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Mumias Sugar huge demand
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HaMaina
#1311 Posted : Friday, March 06, 2015 9:48:36 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Some Ugandan news update.

Kenya has banned all sugar imports coming from neighbouring countries.

http://www.monitor.co.ug...22/-/4vtpde/-/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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HaMaina
#1312 Posted : Friday, March 06, 2015 10:07:17 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
I've noticed the free fall today, I was just wondering, what did people expect? Some interim dividend maybe?????
“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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The254Consultant
#1313 Posted : Friday, March 06, 2015 12:01:18 PM
Rank: Hello

Joined: 1/30/2015
Posts: 5
Location: Kenya
@HaMaina...Wondering the same. Kwani people din't know it was closed last year for 2.5 months!!! The psychology of speculators at work.Anyway this might present the much wanted position for a buy at 1 bob!!
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streetwise
#1314 Posted : Friday, March 06, 2015 12:07:07 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Don't tempt me
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ecstacy
#1315 Posted : Friday, March 06, 2015 12:09:53 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
Given the swings with the Mumias share price, this thread should be altered to "Mumias Sugar huge demand/SUPPLY" lol
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Pesa Nane
#1316 Posted : Friday, March 06, 2015 2:19:34 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
As Mumias trades 12 Million shares today......

Pesa Nane plans to be shilingi when he grows up.
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streetwise
#1317 Posted : Friday, March 06, 2015 2:38:03 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
The share was crashing in the morning and now 7% up.

When did the news come in and how quick wa the reaction ? This is like NSE is true online ????

The guy who sold in the morning at 2.40 must be pissed off
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HaMaina
#1318 Posted : Friday, March 06, 2015 2:40:44 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
From lows of 2.30 to between. 2.90 & 3.0 highs in under 6 hours. Talk of kufufuka, those who sold at the lows must be scratching their heads now. Pole.
“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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mlennyma
#1319 Posted : Friday, March 06, 2015 2:44:30 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
streetwise wrote:
The share was crashing in the morning and now 7% up.

When did the news come in and how quick wa the reaction ? This is like NSE is true online ????

The guy who sold in the morning at 2.40 must be pissed off

this market is done through middle men otherwise it could have been a chaotic one,where you want to claim your money or shares back citing you were duped.
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#1320 Posted : Friday, March 06, 2015 3:04:22 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
HaMaina wrote:
From lows of 2.30 to between. 2.90 & 3.0 highs in under 6 hours. Talk of kufufuka, those who sold at the lows must be scratching their heads now. Pole.

to benefit from quick burgains,you need a fully charged online account.
"Don't let the fear of losing be greater than the excitement of winning."
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299 Pages«<130131132133134>»
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