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Mumias Sugar huge demand
littledove
#1871 Posted : Monday, April 11, 2016 9:16:50 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
http://allafrica.com/stories/201604090248.html
The Capital Markets Authority has blocked a bid by Mumias Sugar Company to raise Ksh4 billion ($38.8 million) in additional capital until an audit of the company's finances is done.
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Spikes
#1872 Posted : Monday, April 11, 2016 9:25:23 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
littledove wrote:
http://allafrica.com/stories/201604090248.html
The Capital Markets Authority has blocked a bid by Mumias Sugar Company to raise Ksh4 billion ($38.8 million) in additional capital until an audit of the company's finances is done.



I don't trust MSC chairman Mr. Dan Ameyo.

And all board of directors.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
mlennyma
#1873 Posted : Monday, April 11, 2016 10:13:22 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Spikes wrote:
littledove wrote:
http://allafrica.com/stories/201604090248.html
The Capital Markets Authority has blocked a bid by Mumias Sugar Company to raise Ksh4 billion ($38.8 million) in additional capital until an audit of the company's finances is done.



I don't trust MSC chairman Mr. Dan Ameyo.

And all board of directors.

why would you allow a company to raise more than its worth? ?hii kitu ikufe ama sirkal isaidie
"Don't let the fear of losing be greater than the excitement of winning."
mzitoaggrey
#1874 Posted : Monday, April 11, 2016 10:32:32 AM
Rank: New-farer

Joined: 8/19/2015
Posts: 25
Wishing that MSC dies is like wishing for corruption to end in Kenya,which is pipe dream. MSC will make money for others while make others die poor...its true just scheme where you belong.
Impunity
#1875 Posted : Monday, April 11, 2016 2:18:11 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
enyands wrote:
Spikes wrote:
enyands wrote:
Spikes wrote:
HaMaina wrote:
Another week down, lets see what next week has to offer. Msijiroge sana.



When desperate speculators start exiting next week breaking supposedly PPT iceberg, expect a further skid to 1.2 kes per share. Announcement of a profit warning in the coming months is deemed to threaten the stability of this stock above 1bob. Uncertainty of rolling out rights issue as admitted by government...which means no bailout as for now. The government will participate in the rights issue coming with substantial dilution. This stock has challenges beyond the current pessimism.



Spikes what about the shares you bought , are you having butterflies in tummies Laughing out loudly



I exited when half year loss of kes 1.53 B was announced. Those who are holding now probably are long termers e.g HaMaina whom have been averaging down from kes 5.50 to date.


Hope he won't avarage it to zero


Is it even possible?


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

streetwise
#1876 Posted : Monday, April 11, 2016 4:30:43 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Sub 1.00 here we come, I even dream of 0.2 shs this sugar will be sweet if and if.

There are still those who take MSC sugar and none other tutaone
Spikes
#1877 Posted : Monday, April 11, 2016 8:53:49 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
streetwise wrote:
Sub 1.00 here we come, I even dream of 0.2 shs this sugar will be sweet if and if.

There are still those who take MSC sugar and none other tutaone



http://www.theeastafrica...0/-/wrurs1z/-/index.html
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
HaMaina
#1878 Posted : Tuesday, April 12, 2016 9:08:09 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Impunity wrote:
enyands wrote:
Spikes wrote:
enyands wrote:
Spikes wrote:
HaMaina wrote:
Another week down, lets see what next week has to offer. Msijiroge sana.



When desperate speculators start exiting next week breaking supposedly PPT iceberg, expect a further skid to 1.2 kes per share. Announcement of a profit warning in the coming months is deemed to threaten the stability of this stock above 1bob. Uncertainty of rolling out rights issue as admitted by government...which means no bailout as for now. The government will participate in the rights issue coming with substantial dilution. This stock has challenges beyond the current pessimism.



Spikes what about the shares you bought , are you having butterflies in tummies Laughing out loudly



I exited when half year loss of kes 1.53 B was announced. Those who are holding now probably are long termers e.g HaMaina whom have been averaging down from kes 5.50 to date.


Hope he won't avarage it to zero


Is it even possible?


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


At the rate this thing is coming down, anything is possible. But I'm still buying with anything I can get.
Or maybe I need some prayers.
http://allafrica.com/stories/201604060663.html
Pray Pray Pray Pray Pray Pray Pray Pray Pray
“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
Spikes
#1879 Posted : Tuesday, April 12, 2016 9:22:16 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
HaMaina wrote:
Impunity wrote:
enyands wrote:
Spikes wrote:
enyands wrote:
Spikes wrote:
HaMaina wrote:
Another week down, lets see what next week has to offer. Msijiroge sana.



When desperate speculators start exiting next week breaking supposedly PPT iceberg, expect a further skid to 1.2 kes per share. Announcement of a profit warning in the coming months is deemed to threaten the stability of this stock above 1bob. Uncertainty of rolling out rights issue as admitted by government...which means no bailout as for now. The government will participate in the rights issue coming with substantial dilution. This stock has challenges beyond the current pessimism.



Spikes what about the shares you bought , are you having butterflies in tummies Laughing out loudly



I exited when half year loss of kes 1.53 B was announced. Those who are holding now probably are long termers e.g HaMaina whom have been averaging down from kes 5.50 to date.


Hope he won't avarage it to zero


Is it even possible?


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


At the rate this thing is coming down, anything is possible. But I'm still buying with anything I can get.
Or maybe I need some prayers.
http://allafrica.com/stories/201604060663.html
Pray Pray Pray Pray Pray Pray Pray Pray Pray



http://www.theeastafrica.../-/wrurs1z/-/index.html
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Impunity
#1880 Posted : Tuesday, April 12, 2016 9:33:21 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Spikes wrote:
HaMaina wrote:
Impunity wrote:
enyands wrote:
Spikes wrote:
enyands wrote:
Spikes wrote:
HaMaina wrote:
Another week down, lets see what next week has to offer. Msijiroge sana.



When desperate speculators start exiting next week breaking supposedly PPT iceberg, expect a further skid to 1.2 kes per share. Announcement of a profit warning in the coming months is deemed to threaten the stability of this stock above 1bob. Uncertainty of rolling out rights issue as admitted by government...which means no bailout as for now. The government will participate in the rights issue coming with substantial dilution. This stock has challenges beyond the current pessimism.



Spikes what about the shares you bought , are you having butterflies in tummies Laughing out loudly



I exited when half year loss of kes 1.53 B was announced. Those who are holding now probably are long termers e.g HaMaina whom have been averaging down from kes 5.50 to date.


Hope he won't avarage it to zero


Is it even possible?


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


At the rate this thing is coming down, anything is possible. But I'm still buying with anything I can get.
Or maybe I need some prayers.
http://allafrica.com/stories/201604060663.html
Pray Pray Pray Pray Pray Pray Pray Pray Pray



http://www.theeastafrica.../-/wrurs1z/-/index.html



Eti this thing had a second IPO of Kes.49.50 just a few years ago?
Kulia kwa choo nayo!

But serious millionaires will be minted here when the tides turn!
The question is when!

Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

299 Pages«<186187188189190>»
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