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Mumias Sugar huge demand
Rank: New-farer Joined: 4/28/2019 Posts: 88 Location: Talai
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What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯
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Rank: Elder Joined: 6/23/2009 Posts: 13,493 Location: nairobi
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ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,493 Location: nairobi
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Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma Hopelessness like the one that rocked KQ recently! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,493 Location: nairobi
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Spikes wrote:obiero wrote:Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma Hopelessness like the one that rocked KQ recently! KQ average trade of shares has been 45,000 per day over the last 3 years!!! No real minority shareholder is going out
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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https://www.nation.co.ke...99380-1xu8cw/index.html
It seems no good news for mumias maybe until 2022 when election promises will be made
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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obiero wrote:Spikes wrote:obiero wrote:Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma Hopelessness like the one that rocked KQ recently! KQ average trade of shares has been 45,000 per day over the last 3 years!!! No real minority shareholder is going out Personally, Mumbai trading at .37 is a buy signal for me and i'll keep buying. KQ at 4.3 is trading at 1.08 post consolidation. And I see it dropping from 4 bomb to 1.5 or even .95. I'll be waiting. “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: 6/23/2009 Posts: 13,493 Location: nairobi
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HaMaina wrote:obiero wrote:Spikes wrote:obiero wrote:Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma Hopelessness like the one that rocked KQ recently! KQ average trade of shares has been 45,000 per day over the last 3 years!!! No real minority shareholder is going out Personally, Mumbai trading at .37 is a buy signal for me and i'll keep buying. KQ at 4.3 is trading at 1.08 post consolidation. And I see it dropping from 4 bomb to 1.5 or even .95. I'll be waiting. Hard drugs! KQ is trading post consolidation.. You don't remember that KQLC bought at KES 2.13
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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obiero wrote:HaMaina wrote:obiero wrote:Spikes wrote:obiero wrote:Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma Hopelessness like the one that rocked KQ recently! KQ average trade of shares has been 45,000 per day over the last 3 years!!! No real minority shareholder is going out Personally, Mumbai trading at .37 is a buy signal for me and i'll keep buying. KQ at 4.3 is trading at 1.08 post consolidation. And I see it dropping from 4 bomb to 1.5 or even .95. I'll be waiting. Hard drugs! KQ is trading post consolidation.. You don't remember that KQLC bought at KES 2.13 Pole I'm at the local. I meant pre consolidation ( i.e 4.30 ÷ 4 ) lets wait an see. I'll definitely buy KQ with the same enthusiasm I buy the sugar stocks, just not now. “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: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:HaMaina wrote:obiero wrote:Spikes wrote:obiero wrote:Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma Hopelessness like the one that rocked KQ recently! KQ average trade of shares has been 45,000 per day over the last 3 years!!! No real minority shareholder is going out Personally, Mumbai ?? trading at .37 is a buy signal for me and i'll keep buying. KQ at 4.3 is trading at 1.08 post consolidation. And I see it dropping from 4 bomb to 1.5 or even .95. I'll be waiting. Hard drugs! KQ is trading post consolidation.. You don't remember that KQLC bought at KES 2.13 Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Pesa Nane wrote:obiero wrote:HaMaina wrote:obiero wrote:Spikes wrote:obiero wrote:Ebenyo wrote:obiero wrote:ARAPCHARLEE wrote:What!!!!!!The biggest concern is will this trade beyond negative Zero🧐🤪😳😳😳🤯 Not possible technically on the NSE tickerboard but practically it's already literally at zero But on trading it fares much better than it's fundamentals.On the week between 4th-8th March 2019 it traded 958,000 at the price of 0.55-0.58 The market views mumias technically positive.It will only take suspension for it not to trade. That kind of volume on such a counter implies hopelessness.. Chukua mabaki yaliyomo na usiangalie nyuma Hopelessness like the one that rocked KQ recently! KQ average trade of shares has been 45,000 per day over the last 3 years!!! No real minority shareholder is going out Personally, Mumbai ?? trading at .37 is a buy signal for me and i'll keep buying. KQ at 4.3 is trading at 1.08 post consolidation. And I see it dropping from 4 bomb to 1.5 or even .95. I'll be waiting. Hard drugs! KQ is trading post consolidation.. You don't remember that KQLC bought at KES 2.13 Pesa Name, am at my local they don't sell soup or water there. They sell a byproduct of the Sugar industry.As I said before I honestly don't see how a sitting government can sit back and watch an entire communities livelihood go down the drain. I'm waiting to be proven wrong. “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: 4/4/2016 Posts: 1,997 Location: Kitale
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Mumias sugar was yesterday the third best in trading.1,594,900 shares were traded at kshs 0.33.This was up from kshs 0.32 on Friday.This indicates demand was high. Towards the goal of financial freedom
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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Ebenyo wrote:Mumias sugar was yesterday the third best in trading.1,594,900 shares were traded at kshs 0.33.This was up from kshs 0.32 on Friday.This indicates demand was high. Put it in perspective for us. What was the value traded? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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VituVingiSana wrote:Ebenyo wrote:Mumias sugar was yesterday the third best in trading.1,594,900 shares were traded at kshs 0.33.This was up from kshs 0.32 on Friday.This indicates demand was high. Put it in perspective for us. What was the value traded? The technical aspect does not consider value of shares traded. Towards the goal of financial freedom
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Rank: Elder Joined: 8/16/2011 Posts: 2,293
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President Uhuru should take lead in ensuring Mumias and other sugar companies that are majority Govt owned have strict board appointees while Govt appointee should strictly follow the rules of govt to help create employment and make money.
They should be forced to have quarterly reports
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Rank: Elder Joined: 2/7/2007 Posts: 921
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Realtreaty wrote:President Uhuru should take lead in ensuring Mumias and other sugar companies that are majority Govt owned have strict board appointees while Govt appointee should strictly follow the rules of govt to help create employment and make money.
They should be forced to have quarterly reports
I would agree to some extent but as it is, the gaament does not have full control over who becomes a board. Even then, the current gaament appointed board members at Mumias are totally clueless and are partly to blame for the mess there. I still hold that Western politicians would have saved MSc, unfortunately, they speak not one language while a majority are deep in the pockets of Rai.... This being the case and it's well known by Uhuru, who is he to care?
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Njunge wrote:Realtreaty wrote:President Uhuru should take lead in ensuring Mumias and other sugar companies that are majority Govt owned have strict board appointees while Govt appointee should strictly follow the rules of govt to help create employment and make money.
They should be forced to have quarterly reports
I would agree to some extent but as it is, the gaament does not have full control over who becomes a board. Even then, the current gaament appointed board members at Mumias are totally clueless and are partly to blame for the mess there. I still hold that Western politicians would have saved MSc, unfortunately, they speak not one language while a majority are deep in the pockets of Rai.... This being the case and it's well known by Uhuru, who is he to care? You mean kabras is the reason for downfall of mumias?
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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I don't think farmers will oppose this move as all private Miller's are making profits and paying farmers on time.
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