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mumias sugar H1 down 22%
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For Sport
#91 Posted : Tuesday, June 14, 2011 9:02:57 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
youcan'tstopusnow wrote:
For Sport wrote:
If we privatize state owned sugar companies, we get another extension re COMESA:
http://allafrica.com/stories/201104010785.html

Things may not be so gloomy for Mumias after all


If the Sugar Amendment Bill is passed, Strategic investors will be allowed to own a 51% stake in the sugar firms being privatized (Nzoia, Chemelil, Muhoroni, Miwani)
http://www.brecorder.com...ors-to-sugar-firms.html
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dunkang
#92 Posted : Tuesday, June 21, 2011 8:41:59 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
VERY DISAPPOINTED TO-DATE! Just waiting to see if this will come up again to 9 bob, at least i break-even, lakini its still disappointing. EVEN AFTER THE MUMIAS WITH VITAMIN A, bado ni kubaya. Maybe they should try, MUMIAS HERBAL!
Receive with simplicity everything that happens to you.” ― Rashi

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the deal
#93 Posted : Tuesday, June 21, 2011 8:53:09 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The CEO wants to be a politician/governor or something like that...Well production increased by 9% in the 2H...global sugar prices have crushed..so MSc might do well but not that well...there is also the Comesa dark cloudy on this stock.
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dunkang
#94 Posted : Tuesday, June 21, 2011 9:03:58 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
@ deal, i agree, but what-up with its price. A movement upwards is followed by a slide downwards even with good news from everywhere!

http://www.sugaronline.c...e_contents/view/1175212

http://www.sugaronline.c...te_contents/view/1175193
Receive with simplicity everything that happens to you.” ― Rashi

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youcan'tstopusnow
#95 Posted : Tuesday, June 21, 2011 8:08:27 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
WhistleWake me up when Tarda starts...Whistle
GOD BLESS YOUR LIFE
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guru267
#96 Posted : Tuesday, June 21, 2011 9:34:11 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
The CEO wants to be a politician/governor or something like that...Well production increased by 9% in the 2H...global sugar prices have crushed..so MSc might do well but not that well...there is also the Comesa dark cloudy on this stock.


I bought into this stock yesterday at 7.3.. I'm plannin to get out at 9 soon
Mark 12:29
Deuteronomy 4:16
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Cde Monomotapa
#97 Posted : Tuesday, June 21, 2011 9:36:52 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Dog?
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mwekez@ji
#98 Posted : Tuesday, June 21, 2011 10:38:13 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
.
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  | | Edit by user: Wednesday, June 22, 2011 10:38 PM | Reason: Not specified
mwekez@ji
#99 Posted : Wednesday, June 22, 2011 10:40:44 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121

Quote:
Raw Sugar prices have rebounded with some Vigour and Raw Sugar is once again only 8.23% off its 2011 High which was also a 31 Year High.
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Njung'e
#100 Posted : Wednesday, July 13, 2011 1:38:10 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Hit and hurt
Nothing great was ever achieved without enthusiasm.
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