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Mumias FY 2014
murchr
#141 Posted : Friday, November 07, 2014 3:16:32 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Metasploit wrote:
Realtreaty wrote:
Mumias stock shrinks to 91pc of State offer price
The best thing the govt still hold a chunk of shares and won't let go. fter next season opening business will not be as usaul, it will come back with a bang and as new with new faces.
It will quickly retrace its steps up to 6kes very quickly before settling at 9 by june 2015


What are you smoking over there ?


Laughing out loudly
"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
.
streetwise
#142 Posted : Friday, November 07, 2014 3:24:57 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Cuban Cigar
jerry
#143 Posted : Friday, November 07, 2014 4:20:55 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Metasploit wrote:
Realtreaty wrote:
Mumias stock shrinks to 91pc of State offer price
The best thing the govt still hold a chunk of shares and won't let go. fter next season opening business will not be as usaul, it will come back with a bang and as new with new faces.
It will quickly retrace its steps up to 6kes very quickly before settling at 9 by june 2015


What are you smoking over there ?

@metasploit. Kuwa mpole kwake. He might be a "victim" and your signature is apt.
The opposite of courage is not cowardice, it's conformity.
jerry
#144 Posted : Friday, November 07, 2014 4:29:19 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Sober wrote:
MKWASI wrote:
I didn't know sugar can be bitter. However, it turns out to be exactly that.


When the 2.00 support was penetrated, I knew guys holding are in for a rough ride. I will be tempted to jump in when it gets to the 1.30-1.50 region maybe mid December

@Sober. This might be an early Christmas.
The opposite of courage is not cowardice, it's conformity.
Realtreaty
#145 Posted : Tuesday, November 11, 2014 12:55:16 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
With the govt holding 20% of the stock I am confident the Firm still has room for recovery.
Poor auditing by political and corrupt Kenyan Audit firms must be punished. But who will punish a thief overlooking for another thief?
The Audit firms need to be taken back to class and be re-licensed if they pass the net.
The audit firms are part and parcel of the corrupt scavengers who for their business continuity give us lies on paper to read.
Then comes the firms that license these Audit firms that are as well controlled by people who own audit firms and have interests.
Wanjiku wish to buy at low as she has confident it will soon move up like me.
After scrapping the ashes and rust during the closure mumias will come back with a bang. The rusty managers are leaving and trimming of staff is happening. By June 2015 a simple profit will be on the books with share running back to 9 kshs if Govt come with a gun shooting down all none-performers.
Quote:
COWS GET THINNER WHEN RAINS STARTS AND FATTER WHILE RAIN ENDS
Realtreaty
#146 Posted : Wednesday, November 12, 2014 2:19:40 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Punish those behind Mumias Sugar woes
The govt should bring in more new faces
Naikuni is also a farmer and can handle mumias with a hawkish eye to bring it back to profitability with blessings of President Uhuru.
The optimist
#147 Posted : Thursday, November 13, 2014 10:48:01 AM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
Mumias Loss after Tax increased from 1.6bn in 2013 to 2.7bn in 2014.

Loss Per Share increased from 1.09 in 2013 to 1.77 2014

Full results
maka
#148 Posted : Thursday, November 13, 2014 11:11:33 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Realtreaty wrote:
Punish those behind Mumias Sugar woes
The govt should bring in more new faces
Naikuni is also a farmer and can handle mumias with a hawkish eye to bring it back to profitability with blessings of President Uhuru.


Naikuni????
possunt quia posse videntur
streetwise
#149 Posted : Thursday, November 13, 2014 12:02:59 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Why do we keep on running to the old guards, there are so many young people who can do this why not give them a chance to proof themselves.

May be there are some theories on this but I really get surprised when we say the youth have no jobs and we keep on recycling those who have retired and enjoying their retirement for that matter.
jerry
#150 Posted : Thursday, November 13, 2014 1:13:32 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Realtreaty wrote:
Punish those behind Mumias Sugar woes
The govt should bring in more new faces
Naikuni is also a farmer and can handle mumias with a hawkish eye to bring it back to profitability with blessings of President Uhuru.

TN is a sugar cane farmer of MSC?
The opposite of courage is not cowardice, it's conformity.
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