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Mumias Sugar huge demand
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. @vvs you will be shocked by a stunning performance in years to come when MSC will be a talk in town. You will regret not to have dived in at below par value price. A bailout is on the way and necessary. Government will not allow its mandate to become irrelevant in Western Kenya. To have a campaign material, the government must move in swiftly and pump kes 5B bailout into MSC once and for all. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@Spikes,
What are you seeing at MSC that is not in public domain?
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. You sound republican to me . 
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Spikes wrote:VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. @vvs you will be shocked by a stunning performance in years to come when MSC will be a talk in town. You will regret not to have dived in at below par value price. A bailout is on the way and necessary. Government will not allow its mandate to become irrelevant in Western Kenya. To have a campaign material, the government must move in swiftly and pump kes 5B bailout into MSC once and for all. "too big to fail" fallacy. Life is short. Live passionately.
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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sparkly wrote:Spikes wrote:VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. @vvs you will be shocked by a stunning performance in years to come when MSC will be a talk in town. You will regret not to have dived in at below par value price. A bailout is on the way and necessary. Government will not allow its mandate to become irrelevant in Western Kenya. To have a campaign material, the government must move in swiftly and pump kes 5B bailout into MSC once and for all. " too big to fail" fallacy. 
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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The optimist wrote:sparkly wrote:Spikes wrote:VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. @vvs you will be shocked by a stunning performance in years to come when MSC will be a talk in town. You will regret not to have dived in at below par value price. A bailout is on the way and necessary. Government will not allow its mandate to become irrelevant in Western Kenya. To have a campaign material, the government must move in swiftly and pump kes 5B bailout into MSC once and for all. " too big to fail" fallacy. Blessed are those who believe without seeing. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Spikes wrote:VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. @vvs you will be shocked by a stunning performance in years to come when MSC will be a talk in town. You will regret not to have dived in at below par value price. A bailout is on the way and necessary. Government will not allow its mandate to become irrelevant in Western Kenya. To have a campaign material, the government must move in swiftly and pump kes 5B bailout into MSC once and for all. Yep, just as we were being told about KQ from 14 to 12 to 10 to 8 to 6 to 5 to 4.50 Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:Spikes wrote:VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. @vvs you will be shocked by a stunning performance in years to come when MSC will be a talk in town. You will regret not to have dived in at below par value price. A bailout is on the way and necessary. Government will not allow its mandate to become irrelevant in Western Kenya. To have a campaign material, the government must move in swiftly and pump kes 5B bailout into MSC once and for all. Yep, just as we were being told about KQ from 14 to 12 to 10 to 8 to 6 to 5 to 4.50 With the looming kes 2B bailout, I think MSC has completely bottomed out! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Spikes wrote:The optimist wrote:sparkly wrote:Spikes wrote:VituVingiSana wrote:Spikes wrote:Sam_Kibs wrote:Will MSC ever come out of this ''Serikali saidia''?
Looking at the half year financials, Finance costs doubled, long-term liabilities quadrupled! and now seeking an additional 2M bail-out??? interesting indeed! Government bailout is now necessary without delay. Let Mumias die. Just as any firm that cannot stand on its own. Why penalize the hard-working, sensible and 'good' management of other firms to support black holes like KQ & Mumias? Kenol, BAT, EABL, KenRe, Equity, etc pay taxes on profits that are wasted on the likes of NBK, Mumias, KQ... Was a bailout provided for (private) ADSS or did they let it find its own path out (or die)? Access found itself a buyer when things were becoming hot. Don't subsidize money pits. GoK borrows money at 14+% [10 yr T-Bonds] to throw money into black holes. We see this over and over again. GoK should NOT be in the business of business. @vvs you will be shocked by a stunning performance in years to come when MSC will be a talk in town. You will regret not to have dived in at below par value price. A bailout is on the way and necessary. Government will not allow its mandate to become irrelevant in Western Kenya. To have a campaign material, the government must move in swiftly and pump kes 5B bailout into MSC once and for all. " too big to fail" fallacy. Blessed are those who believe without seeing. And those who will believe after they see their money go down the drain. Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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