wazua Sun, Mar 22, 2026
Welcome Guest Search | Active Topics | Log In

299 Pages«<268269270271272>»
Mumias Sugar huge demand
Options
Previous Topic · Next Topic
Ericsson
#2691 Posted : Thursday, September 05, 2019 12:58:45 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
HaMaina wrote:
That Oparanya revival plan can't hold any water if it's personal without the national government. Today I think all he did was embaras himself on live TV.


The task force also suggested that the county should use part of its revenue to buy shares of the ailing Mumias Sugar Company, as it moves towards full control.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#2692 Posted : Monday, September 16, 2019 4:37:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Sugar millers brace for Uganda competition
https://www.businessdail...4476-w1lx54z/index.html Kenya currently imports 30,000 tonnes of sugar from Uganda annually, but Kampala wants to enhance the volumes to 90,000 tonnes following surplus in production. Uganda is also seeking to export sugar cane.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
HaMaina
#2693 Posted : Tuesday, September 24, 2019 1:31:04 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
This stock has been unusually quiet for a while,any info??Sad Sad Sad
“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
Back to top
  |
Ericsson
#2694 Posted : Tuesday, September 24, 2019 1:40:27 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
HaMaina wrote:
This stock has been unusually quiet for a while,any info??Sad Sad Sad

Have you heard any noise from the factory?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Njunge
#2695 Posted : Tuesday, September 24, 2019 2:41:42 PM
Rank: Elder

Joined: 2/7/2007
Posts: 921
Under receivership effective today.
Back to top
  |
kayhara
#2696 Posted : Tuesday, September 24, 2019 3:46:29 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
Njunge wrote:
Under receivership effective today.

Holy moly, happened when I was away from computer I need to offload ASAP
that is if I can get a buyer, man getting screwed all over I just got off KP to MSCSad Sad
To Each His Own
Back to top
  | | Edit by user: Tuesday, September 24, 2019 3:50 PM | Reason: Not specified
VituVingiSana
#2697 Posted : Tuesday, September 24, 2019 3:56:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
kayhara wrote:
Njunge wrote:
Under receivership effective today.

Holy moly, happened when I was away from computer I need to offload ASAP
that is if I can get a buyer, man getting screwed all over I just got off KP to MSCSad Sad
If it is under receivership then chances are the shares will be suspended. Do what I did with ARM and provision 100%.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Tuesday, September 24, 2019 3:58 PM | Reason: Not specified
Ericsson
#2698 Posted : Tuesday, September 24, 2019 3:59:08 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
kayhara wrote:
Njunge wrote:
Under receivership effective today.

Holy moly, happened when I was away from computer I need to offload ASAP
that is if I can get a buyer, man getting screwed all over I just got off KP to MSCSad Sad


Once a screw always a screw.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Ericsson
#2699 Posted : Tuesday, September 24, 2019 8:42:24 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Njunge wrote:
Under receivership effective today.


KCB bank places Mumias under receivership to protect its assets and to the best extent maintain its operations.

Mumias to be suspended from trading in the NSE.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  | | Edit by user: Tuesday, September 24, 2019 8:54 PM | Reason: Not specified
Njunge
#2700 Posted : Tuesday, September 24, 2019 9:03:00 PM
Rank: Elder

Joined: 2/7/2007
Posts: 921
Ericsson wrote:
Njunge wrote:
Under receivership effective today.


KCB bank places Mumias under receivership to protect its assets and to the best extent maintain its operations.

Mumias to be suspended from trading in the NSE.


I wondered long ago and NSE ought to have suspended this one eons ago. Kayhara and the likes would not be shitting bricks now. On another note, I think the move by KCB is dumb and ill informed. The receiver manager has zero capacity to resume operations and even if he had, he would still require capital in the region of Kshs 7b to start any meaningful operations. Dead move.
Back to top
  |
299 Pages«<268269270271272>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.