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SLUGGISH MUMIAS?
Rank: Elder Joined: 8/16/2011 Posts: 2,387
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Sugar like bread is very important to our economy. Mumias introduced good packaging and others followed. Mumias quoted that they have enough sugar for us as it gives 60% market holding. This means money. Enter any mall and if there is no Mumias, you fold your face. They went to maintenance to give machines a break and protect their machinery from the mud on the farms as rains pounded as well as let the sugarcane mature for next season. How then is all that good news linked to the bad perfomance at stock exchange? Lets be civil here! If you aren't civil you are corrupt and a cartel that thrive on sugar from kismayu 
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Realtreaty wrote:Sugar like bread is very important to our economy. Mumias introduced good packaging and others followed. Mumias quoted that they have enough sugar for us as it gives 60% market holding. This means money. Enter any mall and if there is no Mumias, you fold your face. They went to maintenance to give machines a break and protect their machinery from the mud on the farms as rains pounded as well as let the sugarcane mature for next season. How then is all that good news linked to the bad perfomance at stock exchange? Lets be civil here! If you aren't civil you are corrupt and a cartel that thrive on sugar from kismayu Let me first declare I am a sugar wholesaler.Your post has many things out of place.Sugarcane is not a seasonal crop but matures daily and can be harvested daily throughout the year.The factory has been closing for annual maintenance since inception but this time it is staring at a cane shortage.The cogeneration plant at times operates below capacity and in such times the company pays a penalty to KPLC and anyway it was built on loan from Proparco and the loan is still being repaid,Mumias does not have a fixed selling price of sugar and some traders get the sugar cheaply and on 90 day credit terms,Wait for Comesa safeguards to expire next year and if you are keen,you may have noticed crystal white sugar in the shops of late,well it is a matter of time.
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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mawinder wrote:Realtreaty wrote:Sugar like bread is very important to our economy. Mumias introduced good packaging and others followed. Mumias quoted that they have enough sugar for us as it gives 60% market holding. This means money. Enter any mall and if there is no Mumias, you fold your face. They went to maintenance to give machines a break and protect their machinery from the mud on the farms as rains pounded as well as let the sugarcane mature for next season. How then is all that good news linked to the bad perfomance at stock exchange? Lets be civil here! If you aren't civil you are corrupt and a cartel that thrive on sugar from kismayu Let me first declare I am a sugar wholesaler.Your post has many things out of place.Sugarcane is not a seasonal crop but matures daily and can be harvested daily throughout the year.The factory has been closing for annual maintenance since inception but this time it is staring at a cane shortage.The cogeneration plant at times operates below capacity and in such times the company pays a penalty to KPLC and anyway it was built on loan from Proparco and the loan is still being repaid,Mumias does not have a fixed selling price of sugar and some traders get the sugar cheaply and on 90 day credit terms,Wait for Comesa safeguards to expire next year and if you are keen,you may have noticed crystal white sugar in the shops of late,well it is a matter of time. The comesa safeguards have been expiring for a long time
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Realtreaty wrote:Sugar like bread is very important to our economy. Not really. If we had no more sugar, we could import it but even better, consume less of it. The same for bread. On an unrelated tangent [yet relevant] we need to cut down on the consumption of sugar & bread. Every 2nd woman in Nairobi is a momo or aspiring to be one. Every 2nd chap [including myself] has a pot belly or getting there. http://www.youtube.com/watch?v=-O2zvE2vxf8Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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Realtreaty wrote: Mumias quoted that they have enough sugar for us as it gives 60% market holding. This means money. Enter any mall and if there is no Mumias, you fold your face. They went to maintenance to give machines a break and protect their machinery from the mud on the farms as rains pounded as well as let the sugarcane mature for next season. How then is all that good news linked to the bad perfomance at stock exchange? Lets be civil here! If you aren't civil you are corrupt and a cartel that thrive on sugar from kismayu Yours is a general comment that lacks facts and therefore i won't spend time explaining but here are a few figures for you to go through and then YOU CAN GO AHEAD AND SHOW US TH MONEY!....That is all that matters Last year,MSC made 172,000 metric tonnes of sugar,this year,they will crush about 1.8M tonnes of cane and get about 148,000 tonnes of sugar,next year,the projected cane available for crushing is in the region of 1.5M tonnes at assumable yields of 60T of cane per acre Oh!!...Here i shake my head...From where will they get this yield if the current average is 49 tons of cane per acre?).......There is no need of thinking too hard! Nothing great was ever achieved without enthusiasm.
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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@Realtreaty, wazuans don't argue with the sugar guru (@Njung'e). He is most likely an insider (he's from mlimani but always writes from Ingo), just accept and move on. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Njung'e wrote:Realtreaty wrote: Mumias quoted that they have enough sugar for us as it gives 60% market holding. This means money. Enter any mall and if there is no Mumias, you fold your face. They went to maintenance to give machines a break and protect their machinery from the mud on the farms as rains pounded as well as let the sugarcane mature for next season. How then is all that good news linked to the bad perfomance at stock exchange? Lets be civil here! If you aren't civil you are corrupt and a cartel that thrive on sugar from kismayu Yours is a general comment that lacks facts and therefore i won't spend time explaining but here are a few figures for you to go through and then YOU CAN GO AHEAD AND SHOW US TH MONEY!....That is all that matters Last year,MSC made 172,000 metric tonnes of sugar,this year,they will crush about 1.8M tonnes of cane and get about 148,000 tonnes of sugar,next year,the projected cane available for crushing is in the region of 1.5M tonnes at assumable yields of 60T of cane per acre Oh!!...Here i shake my head...From where will they get this yield if the current average is 49 tons of cane per acre?).......There is no need of thinking too hard! Guka,some of these people have never been to Mumias and do not even know the cartels in Mumias.I think the yields should be less than 49 tons per acre,may be per hectare.
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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@Mawinder, 49T per hectare....interestingly,MSC's next door neighbours (Nzoia) are able to achieve yields of upto 120K tonnes per hectare from their nucleus  ....Thank you for the "collection" @Dunkang,  Wrong!I am a long distance truck driver!... . Nothing great was ever achieved without enthusiasm.
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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Njung'e wrote:@Mawinder, 49T per hectare....interestingly,MSC's next door neighbours (Nzoia) are able to achieve yields of upto 120K tonnes per hectare from their nucleus ....Thank you for the "collection" @Dunkang, Wrong!I am a long distance truck driver!... . Am a truck driver too Foresight..
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Rank: Elder Joined: 8/16/2011 Posts: 2,387
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@dunkang, i need a solution and how we can make it with Mumias, you do not need to be someone elses' sychophant.Its good to know what is happening in sugar industry. Remember Sugar will become a tradable commodity soon earliest August 2013. Will this raise Mumias more. They are also in water business, electricity and fuel and Mollasses. What the way forward?
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