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Mumias FY 2014
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Mwaura k
#361 Posted : Tuesday, March 10, 2015 5:37:09 PM
Rank: Hello


Joined: 3/9/2015
Posts: 6
Location: Nairobi
Mumias top management suspended, 5B to be release anytime now plus all the prospects of the last half as earlier highlighted. No doubt the company is set to turn around...

Stocks prediction...a 10% rise to continue.

ITS A BUY BUY BUY! starting tomorrow the 12th March, 2015.
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mlennyma
#362 Posted : Tuesday, March 10, 2015 5:50:07 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,177
Location: nairobi
Mwaura k wrote:
Mumias top management suspended, 5B to be release anytime now plus all the prospects of the last half as earlier highlighted. No doubt the company is set to turn around...

Stocks prediction...a 10% rise to continue.

ITS A BUY BUY BUY! starting tomorrow the 12th March, 2015.

court battles on your marks,set,goooooPray
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#363 Posted : Tuesday, March 10, 2015 7:48:48 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,646
Location: NAIROBI
According to the KPMG report Mumias sugar will return into profitability earliest in 2019.
The rot at Mumias is too big
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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derick
#364 Posted : Tuesday, March 10, 2015 9:42:18 PM
Rank: Member


Joined: 1/10/2015
Posts: 411
Mwaura k wrote:
Mumias top management suspended, 5B to be release anytime now plus all the prospects of the last half as earlier highlighted. No doubt the company is set to turn around...

Stocks prediction...a 10% rise to continue.

ITS A BUY BUY BUY! starting tomorrow the 12th March, 2015.


Not until you read this!

http://www.nation.co.ke/...6/-/6a8wxxz/-/index.html
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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VituVingiSana
#365 Posted : Wednesday, March 11, 2015 1:26:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,063
Location: Nairobi
Mumias was supposed to supply an increasing amount of electricity but has failed to deliver... Now Olkaria will be connected to Kisumu. What a huge loss for Mumias.

http://www.businessdaily...4/-/5j8lrcz/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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koxwex
#366 Posted : Wednesday, March 11, 2015 9:50:14 AM
Rank: New-farer


Joined: 9/12/2014
Posts: 22
Location: Nairobi
as uchumi share holders are the ones to save this company through rights issue which is awaiting to be passed at a special AGM and approval of CMA.now how much will this cost if it happens to go through????? just wondering. ama the uchumi way you inject 10k or loose your share.
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Mariacha
#367 Posted : Wednesday, March 11, 2015 11:04:21 AM
Rank: Member


Joined: 5/4/2011
Posts: 115
derick wrote:
[quote=Mwaura k]Mumias top management suspended, 5B to be release anytime now plus all the prospects of the last half as earlier highlighted. No doubt the company is set to turn around...

Stocks prediction...a 10% rise to continue.

ITS A BUY BUY BUY! starting tomorrow the 12th March, 2015.


Not until you read this!

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

This is where the real investors will be separated from joy riders and the share might just stabilize in the next year or so.
the warmer the blankets, the colder the future
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The254Consultant
#368 Posted : Wednesday, March 11, 2015 12:36:50 PM
Rank: Hello


Joined: 1/30/2015
Posts: 5
Location: Kenya
Laughing out loudly best news I've seen today.The speculators will scatter and leave the share to the men!!!
Mariacha wrote:
derick wrote:
[quote=Mwaura k]Mumias top management suspended, 5B to be release anytime now plus all the prospects of the last half as earlier highlighted. No doubt the company is set to turn around...

Stocks prediction...a 10% rise to continue.

ITS A BUY BUY BUY! starting tomorrow the 12th March, 2015.


Not until you read this!

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

This is where the real investors will be separated from joy riders and the share might just stabilize in the next year or so.

