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Mumias Sugar huge demand
Rank: Elder Joined: 6/8/2013 Posts: 2,517
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"ππ‘KQ makes money for everyone except the shareholder ππ " overheard in Wazua
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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what a mess.
Isnt there some one that when he sees these news he ducks even when alone.
Shame shame shame !!!!
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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And now I concede. Mumias Sugar Company is DEAD!!! Dead as a Dodo!!!! Receive with simplicity everything that happens to you.β β Rashi
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Boris Boyka wrote:Aardwolf wrote:Aguytrying wrote:Boris Boyka wrote:Aguytrying wrote:murchr wrote:Njung'e wrote:VituVingiSana wrote:Chutzpah! EK has quit as CEO but still continues the repackaging biashara! Thanks guys! The packaging machines in use at the said godown were bought secondhand from msc for a song. To complete the line, a team of experienced employees was also poached by the godown. Take that! Kweli....Kenya ina wenyewe That's why when u see fishy dealings in a firm just run! So you ran away from HFCK...okay!  wewe Boris unanitafutanga sana. HFCK I got the short end of the rights issue pie so I sold nderitu that was left. but on britam above formula applies....  my brother @Aguy...brothers keep watch over each other! I will buy you cement at the AGM Kweli kabisa. much appreciated In this NSE full of sharks, we need bothers watching out for each other. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Aguytrying wrote:Boris Boyka wrote:Aardwolf wrote:Aguytrying wrote:Boris Boyka wrote:Aguytrying wrote:murchr wrote:Njung'e wrote:VituVingiSana wrote:Chutzpah! EK has quit as CEO but still continues the repackaging biashara! Thanks guys! The packaging machines in use at the said godown were bought secondhand from msc for a song. To complete the line, a team of experienced employees was also poached by the godown. Take that! Kweli....Kenya ina wenyewe That's why when u see fishy dealings in a firm just run! So you ran away from HFCK...okay! wewe Boris unanitafutanga sana. HFCK I got the short end of the rights issue pie so I sold nderitu that was left. but on britam above formula applies.... my brother @Aguy... brothers keep watch over each other! I will buy you cement at the AGM Kweli kabisa. much appreciated In this NSE full of sharks, we need bothers watching out for each other. veiled makonde
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mauritius Omnicane pretax profits dive 52 pct in 2014Quote:Omnicane said pretax profit fell to 269.35 million rupees ($7.80 million) from a year earlier, while earnings per share fell to 3.20 rupees from 6.24 rupees.
"The sugar price is still under pressure in the EU market and no improvement is expected," Omnicane said in a statement, adding it was exploring ways to improve profitability in its sugar business.
Omnicane also produces electricity from the waste it generates from milling sugar, which it sells to the national grid. Since last April, it has operated an ethanol plant. Commodities have been taking it in the chin. MSC is closely fixed in this commodities price slump. If a firm like Omnicane can nosedive this way, God help MSC  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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KRA to raid Mumias Sugar and take over its accounts over unpaid taxes anytime!!!!!!!!!!!!!
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Rank: Member Joined: 8/16/2012 Posts: 661
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Njung'e wrote:Aardwolf wrote: I wouldn't touch this stock even with a long pole. I pity those who were averaging down after the music stopped. So sad. Packaging of smuggled sugar in MSC films has been on for a long time and those behind it are well known.One is a county governor and his key man is a Kenyan of Somali origin who operates from godowns in Eastleigh. The sugar is then distributed throughout the country using the same MSC sugar distributors including a supermarket with a name originating from a town in Rift valley. Other barons are based in Mombasa , Garissa ,Malindi and Lamu.Their key gateways are Liboi and the small sleepy island of Kiwaayu,four hour boat ride from Lamu towards Somali territory. In reality,nothing keeps the Al-shabaab alive more than smuggled sugar and that is why the barons want MSC dead! Live and learn; and donβt forget, nothing ventured, nothing gained.
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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Museveni wrote:Njung'e wrote:Aardwolf wrote: I wouldn't touch this stock even with a long pole. I pity those who were averaging down after the music stopped. So sad. Packaging of smuggled sugar in MSC films has been on for a long time and those behind it are well known.One is a county governor and his key man is a Kenyan of Somali origin who operates from godowns in Eastleigh. The sugar is then distributed throughout the country using the same MSC sugar distributors including a supermarket with a name originating from a town in Rift valley. Other barons are based in Mombasa , Garissa ,Malindi and Lamu.Their key gateways are Liboi and the small sleepy island of Kiwaayu,four hour boat ride from Lamu towards Somali territory. In reality,nothing keeps the Al-shabaab alive more than smuggled sugar and that is why the barons want MSC dead! Going by guka's thesis, I wonder then why Al Shaby would bomb 'their' own sugar...  For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 8/16/2012 Posts: 661
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winmak wrote:Museveni wrote:Njung'e wrote:Aardwolf wrote: I wouldn't touch this stock even with a long pole. I pity those who were averaging down after the music stopped. So sad. Packaging of smuggled sugar in MSC films has been on for a long time and those behind it are well known.One is a county governor and his key man is a Kenyan of Somali origin who operates from godowns in Eastleigh. The sugar is then distributed throughout the country using the same MSC sugar distributors including a supermarket with a name originating from a town in Rift valley. Other barons are based in Mombasa , Garissa ,Malindi and Lamu.Their key gateways are Liboi and the small sleepy island of Kiwaayu,four hour boat ride from Lamu towards Somali territory. In reality,nothing keeps the Al-shabaab alive more than smuggled sugar and that is why the barons want MSC dead! Going by guka's thesis, I wonder then why Al Shaby would bomb 'their' own sugar... Loyalty is not a value in this 'business' Still early to know the 'owners', attackers, motive, destination... One thing clear though, these consignments belong to shady ruthless characters; if police can't manage to survive along the borders but these guys are doing 'international trade' in a war zone.. Live and learn; and donβt forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Museveni wrote:winmak wrote:Museveni wrote:Njung'e wrote:Aardwolf wrote: I wouldn't touch this stock even with a long pole. I pity those who were averaging down after the music stopped. So sad. Packaging of smuggled sugar in MSC films has been on for a long time and those behind it are well known.One is a county governor and his key man is a Kenyan of Somali origin who operates from godowns in Eastleigh. The sugar is then distributed throughout the country using the same MSC sugar distributors including a supermarket with a name originating from a town in Rift valley. Other barons are based in Mombasa , Garissa ,Malindi and Lamu.Their key gateways are Liboi and the small sleepy island of Kiwaayu,four hour boat ride from Lamu towards Somali territory. In reality,nothing keeps the Al-shabaab alive more than smuggled sugar and that is why the barons want MSC dead! Going by guka's thesis, I wonder then why Al Shaby would bomb 'their' own sugar... Loyalty is not a value in this 'business' Still early to know the 'owners', attackers, motive, destination... One thing clear though, these consignments belong to shady ruthless characters; if police can't manage to survive along the borders but these guys are doing 'international trade' in a war zone.. Mafioso
KQ ABP 4.26
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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End of the road.Imminent closure this coming week. The current md and board chair are two drunk donkeys.....bure kabisa!! Nothing great was ever achieved without enthusiasm.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Njung'e wrote:End of the road.Imminent closure this coming week. The current md and board chair are two drunk donkeys.....bure kabisa!! I have talked of this closure here so much...let it close like Miwani chemilil muhoroni and panpaper. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I said before the comp must been build on a cemetary. And the management what they call walking dead
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