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MSC Finally
HaMaina
#111 Posted : Monday, August 17, 2015 9:39:07 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
The way the sugar cards are being played, tinga tinga seems to be holding all 4 Q,s.
“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
HaMaina
#112 Posted : Monday, August 17, 2015 11:36:46 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Onyango Oloo claims that CORD leadership brought down the Mumias Sugar Company

http://www.standardmedia...the-mumias-sugar-company
“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
hardwood
#113 Posted : Monday, August 17, 2015 11:54:46 AM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
mukoya wrote:
guys I'm a sugarcane farmer and politics aside I delivered my cane to Chemelil sugar in March and haven't been paid to date went there last week and the chief accountant took me to their stores to show me it was full of sugar that they can not sell till I wished they would pay me in sugar to recover my money question this shortage that govt is talking about is it on paper or on the ground!


At Nakumatt there's only "Lugazi sugar" and "Nakumatt sugar" retailing at 195bob. It's a long time since i saw chemilil or mumias sugar which was selling at 245bob.
HaMaina
#114 Posted : Tuesday, August 18, 2015 7:33:45 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
I listened to tinga tinga's reasoning to the Mumias debt, that the molases loan should have been paid by the company, and if it wasn't paid, then it had been guaranteed by the bank, therefore all this talk of unpaid debt should not arise.

My question to wazuan's is which bank is this and what do I need to do to get a loan?
“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
VituVingiSana
#115 Posted : Tuesday, August 18, 2015 9:25:14 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
HaMaina wrote:
I listened to tinga tinga's reasoning to the Mumias debt, that the molases loan should have been paid by the company, and if it wasn't paid, then it had been guaranteed by the bank, therefore all this talk of unpaid debt should not arise.

My question to wazuan's is which bank is this and what do I need to do to get a loan?

First say "xyz Tosha"
Second become a Minister/Senator/MP as part of a coalition
Third become a PM/DP/PORK
Fourth then the banks will come to you...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
streetwise
#116 Posted : Tuesday, August 18, 2015 10:05:36 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
So what Tinga is saying he never paid.

I think the high priest of corruption is right this time; CORD brought Mumias down and now they are blaming the Gova. Shame shame shame !!!! Shameless thiefs
HaMaina
#117 Posted : Tuesday, August 18, 2015 11:13:46 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
streetwise wrote:
The noise between cord and Jubilee may actually help mumias


Any "Noise" cord makes without having a majority in Parliament or at least a substantial voting block ends up being like some of those kesha sermons in the neighborhood. You hear them, might even understand whats being said, but they will not stop you from having a good nights sleep.
“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
HaMaina
#118 Posted : Tuesday, August 18, 2015 11:44:32 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Business Daily Update:

Sugar shortage looms as cheap imports row rages

http://www.businessdaily.../0/-/3btuef/-/index.html
“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
VituVingiSana
#119 Posted : Tuesday, August 18, 2015 12:41:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
mukoya wrote:
guys I'm a sugarcane farmer and politics aside I delivered my cane to Chemelil sugar in March and haven't been paid to date went there last week and the chief accountant took me to their stores to show me it was full of sugar that they can not sell till I wished they would pay me in sugar to recover my money question this shortage that govt is talking about is it on paper or on the ground!


Your chief accountant needs to get off his bum and call up Nakumatt.
http://www.businessdaily.../0/-/3btuef/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
streetwise
#120 Posted : Tuesday, August 18, 2015 2:20:07 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Ahaaaa!!!!! now I see the opportunity for Mumias.

1. There are farmers whose cane is rotting in the fields with no one to churn it into sugar. There is a possibly for a accepting reduced cash purchase prices.

2. There is a BIG gap between current supply and demand, holding all thing constant.

3. Mumias has the capacity to churn out huge volumes of sugar.

4. With the demand outstripping supply , price will not be part of the equation.

5. There is a political fight for "Sugar" which is making some guys sleepless. Jubilee is scared shitless, they may even write off all Mumias debt.

Quote me on this Mumias will make millionaires yet again this time without the beneficiary having to steal.

And you can bank this into any bank other than Dubai Bank

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