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Mumias Sugar huge demand
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streetwise
#1441 Posted : Wednesday, June 10, 2015 5:40:36 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Ask Richard Bradsn when he started virgin Coke ( or some similar name to compete with Coca Cola) what happened to him.
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VituVingiSana
#1442 Posted : Wednesday, June 10, 2015 6:46:17 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,421
Location: Nairobi
Njung'e wrote:
mlennyma wrote:
streetwise wrote:
Why the price is not going below 2.00 ama dead stock has value.

And why other are fighting to build additinal factories

Link

http://www.nation.co.ke/.../-/w8tiafz/-/index.html

if 1.3b can put up a new factory,mumias should be left to die with its bad debts


@Lenny,

That's a small plant more or less like a juggerry going by it's capacity per year.msc would crush that cane inside 4 months.No comparison

So KES 4bn can fund a factory that can crush as much as Mumias? Then who needs Mumias with debts [& other liabilities] higher than 4bn?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#1443 Posted : Wednesday, June 10, 2015 6:47:54 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,421
Location: Nairobi
streetwise wrote:
Ask Richard Bradsn when he started virgin Coke ( or some similar name to compete with Coca Cola) what happened to him.
Though others e.g. Pepsi have done a-OK. There are other smaller firms that have done OK regionally though eventually it seems they get bought out by Pepsi or Coke.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Siringi
#1444 Posted : Thursday, June 25, 2015 11:30:26 AM
Rank: Elder

Joined: 6/8/2013
Posts: 2,517
"😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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streetwise
#1445 Posted : Thursday, June 25, 2015 1:59:48 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Na inakula watu pia.

NBK CFO ati is already suspended till he clears his name on MSC allegations
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mlennyma
#1446 Posted : Thursday, June 25, 2015 2:17:54 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Tomorrow will be interesting, I see signs of buyers becoming nervous
"Don't let the fear of losing be greater than the excitement of winning."
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ecstacy
#1447 Posted : Thursday, June 25, 2015 9:52:25 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
Ksh 2B Mumias Rights Issue approved..
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obiero
#1448 Posted : Thursday, June 25, 2015 10:30:38 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,435
Location: nairobi
mlennyma wrote:
Tomorrow will be interesting, I see signs of buyers becoming nervous

The government seems to be adding more water to a sinking ship!!! The msc rights issue is bound to be a tragedy
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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streetwise
#1449 Posted : Friday, June 26, 2015 8:05:00 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
looks like for the rights 50% of the money is already raised, how then will it be a tragedy ?
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jerry
#1450 Posted : Friday, June 26, 2015 9:35:40 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
streetwise wrote:
looks like for the rights 50% of the money is already raised, how then will it be a tragedy ?

Meanwhile pple are minting cash ".@MumiasSugarCo has
rallied a blistering
+32.43% over 4 sessions
and since the 1b shilling
Bail-Out package
confirmed" -Aks via twitter
The opposite of courage is not cowardice, it's conformity.
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299 Pages«<143144145146147>»
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