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Mumias Sugar huge demand
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technician
#1486 Posted : Tuesday, September 01, 2015 10:46:44 AM
Rank: New-farer

Joined: 8/25/2015
Posts: 15
Location: Nairobi
At least there is some support for this share
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HaMaina
#1487 Posted : Tuesday, September 01, 2015 2:37:54 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
More political & legal noncence, but it spoils a fairly ready meal.

Wamwangi clashes with privatisation team over sugar mills sale

http://www.businessdaily...6/-/syh2fmz/-/index.html
“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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heri
#1488 Posted : Thursday, September 03, 2015 2:11:12 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
When is Mumias likely to release FY2015 results
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streetwise
#1489 Posted : Thursday, September 03, 2015 2:15:14 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
You really want to see the FY2015 results ???.

Unless they revalue land which must have appreciated by now, this will be one BIG real mess !
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HaMaina
#1490 Posted : Thursday, September 03, 2015 3:17:29 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
streetwise wrote:
You really want to see the FY2015 results ???.

Unless they revalue land which must have appreciated by now, this will be one BIG real mess !


Mess or not, I,m still in this ship. It sinks I,ll navigate the captain the easiest route to hell, if not a cold one by the beach shall have been earned.
“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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HaMaina
#1491 Posted : Friday, September 04, 2015 7:34:18 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Odinga sues Duale for linking him to Mumias Sugar collapse

“The Plaintiff avers that the defamatory and malicious words uttered have grievously injured his character both personally and as a very prominent politician and leader in Kenya and in the world and as such he had been exposed to public scandal, odium and ridicule and embarrassment.” “He has been lowered in the estimation of right thinking persons and continues to be injured in the course of his private and public life.”

http://citizentv.co.ke/n...-mumias-sugar-collapse/

-I think then I'm also a right thinking person.
“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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streetwise
#1492 Posted : Friday, September 04, 2015 7:47:24 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Never understand why people do not like positive news.

In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya
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HaMaina
#1493 Posted : Friday, September 04, 2015 8:16:47 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
streetwise wrote:
Never understand why people do not like positive news.

In Citizen TV last evening Mumias back in full swing producing 6,000 tons of sugar per day. In stock 70,000 litres of ethanol. Ama iyo ni mbaya



And still not producing at 100%

https://www.youtube.com/watch?v=xwfbi-TYhnc
“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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streetwise
#1494 Posted : Friday, September 04, 2015 9:40:59 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
75% operation good for me , how may of us got 100% marks in any exam.

Brown sugar demand high, thought this was waste.

And I stand corrected 70K ltrs of ethanol per day
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HaMaina
#1495 Posted : Friday, September 04, 2015 9:45:10 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Illegal sugar, not the imports, is the greatest threat to the local industry Mr Weda is the Sony Sugar Board chairman

http://www.nation.co.ke/...16/-/nfwpnu/-/index.html
“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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Ericsson
#1496 Posted : Friday, September 04, 2015 9:47:51 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Mumias will be back in profitability in two years time or less.
As Kenyans must we wait for the white man and Chinese to revive our dead industries?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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iris
#1497 Posted : Friday, September 04, 2015 10:33:51 AM
Rank: Member

Joined: 9/11/2014
Posts: 228
Location: Nairobi
Oh yes, we are Kidero and Naikuni. We may have brains, but culture (or whatever you call it)?
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technician
#1498 Posted : Friday, September 04, 2015 12:49:26 PM
Rank: New-farer

Joined: 8/25/2015
Posts: 15
Location: Nairobi
HaMaina wrote:
streetwise wrote:
You really want to see the FY2015 results ???.

Unless they revalue land which must have appreciated by now, this will be one BIG real mess !


Mess or not, I,m still in this ship. It sinks I,ll navigate the captain the easiest route to hell, if not a cold one by the beach shall have been earned.


Up to now I thought you were against those investing in MSC.

Not that I want to bring any argument, but I have to ask.
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HaMaina
#1499 Posted : Friday, September 04, 2015 12:54:18 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
technician wrote:
HaMaina wrote:
streetwise wrote:
You really want to see the FY2015 results ???.

Unless they revalue land which must have appreciated by now, this will be one BIG real mess !


Mess or not, I,m still in this ship. It sinks I,ll navigate the captain the easiest route to hell, if not a cold one by the beach shall have been earned.


Up to now I thought you were against those investing in MSC.

Not that I want to bring any argument, but I have to ask.


Have been here for the past 4 years and counting.
“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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technician
#1500 Posted : Friday, September 04, 2015 1:59:51 PM
Rank: New-farer

Joined: 8/25/2015
Posts: 15
Location: Nairobi
Now that we agree that MSC is a good share lets continue with the discussion that is developing in support of this counter.

It has been a while before people could say that they have bought shares in this counter. Now things are changing and investors are starting to come out in support of this share.
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