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Mumias Sugar huge demand
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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So I ask myself why are British companies and other lining up to buy these sugar companies if the stories we see in the media about sugar industry in Kenya are true, i.e. comes safe guard, high production costs, no can etc.
Why would an investor invest in such a market where lose is assured.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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streetwise wrote:So I ask myself why are British companies and other lining up to buy these sugar companies if the stories we see in the media about sugar industry in Kenya are true, i.e. comes safe guard, high production costs, no can etc.
Why would an investor invest in such a market where lose is assured.
Once investors e.g British companies buy this ailing sugar companies the better. They will install modern plants which will increase production at low cost per ton of cane crushed. Cartels will be eliminated along the supply chain. Early maturing canes with high sucrose content will be introduced into farms. The overall cost of production will come down making Kenyan sugar industry competitive globally. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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British firm is Tate and Lyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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mawinder wrote:British firm is Tate and Lyle selling the five and leaving mumias exposes mumias to more competition should deep pockets buy the rival firms "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:mawinder wrote:British firm is Tate and Lyle selling the five and leaving mumias exposes mumias to more competition should deep pockets buy the rival firms Which means the day the five are sold analysts will revise the MSC stock forecast and advice their clients to exit. This action will tank this stock further to the abyss. I have seen sub 1bob printing whichever the direction of the government. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. “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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HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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I suggest you monitor Mac quarterly that was you may find some change in trend
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Spikes wrote:HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. Sub 50cents will be organic. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Impunity wrote:Spikes wrote:HaMaina wrote:Yet another week down, na bado hatutingiki, lets see what nest week has to offer-poor,bad,boring and nonsense news, hiyo tushazoea. Offload now you buy later sub 1bob so that your shareholding gets spiced upwards. When real bad news hits this counter properly you will be humbled to pull the trigger unconsciously. I am waiting third longest Elliot wave count to join below 100 cents. Sub 50cents will be organic. It will hit there(sub50cents) as MSC runs medieval machinery prone to frequent breakdowns. High maintenance costs. Huge wastage compared to modern plants used in other parts of the world like Egypt,Brazil, S. Africa, Mauritius beyond developed continents. Greedy directors sitting every week to take home between 40-50k per meeting while they are turning around nothing. Government has pumped 500M+500M+1B=2B to date . No progress. Farmers and workers have not been paid. This is a time bomb waiting an outburst of industrial action . I don't think management and entire MSC leadership is prepared on how to quell the demonstrations and go slow at work place. No break even as the company crushes 50% of its full capacity of 7000 tons canes per day. CMA ordered an inquiry into the books of accounts before rolling out rights issue a clear sign the last loss report might have been wider than what was printed on newspapers. The time you will hear on authoritative media that CEO of MSC has resigned citing inherent poor strategy and red tape it wanna be the beginning of great tribulations. Anything is possible with this stock! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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