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Mumias FY 2014
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Realtreaty
#291 Posted : Thursday, December 18, 2014 8:18:14 PM
Rank: Elder

You have been a member since:: 8/16/2011
Posts: 2,387
streetwise wrote:
Ajaaiii now awake..any techie who can tell me how they are achieving self-powering


Actually they produce Power 38MW and export part of it 26MW to Kenya Power.
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Mucene
#292 Posted : Friday, December 19, 2014 9:17:02 AM
Rank: Member

Joined: 8/4/2012
Posts: 155
Location: Kenya
Factory to re-open after two months. What I don't get is why produce power, sell to KP and then buy again. Or where is the electricity bill coming from considering that they don't sell the whole amount produced?

http://www.businessdaily...16/-/uig0qo/-/index.html
If you don't want to go to plan B have a good plan A.
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RearView
#293 Posted : Friday, December 19, 2014 10:10:35 AM
Rank: New-farer

Joined: 3/16/2014
Posts: 12
Location: Kisumu
[quote=Mucene]Factory to re-open after two months. What I don't get is why produce power, sell to KP and then buy again. Or where is the electricity bill coming from considering that they don't sell the whole amount produced?

http://www.businessdaily...6/-/uig0qo/-/index.html[/quote]

I am confused, MSC closes for maintenance (while unable to sell their stock because of cheap imports) and sugar becomes scarce, then importation are made to fill the scarcity, yet other millers have idle stock. Who is fooling who?
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streetwise
#294 Posted : Friday, December 19, 2014 10:49:50 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
See these imports may be made to enrich some guys at the same time you pay for imports using US $ a scarce commodity, so you balance and that why MSC is still needed.
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S.Mutaga III
#295 Posted : Friday, December 19, 2014 11:53:46 AM
Rank: Member

Joined: 3/26/2012
Posts: 830
I still never understand why a disciplined investor would buy mumias
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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HaMaina
#296 Posted : Friday, December 19, 2014 12:00:43 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
S.Mutaga III wrote:
I still never understand why a disciplined investor would buy mumias

Please read and think about your quote on a succesful man and am sure you shall find the answer.

“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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S.Mutaga III
#297 Posted : Friday, December 19, 2014 12:17:28 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
HaMaina wrote:
S.Mutaga III wrote:
I still never understand why a disciplined investor would buy mumias

Please read and think about your quote on a succesful man and am sure you shall find the answer.


You are a misguided soul. The NSE gives you over 55 counters to choose from. By choosing Mumias, you are not making the best from what you have (55+ counters).
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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The optimist
#298 Posted : Friday, December 19, 2014 12:50:03 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
S.Mutaga III wrote:
HaMaina wrote:
S.Mutaga III wrote:
I still never understand why a disciplined investor would buy mumias

Please read and think about your quote on a succesful man and am sure you shall find the answer.


You are a misguided soul. The NSE gives you over 55 counters to choose from. By choosing Mumias, you are not making the best from what you have (55+ counters).

I concur. Mumias is now a speculators' stock.
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Akenyan2014
#299 Posted : Monday, December 22, 2014 9:54:30 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Mucene wrote:
Factory to re-open after two months. What I don't get is why produce power, sell to KP and then buy again. Or where is the electricity bill coming from considering that they don't sell the whole amount produced?

http://www.businessdaily...6/-/uig0qo/-/index.html[/quote]

Wiper could easily tell your your name betrays you, brother. When you get excess don't you dispose, when yours is insufficient don't you buy more?
Word has it that in the case of the tea sector, those factories mainly at Central have similar power arrangements pay their farmers a better bonus than those in the Rift Valley who buy all power from KPLC.
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  | | Edit by user: Monday, December 22, 2014 9:56 AM | Reason: Not specified
streetwise
#300 Posted : Monday, December 22, 2014 3:53:43 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Now on a more postive note once the factory opens will it produce

1. Sugar 2. Water 3. Elec and 5. Ethanol , are there other products
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