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Mumias Sugar huge demand
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murchr
#201 Posted : Saturday, August 10, 2013 10:28:15 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
mwekez@ji wrote:
Another fair price cut via @Contrarian.Investing.Kenya, Fair Price KES 3.50 >>> http://contrarianinvestingkenya...sugar-industry-struggles


smile
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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hisah
#202 Posted : Monday, August 12, 2013 12:44:03 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Currently testing 3.95/- A close below 4/- and 3/- becomes the next target.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#203 Posted : Monday, August 12, 2013 6:19:06 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
And it closed below 4/- with VWAP @3.95... SOS...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr
#204 Posted : Monday, August 12, 2013 6:22:50 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
@Mukiri did you disembark?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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cnn
#205 Posted : Tuesday, August 13, 2013 1:04:41 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,622
One way ticket...down to 3.60 with the demand column a clean sheet.Folks getting roasted here.
But it brings back memories of a past ride from these levels to 10 bob,this time around i will sit out.
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Mukiri
#206 Posted : Tuesday, August 13, 2013 1:10:42 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
murchr wrote:
@Mukiri did you disembark?

Cheka tuSad Half a Milli just like that.. I'll never sale this share!

Proverbs 19:21
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King G
#207 Posted : Tuesday, August 13, 2013 1:39:02 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Mukiri wrote:
murchr wrote:
@Mukiri did you disembark?

Cheka tuSad Half a Milli just like that.. I'll never sale this share!


I will make it my sweeping share. Whenever you have those funny balances of 300-500bob, you buy this junk. smile smile smile
Thieves
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Siringi
#208 Posted : Tuesday, August 13, 2013 2:55:20 PM
Rank: Elder


Joined: 6/8/2013
Posts: 2,517
Take heart pastor tuko wengi ... pamoja na GoK, MSC haiendi pahali.
Starting to accumulate

Mukiri wrote:
murchr wrote:
@Mukiri did you disembark?

Cheka tuSad Half a Milli just like that.. I'll never sale this share!

"πŸ˜–πŸ˜‘KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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the deal
#209 Posted : Tuesday, August 13, 2013 3:07:13 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
d'oh! d'oh! d'oh! Sukari smile
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hisah
#210 Posted : Tuesday, August 13, 2013 3:23:06 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
@guru - still waiting at 3.50? You will get overfilled...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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cnn
#211 Posted : Wednesday, August 14, 2013 11:19:22 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,622
@ 3.40 more than 9% drop again today,KQ touching 9 and KK also being hammered.Will we ever get to 5000 on the index with these counters being constituents of the same?
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mwekez@ji
#212 Posted : Wednesday, August 14, 2013 11:40:30 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
hisah wrote:
@guru - still waiting at 3.50? You will get overfilled...


I need your crystal ball chief hisah. 3.50 now overfilled
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King G
#213 Posted : Wednesday, August 14, 2013 11:42:39 AM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
woyeeeeeee @mukiri keep the faith and be strong
Thieves
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mwekez@ji
#214 Posted : Wednesday, August 14, 2013 11:42:41 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
3.40 the only pending bid

BIDS 91,900
Quantity Price Splits Time
91,900 3.40 6 11:38:10
- - - -
- - - -
- - - -
- - - -
ASKS 2.02M
Quantity Price Splits Time
1,300 3.45 1 11:38:10
100,400 3.50 5 11:38:10
52,700 3.60 1 11:38:10
86,800 3.70 4 11:38:10
200 3.75 1 11:38:10
TRADES
Quantity Price Time
200 3.40 11:34:20
800 3.45 11:34:20
1,000 3.50 11:15:58
500 3.40 11:10:33
500 3.50 11:03:21
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georgegop
#215 Posted : Wednesday, August 14, 2013 12:28:34 PM
Rank: Member


Joined: 8/30/2010
Posts: 183
Location: Migingo
The share prices are tumbling!! Mumias is collapsing!!
Don't Work for Money, Let Money Work for You..
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ngapat
#216 Posted : Wednesday, August 14, 2013 12:48:38 PM
Rank: Veteran


Joined: 12/11/2006
Posts: 914
georgegop wrote:
The share prices are tumbling!! Mumias is collapsing!!


Does the strategy of buying when others are fearful apply here d'oh!
Temped but again cant help but fear a further slide down. Bidding at 3 bob
β€œInvest in yourself. Your career is the engine of your wealth.”
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King G
#217 Posted : Wednesday, August 14, 2013 12:55:17 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Who knew that one day Mumias and Neveready will be birds of a feather at 2.8 bob. But Mumias has more wanjikus than Neveready. Stress nayo kwao.
Thieves
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cnn
#218 Posted : Wednesday, August 14, 2013 3:07:23 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,622
Some foreign buyers stepping in right at the end of the trading session for mumias sugar taking the turnover to 3.75 million shares @3.40,which also is the VWAP at the close...cartoonists,is that the bottom?
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guru267
#219 Posted : Wednesday, August 14, 2013 3:15:14 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
@guru - still waiting at 3.50? You will get overfilled...


Bought a huge chunk yesterday and today at between 3.4-3.6 bob!

I can't see it below 3bob... Today might also provide a new support at 3.5!
Mark 12:29
Deuteronomy 4:16
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hisah
#220 Posted : Wednesday, August 14, 2013 3:25:48 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
hisah wrote:
@guru - still waiting at 3.50? You will get overfilled...


Bought a huge chunk yesterday and today at between 3.4-3.6 bob!

I can't see it below 3bob... Today might also provide a new support at 3.5!

VWAP @3.40. Oversold, but no volume support for any sustainable bounce. I think 3/- is a better level.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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