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Mumias Sugar huge demand
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HaMaina
#1621 Posted : Friday, November 20, 2015 9:51:32 AM
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Joined: 4/23/2014
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There's some crazy demand here. Is there any new info?
“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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Spikes
#1622 Posted : Friday, November 20, 2015 10:04:00 AM
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Joined: 9/20/2015
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Location: Mombasa
Ooh yes! Yesterday Star Newspaper said Mumias has begun paying creditors e.g. G4S's shs 39 million .
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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dunkang
#1623 Posted : Friday, November 20, 2015 10:20:29 AM
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Joined: 6/2/2011
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Location: -1.2107, 36.8831
HaMaina wrote:
There's some crazy demand here. Is there any new info?


2 BILLIONS SHARES DEMAND. That must be an error, somewhere.



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
That is more than the listed No. shares! (1,530,000,000)
Receive with simplicity everything that happens to you.” ― Rashi

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streetwise
#1624 Posted : Friday, November 20, 2015 10:28:01 AM
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Location: Nairobi
May be there is a guy who wants to buy the whole company now that there is resistance selling the other sugar companies owned by Gova
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streetwise
#1625 Posted : Friday, November 20, 2015 10:35:43 AM
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And surprising supply totally zero !!!!!!!!

Hapa kuna maneno
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VituVingiSana
#1626 Posted : Friday, November 20, 2015 8:25:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
dunkang wrote:
HaMaina wrote:
There's some crazy demand here. Is there any new info?


2 BILLIONS SHARES DEMAND. That must be an error, somewhere.



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
That is more than the listed No. shares! (1,530,000,000)

I trust data from myStocks over Rich any day of the week that ends in day.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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HaMaina
#1627 Posted : Wednesday, November 25, 2015 12:41:50 PM
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Joined: 4/23/2014
Posts: 931
Is there any new info to warrant such a steep fall in price, kwani Pope ameingiza watu baridi?
“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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Spikes
#1628 Posted : Wednesday, November 25, 2015 1:26:11 PM
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Joined: 9/20/2015
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Location: Mombasa
There is no steep fall in price. Those guys who don't know how to make a killing panicking even when the stock market is splashing cash!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Spikes
#1629 Posted : Wednesday, November 25, 2015 1:29:00 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
There is no steep fall in price. Those guys who don't know how to make a killing panicking even when the stock market is splashing cash! Just minute panicky sale. Bado hiyo counter iko imara kama Kidero grass in the round a bouts in Nairobi!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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streetwise
#1630 Posted : Wednesday, November 25, 2015 1:53:43 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
My question would be different. That is: Why has this share become so liquid ?
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HaMaina
#1631 Posted : Wednesday, December 09, 2015 9:09:46 AM
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Joined: 4/23/2014
Posts: 931
Another year granted and the AGM on Friday 11th Dec 2015, lets wait and see what happens but the demand is good.

http://www.theeastafrica...0/-/3r1155z/-/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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Spikes
#1632 Posted : Wednesday, December 09, 2015 9:15:40 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
This counter will be the first one to surprise people before KQ....Just wait and see....As from next year losses will begin falling significantly for atleast 50% and as a matter of sentiment you will notice a mammoth spike in prices.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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streetwise
#1633 Posted : Wednesday, December 09, 2015 9:43:31 AM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Sound like wishful thinking. Where are the facts ?
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Cde Monomotapa
#1634 Posted : Wednesday, December 09, 2015 10:06:23 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Spotted MSC packs at Uchumi. Now, now... Enough to jump-start revenues? That's still out there. Sugar futures are still low encouraging cheap imports. A bet on the deficit can still see MSC through.
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HaMaina
#1635 Posted : Wednesday, December 09, 2015 2:02:34 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Kenya Invites Bids for the Purchase of Stakes in Five State-Owned Sugar Companies

https://atlantablackstar...e-owned-sugar-companies/
“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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