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House team wants Mumias delisted
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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http://www.nation.co.ke/...2/-/k4ee82/-/index.html
Are these MPs serious. We don't mind them delisting Mumias they just have to buy our shares back a Shs100! 
BBI will solve it :)
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Rank: Elder Joined: 11/19/2008 Posts: 1,267
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will this reverse the share price gear? Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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Rank: Member Joined: 2/20/2007 Posts: 359
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I would not be worried. Parliament is simply meddling. Commercial disputes go to court, not parliament! In fact CMA should also ignore the committee.
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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MPs = Idiots... They cant even clean their backsides without asking for help... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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Here; here! Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Nyef nyef tu Life is short. Live passionately.
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Rank: Member Joined: 12/18/2009 Posts: 316 Location: nairobi
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could this be reason why mumias has dropped ? and is there a possiblity that it will climb up again to highs of 13.85? please advise God loves a Trier!
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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annsal wrote:could this be reason why mumias has dropped ? and is there a possiblity that it will climb up again to highs of 13.85? please advise Mumias will even go much higher. I doubt this news had any effect on today's price but what that Mututho guy said on tv yesterday was bad pr for mumias and need to be countered.
BBI will solve it :)
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Rank: Veteran Joined: 11/4/2008 Posts: 1,289 Location: Nairobi
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Point of correction to the Honourable Mpigs. They claim that MSC should belong to the farmers. MSC never had an IPO. MSC sold its shares to Mumias Sugar Outgrower Association (or something like that). The farmers were given an outlet to sell their shares through the NSE. They sold. Others bought and benefitted. The Govt should reduce its shareholding in the company by selling the same shares to farmers but leave the listed stock as it is. Other concerns by the MPigs are serious.
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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@fund - huh? I am confused... and what are these other concerns??? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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House team wants Mumias delisted
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