Wazua
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Mumias Sugar huge demand
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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HaMaina wrote:Whatever the case Comesa safeguards expire in the next 10 months. I will explain to you the implications of the above points and how the market reacts towards them. Now I am busy just later in the evening. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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streetwise wrote: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 That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share..
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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iris wrote:streetwise wrote: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 That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. http://www.theeastafrica.../-/wrurs1z/-/index.html
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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iris wrote:streetwise wrote: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 That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. It will be very hard bearing in mind that this is a community controlled company and government factor,politics will always be at our door steps and nothing meaningful development wise can be achieved. The idea will work only if mumias has its own sugar plantation field to satisfy its full capacity thus delinking it from the community and government is not a majority shareholder thus we will be able to influence at board level, other plans are just exercise in futility 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
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Rank: Member Joined: 9/3/2015 Posts: 118 Location: Nairobi
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iris wrote:streetwise wrote: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 That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. At a shilling it would be a very smart investment,instead of chasing after ownership of black gold companies white gold would be way better
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Musimo wrote:iris wrote:streetwise wrote: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 That is a really good idea and given the amount of brains on Wazua, it would probably be a future case study. But the usual suspects of treachery, graft, tribalism, etc would likely stand in the way. However, if you decide to champion the cause, I for one would buy in and purchase my share.. At a shilling it would be a very smart investment,instead of chasing after ownership of black gold companies white gold would be way better As bad news keeps rolling in this counter will dampen the moods of many speculators. It will trade sub 1bob very soon. It will remain sub 1 bob for long as the next move by government and management will be nasty to market participants. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: New-farer Joined: 8/19/2015 Posts: 25
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Take advantage of the bad news and collect more...the company isnt closing and like i said millionaires will be made and panic sellers will be poor.
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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mzitoaggrey wrote:Take advantage of the bad news and collect more...the company isnt closing and like i said millionaires will be made and panic sellers will be poor. The fear seems to have subsided and people are buying. “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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Rank: Veteran Joined: 4/23/2014 Posts: 931
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A British company, millers line up to buy struggling sugar firmshttp://www.standardmedia...-struggling-sugar-firms
“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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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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The problem with this process is pushed forward by the courts to 2017. The risk of politics brought into this sugar industry for individual gains. It is about politicians to make campaign money to propel them to power. There is deliberate sabotage on the sweetener sector. The turnaround strategy at MSC has been hijacked by opportunistic criminal cartels closely associated to politicians. I don't see legislative will to resuscitate MSC to life. Not until 2017 elections headwinds have subsided. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Mumias Sugar huge demand
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