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Mumias Sugar and SASINI TEA AND COFFEE LTD. Your perfect growth stocks.
winston
#61 Posted : Friday, July 30, 2010 1:41:23 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
@pkoli - No need to be doubtful on ethanol and water. As for ethanol, the blending with petrol has been mooted by the government for quite some time now. I think the issue was whether there shall be enough ethanol (from the sugar industry as a whole) to sustain legislation requiring all petrol to be blended.

On bottled water, the market is still largely underserved (as evidenced by water costing more than petrol) and with the increasing health conscious middle class and continued inefficiencies of water companies (cant trust their water) the demand for bottled water will continue to increase. The investment required is small change and they can ride on their current distribution system...meaning higher contribution to PBT
PKoli
#62 Posted : Friday, July 30, 2010 3:43:28 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
@Winston,

I agree. I will start to re-evaluate my thinking about Mumias.
youcan'tstopusnow
#63 Posted : Monday, August 23, 2010 10:07:34 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Lets see how Mumias holds up this week. They may announce on the 28th
GOD BLESS YOUR LIFE
qw25041985
#64 Posted : Monday, August 23, 2010 10:13:58 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
I have a sizable chunk in this baby right here .
They'll report an eps of 0.50 cents and a profit of 1.7 billion , thats if my internal sources are correct .....i knw they are. Why quote them if otherwise . Twende kazi sasa .
Your future depends on your dreams so go to sleep !
youcan'tstopusnow
#65 Posted : Monday, August 23, 2010 10:36:42 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
1.7 billion? qw, do you wan't to cause a sell-off? Ama ni Njung'e amekutuma?smile
GOD BLESS YOUR LIFE
guru267
#66 Posted : Monday, August 23, 2010 10:48:24 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
qw25041985 wrote:
I have a sizable chunk in this baby right here .
They'll report an eps of 0.50 cents and a profit of 1.7 billion , thats if my internal sources are correct .....i knw they are. Why quote them if otherwise . Twende kazi sasa .

@qw... What r you smoking? Mumias had a half year of 1.5billion and i expect a full year of 3.2 billion
Mark 12:29
Deuteronomy 4:16
subaru
#67 Posted : Monday, August 23, 2010 10:56:12 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
@ qw if your scources are correct what are we recieving as dividends?
youcan'tstopusnow
#68 Posted : Monday, August 23, 2010 11:01:16 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
subaru wrote:
@ qw if your scources are correct what are we recieving as dividends?

subaru, the 'sources' NEVER divulge all the details. They only give titbits
GOD BLESS YOUR LIFE
underweight
#69 Posted : Monday, August 23, 2010 11:05:10 AM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@ guru267 where did you get that from? Ati 1.5 billion for half year. That will translate to Eps of about Kshs 1.00. The 1H earning per share eps was Ksh 0.67. If that is replicated then we expect final eps of 1.34. So the source might be right! May be a dividend of 50 cents! If most people are thinking like you then they'll be disappointed and we'll have a sell off! Let me alight today!
"A bad decision made now is beta that a good one made later!!"
Evolve
#70 Posted : Monday, August 23, 2010 11:11:48 AM
Rank: Member

Joined: 9/25/2007
Posts: 96
@qw - MSC can not post an EPS of .50 cents maybe you meant DPS which has always been in this neighborhood. In any case, 2009 the EPS was Kshs 1.05 and the figure indicated would mean deteriorating performance.
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