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Mumias Sugar HY15 Ksh.1.6Bn loss
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VituVingiSana
#21 Posted : Wednesday, February 24, 2016 5:26:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Spikes wrote:
whiteowl wrote:
HaMaina wrote:
Boris Boyka wrote:
Am waiting for @Hamaina, Sikes, Streetwise et al to dissaprove on this one. They said they were sure the sugar sector ( presumed MSC is sugar sector) can't be left in losses.Shame on you Shame on you Shame on you


This is the half year results, not that I'm expecting anything in the full year results. But I have been in this ship from 5.05KSh , and still going strong, today its playing at 1.55-1.65 na bado I'm buying with anything I can get. If nothing comes out of it by Feb 2017, sawa I will have lost, Lakini I believe I will make my magic numbers of >50-|60|-<70. That is if the pair of jewels between my legs can handle the pressure. For now its just trading low its only a loss if you sell at a loss.


sunk cost fallacy.


It is not a fallacy but about resilience and patience. In the longrun MSC is a viable investment.
Don't listen to @WhiteOwl just hang on to MSC. Just as others have stayed true to KQ & HAFR.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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streetwise
#22 Posted : Wednesday, February 24, 2016 6:33:03 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
MSC IS dead horse. They should by now have reduced the size of the lossses they make for a similar period. When the gap continously increases you should read inefficiency and ineffectiness in the management
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Spikes
#23 Posted : Wednesday, February 24, 2016 6:55:14 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
streetwise wrote:
MSC IS dead horse. They should by now have reduced the size of the lossses they make for a similar period. When the gap continously increases you should read inefficiency and ineffectiness in the management


I suspect MSC reported a cooked loss to influence the government into releasing kes 2B . After receiving the 2B shs. you will see a skyrocketing 2HY profit . Some people with staunch interest in MSC stock also want to load at lowest level before take off. This is Kenya read and study the signs of positive change.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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muandiwambeu
#24 Posted : Wednesday, February 24, 2016 7:37:47 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Aguytrying wrote:
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

I like that one about kengen.
Wao. That's stock poetry is wonderful. Where are the spectators. Laughing out loudly
,Behold, a sower went forth to sow;....
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Spikes
#25 Posted : Wednesday, February 24, 2016 8:12:33 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
muandiwambeu wrote:
Aguytrying wrote:
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

I like that one about kengen.
Wao. That's stock poetry is wonderful. Where are the spectators. Laughing out loudly


This thread is about MSC analysis. Do not drag other companies into this think tank. If you are not a fan of MSC keep off this thread till the investors begin reaping.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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sparkly
#26 Posted : Wednesday, February 24, 2016 8:24:04 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Spikes wrote:
streetwise wrote:
MSC IS dead horse. They should by now have reduced the size of the lossses they make for a similar period. When the gap continously increases you should read inefficiency and ineffectiness in the management


I suspect MSC reported a cooked loss to influence the government into releasing kes 2B . After receiving the 2B shs. you will see a skyrocketing 2HY profit . Some people with staunch interest in MSC stock also want to load at lowest level before take off. This is Kenya read and study the signs of positive change.


Wewe ni kijana wa kuzaliwa Jana Laughing out loudly you never saw Mumias at Sh 50.
Life is short. Live passionately.
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Spikes
#27 Posted : Wednesday, February 24, 2016 8:39:48 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
sparkly wrote:
Spikes wrote:
streetwise wrote:
MSC IS dead horse. They should by now have reduced the size of the lossses they make for a similar period. When the gap continously increases you should read inefficiency and ineffectiness in the management


I suspect MSC reported a cooked loss to influence the government into releasing kes 2B . After receiving the 2B shs. you will see a skyrocketing 2HY profit . Some people with staunch interest in MSC stock also want to load at lowest level before take off. This is Kenya read and study the signs of positive change.


Wewe ni kijana wa kuzaliwa Jana Laughing out loudly you never saw Mumias at Sh 50.


Hahahaha.....Infact I am praying this stock to bounce back to kes 50...
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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streetwise
#28 Posted : Wednesday, February 24, 2016 10:01:11 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Praying is good but have heard the saying God works with you not for you. Fanya analysis
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sparkly
#29 Posted : Wednesday, February 24, 2016 10:31:52 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Spikes wrote:
sparkly wrote:
Spikes wrote:
streetwise wrote:
MSC IS dead horse. They should by now have reduced the size of the lossses they make for a similar period. When the gap continously increases you should read inefficiency and ineffectiness in the management


I suspect MSC reported a cooked loss to influence the government into releasing kes 2B . After receiving the 2B shs. you will see a skyrocketing 2HY profit . Some people with staunch interest in MSC stock also want to load at lowest level before take off. This is Kenya read and study the signs of positive change.


Wewe ni kijana wa kuzaliwa Jana Laughing out loudly you never saw Mumias at Sh 50.


Hahahaha.....Infact I am praying this stock to bounce back to kes 50...


I say on are drunk on Mumias ethanol Laughing out loudly
Life is short. Live passionately.
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streetwise
#30 Posted : Wednesday, February 24, 2016 11:07:41 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I remember one time a meddle east oil minister called the dollar a piece of sh**t. I think msc is more than sh****t
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