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Mumias Sugar and SASINI TEA AND COFFEE LTD. Your perfect growth stocks.
youcan'tstopusnow
#41 Posted : Wednesday, July 28, 2010 8:15:05 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
shauriyako, this 2nd half of the financial year Vs the last 2nd half...
GOD BLESS YOUR LIFE
shauriyako
#42 Posted : Wednesday, July 28, 2010 8:22:48 PM
Rank: New-farer

Joined: 6/17/2010
Posts: 71
Location: Kenya
@youcan't...
YES. They only need to match this 2H to last years 2H to post a huge growth year end June 30th.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
youcan'tstopusnow
#43 Posted : Thursday, July 29, 2010 11:32:35 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Mumias inapaa
GOD BLESS YOUR LIFE
ProverB
#44 Posted : Thursday, July 29, 2010 12:34:32 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
youcan'tstopusnow wrote:
Mumias inapaa


consider four weeks ago

MSCStart Price End Price Growth Vol
...........13.00 12.95 -0.38% 15,731,300

consider 3 months ago

MSCStart Price End Price Growth Vol
...........12.90 12.95 0.39% 70,761,900

consider 6 months ago

MSCStart Price End Price Growth Vol
...........8.90 12.95 45.51% 159,491,800

..slowed down don't you think?

likely calm before storm..waiting full year results release
..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
Aguytrying
#45 Posted : Thursday, July 29, 2010 2:16:58 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Its officially a rally! There's something i dont get. Everyone keeps blaming the referendum for low market volumes, but look whats going on now! so many counters on the up and pretty decent volumes.
The investor's chief problem - and even his worst enemy - is likely to be himself
Gatheuzi
#46 Posted : Thursday, July 29, 2010 2:17:40 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
shauriyako wrote:
I do not think my math is so poor. Is it not true that if Mumias made 500% groth in the 1H just duplicating their 2H last - meaning no growth - should give them 250%. Assumption their 1H figures are similar to their 2H figures.
Can someone then enlighten me how you can make 500% growth in 1H then end up 30% or whatever %age figure Pple are projecting for the year without posting close to a 400% decline in profits for the 2H. Honestly guys I do not see anything below 150% growth for the year on this counter.


The main growth in Mumias PAT for last year occured in 2nd half. i.e. they generated 1.6bn in full year; 90% of which was attributable to 2nd half (1.4bn).

This year we see a PAT of 1bn in first half. I would not expect this to be 10% of the results for full year like last year. If we optimistically project the second half to yield 100% of first half, this will bring PAT of another 1bn bringing the total PAT for the year to 2Bn.

Now compare 2bn this year to 1.6bn last year. This is a 29% growth compared to last year.

To achieve a 150% growth, the 2nd half will have to contribute 3bn (3 times more than first half). Well, Iam not a pessimist but this is very very unlikely!!!

All the same I could be wrong.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
cnn
#47 Posted : Thursday, July 29, 2010 2:24:47 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
This has been argued here before.Expecting Mumias to grow by more than 30% at full year is a mirage.Further if you look back at first half results and remove the biological gains component,profit from operations was nothing to write home about.They could prove me wrong...
shauriyako
#48 Posted : Thursday, July 29, 2010 3:03:47 PM
Rank: New-farer

Joined: 6/17/2010
Posts: 71
Location: Kenya
@ Gatheuzi
Nimejisomea, nimejiamulia na nimejichagulia - thanks to you. I am the wiser now.
I got the books but never looked at how the the 2H of the FY contributed to the final 1.6B. Looked at the cake and forgot the ingredients.

@cnn
thanks too.

I will now relook at where to place my few shillings. I have tried to stay 40% liquid so as to take advantage of the anticipated fluctuations in the market.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
guru267
#49 Posted : Thursday, July 29, 2010 8:37:21 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I'm starting to get cavities... TOO MUCH SUGAR!!!
Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#50 Posted : Thursday, July 29, 2010 10:08:10 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Any dentist in the house?
GOD BLESS YOUR LIFE
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