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Mumias Sugar huge demand
koscielny
#1881 Posted : Tuesday, April 12, 2016 10:32:41 AM
Rank: New-farer

Joined: 2/19/2016
Posts: 31
Location: Kenya
A Sleeping Giant is what this is.

Usimwone simba kanyeshewa ukadhani paka!
The Best is Yet to Come
Impunity
#1882 Posted : Tuesday, April 12, 2016 11:37:53 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
koscielny wrote:
A Sleeping Giant is what this is.

Usimwone simba kanyeshewa ukadhani paka!


This is better that @Obiero's.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Spikes
#1883 Posted : Tuesday, April 12, 2016 11:53:55 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Impunity wrote:
koscielny wrote:
A Sleeping Giant is what this is.

Usimwone simba kanyeshewa ukadhani paka!


This is better that @Obiero's.



Usiseme hivyo! @Obiero's The Pride of Africa.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
whiteowl
#1884 Posted : Tuesday, April 12, 2016 1:18:26 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
koscielny wrote:
A Sleeping Giant is what this is.

Usimwone simba kanyeshewa ukadhani paka!



Applause Applause Applause Laughing out loudly Laughing out loudly Laughing out loudly
muandiwambeu
#1885 Posted : Tuesday, April 12, 2016 1:24:21 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Spikes wrote:
Impunity wrote:
koscielny wrote:
A Sleeping Giant is what this is.

Usimwone simba kanyeshewa ukadhani paka!


This is better that @Obiero's.



Usiseme hivyo! @Obiero's The Pride of Africa.

the year was 2006, when I had a stunt somewhere along machakos road, my office was quite and a little boring that day, only to be interrupted by this man. he need my advice on a few things to do with built environment, but had missed the right office. but all in all he was banking on liquidating this stock to put up six five storey blocks of flats in high R. now the plans were all ready but need a further tuneup here and there. we hit on and become buddies as I shown my friend where to get sorted out. he was sorted out at 100k consultation fee, quite moderate by my friends measure. but this simba started getting the beating from the rains in relentlessly. and for sure a beating from 60s to 30s was not a kind beating. so we meet again later around city hall with my friend and had suffered a mild stroke from the shock. that was the year 2007/08 or there about. no flats and regretting the stocks idea. I have not heard from my friend since. so, when you say hii simba imenyeshewa jua labda pia amebugia na akazama kwa hill ndibwi la maji mvua na akazama kuzimia.
,Behold, a sower went forth to sow;....
Impunity
#1886 Posted : Tuesday, April 12, 2016 1:48:22 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
muandiwambeu wrote:
Spikes wrote:
Impunity wrote:
koscielny wrote:
A Sleeping Giant is what this is.

Usimwone simba kanyeshewa ukadhani paka!


This is better that @Obiero's.



Usiseme hivyo! @Obiero's The Pride of Africa.

the year was 2006, when I had a stunt somewhere along machakos road, my office was quite and a little boring that day, only to be interrupted by this man. he need my advice on a few things to do with built environment, but had missed the right office. but all in all he was banking on liquidating this stock to put up six five storey blocks of flats in high R. now the plans were all ready but need a further tuneup here and there. we hit on and become buddies as I shown my friend where to get sorted out. he was sorted out at 100k consultation fee, quite moderate by my friends measure. but this simba started getting the beating from the rains in relentlessly. and for sure a beating from 60s to 30s was not a kind beating. so we meet again later around city hall with my friend and had suffered a mild stroke from the shock. that was the year 2007/08 or there about. no flats and regretting the stocks idea. I have not heard from my friend since. so, when you say hii simba imenyeshewa jua labda pia amebugia na akazama kwa hill ndibwi la maji mvua na akazama kuzimia.

Pole.
Did you check on your pal when the floods subsided?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

HaMaina
#1887 Posted : Tuesday, April 12, 2016 3:43:53 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Could this be the reason why this stock has taken such a beating over the past 2 days?

Court halts privatization of sugar factories for 2 months

http://www.capitalfm.co....ugar-factories-2-months/
“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
#1888 Posted : Tuesday, April 12, 2016 3:56:41 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
[quote=HaMaina]Could this be the reason why this stock has taken such a beating over the past 2 days?

Court halts privatization of sugar factories for 2 months

http://www.capitalfm.co....gar-factories-2-months/[/quote]


This is not the reason. Let me help you.

1. Deputy President went to MSC incognito and made remarks which suggested no bailout. He said the government has challenges rolling out rights issue.

2. Another news in the EastAfrican newspaper said CMA has stopped rights issue at MSC. CMA has commissioned a team of auditors to scrutinize the true financial position of the company.

3. MSC board chairman Dan Ameyo said the market is pessimistic for a cash call.

4. CS Henry Rotich said MSC has not written to Treasury to request for rights issue participation by government.

5. Dan Ameyo said they will seek funds elsewhere. Is not clear whether the board will go for a bank loan or strategic investor.

All those points above and half raw material crushing at MSC of 3500 tons per day down from 7000 tons full capacity adds to the beating you are witnessing. Privatisation for now is immaterial to cause a tilt in share price.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
streetwise
#1889 Posted : Tuesday, April 12, 2016 4:13:45 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
It looks like there is a lot of interest in this stock.

I sugest we buy controlling shares then decide what needs to be done to bring the co back to profitability
HaMaina
#1890 Posted : Tuesday, April 12, 2016 4:37:34 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Whatever the case Comesa safeguards expire in the next 10 months.
“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
299 Pages«<187188189190191>»
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