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MSC Finally
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HaMaina
#61 Posted : Friday, August 07, 2015 4:21:01 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
mlennyma wrote:
HaMaina wrote:
Boris Boyka wrote:
streetwise wrote:
Beeen waiting to hear about the new managament at MSC and I see the counter picking some activity. Any insider in the house..is it time to BUY

Thinking MSC will wake up from slumber and recover is similar to seeing kenya @ level with US. Even if the management was good,how do they deal with the cost of production? when will they finish paying the debts? given the machinery and equipment are aging and not working how much do they need for repair and maintenance? If i am a competent manager i can't accept that job ofer from MSC as that is automatic tainting of your image.


Image aside, the new management has already been identified, its just the public announcement of who they are that's left, I think we shall find that out soon enough going by the level of demand on this counter. The debts, production efficiency etc is what they have been hired for, maybe its just me but I see a very good future for the company, the counter, the farmer and the country as a whole.

where is the cane to crush? I hear other Miller's have taken mumias cane farmers with instant payments on delivery


Maybe I'm being overly optimistic but here are some readings.
1. http://www.mumias-sugar....hp?page=Future-Products

2. http://www.agribusinessa...er-plan-boost-for-agric

3. http://www.businessdaily.../-/elsbflz/-/index.html

4. http://www.investmentken...o-go-on-sale-april-2014

5. http://mygov.go.ke/state...f-five-sugar-factories/
“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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Museveni
#62 Posted : Friday, August 07, 2015 4:32:46 PM
Rank: Member

Joined: 8/16/2012
Posts: 661
streetwise wrote:
Beeen waiting to hear about the new managament at MSC and I see the counter picking some activity. Any insider in the house..is it time to BUY


Wait till September when the news pouring in on 're-opening'
Live and learn; and don’t forget, nothing ventured, nothing gained.
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Gatheuzi
#63 Posted : Friday, August 07, 2015 6:59:36 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
VituVingiSana wrote:
Njung'e wrote:
Shameless thieves.They will be caught and they will go to jail.

http://www.the-star.co.k...pp#sthash.NVQhXBJ7.dpbs

You have more faith than I do in the Kenyan political and judicial system.

Zero faith from me too. If that man goes to jail with him KQ buddy I will know we have transformed into a first world.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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HaMaina
#64 Posted : Monday, August 10, 2015 8:32:09 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
More stories from the weekend.

http://www.standardmedia...-facilitate-its-recovery
“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
#65 Posted : Monday, August 10, 2015 1:18:11 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?
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  | | Edit by user: Monday, August 10, 2015 2:19 PM | Reason: Not specified
Realtreaty
#66 Posted : Monday, August 10, 2015 2:25:07 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
d'oh! Sad Sad Let them first kill and clear the rats and mice that have eaten sugar even raw cane.
They are also making new arrngements with suppliers, creditors and debtors such that when they swing back there shll be no negative effects. The shre may kick at 5Kes a month after opening.
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Sam_Kibs
#67 Posted : Monday, August 10, 2015 3:01:18 PM
Rank: New-farer

Joined: 7/1/2015
Posts: 67
5Kes?? waiting.....this must be some propaganda. even 3bob sioni not in the near future!
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
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murchr
#68 Posted : Tuesday, August 11, 2015 7:06:38 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
The new chief executive is understood to have already started talks with Kenya Power to restore electricity connection at the miller. “He said as soon as he arrived that using diesel is no longer tenable especially at this time of maintenance. He was in Nairobi last week to try and strike a deal that would see Kenya Power reconnect the company,” a source at the firm told The Standard yesterday.

Read more at: http://www.standardmedia...wer-after-quiet-handover
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Museveni
#69 Posted : Tuesday, August 11, 2015 8:12:01 AM
Rank: Member

Joined: 8/16/2012
Posts: 661
streetwise wrote:
I thought this is old news and the factory is still closed.

When is the BIG news of reopening and new managemnt line up ?

Sometime in September I believe/heard it will be
Live and learn; and don’t forget, nothing ventured, nothing gained.
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HaMaina
#70 Posted : Tuesday, August 11, 2015 8:36:48 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
[quote=murchr]The new chief executive is understood to have already started talks with Kenya Power to restore electricity connection at the miller. “He said as soon as he arrived that using diesel is no longer tenable especially at this time of maintenance. He was in Nairobi last week to try and strike a deal that would see Kenya Power reconnect the company,” a source at the firm told The Standard yesterday.

Read more at: http://www.standardmedia...er-after-quiet-handover[/quote]

At last I see a face, now lets wait for a speech hopefully a good one.
“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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