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Mumias FY 2014
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HaMaina
#21 Posted : Wednesday, September 10, 2014 2:13:21 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
The optimist wrote:
nahdy wrote:
HaMaina wrote:
stock.enigma wrote:
Now a profit warning. The projected loss for the year ending June 2014 will be more than 25% of the loss reported in 2013


Kindly share the link where you got this info from.


http://in.reuters.com/ar...r-idINL5N0RB0DD20140910

Pray How bitter can the sugar get.


These persistent prophesies of doom are getting a little bit out of hand, but still I shall keep my hopes up.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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hisah
#22 Posted : Wednesday, September 10, 2014 3:03:48 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I was waiting for that news event and it has come to pass as expected that is the profit warning. While everyone is clamouring for the NSE pie this is a good hunting ground without crazy buying competition.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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stock.enigma
#23 Posted : Wednesday, September 10, 2014 3:11:21 PM
Rank: Member

Joined: 8/14/2009
Posts: 244
This thing will be at Sh. 2 tomorrow and looks like it might touch Sh 1 by Dec 2014 if nothing changes.
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h2s
#24 Posted : Wednesday, September 10, 2014 3:32:39 PM
Rank: Member

Joined: 7/20/2012
Posts: 141
stock.enigma wrote:
This thing will be at Sh. 2 tomorrow and looks like it might touch Sh 1 by Dec 2014 if nothing changes.

Indeed this will fall especially when Kwale Sugar start production.
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maka
#25 Posted : Wednesday, September 10, 2014 3:55:09 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
HaMaina wrote:
The optimist wrote:
nahdy wrote:
HaMaina wrote:
stock.enigma wrote:
Now a profit warning. The projected loss for the year ending June 2014 will be more than 25% of the loss reported in 2013


Kindly share the link where you got this info from.


http://in.reuters.com/ar...r-idINL5N0RB0DD20140910

Pray How bitter can the sugar get.


These persistent prophesies of doom are getting a little bit out of hand, but still I shall keep my hopes up.

It was coming...
possunt quia posse videntur
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ecstacy
#26 Posted : Wednesday, September 10, 2014 3:58:51 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
hisah wrote:
I was waiting for that news event and it has come to pass as expected that is the profit warning. While everyone is clamouring for the NSE pie this is a good hunting ground without crazy buying competition.


Question.. is this thing on its way to de-listing?..
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Othelo
#27 Posted : Wednesday, September 10, 2014 4:01:26 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
ecstacy wrote:
hisah wrote:
I was waiting for that news event and it has come to pass as expected that is the profit warning. While everyone is clamouring for the NSE pie this is a good hunting ground without crazy buying competition.


Question.. is this thing on its way to de-listing?..

UMK sorted out Sony and Muhoroni on Monday. I think for good will for Western, gava might come in and give some support ..... bailout of sorts!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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stock.enigma
#28 Posted : Wednesday, September 10, 2014 4:03:28 PM
Rank: Member

Joined: 8/14/2009
Posts: 244
Probably it will be suspended when creditors close in. This looks like an Uchumi phenomenon coming. It won't take long.
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Euge
#29 Posted : Wednesday, September 10, 2014 4:11:37 PM
Rank: Elder

Joined: 8/4/2008
Posts: 2,849
Location: Rupi
The optimist wrote:
nahdy wrote:
HaMaina wrote:
stock.enigma wrote:
Now a profit warning. The projected loss for the year ending June 2014 will be more than 25% of the loss reported in 2013


Kindly share the link where you got this info from.


http://in.reuters.com/ar...r-idINL5N0RB0DD20140910

Pray How bitter can the sugar get.


Very bitter especially when this comes from an optimist
Lord, thank you!
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hisah
#30 Posted : Wednesday, September 10, 2014 4:29:10 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
ecstacy wrote:
hisah wrote:
I was waiting for that news event and it has come to pass as expected that is the profit warning. While everyone is clamouring for the NSE pie this is a good hunting ground without crazy buying competition.


Question.. is this thing on its way to de-listing?..

That risk is probable as well as bankruptcy. And if happens then a bailout becomes likely.

Now waiting patiently to see the test below 2/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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