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Mumias Sugar huge demand
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VituVingiSana
#1841 Posted : Tuesday, March 29, 2016 9:38:14 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
KQ, Mumias and NBK...
All are GoK controlled and money pits. They should have been let to die a natural death but GoK keeps on feeding them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Spikes
#1842 Posted : Wednesday, March 30, 2016 3:15:44 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Spikes wrote:
Spikes wrote:
streetwise wrote:
Today its red red red reeed.

Has the factory burned. And who is buying (with what information) ?.


It seems this stock has died therefore will never wake up again till 2019. Last year's KPMG report was very bold when it asserted that it will take MSC 4years to return to profitability.






http://www.nation.co.ke/.../-/6a8wxxz/-/index.html

This stock has opened floodgates to the abyss! Strong PPT will show up @ sub 1 bob.

John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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hisah
#1843 Posted : Wednesday, March 30, 2016 3:19:11 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
That 3B rights issue talk has effectively cut any bullish legs here.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Impunity
#1844 Posted : Wednesday, March 30, 2016 4:01:11 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
hisah wrote:
That 3B rights issue talk has effectively cut any bullish legs here.


At Sub_1 I will buying a million of this GEM.

Has any Kenyan listed stock traded at 1 bob?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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streetwise
#1845 Posted : Wednesday, March 30, 2016 4:51:06 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
For a share trading at Shs.1.50 and has 1.5B shares in the market how much do you value the right and how many shares do you need to release to raise the shs 3B.

I think this idea is not well thought and will come to be dropped like the green ,,, they called it green what jkia
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Impunity
#1846 Posted : Wednesday, March 30, 2016 5:53:56 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
streetwise wrote:
For a share trading at Shs.1.50 and has 1.5B shares in the market how much do you value the right and how many shares do you need to release to raise the shs 3B.

I think this idea is not well thought and will come to be dropped like the green ,,, they called it green what jkia


They should expedite the rights before erections, price deep to sub bob then we enter fully...when a good gaament is elected, then new Billionaires are born..Sugar is like Oil, it will always get a market...for a share which had an IPO at I think 49.50, getting back to 10 bob by 2018/19 would not be far fetched thought.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Spikes
#1847 Posted : Thursday, March 31, 2016 10:49:33 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
streetwise wrote:
Today its red red red reeed.

Has the factory burned. And who is buying (with what information) ?.


Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Impunity
#1848 Posted : Thursday, March 31, 2016 10:59:48 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Spikes wrote:
streetwise wrote:
Today its red red red reeed.

Has the factory burned. And who is buying (with what information) ?.


Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy!


Waiting for sub-50cents in order to buy a controlling stake in the company.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Spikes
#1849 Posted : Thursday, March 31, 2016 11:13:26 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Impunity wrote:
Spikes wrote:
streetwise wrote:
Today its red red red reeed.

Has the factory burned. And who is buying (with what information) ?.


Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy!


Waiting for sub-50cents in order to buy a controlling stake in the company.



With our youthful enthusiasm after taking up a controlling stake radical turnaround would be likely.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Spikes
#1850 Posted : Thursday, March 31, 2016 11:18:47 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Spikes wrote:
Impunity wrote:
Spikes wrote:
streetwise wrote:
Today its red red red reeed.

Has the factory burned. And who is buying (with what information) ?.


Any speculative motive was completely flattened and good news absolutely shattered by the DP's talk on the matter during his visit at MSC recently. The government obliged to protect Wanjiko is now the big shafter! What a tragedy!


Waiting for sub-50cents in order to buy a controlling stake in the company.



With our youthful enthusiasm after taking up a controlling stake radical turnaround would be likely.



As it goes downhill by gravity to sub 1kes, big boys leadership is now cornered and threatened by hostile takeover by young millionaires in town.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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