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Mumias Sugar huge demand
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koxwex
#1341 Posted : Tuesday, March 10, 2015 9:30:34 AM
Rank: New-farer

Joined: 9/12/2014
Posts: 22
Location: Nairobi
joejuma wrote:
agriculture based manufacturing is the hardest industry to operate! Moreso when u depend on outgrowers for raw materials! 5b wont help mumias-msc doesnt crash money bt cane! Even 10b is useless unless the got cane.

Best bailout is mending ties with farmers. Getting back the nasewa nucleus.Leasing huge tracts of land frm farmers to develop nucleus.

Coz having the 5b and a farmer getting a DR after harvest wil still lead to OOC due to cane shortage.

Msc may also close the water bottling plant and renegotiate with kplc on the cogeneration

to achieve what you are thinking takes money like hard liquid cash and good management to see to it that farmers and company nucleus are well taken care of. without capital all you are saying is nothing and can't be achieved.
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HaMaina
#1342 Posted : Tuesday, March 10, 2015 2:16:39 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
More News, less action.

Why it will take more than Sh5bn to revive Mumias

http://www.nation.co.ke/...6/-/6a8wxxz/-/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
#1343 Posted : Wednesday, March 11, 2015 9:50:10 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
What's with the sudden drop? Kwani watu wanaomboleza kidero? If there is evidence pointing to him, let him fry.
“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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Sober
#1344 Posted : Wednesday, March 11, 2015 10:57:07 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
[quote=HaMaina]What's with the sudden drop? Kwani watu wanaomboleza kidero? If there is evidence pointing to him, let him fry.[/quote
Laughing out loudly Laughing out loudly I am seeing a demand for 2.20 *that shows how ambition some buyers are on this counter pricewise*
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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HaMaina
#1345 Posted : Wednesday, March 11, 2015 11:26:11 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Sober wrote:
[quote=HaMaina]What's with the sudden drop? Kwani watu wanaomboleza kidero? If there is evidence pointing to him, let him fry.[/quote
Laughing out loudly Laughing out loudly I am seeing a demand for 2.20 *that shows how ambition some buyers are on this counter pricewise*

Those who sell in a panic, wacha wakamuliwe, kisha wachinjwe kama ngombe.
“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
#1346 Posted : Wednesday, March 11, 2015 11:34:00 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
And the rights are no announced see cautionary note in DN of today
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HaMaina
#1347 Posted : Wednesday, March 11, 2015 2:34:31 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
This guy is walking on very thin ice.

KPMG Says It Sought Kidero's Response Before Publishing Mumias Sugar Audit

https://www.youtube.com/watch?v=kpCLiwSnCj4
“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
#1348 Posted : Wednesday, March 11, 2015 3:43:56 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
A tief is always scared that is why they always run away all the time.

And all the time they run...
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kawi254
#1349 Posted : Wednesday, March 11, 2015 5:45:18 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Is there a correlation of Daily Nation's Buy/Hold/Sell column that appears on Wednesday's to a stocks performance?

e.g
Wednesday, March 11, 2015
Avoid Mumias stock but buy or hold Unga

Mumias today falls by -11.29% (there is also other negative news on same day).

Is 'wanjiku' reading this column and panic/euphoria selling/buying?
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Angelica _ann
#1350 Posted : Wednesday, March 11, 2015 5:48:56 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
kawi254 wrote:
Is there a correlation of Daily Nation's Buy/Hold/Sell column that appears on Wednesday's to a stocks performance?

e.g
Wednesday, March 11, 2015
Avoid Mumias stock but buy or hold Unga

Mumias today falls by -11.29% (there is also other negative news on same day).

Is 'wanjiku' reading this column and panic/euphoria selling/buying?

No correlation at all. Just a coincidence for this week.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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