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Mumias Sugar HY15 Ksh.1.6Bn loss
Pesa Nane
#1 Posted : Tuesday, February 23, 2016 11:24:31 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Tuesday, February 23, 2016 11:33:42 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
Challenges Facing The Company
-Factory (in)efficiency
-High unit cost of production
-Raw material shortage
-Low product prices
-High cost of servicing the factory
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#3 Posted : Tuesday, February 23, 2016 12:46:59 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Interim Dividend:

The board of Directors is please to recommend the payment of an interim dividend of Ksh. hahaha Laughing out loudly
Pesa Nane plans to be shilingi when he grows up.
lochaz-index
#4 Posted : Tuesday, February 23, 2016 1:19:49 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Another one still swimming in the gross loss category.
The main purpose of the stock market is to make fools of as many people as possible.
Spikes
#5 Posted : Tuesday, February 23, 2016 1:32:45 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
[quote=lochaz-index]Another one still swimming in the gross loss category.[/quot

Government bailout is now necessary without delay.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
mlennyma
#6 Posted : Tuesday, February 23, 2016 1:35:13 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Spikes wrote:
[quote=lochaz-index]Another one still swimming in the gross loss category.[/quot

Government bailout is now necessary without delay.

we are staring at over 3b full year loss
"Don't let the fear of losing be greater than the excitement of winning."
Aguytrying
#7 Posted : Tuesday, February 23, 2016 1:41:32 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
lochaz-index wrote:
Another one still swimming in the gross loss category.


I've respected gava as a shareholder. Kuna watu wamechomeka hapa to recognition. Imagine it once traded at 60 bob. and very recenlty 10-20.
The investor's chief problem - and even his worst enemy - is likely to be himself
Pesa Nane
#8 Posted : Tuesday, February 23, 2016 1:52:38 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Aguytrying wrote:
lochaz-index wrote:
Another one still swimming in the gross loss category.


I've respected gava as a shareholder. Kuna watu wamechomeka hapa to recognition. Imagine it once traded at 60 bob. and very recenlty 10-20.


I got meself some at Ksh. 4 hoping to have a piece of the then retained earnings ......
Pesa Nane plans to be shilingi when he grows up.
Aguytrying
#9 Posted : Tuesday, February 23, 2016 2:04:05 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Pesa Nane wrote:
Aguytrying wrote:
lochaz-index wrote:
Another one still swimming in the gross loss category.


I've respected gava as a shareholder. Kuna watu wamechomeka hapa to recognition. Imagine it once traded at 60 bob. and very recenlty 10-20.


I got meself some at Ksh. 4 hoping to have a piece of the then retained earnings ......


pole bro. This is why i vehemently preach against gava firms and firms with shady management.

There's a race to zero. who will win?

Mumias 1.55
Home africa 1.85
ADSS 1.55
Neverready 2.65

and joining the race soon
transcentury 6.05
KQ 4.50

Kengen has not confirmed participation
Uchumi trying to be ineligible
The investor's chief problem - and even his worst enemy - is likely to be himself
mlennyma
#10 Posted : Tuesday, February 23, 2016 2:23:47 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The known Ocampo Six......

Kenya Airways , Uchumi Supermarkets , ARM Cement , Home Afrika, TransCentury and
Mumias Sugar Company
"Don't let the fear of losing be greater than the excitement of winning."
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