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Mumias Sugar huge demand
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HaMaina
#1481 Posted : Monday, August 31, 2015 8:07:35 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
I tead this in last weeks Nation, but sunce then silence. Is there anything new?

Kenya: System Hitch Delays Mumias' Opening

http://allafrica.com/stories/201508270596.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
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HaMaina
#1482 Posted : Monday, August 31, 2015 12:30:49 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Kenya plans to merge two sugar firms, writes off $337m debt

http://www.theeastafrica...6/-/uqhjybz/-/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
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VituVingiSana
#1483 Posted : Tuesday, September 01, 2015 12:19:45 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Competition coming from Mauritian producers/firms buying Kenyan firms.
KISCOL is 25% owned by Omnicane. They have invested 18bn & plan to crush 3,000 tons daily.
TransMara bought by SML. Plans to increase the crushing capacity to 1mn tons.

http://www.businessdaily...20/-/sf05ck/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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HaMaina
#1484 Posted : Tuesday, September 01, 2015 8:24:14 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
At least some relatively good news, after all the political prophets of doom and their theatrics.

Mumias resumes sugar production after a two-month break


http://www.businessdaily...46/-/tn5rkg/-/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
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streetwise
#1485 Posted : Tuesday, September 01, 2015 8:34:09 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
With the GOK on the side of MSC, the county is on the side of MSC, the political class is on the side of MSC, the farmers are on the side of MSC and MSC is on the side of MSC , it is difficult to see any doom.

They are called false prophets. Read my lips
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  | | Edit by user: Tuesday, September 01, 2015 8:45 AM | Reason: Not specified
technician
#1486 Posted : Tuesday, September 01, 2015 10:46:44 AM
Rank: New-farer

Joined: 8/25/2015
Posts: 15
Location: Nairobi
At least there is some support for this share
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HaMaina
#1487 Posted : Tuesday, September 01, 2015 2:37:54 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
More political & legal noncence, but it spoils a fairly ready meal.

Wamwangi clashes with privatisation team over sugar mills sale

http://www.businessdaily...6/-/syh2fmz/-/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
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heri
#1488 Posted : Thursday, September 03, 2015 2:11:12 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
When is Mumias likely to release FY2015 results
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streetwise
#1489 Posted : Thursday, September 03, 2015 2:15:14 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
You really want to see the FY2015 results ???.

Unless they revalue land which must have appreciated by now, this will be one BIG real mess !
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  | | Edit by user: Thursday, September 03, 2015 2:16 PM | Reason: Not specified
HaMaina
#1490 Posted : Thursday, September 03, 2015 3:17:29 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
streetwise wrote:
You really want to see the FY2015 results ???.

Unless they revalue land which must have appreciated by now, this will be one BIG real mess !


Mess or not, I,m still in this ship. It sinks I,ll navigate the captain the easiest route to hell, if not a cold one by the beach shall have been earned.
“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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299 Pages«<147148149150151>»
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