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Mumias FY 2014
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Othelo
#281 Posted : Wednesday, December 17, 2014 4:58:42 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
streetwise wrote:
Did what ???

#277
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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mawinder
#282 Posted : Wednesday, December 17, 2014 5:04:28 PM
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Joined: 4/30/2008
Posts: 6,029
Njung'e wrote:
.....and they did.That's huge.I foresee them trashing that stupid one sided ppa and abandoning power production.

Remember the project was funded by Proparco and Proparco also is part of the agreement where it receives the proceeds as part of loan repayment and it may not be easy to pull out with dire consequences!!!!!!!!!!!!!!!!!!!!
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MaichBlack
#283 Posted : Wednesday, December 17, 2014 7:41:21 PM
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Joined: 7/22/2009
Posts: 7,452
streetwise wrote:
Did what ???

Tests on self powering!

Wacha kulala kwa darasa kijana!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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murchr
#284 Posted : Wednesday, December 17, 2014 9:29:58 PM
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Joined: 2/26/2012
Posts: 15,980
mawinder wrote:
Njung'e wrote:
.....and they did.That's huge.I foresee them trashing that stupid one sided ppa and abandoning power production.

Remember the project was funded by Proparco and Proparco also is part of the agreement where it receives the proceeds as part of loan repayment and it may not be easy to pull out with dire consequences!!!!!!!!!!!!!!!!!!!!


Following
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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streetwise
#285 Posted : Thursday, December 18, 2014 9:58:13 AM
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Joined: 6/23/2011
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Location: Nairobi
Ajaaiii now awake..any techie who can tell me how they are achieving self-powering
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Njung'e
#286 Posted : Thursday, December 18, 2014 10:32:01 AM
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Joined: 2/7/2007
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Easy.......diesel alternator+boiler+steam turbine alternator is all you would need and i think that is the way they went.
Nothing great was ever achieved without enthusiasm.
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streetwise
#287 Posted : Thursday, December 18, 2014 10:36:46 AM
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Is that not more expesive than KPLC power supply
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Njung'e
#288 Posted : Thursday, December 18, 2014 11:12:49 AM
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streetwise wrote:
Is that not more expesive than KPLC power supply


Cheal.....very cheap. Kp covers heavy machinery under a draconian tariff that is determined by peak power demand unlike your diggz tariff.
Nothing great was ever achieved without enthusiasm.
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streetwise
#289 Posted : Thursday, December 18, 2014 12:11:30 PM
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Wow that is called losing a customer..if I were KPLC I would negotiate
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Njung'e
#290 Posted : Thursday, December 18, 2014 12:42:55 PM
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Word is that they resume production on Tuesday next week......WITHOUT KP. I like this kind of determination.
Nothing great was ever achieved without enthusiasm.
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Realtreaty
#291 Posted : Thursday, December 18, 2014 8:18:14 PM
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Joined: 8/16/2011
Posts: 2,268
streetwise wrote:
Ajaaiii now awake..any techie who can tell me how they are achieving self-powering


Actually they produce Power 38MW and export part of it 26MW to Kenya Power.
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Mucene
#292 Posted : Friday, December 19, 2014 9:17:02 AM
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Joined: 8/4/2012
Posts: 155
Location: Kenya
Factory to re-open after two months. What I don't get is why produce power, sell to KP and then buy again. Or where is the electricity bill coming from considering that they don't sell the whole amount produced?

http://www.businessdaily...16/-/uig0qo/-/index.html
If you don't want to go to plan B have a good plan A.
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RearView
#293 Posted : Friday, December 19, 2014 10:10:35 AM
Rank: New-farer


Joined: 3/16/2014
Posts: 12
Location: Kisumu
[quote=Mucene]Factory to re-open after two months. What I don't get is why produce power, sell to KP and then buy again. Or where is the electricity bill coming from considering that they don't sell the whole amount produced?

http://www.businessdaily...6/-/uig0qo/-/index.html[/quote]

I am confused, MSC closes for maintenance (while unable to sell their stock because of cheap imports) and sugar becomes scarce, then importation are made to fill the scarcity, yet other millers have idle stock. Who is fooling who?
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streetwise
#294 Posted : Friday, December 19, 2014 10:49:50 AM
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See these imports may be made to enrich some guys at the same time you pay for imports using US $ a scarce commodity, so you balance and that why MSC is still needed.
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S.Mutaga III
#295 Posted : Friday, December 19, 2014 11:53:46 AM
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Joined: 3/26/2012
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I still never understand why a disciplined investor would buy mumias
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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HaMaina
#296 Posted : Friday, December 19, 2014 12:00:43 PM
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Joined: 4/23/2014
Posts: 907
S.Mutaga III wrote:
I still never understand why a disciplined investor would buy mumias

Please read and think about your quote on a succesful man and am sure you shall find the answer.

“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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S.Mutaga III
#297 Posted : Friday, December 19, 2014 12:17:28 PM
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Joined: 3/26/2012
Posts: 830
HaMaina wrote:
S.Mutaga III wrote:
I still never understand why a disciplined investor would buy mumias

Please read and think about your quote on a succesful man and am sure you shall find the answer.


You are a misguided soul. The NSE gives you over 55 counters to choose from. By choosing Mumias, you are not making the best from what you have (55+ counters).
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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The optimist
#298 Posted : Friday, December 19, 2014 12:50:03 PM
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Joined: 6/14/2010
Posts: 521
Location: Nairobi
S.Mutaga III wrote:
HaMaina wrote:
S.Mutaga III wrote:
I still never understand why a disciplined investor would buy mumias

Please read and think about your quote on a succesful man and am sure you shall find the answer.


You are a misguided soul. The NSE gives you over 55 counters to choose from. By choosing Mumias, you are not making the best from what you have (55+ counters).

I concur. Mumias is now a speculators' stock.
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Akenyan2014
#299 Posted : Monday, December 22, 2014 9:54:30 AM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Mucene wrote:
Factory to re-open after two months. What I don't get is why produce power, sell to KP and then buy again. Or where is the electricity bill coming from considering that they don't sell the whole amount produced?

http://www.businessdaily...6/-/uig0qo/-/index.html[/quote]

Wiper could easily tell your your name betrays you, brother. When you get excess don't you dispose, when yours is insufficient don't you buy more?
Word has it that in the case of the tea sector, those factories mainly at Central have similar power arrangements pay their farmers a better bonus than those in the Rift Valley who buy all power from KPLC.
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streetwise
#300 Posted : Monday, December 22, 2014 3:53:43 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Now on a more postive note once the factory opens will it produce

1. Sugar 2. Water 3. Elec and 5. Ethanol , are there other products
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