Bro the index lost 62 points...how do u expect mumias to gain? At 3 bob..dividend yield will be 17% thats enough for me to beat the in 2011

as @ hisah will tell you mumias has done a very nice bull trap . and as it continues to go down guys will start covering their losses and thus accelerate the fall.
For the sake of your portfolio remain bearish on the market until otherwise, lol .DONOT be enticed by any so called rally.Coz that rally will just trap you ..

For Sport,
Farmers got their wish...Cane prices up from 3400 to 4185.....Massive increment.That should make cane farming very lucrative.I must think that it's MSC's way of crushing the smaller sugar firms.At that price,they will never break even and they may have to close shop....or is it a bid for hostile take overs?...Some serious buy outs?....mmmmmh!

@ the deal,
Stop paining ...it's at 5.80 with no hope of bouncing back.January here we come

Mauritian firm to build
Sh16.5 bn sugar factory at Coast http://businessdailyafri...4/-/u2rsobz/-/index.html

The sale of land at Nasewa in Busia County by Mumias Sugar Company is illegal, the Ministry of Agriculture has said.

The ministry said the 841-acre piece of land in Nambale is Government property.

The State is now working with the Kenya Sugar Board (KSB) to find an investor to build a sugar factory on the disputed land.
“We do not understand how the land was sold as the ministry was kept in the dark,” said the Western Provincial Director of Agriculture, John Cheruiyot.

http://tinyurl.com/3jy8cfh