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Mumias FY 2014
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Akenyan2014
#181 Posted : Monday, November 17, 2014 2:18:21 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
ike wrote:
Akenyan2014 wrote:
ike wrote:
what has changed to warrant this errant behavior other than mere stochastic changes of the stock market.


Not MSC alone, while sellers were running away, Ciano was also charging up his purchase machine. Watch and learn !

so you implying the recent bear across all stocks was stage managed so that some 'hidden hands' could stack up at lower prices?


I cannot imply that but it appears there was a selective choice of media play. What was the BD, star & Standard continuously and successively releasing scaring news on UCHM only to come days later and release a dossier that the directors have been increasing their stake all along?

Who doesn't know MSC routinely closes for maintenance? But the news was packaged the order and manner to cause extreme panic selling. And many sold !!d'oh!
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ike
#182 Posted : Monday, November 17, 2014 2:47:10 PM
Rank: Member

Joined: 7/2/2014
Posts: 123
Akenyan2014 wrote:
ike wrote:
Akenyan2014 wrote:
ike wrote:
what has changed to warrant this errant behavior other than mere stochastic changes of the stock market.


Not MSC alone, while sellers were running away, Ciano was also charging up his purchase machine. Watch and learn !

so you implying the recent bear across all stocks was stage managed so that some 'hidden hands' could stack up at lower prices?


I cannot imply that but it appears there was a selective choice of media play. What was the BD, star & Standard continuously and successively releasing scaring news on UCHM only to come days later and release a dossier that the directors have been increasing their stake all along?

Who doesn't know MSC routinely closes for maintenance? But the news was packaged the order and manner to cause extreme panic selling. And many sold !!d'oh!

conspiracy or no conspiracy, stock market prices go up and down anywhere in the world.... or maybe we are getting to a fundamental truth.
,
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hisah
#183 Posted : Monday, November 17, 2014 2:54:53 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Akenyan2014 wrote:
ike wrote:
Akenyan2014 wrote:
ike wrote:
what has changed to warrant this errant behavior other than mere stochastic changes of the stock market.


Not MSC alone, while sellers were running away, Ciano was also charging up his purchase machine. Watch and learn !

so you implying the recent bear across all stocks was stage managed so that some 'hidden hands' could stack up at lower prices?


I cannot imply that but it appears there was a selective choice of media play. What was the BD, star & Standard continuously and successively releasing scaring news on UCHM only to come days later and release a dossier that the directors have been increasing their stake all along?

Who doesn't know MSC routinely closes for maintenance? But the news was packaged the order and manner to cause extreme panic selling. And many sold !!d'oh!

Applause Applause Applause

Trading the news. Some are beginning to get it smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#184 Posted : Monday, November 17, 2014 3:27:06 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Realtreaty wrote:
MPs, activists allege parliamentary report on sugar crisis doctored
Barons, Morons, Herons call them by any name , they are the people holding us hostage!!!!!

Wrong url format. Quote my post to see the format.

Click here for the MSC story
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma
#185 Posted : Monday, November 17, 2014 3:54:44 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Panic sellers must always be told bitter lessons,I will never have mercy on them.
"Don't let the fear of losing be greater than the excitement of winning."
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streetwise
#186 Posted : Monday, November 17, 2014 5:31:44 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I totally agree with you. Panicky fellows should quick this game it is not for faint hearted.
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Realtreaty
#187 Posted : Friday, November 21, 2014 11:12:52 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
@ 2.05, the Natures' Sweetness going up and up to its nest. For the next 1 month could it land at 5 and official purging and re-opening with a bang as a teenage in the block?
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Realtreaty
#188 Posted : Monday, November 24, 2014 1:29:52 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387

Speculation on the Mumias Sugar Company counter by local investors incentivised by its low nominal price has pushed the stock to a six-week high price of Sh2.
Mumias gained 30 per cent over the past week, during which the counter saw heavy trading as bargain hunters and speculators bet on the counter that opened the week at Sh1.55, meaning an investor would only need about Sh1,600 to buy into the stock.
“Mumias Sugar edged up on the back of speculative local investor interest,” said Standard Investment Bank in a market report last week.
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mlennyma
#189 Posted : Monday, November 24, 2014 8:09:33 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Yaani this guys see no value added to mumias but only speculation.
"Don't let the fear of losing be greater than the excitement of winning."
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RearView
#190 Posted : Monday, November 24, 2014 10:31:06 AM
Rank: New-farer

Joined: 3/16/2014
Posts: 12
Location: Kisumu
mlennyma wrote:
Yaani this guys see no value added to mumias but only speculation.

I would really like to know the value added other than speculation. One year comesa safeguard extension is expiring in 2 or so months and the company is running at losses.
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