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Mumias Sugar huge demand
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Ericsson wrote:HaMaina wrote:The sugar industry seems to be warming up, 8 months to go.  Warming up to 2022 elections https://www.nation.co.ke...-spares-for-mill-1370576
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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FUNKY wrote:https://www.nation.co.ke/kenya/business/peter-munya-slams-brakes-on-cheap-sugar--1419426
Seems this time mumias will come back to life Cleaning up the former Minister's licenses. New licences will be granted. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,777 Location: NAIROBI
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FUNKY wrote:https://www.nation.co.ke/kenya/business/peter-munya-slams-brakes-on-cheap-sugar--1419426
Seems this time mumias will come back to life Good news for the creditors Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,754 Location: nairobi
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Ericsson wrote:FUNKY wrote:https://www.nation.co.ke/kenya/business/peter-munya-slams-brakes-on-cheap-sugar--1419426
Seems this time mumias will come back to life Good news for the creditors The green bank wins yet again
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/4/2009 Posts: 10,777 Location: NAIROBI
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obiero wrote:Ericsson wrote:FUNKY wrote:https://www.nation.co.ke/kenya/business/peter-munya-slams-brakes-on-cheap-sugar--1419426
Seems this time mumias will come back to life Good news for the creditors The green bank wins yet again Kabisa Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/23/2014 Posts: 924
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Rank: Veteran Joined: 4/23/2014 Posts: 924
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State begins process of leasing out five sugar factories “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: 4/30/2010 Posts: 1,635
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Only bad news from Mumias, has any suspended share on NSE ever come back to trade? How many firms have gone down with investors money at NSE, so among ARm, Kenya airways and Mumias which will come up first, and also I wonder which is next Uchumi? Mumias not among suspended firms on NSE website has it been delisted? https://www.nse.co.ke/li...-delisted-companies.htmlTo Each His Own
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Rank: Elder Joined: 6/23/2009 Posts: 13,754 Location: nairobi
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kayhara wrote:Only bad news from Mumias, has any suspended share on NSE ever come back to trade? How many firms have gone down with investors money at NSE, so among ARm, Kenya airways and Mumias which will come up first, and also I wonder which is next Uchumi? Mumias not among suspended firms on NSE website has it been delisted? https://www.nse.co.ke/li...delisted-companies.html
Hey. Fear should only be for the weak. Uchumi made it back to active trading after suspension.. KQ has not disappeared with investor funds. Try to be factual
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 4/23/2014 Posts: 924
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Leasing of state owned Sugar mills with CS Munya“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: 924
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Workers, counties to oversee leasing of State sugar millers“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: 924
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State to reposes acquired Miwani land “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: 12/4/2009 Posts: 10,777 Location: NAIROBI
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In summary Mumias sugar is dead and no chance of it trading in the NSE again Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/23/2014 Posts: 924
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4 months to the COMESA decline for sugar sector reforms. “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: 5/5/2011 Posts: 1,059
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4 Months..How is the general local sugar industry? will we ask for an extension, will the sugar industry ever recover again whether under private or under GoK? what is currently happening? anything of interest we are waiting for? To Each His Own
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Rank: Veteran Joined: 4/23/2014 Posts: 924
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High class Ukora being perpetrated in the sugar industry through fairy tales and lies.  1. Mumias sugar to commence milling in September after purchase of new machines Read more: https://www.tuko.co.ke/3...-purchase-machines.html[/url] Nb. The new machines were purchased from South Africa and set to arrive in the country before the end of July 2. [url=https://www.the-star.co.ke/news/2020-11-18-revival-of-troubled-mumias-sugar-miller-stalls/]Revival of troubled Mumias sugar miller stalls Nb. • The management ordered spare parts to fix the milling plant from Europe in February. They are yet to be shipped in. “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: 924
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Making Paper from Sugar Cane, 1955“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: 924
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The countdown continues. 3 Months to the COMESA decline.  “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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