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Mumias FY 2014
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HaMaina
#41 Posted : Thursday, September 11, 2014 11:45:21 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Othelo wrote:
why the over 10% drop before results are announced!


Good question everyone should ask themselves before selling.
“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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streetwise
#42 Posted : Thursday, September 11, 2014 11:58:11 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Profit warning is enough to drive the over 10% drop. I expect when the results finally come out there will be little reaction if any
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dunkang
#43 Posted : Thursday, September 11, 2014 11:59:04 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
HaMaina wrote:
Othelo wrote:
why the over 10% drop before results are announced!


Good question everyone should ask themselves before selling.

Eti munauliza nini? Pray Pray Pray
Didn't you guys hear about a "PROFIT WARNING"? (Actually, its more of a greater loss "warning")
Receive with simplicity everything that happens to you.” ― Rashi

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Sober
#44 Posted : Thursday, September 11, 2014 12:23:49 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
At sub 2.00 I bet I could buy the shares just for fun knowing the counter can't sink any further. What is the lowerst any share has ever sunk to?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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streetwise
#45 Posted : Thursday, September 11, 2014 12:44:10 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Dont know but i can't resist 1.00 Bob
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stock.enigma
#46 Posted : Thursday, September 11, 2014 1:03:02 PM
Rank: Member

Joined: 8/14/2009
Posts: 244
stock.enigma wrote:
This thing will be at Sh. 2 tomorrow and looks like it might touch Sh 1 by Dec 2014 if nothing changes.


Today at sh 2.
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Cde Monomotapa
#47 Posted : Thursday, September 11, 2014 1:08:19 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
As the stock is being sold, cane transporters are... http://t.co/Kzm1MjmaiN
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Pesa Nane
#48 Posted : Thursday, September 11, 2014 2:05:29 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Wealth erosion is monumental here. CMA should now just suspend this thing + operations should be suspended until a proper transparent audit including a verification of assets is done. I suspect a tyranny of alibabas. Sad Sad
Pesa Nane plans to be shilingi when he grows up.
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stock.enigma
#49 Posted : Thursday, September 11, 2014 3:03:50 PM
Rank: Member

Joined: 8/14/2009
Posts: 244
Pesa Nane wrote:
Wealth erosion is monumental here. CMA should now just suspend this thing + operations should be suspended until a proper transparent audit including a verification of assets is done. I suspect a tyranny of alibabas. Sad Sad


Not before I add up @sh1 before Dec 14
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jawgey
#50 Posted : Thursday, September 11, 2014 3:13:35 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Wait a minute.. There are people who are selling at 2bob?. i'd never allow myself to realize that loss, it's shameful, i'll just book it on paper and wait for recovery (if any).
Seeing is believing
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