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Mumias sugar prospects
ProverB
#1 Posted : Monday, April 12, 2010 12:39:16 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
..excellent 1st half results...in an environment were 6 months portend extreme probabilities... what are the chances full year will reflect the 500+ % growth??
are the chances solid enough to warrant getting in now considering price has kind of stabilised??
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
guru267
#2 Posted : Monday, April 12, 2010 12:52:17 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the following months will be good but not anywhere near 500%... one has to consider that sugar prices have fallen 35% from their peak in december last year and secondly the 560% growth in profits was as a result of very low base in 2008...

though i still remain very bullish on the share price considering its future mergers/takeovers and increase in power generation...

i bought heavily between 9.2-9.8bob
Mark 12:29
Deuteronomy 4:16
ProverB
#3 Posted : Monday, April 12, 2010 1:02:28 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
our market tends to react more to huge profit comparisons rather than overall value..so fo traders..i guess it remains a buy for awhile..most longtermers need it to get to 16 to break even..meaning a substantial volume remains held between now and 15Bob..a tidy profit that would be.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
stock.enigma
#4 Posted : Monday, April 12, 2010 1:05:50 PM
Rank: Member

Joined: 8/14/2009
Posts: 244
I expect this share to be trading at sh16 by July. If you invest now, you can easily make 50% in three months. However, remember the decision is yours and this contaributor takes no responsibility on your devisions.
TTT
#5 Posted : Tuesday, April 13, 2010 10:49:36 AM
Rank: Member

Joined: 9/16/2009
Posts: 15
put sugar in your tea!
Y
#6 Posted : Tuesday, April 13, 2010 8:07:59 PM
Rank: New-farer

Joined: 1/8/2010
Posts: 7
Location: Kenya
Watch your sugar intake as you watch the price of mumia stock.
Please don't put more sugar in your tea..... it's effects are significantly visible in the diabetics in our communities.
young
#7 Posted : Tuesday, April 13, 2010 9:00:46 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
For Speculation purposes it would have paid off for Stocksmaster to wait and exit from Mumias in a few months time at 16 plus bob;
It would have been good ride from 5 Plus to 16 plus bob.

Personally I consider Mumias a junk stock
not witstanding her recent foray into power generation.
It went from 2 for 1 bonus at 16 bob to 3 bob in 2008 and it is gradually climbing back.

With apologies to KQ stock fans, I consider it junk, rising a few years and falling back. It is rising again. This is typical of airline stocks in any market. One negative news can set the stock tumbling to its lows and it takes long to recover.

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Agra
#8 Posted : Thursday, April 15, 2010 12:02:55 AM
Rank: Member

Joined: 4/22/2007
Posts: 96
Location: Agra, India
Mumias has strong fundamental and i wouldnt trade it for KCB which has reached its peak and unable to fight competion from rivals.
It's easy for investors to get emotional and prejudiced when trading, but computers don't
Gordon Gekko
#9 Posted : Tuesday, April 20, 2010 11:25:01 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Is the sugar slowly getting sweeter or is it my sweet tooth?
stock.enigma
#10 Posted : Tuesday, April 20, 2010 11:43:41 AM
Rank: Member

Joined: 8/14/2009
Posts: 244
P1: "More sugar please!!!
P2: Which sugar?
P1: Mumias Sugar, "a tradition of leadership and excellence"
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