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UNGA anyone?
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dr.ysj
#351 Posted : Monday, August 09, 2010 6:29:01 PM
Rank: New-farer

Joined: 7/29/2010
Posts: 12
Location: Mombasa
Hello wazurians! This is my first post! I have a thought - dosesnt having a bumper maize harvest this year mean that the comodity is more readily available and hence cheaper, will that affect the Unga share price?
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the deal
#352 Posted : Monday, August 09, 2010 6:38:45 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@dr ysj hahaha truly its ur first post...the more readly available and cheap it is the better...has the price for Ugali changed in Nakumatt? Ask yourslf...
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qw25041985
#353 Posted : Monday, August 09, 2010 6:39:36 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
And i told u guyz that there wasnt going to b am Unga rally come Monday and u didnt believe me. Now u have evidence .
Your future depends on your dreams so go to sleep !
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the deal
#354 Posted : Monday, August 09, 2010 6:42:39 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@madam guru imagine if institutions becomes interested in Unga...i think guys panic sold today...but tomorrow there might be no supply at 14 bob...the volumes are becoming good too..i mean 45K shares traded today...
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Wa_ithaka
#355 Posted : Monday, August 09, 2010 6:59:26 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
the deal- you are right about the volumes, but note in technical terms, high volumes could signify a turning point.
Anybody know how much wheat Unga imports and what proportion of its revenue is from wheat-based products?
The Governor of Nyeri - 2017
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dr.ysj
#356 Posted : Monday, August 09, 2010 7:01:14 PM
Rank: New-farer

Joined: 7/29/2010
Posts: 12
Location: Mombasa
@ deal - and what about the price control policy by the Government. If that would take place and price of Unga goes down in Nakumatt what effect will it have for the stock price?
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the deal
#357 Posted : Monday, August 09, 2010 7:09:08 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Wa_ithaka wrote:
the deal- you are right about the volumes, but note in technical terms, high volumes could signify a turning point.
Anybody know how much wheat Unga imports and what proportion of its revenue is from wheat-based products?

@Wathaika the turning point is up...hope we have flushed out guys who bought at 6-10 bob...so supply will become thin again..buys have been going aggresively...

@dr hasn't that bill been thrown away at state house? that bill wont affect Unga alone but the whole of the NSE...btwn Unga is also no 1 in Uganda...
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VituVingiSana
#358 Posted : Tuesday, August 10, 2010 8:48:24 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Unga also has a subsidiary in Uganda... I wonder how that is doing...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Gatheuzi
#359 Posted : Tuesday, August 10, 2010 9:40:12 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
guru267 wrote:
Gatheuzi wrote:
the deal wrote:
Buyers have snaped every share on offer...just quoate your price and they will buy...16 bob by close of business on Friday is possible???


I was hoping to grab some at 14. I will wait until 4.03pm and see if I get the SMS.

Ugali closed lower... There is no point of owning a counter like this heavily... Too many retail investors


Iam finally in!!!!
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.
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mozenrat
#360 Posted : Tuesday, August 10, 2010 11:00:41 AM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
VituVingiSana wrote:
Unga also has a subsidiary in Uganda... I wonder how that is doing...




Wa_ithaka wrote:
the deal- you are right about the volumes, but note in technical terms, high volumes could signify a turning point.
Anybody know how much wheat Unga imports and what proportion of its revenue is from wheat-based products?



This counter is on the main market segment, right? So why is any detailed information about it so difficult to find???
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