt many are eager to publish interim result....n Mumias is the first.. atleast u understand why eveready results are 2weeks late from traditional reportin date..

The race is not always to the swift..nor the battle always to the strong..nor food always to the wise..nor riches always to the intelligent..favor is not always to the skilled..or learned..but time and chance happens to all. Ecl9:5..