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streetwise		#1661 Posted : Wednesday, January 06, 2016 5:07:51 PM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ?
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enyands		#1662 Posted : Wednesday, January 06, 2016 5:47:55 PM
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya		streetwise wrote: Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ? I see the ceo is foreign trained (australia).....mmmm the same thing iv been talking about.some African cultures (corruption,tribalism and egocentricism) can't support business growth BUT ....I'm starting to think twice about Mumias now that CEO isn't locally trained.heading to my broker tomorrow
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Spikes		#1663 Posted : Wednesday, January 06, 2016 9:31:17 PM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		enyands wrote: streetwise wrote: Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ? I see the ceo is foreign trained (australia).....mmmm the same thing iv been talking about.some African cultures (corruption,tribalism and egocentricism) can't support business growth BUT ....I'm starting to think twice about Mumias now that CEO isn't locally trained.heading to my broker tomorrow You people I've been telling you this story several times despite my hot air as @guru267 quips regularly. Look at Safaricom since its inception headed by foreigners the performance is robust. Jump into Mumias stock without delay! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Spikes		#1664 Posted : Wednesday, January 06, 2016 9:45:41 PM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		Spikes wrote: enyands wrote: streetwise wrote: Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ? I see the ceo is foreign trained (australia).....mmmm the same thing iv been talking about.some African cultures (corruption,tribalism and egocentricism) can't support business growth BUT ....I'm starting to think twice about Mumias now that CEO isn't locally trained.heading to my broker tomorrow You people I've been telling you this story several times despite my hot air as @guru267 quips regularly. Look at Safaricom since its inception headed by foreigners the performance is robust. Jump into Mumias stock without delay! This stock will produce self-made dollar millionaires. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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enyands		#1665 Posted : Wednesday, January 06, 2016 10:11:05 PM
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya		Spikes wrote: enyands wrote: streetwise wrote: Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ? I see the ceo is foreign trained (australia).....mmmm the same thing iv been talking about.some African cultures (corruption,tribalism and egocentricism) can't support business growth BUT ....I'm starting to think twice about Mumias now that CEO isn't locally trained.heading to my broker tomorrow You people I've been telling you this story several times despite my hot air as @guru267 quips regularly. Look at Safaricom since its inception headed by foreigners the performance is robust. Jump into Mumias stock without delay!
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mzitoaggrey		#1666 Posted : Thursday, January 07, 2016 10:16:44 AM
Rank: New-farer Joined: 8/19/2015 Posts: 25		Mumias sugar back on shelves... It was amazing i could now get MSC sugar in major stores again.
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Njung'e		#1667 Posted : Thursday, January 07, 2016 12:57:23 PM
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi		enyands wrote: streetwise wrote: Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ? I see the ceo is foreign trained (australia).....mmmm the same thing iv been talking about.some African cultures (corruption,tribalism and egocentricism) can't support business growth BUT ....I'm starting to think twice about Mumias now that CEO isn't locally trained.heading to my broker tomorrow Errol is not new to the Kenyan sugar industry. He has had two previous stints with MSC, first as a production manager in the 70s and second as the last CEO when the co was being managed by Booker Tate & Lyle. He's worked in many countries and one of his longest stint was in Guyana still under Booker Tate. Though he is Australian, his interests are in Sri Lanka ,where he has a huge tea farm and also runs a golf resort. I think they are still very close with former MSC marketing manager Katherine Kihanya. If you know Katherine, then you would surely fill in the gaps without much difficulties . Will he perform?. No doubts. I actually expect profits during the second half. Nothing great was ever achieved without enthusiasm.
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VituVingiSana		#1668 Posted : Thursday, January 07, 2016 1:20:15 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Njung'e wrote: enyands wrote: streetwise wrote: Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ? I see the ceo is foreign trained (australia).....mmmm the same thing iv been talking about.some African cultures (corruption,tribalism and egocentricism) can't support business growth BUT ....I'm starting to think twice about Mumias now that CEO isn't locally trained.heading to my broker tomorrow Errol is not new to the Kenyan sugar industry. He has had two previous stints with MSC, first as a production manager in the 70s and second as the last CEO when the co was being managed by Booker Tate & Lyle. He's worked in many countries and one of his longest stint was in Guyana still under Booker Tate. Though he is Australian, his interests are in Sri Lanka ,where he has a huge tea farm and also runs a golf resort. I think they are still very close with former MSC marketing manager Katherine Kihanya. If you know Katherine, then you would surely fill in the gaps without much difficulties . Will he perform?. No doubts. I actually expect profits during the second half. @Njunge - What's his incentive to wade into the muck at his age [& leave his huge tea farm & golf resort in SL]? Do you think the profits in 2H can cover the debt payments for the period? How long is his contract? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Njung'e		#1669 Posted : Thursday, January 07, 2016 1:46:13 PM
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi		@VVS, For your first question, the answer is in my previous post and i wish not to expound, sorry. The profits will definitely cover. My estimate is minimum Kshs 800m. As for his contract, i think it's 2 years with the option of a renewable extra year. Nothing great was ever achieved without enthusiasm.
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VituVingiSana		#1670 Posted : Friday, January 08, 2016 12:02:11 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi		Njung'e wrote: enyands wrote: streetwise wrote: Some fresh news http://www.the-star.co.k...recard-in-2016_c1270142 Is this why the demand has been so high this week ? I see the ceo is foreign trained (australia).....mmmm the same thing iv been talking about.some African cultures (corruption,tribalism and egocentricism) can't support business growth BUT ....I'm starting to think twice about Mumias now that CEO isn't locally trained.heading to my broker tomorrow Errol is not new to the Kenyan sugar industry. He has had two previous stints with MSC, first as a production manager in the 70s and second as the last CEO when the co was being managed by Booker Tate & Lyle. He's worked in many countries and one of his longest stint was in Guyana still under Booker Tate. Though he is Australian, his interests are in Sri Lanka ,where he has a huge tea farm and also runs a golf resort. I think they are still very close with former MSC marketing manager Katherine Kihanya. If you know Katherine, then you would surely fill in the gaps without much difficulties . Will he perform?. No doubts. I actually expect profits during the second half. Which performance are you talking about? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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