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Realtreaty
#369 Posted : Sunday, March 15, 2015 8:23:15 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,261
Kenya seeks two-year extension of sugar trade rules
smile Good News and hope the govt and the mumias management will take a cue in making sure Mumias is a strong brand and corruption free
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Vtumaini
#370 Posted : Wednesday, March 18, 2015 1:41:04 PM
Rank: Hello


Joined: 3/18/2015
Posts: 1
So the 5BN Government Bail Out is
1BN cash from the government &
4BN Rights issue.

Think I got this right?
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mlennyma
#371 Posted : Wednesday, March 18, 2015 1:47:32 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,177
Location: nairobi
Vtumaini wrote:
So the 5BN Government Bail Out is
1BN cash from the government &
4BN Rights issue.

Think I got this right?

i said the gvt is banking on your money to bring back mumias,1 billion for mumias current status is a drop in the ocean,if rights fail lets wait and see whats next but mumias will pay debts for many years should it wakeup before the shareholder can get any return.
"Don't let the fear of losing be greater than the excitement of winning."
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Pesa Nane
#372 Posted : Wednesday, March 18, 2015 3:56:25 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Vtumaini wrote:
So the 5BN Government Bail Out is
1BN cash from the government &
4BN Rights issue.

Think I got this right?


Unfortunately, you are wrong. It's 5Bn funding from the wananchi ie
1Bn Wanjiku Cash (via tax-money)
4Bn Wanjiku Cash (via rights issue)
Sad Sad
Pesa Nane plans to be shilingi when he grows up.
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FUNKY
#373 Posted : Wednesday, March 18, 2015 4:10:54 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Pesa Nane wrote:
Vtumaini wrote:
So the 5BN Government Bail Out is
1BN cash from the government &
4BN Rights issue.

Think I got this right?


Unfortunately, you are wrong. It's 5Bn funding from the wananchi ie
1Bn Wanjiku Cash (via tax-money)
4Bn Wanjiku Cash (via rights issue)
Sad Sad


Pray Pray Pray
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streetwise
#374 Posted : Wednesday, March 18, 2015 4:23:27 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Just for clarity all the money in Kenya in Wanjiku whichever way you look at it
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jerry
#375 Posted : Wednesday, March 18, 2015 4:55:24 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
FUNKY wrote:
Pesa Nane wrote:
Vtumaini wrote:
So the 5BN Government Bail Out is
1BN cash from the government &
4BN Rights issue.

Think I got this right?


Unfortunately, you are wrong. It's 5Bn funding from the wananchi ie
1Bn Wanjiku Cash (via tax-money)
4Bn Wanjiku Cash (via rights issue)
Sad Sad


Pray Pray Pray

Let us first define Wanjiku!
The opposite of courage is not cowardice, it's conformity.
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derick
#376 Posted : Wednesday, March 18, 2015 10:22:54 PM
Rank: Member


Joined: 1/10/2015
Posts: 411
Mumias board calls shareholders for a EGM an meeting on 10th April.The meeting will take place in Kisumu with the main agenda being the change of the company share capital structure which will be through a rights issue.
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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Mwaura k
#377 Posted : Thursday, April 02, 2015 5:44:31 PM
Rank: Hello


Joined: 3/9/2015
Posts: 6
Location: Nairobi
KENGEN..... counter to watch starting tuesday 7th april when market resumes.

Prediction 16.80.

Watch this space!!!!!
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streetwise
#378 Posted : Thursday, April 02, 2015 6:07:04 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
And MSC target 8.00
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Boris Boyka
#379 Posted : Thursday, April 02, 2015 6:11:59 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Mwaura k wrote:
KENGEN..... counter to watch starting tuesday 7th april when market resumes.

Prediction 16.80.

Watch this space!!!!!

Yeeesssss! predict and win in the shares bonanza. Kwani hii ni Spot whatever!d'oh!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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The optimist
#380 Posted : Thursday, April 02, 2015 6:20:35 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
Boris Boyka wrote:
Mwaura k wrote:
KENGEN..... counter to watch starting tuesday 7th april when market resumes.

Prediction 16.80.

Watch this space!!!!!

Yeeesssss! predict and win in the shares bonanza. Kwani hii ni Spot whatever!d'oh!

smile
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