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Mumias Sugar huge demand
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streetwise
#1811 Posted : Thursday, March 03, 2016 12:52:55 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
They can offer the competitors shares, preference or other. They can even offer land etc.

The aim here would be go out and buy a factory whose equipment is modern and thus more efficient than the run down MSC equipment.
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VituVingiSana
#1812 Posted : Thursday, March 03, 2016 2:31:04 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
streetwise wrote:
They can offer the competitors shares, preference or other. They can even offer land etc.

The aim here would be go out and buy a factory whose equipment is modern and thus more efficient than the run down MSC equipment.

1) The only factories with modern machinery are the private millers who apparently are profitable. They should take over Mumias not the other way round.
2) Mumias wants the land for nucleus estates so why give away land to get land?
3) Who wants Mumias shares [except GoK]?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Risasi Sufuri
#1813 Posted : Friday, March 04, 2016 3:40:25 PM
Rank: Member

Joined: 12/8/2015
Posts: 166
Burnt to recognition, made a late entry in January hoping the sugar maker performance would improve!! Have had to disembark.....
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Spikes
#1814 Posted : Friday, March 04, 2016 5:16:38 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Risasi Sufuri wrote:
Burnt to recognition, made a late entry in January hoping the sugar maker performance would improve!! Have had to disembark.....


Wazuans when is government 5B kes due? I want to exit along with bailout hype to avoid being financially lynched.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Spikes
#1815 Posted : Wednesday, March 09, 2016 11:56:54 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Spikes wrote:
Risasi Sufuri wrote:
Burnt to recognition, made a late entry in January hoping the sugar maker performance would improve!! Have had to disembark.....


Wazuans when is government 5B kes due? I want to exit along with bailout hype to avoid being financially lynched.


http://www.standardmedia...-in-cane-harvesting-pact
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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streetwise
#1816 Posted : Wednesday, March 09, 2016 12:58:30 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
This is in the right direction.
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hisah
#1817 Posted : Wednesday, March 09, 2016 2:24:43 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Metch wrote:
hisah wrote:
Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip!


its a tight race to 1 bob. this one has a clear headstart.

@Hisah, would you buy it at 1 bob?

Unless gok gets out of this business.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Spikes
#1818 Posted : Wednesday, March 09, 2016 3:07:52 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
hisah wrote:
Metch wrote:
hisah wrote:
Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip!


its a tight race to 1 bob. this one has a clear headstart.

@Hisah, would you buy it at 1 bob?

Unless gok gets out of this business.


I have been burnt. I have bailout. I have suffered a loss of 12% all brokerage commissions inclusive. I don't want to regret @1 kes when things are out of control. Now I know which stock makes money and when to join and exit time as well.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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streetwise
#1819 Posted : Wednesday, March 09, 2016 3:24:45 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I have my purchase order at 1.00 Bob waiting.
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HaMaina
#1820 Posted : Wednesday, March 09, 2016 3:35:29 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Spikes wrote:
hisah wrote:
Metch wrote:
hisah wrote:
Next target 1.00 handle for I don't see the low at 1.35 stopping the next dip!


its a tight race to 1 bob. this one has a clear headstart.

@Hisah, would you buy it at 1 bob?

Unless gok gets out of this business.


I have been burnt. I have bailout. I have suffered a loss of 12% all brokerage commissions inclusive. I don't want to regret @1 kes when things are out of control. Now I know which stock makes money and when to join and exit time as well.


I've been on this ship for far too long to bail out now, for me until 2017 Feb or March, then I shall know. Till then I'll buy with whatever is available.
“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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299 Pages«<180181182183184>»
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