wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

299 Pages«<145146147148149>»
Mumias Sugar huge demand
Options
Previous Topic · Next Topic
dunkang
#1461 Posted : Tuesday, August 25, 2015 10:25:53 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
streetwise wrote:
For one with money that has no immeduiate use this can be a kill.
Imagine 100K shares as 2 bob. And for argument sake the price goes to 10 Bob.

To jorg your mind , remember Unga at 12 bob and now 45 bob

I disagree. Not Mumias. Labda kwengine.
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
streetwise
#1462 Posted : Tuesday, August 25, 2015 10:26:35 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Hapana , at the casino you are guaranteed to lose 100%. Tell me any one who made money in the casino and I will tell you 100 who have made money at the stock market including Mumias
Back to top
  |
mzitoaggrey
#1463 Posted : Tuesday, August 25, 2015 10:43:50 AM
Rank: New-farer

Joined: 8/19/2015
Posts: 25
What impact will the government's move to write off debts owed to sugar millers to the tune on 35 billion have on the sugar sector?
Back to top
  |
Njung'e
#1464 Posted : Tuesday, August 25, 2015 12:32:56 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
mzitoaggrey wrote:
What impact will the government's move to write off debts owed to sugar millers to the tune on 35 billion have on the sugar sector?


That will attract investors when it comes to privatizing. Overall, the various strategic investors to be picked will determine the fate of many mills. I must say that , as a country, we must avoid such bodies as ISGEC. Asian sugar industry and especially Indian, is nothing but filth and junk. let's invite the very best such as Suedzucker , Cosan , Louis Dreyfus or Wilmar amongst other.Such should impact on the efficiencies of our mills.
Nothing great was ever achieved without enthusiasm.
Back to top
  | | Edit by user: Tuesday, August 25, 2015 12:34 PM | Reason: Not specified
HaMaina
#1465 Posted : Tuesday, August 25, 2015 4:00:30 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Any news on the test Run and resumption of operations?
“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
Back to top
  |
technician
#1466 Posted : Tuesday, August 25, 2015 4:25:57 PM
Rank: New-farer

Joined: 8/25/2015
Posts: 15
Location: Nairobi
streetwise wrote:
For one with money that has no immeduiate use this can be a kill.
Imagine 100K shares as 2 bob. And for argument sake the price goes to 10 Bob.

To jorg your mind , remember Unga at 12 bob and now 45 bob


You have read my mind, imagine now 200K shares at 2 and price goes to 10 or 20 bob.

There is no risk on this one, after all there is bailout.
Back to top
  |
Pesa Nane
#1467 Posted : Tuesday, August 25, 2015 5:05:44 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
technician wrote:
streetwise wrote:
For one with money that has no immeduiate use this can be a kill.
Imagine 100K shares as 2 bob. And for argument sake the price goes to 10 Bob.

To jorg your mind , remember Unga at 12 bob and now 45 bob


You have read my mind, imagine now 200K shares at 2 and price goes to 10 or 20 bob.

There is no risk on this one, after all there is bailout.

That's a familiar song! Heard it just before being shafted with the Ksh. 49.50 rights issues. Yes, Ksh. 49.50 per mumias sugar ordinary stock.
Pesa Nane plans to be shilingi when he grows up.
Back to top
  |
VituVingiSana
#1468 Posted : Tuesday, August 25, 2015 5:28:46 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
streetwise wrote:
For one with money that has no immeduiate use this can be a kill.
Imagine 100K shares as 2 bob. And for argument sake the price goes to 10 Bob.

To jorg your mind , remember Unga at 12 bob and now 45 bob

Unga has consistently made a profit since 2011. It has valuable land, a brand name and even though its products are pricier (by 5-10%) many buy them because of the quality. Pays a dividend.
Compare to Mumias. The product is often missing, they have lots of debt, the brand value has been diminished and the price differential vs Lugazi is huge. It can't pay a dividend for a few years until the Revenue Reserves are positive.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#1469 Posted : Tuesday, August 25, 2015 5:30:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Njung'e wrote:
mzitoaggrey wrote:
What impact will the government's move to write off debts owed to sugar millers to the tune on 35 billion have on the sugar sector?


That will attract investors when it comes to privatizing. Overall, the various strategic investors to be picked will determine the fate of many mills. I must say that , as a country, we must avoid such bodies as ISGEC. Asian sugar industry and especially Indian, is nothing but filth and junk. let's invite the very best such as Suedzucker , Cosan , Louis Dreyfus or Wilmar amongst other.Such should impact on the efficiencies of our mills.

Omnicane of Mauritius has partnered with the KUSCOL to revive Ramisi. I wonder how they are doing.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
technician
#1470 Posted : Tuesday, August 25, 2015 6:20:28 PM
Rank: New-farer

Joined: 8/25/2015
Posts: 15
Location: Nairobi
Pesa Nane wrote:
technician wrote:
streetwise wrote:
For one with money that has no immeduiate use this can be a kill.
Imagine 100K shares as 2 bob. And for argument sake the price goes to 10 Bob.

To jorg your mind , remember Unga at 12 bob and now 45 bob


You have read my mind, imagine now 200K shares at 2 and price goes to 10 or 20 bob.

There is no risk on this one, after all there is bailout.

That's a familiar song! Heard it just before being shafted with the Ksh. 49.50 rights issues. Yes, Ksh. 49.50 per mumias sugar ordinary stock.



MSC was risky for those who bought at 49.50

They bought high and they are now selling low

Those are the investors that took a risk

There is no risk for those buying now when it is low
Back to top
  |
299 Pages«<145146147148149>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.