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Flour Milling Business
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mmarto
#11 Posted : Tuesday, January 27, 2015 10:39:27 AM
Rank: Member

Joined: 4/20/2010
Posts: 412
Location: nairobi
mjuaji wa stocks wrote:
@ mawinder and Wairegi;

Thanks you very much sirs for this valuable info!!

Applause Applause Applause Applause Applause Applause Applause Applause

Kama iko ingine ..... ongeza smile smile

Pana mbaya.


@ mjuaji did you ever begin this venture?
The only time you should be looking down on others is when you are helping them up.
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Mariacha
#12 Posted : Sunday, February 01, 2015 7:13:03 AM
Rank: Member

Joined: 5/4/2011
Posts: 115
mmarto wrote:
mjuaji wa stocks wrote:
@ mawinder and Wairegi;

Thanks you very much sirs for this valuable info!!

Applause Applause Applause Applause Applause Applause Applause Applause

Kama iko ingine ..... ongeza smile smile

Pana mbaya.


@ mjuaji did you ever begin this venture?


Yes, @mjuaji, please let us know if and how it turned up..
the warmer the blankets, the colder the future
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Wendz
#13 Posted : Monday, September 28, 2015 5:52:43 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Mariacha wrote:
mmarto wrote:
mjuaji wa stocks wrote:
@ mawinder and Wairegi;

Thanks you very much sirs for this valuable info!!

Applause Applause Applause Applause Applause Applause Applause Applause

Kama iko ingine ..... ongeza smile smile

Pana mbaya.


@ mjuaji did you ever begin this venture?


Yes, @mjuaji, please let us know if and how it turned up..


Waiting to hear...
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mmarto
#14 Posted : Monday, September 28, 2015 9:25:21 PM
Rank: Member

Joined: 4/20/2010
Posts: 412
Location: nairobi
Wendz wrote:
Mariacha wrote:
mmarto wrote:
mjuaji wa stocks wrote:
@ mawinder and Wairegi;

Thanks you very much sirs for this valuable info!!

Applause Applause Applause Applause Applause Applause Applause Applause

Kama iko ingine ..... ongeza smile smile

Pana mbaya.


@ mjuaji did you ever begin this venture?


Yes, @mjuaji, please let us know if and how it turned up..


Waiting to hear...



The maths does not make sense to me going by market figures e.g a 2kg unga Jogoo sells for kshs 96.00 at supermarkets. If you buy raw maize from the market 1 "gogoro" (i.e 2kg) goes for kshs 120.00. So unless akina unga and other millers are buying maize from NCPB at very low discount prices and unless the prospective miller gets theirs at the same price then you'll be non-competitive.
The only time you should be looking down on others is when you are helping them up.
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wairegi
#15 Posted : Tuesday, September 29, 2015 12:44:26 PM
Rank: Member

Joined: 6/4/2007
Posts: 215
mmarto wrote:
Wendz wrote:
Mariacha wrote:
mmarto wrote:
mjuaji wa stocks wrote:
@ mawinder and Wairegi;

Thanks you very much sirs for this valuable info!!

Applause Applause Applause Applause Applause Applause Applause Applause

Kama iko ingine ..... ongeza smile smile

Pana mbaya.


@ mjuaji did you ever begin this venture?


Yes, @mjuaji, please let us know if and how it turned up..


Waiting to hear...



The maths does not make sense to me going by market figures e.g a 2kg unga Jogoo sells for kshs 96.00 at supermarkets. If you buy raw maize from the market 1 "gogoro" (i.e 2kg) goes for kshs 120.00. So unless akina unga and other millers are buying maize from NCPB at very low discount prices and unless the prospective miller gets theirs at the same price then you'll be non-competitive.


I still believe this is a very worthy business here is my take;

1. Price of maize in Nairobi ranges from 2600-3000 Shilling per bag translating to 26 to 33 shilling per kg.
2. By product of the Maize germ...1600 for 50Kg bag i.e 32 per kg
3. Maize bran 600 per 50 kg translates to 12sh per kg.

The margins are there considering Unga is a daily and twice a day meal for many.
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kayhara
#16 Posted : Tuesday, September 29, 2015 1:17:39 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
The kitui grain miller in Mombasa told me that the business has low returns on huge investment he said that for every 50 million he circulates ie buy grain, pay workers etc he gets only 2.5 million as profit, but depends on how you look at it for some people 2.5 million is a lot of money.
To Each His Own
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Robinhood
#17 Posted : Tuesday, September 29, 2015 2:00:23 PM
Rank: Elder

Joined: 12/11/2008
Posts: 2,306
mmarto wrote:
Wendz wrote:
Mariacha wrote:
mmarto wrote:
mjuaji wa stocks wrote:
@ mawinder and Wairegi;

Thanks you very much sirs for this valuable info!!

Applause Applause Applause Applause Applause Applause Applause Applause

Kama iko ingine ..... ongeza smile smile

Pana mbaya.


@ mjuaji did you ever begin this venture?


Yes, @mjuaji, please let us know if and how it turned up..


Waiting to hear...



The maths does not make sense to me going by market figures e.g a 2kg unga Jogoo sells for kshs 96.00 at supermarkets. If you buy raw maize from the market 1 "gogoro" (i.e 2kg) goes for kshs 120.00. So unless akina unga and other millers are buying maize from NCPB at very low discount prices and unless the prospective miller gets theirs at the same price then you'll be non-competitive.


You cant buy in gorogos bro. Utachomeka mbaya. That said, my analysis also points to a rather low margin business.
Great men are not always wise, neither do the aged understand judgement...
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mawinder
#18 Posted : Tuesday, September 29, 2015 5:01:45 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
kayhara wrote:
The kitui grain miller in Mombasa told me that the business has low returns on huge investment he said that for every 50 million he circulates ie buy grain, pay workers etc he gets only 2.5 million as profit, but depends on how you look at it for some people 2.5 million is a lot of money.

That's a lot of money if he is able to clear the stock weekly. Compound the figures and see for yourself.
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mugz
#19 Posted : Thursday, September 13, 2018 11:05:42 AM
Rank: Member

Joined: 1/31/2007
Posts: 26
mjuaji wa stocks wrote:
I am planning to venture into both maize and flour milling business ...... what is the capital investment like?

What machines do i need?

Any idea where i can get the machines at fair prices?

Chinese or european machines - which are the best?

Is 5 acres of land enough for this enterprise?

Advice / ideas so much welcome!!

The beauty and benefits of wazua.


@mjuaji, how did this venture turn out?
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Mukiri
#20 Posted : Saturday, October 27, 2018 5:14:33 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Kenyans and Americans have something in common => They both like BIG things! What happened to growing? Starting small and growing from there?

Case in point, I cannot dry my cup or two of maize and mill it for myself at home. Why? There is NO kitchen mill available in Kenya!


Proverbs 19:21
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