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Mumias FY 2014

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MaichBlack		#201 Posted : Tuesday, December 02, 2014 8:27:49 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,841		Fyatu wrote: I visited tuskys yesterday (a mashinani one) and made a very interesting observation. Most shoppers were buying jogoo, exe, and even hostess(ignoring pembe, taifa etc) as far as flour was concerned. When it came to sugar most were buying the clean and white Sony sugar ignoring that ugly-looking-tuskys-branded sugar, suggesting Kenyans know their brands and want to use them at home. The question to ask is why is mumias sugar not on the shelves? It used to be the clean white(no pun) sugar that everyone was piling on their baskets. Guys at Mumias must pull up their socks. When is the last time a Mumias sugar ad came on tv,radio, newspaper or even social media? Its either management is full of 'akili za kukus' i mean chicken brains or this is clear sabotage Was at Nakumatt on Sunday and also straight away noticed Mumias Sugar was missing on the shelves. What happened to all the stock that was apparently in stores due to the flooding of the market with cheap sugar. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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RearView		#202 Posted : Tuesday, December 02, 2014 9:47:01 AM
Rank: New-farer Joined: 3/16/2014 Posts: 12 Location: Kisumu		MaichBlack wrote: Fyatu wrote: I visited tuskys yesterday (a mashinani one) and made a very interesting observation. Most shoppers were buying jogoo, exe, and even hostess(ignoring pembe, taifa etc) as far as flour was concerned. When it came to sugar most were buying the clean and white Sony sugar ignoring that ugly-looking-tuskys-branded sugar, suggesting Kenyans know their brands and want to use them at home. The question to ask is why is mumias sugar not on the shelves? It used to be the clean white(no pun) sugar that everyone was piling on their baskets. Guys at Mumias must pull up their socks. When is the last time a Mumias sugar ad came on tv,radio, newspaper or even social media? Its either management is full of 'akili za kukus' i mean chicken brains or this is clear sabotage Was at Nakumatt on Sunday and also straight away noticed Mumias Sugar was missing on the shelves. What happened to all the stock that was apparently in stores due to the flooding of the market with cheap sugar. I made the same observation, had to pick sony. Has the factory not opened yet?
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mlennyma		#203 Posted : Tuesday, December 02, 2014 9:56:01 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Mumias is dead on paper, wat remains is for the shareholders to confirm that state or propose a rescue plan and the management called them so that they are not blamed for killing the company without the owners node. "Don't let the fear of losing be greater than the excitement of winning."
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Ericsson		#204 Posted : Tuesday, December 02, 2014 10:08:34 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI		Sony is the new kid on the block and filling the vacuum and shoes left by the demise of Mumias sugar. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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HaMaina		#205 Posted : Tuesday, December 02, 2014 10:35:28 AM
Rank: Veteran Joined: 4/23/2014 Posts: 931		Ericsson wrote: Sony is the new kid on the block and filling the vacuum and shoes left by the demise of Mumias sugar. But Sony is Government owned and will be up for sale soon, all that's going on is psychological defeat of the masses. ( That's a personal opinion ) http://www.standardmedia...s-comesa-deadline-looms “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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streetwise		#206 Posted : Tuesday, December 02, 2014 3:12:15 PM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		As for me not seen any Sony sugar but that blue one of Nakumatt and no other brand. And I am not reading anything into this yet
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VituVingiSana		#207 Posted : Tuesday, December 02, 2014 5:29:21 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		HaMaina wrote: The final week to the AGM is finally here, soon we shall know if we shall have a beer with smiles on our faces or with tears in our eyes, either way we shall have a beer. When and where is the AGM? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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mawinder		#208 Posted : Tuesday, December 02, 2014 6:16:14 PM
Rank: Elder Joined: 4/30/2008 Posts: 6,029		RearView wrote: MaichBlack wrote: Fyatu wrote: I visited tuskys yesterday (a mashinani one) and made a very interesting observation. Most shoppers were buying jogoo, exe, and even hostess(ignoring pembe, taifa etc) as far as flour was concerned. When it came to sugar most were buying the clean and white Sony sugar ignoring that ugly-looking-tuskys-branded sugar, suggesting Kenyans know their brands and want to use them at home. The question to ask is why is mumias sugar not on the shelves? It used to be the clean white(no pun) sugar that everyone was piling on their baskets. Guys at Mumias must pull up their socks. When is the last time a Mumias sugar ad came on tv,radio, newspaper or even social media? Its either management is full of 'akili za kukus' i mean chicken brains or this is clear sabotage Was at Nakumatt on Sunday and also straight away noticed Mumias Sugar was missing on the shelves. What happened to all the stock that was apparently in stores due to the flooding of the market with cheap sugar. I made the same observation, had to pick sony. Has the factory not opened yet? You are too Nairobised, you must realize that Mumias mostly bags its sugar in 50kg bags and not those 2kg and 1 kg packs for people like you!!!!!!!!!
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streetwise		#209 Posted : Tuesday, December 02, 2014 8:48:54 PM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		Say that again. Not heard before
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HaMaina		#210 Posted : Wednesday, December 03, 2014 8:43:32 AM
Rank: Veteran Joined: 4/23/2014 Posts: 931		VituVingiSana wrote: HaMaina wrote: The final week to the AGM is finally here, soon we shall know if we shall have a beer with smiles on our faces or with tears in our eyes, either way we shall have a beer. When and where is the AGM? Please follow the link. http://www.mumias-sugar....hp?page=news-and-events “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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