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Mumias Sugar huge demand
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HaMaina
#2951 Posted : Thursday, January 18, 2024 10:06:37 AM
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Joined: 4/23/2014
Posts: 931
State puts up five sugar millers for 20-year leases in revival plan
“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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obiero
#2952 Posted : Thursday, January 18, 2024 9:34:18 PM
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Joined: 6/23/2009
Posts: 14,211
Location: nairobi
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Ericsson
#2953 Posted : Tuesday, January 23, 2024 11:30:36 AM
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Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
HaMaina wrote:
State puts up five sugar millers for 20-year leases in revival plan

Rolling the dice


Nothing tangible will happen
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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HaMaina
#2954 Posted : Thursday, February 15, 2024 9:24:59 AM
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Joined: 4/23/2014
Posts: 931
High Court stops Gov't decision to lease four sugar companies
“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
#2955 Posted : Monday, September 23, 2024 1:57:48 PM
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Joined: 4/23/2014
Posts: 931
Sugar cane farmers lined up for hefty bonuses starting end of the year
“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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Ericsson
#2956 Posted : Saturday, September 28, 2024 6:47:39 AM
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Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
HaMaina wrote:
Sugar cane farmers lined up for hefty bonuses starting end of the year



Unbelievable and unlikely.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Realtreaty
#2957 Posted : Wednesday, October 09, 2024 8:29:16 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
When is the suspension over. This thing should be free to trade!!!
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DtheK
#2958 Posted : Thursday, October 10, 2024 12:48:20 PM
Rank: Member

Joined: 2/15/2010
Posts: 166
Location: Kenya
Pray what assets would Mumias(in receivership) control?
Don't the lease rent payments go to creditors and receiver managers?
But if Uchumi, a zombie is still trading why not.
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Ericsson
#2959 Posted : Saturday, October 12, 2024 7:09:55 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Realtreaty wrote:
When is the suspension over. This thing should be free to trade!!!


It is being used as a conduit of selling imported sugar.
The branded sugar of Mumias in supermarket shelves is imported sugar.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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HaMaina
#2960 Posted : Monday, October 14, 2024 9:02:31 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Ericsson wrote:
Realtreaty wrote:
When is the suspension over. This thing should be free to trade!!!


It is being used as a conduit of selling imported sugar.
The branded sugar of Mumias in supermarket shelves is imported sugar.


I doubt that, Mumias shall soon begin trading.
“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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