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Mumias Sugar huge demand
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HaMaina
#771 Posted : Tuesday, August 19, 2014 6:57:02 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
tajiriaggrey wrote:
Court halts winding up petition by the Dubai bank, the claim they laid is yet to be clear to MSC acting CEO Mr. Otolo says the firm is able to pay yes upon satisfaction that its a valid claim, this look like it was a fraud claim by former managers lets wait and see...meanwhile am accumulating.


The countdown comes to the final 10, lets see if we were right. I'm with you on this one.
Pray Pray Pray Pray Pray Pray Pray Pray
“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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Akenyan2014
#772 Posted : Wednesday, August 20, 2014 11:30:59 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
HaMaina wrote:
tajiriaggrey wrote:
Court halts winding up petition by the Dubai bank, the claim they laid is yet to be clear to MSC acting CEO Mr. Otolo says the firm is able to pay yes upon satisfaction that its a valid claim, this look like it was a fraud claim by former managers lets wait and see...meanwhile am accumulating.


The countdown comes to the final 10, lets see if we were right. I'm with you on this one.
Pray Pray Pray Pray Pray Pray Pray Pray


Now at 2.00
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mlennyma
#773 Posted : Wednesday, August 20, 2014 11:52:27 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
You mean musc was to be taken over,the easiest place to lose everything is the easiest place to double your investment in a flash..buy
"Don't let the fear of losing be greater than the excitement of winning."
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jawgey
#774 Posted : Wednesday, August 20, 2014 12:01:47 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
This is a like a case where bad things happen to you and you dare say 'it can't get any worse'.. Believe me when you say that, you've dared nature. Nature hates being tempted. It gets worse than you can imagine.

The flip side of the coin, 'it always gets better'.. smile
Seeing is believing
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Akenyan2014
#775 Posted : Wednesday, August 20, 2014 12:06:15 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
jawgey wrote:
This is a like a case where bad things happen to you and you dare say 'it can't get any worse'.. Believe me when you say that, you've dared nature. Nature hates being tempted. It gets worse than you can imagine.

The flip side of the coin, 'it always gets better'.. smile


At the same time Orchards today sold a handful of shares at 11.5
Am thinking of buying more @ 2.05 and throw away my trading password
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mlennyma
#776 Posted : Wednesday, August 20, 2014 12:14:41 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I have said again risky decisions pay more,buy
"Don't let the fear of losing be greater than the excitement of winning."
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jerry
#777 Posted : Wednesday, August 20, 2014 1:19:00 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Akenyan2014 wrote:
jawgey wrote:
This is a like a case where bad things happen to you and you dare say 'it can't get any worse'.. Believe me when you say that, you've dared nature. Nature hates being tempted. It gets worse than you can imagine.

The flip side of the coin, 'it always gets better'.. smile


At the same time Orchards today sold a handful of shares at 11.5
Am thinking of buying more @ 2.05 and throw away my trading password

You've decided. Act now.
The opposite of courage is not cowardice, it's conformity.
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Aguytrying
#778 Posted : Wednesday, August 20, 2014 6:36:32 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
btw. is mumias now the lowest priced stock? eveready used to be down there but now I think mumias has taken over that position.

@mlennyma. I see u can sense the opportunity of a bounce back. ride or die. home afrika was at a similar point. btw I think its getting pumped.
a mumias bounce upwards should be a nice ride.

@chartist hisah. what does the new all time low mean for price going forward
The investor's chief problem - and even his worst enemy - is likely to be himself
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sparkly
#779 Posted : Wednesday, August 20, 2014 6:44:30 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
murchr wrote:
murchr wrote:
stockshunter = #426 Posted : Wednesday, January 29, 2014 12:01:13 PM wrote:
ecstacy wrote:
Come baby come!! :) #Ksh 2/=

In stocks never say never but KSH 2 is a pipe dream which might not be realised. It would take huge losses in their half year results to get there, and if its then I will sell my household to buy the risk.


Keep watching


Cough cough!!!

I dont think GOK will let this loose rock to crumble, the question now is how low will i keep tumbling?


Investing on hope. I thought the same thing of Uchumi.

Of course I was right but had my money stuck for years. OPPORTUNITY COST
Life is short. Live passionately.
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Cde Monomotapa
#780 Posted : Wednesday, August 20, 2014 7:42:55 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
From Jan 2014: Are the following scripts still valid?

mwekez@ji wrote:
Cde Monomotapa wrote:
Aguytrying wrote:
Cde Monomotapa wrote:
Cde Monomotapa wrote:
Leo akina papa wamejulikana! Laughing out loudly Laughing out loudly *waves white flag*


Let us build some castles in the sky this Furahiday. One time Safcom was similarly out of favor, dancing around similar levels to lower. Fastforward...Smh! Amen! smile


this is the weird thing with shares. mumias at its optimum potential deserves to trade at 13.00 more than safaricom. and at a fair pe.


Dude, you can say that again...Some more tealeaves are that points of inflection can be reached, as in the case of Safcom, and now probably MSC, after the change of guard at the top. CEOs whose mandate is very clear; Shake up & growth initiatives combo.

Let's see.

Oh yes, we should also look out for the same from Kenol Kobil!!




VituVingiSana wrote:
Omnicane is starting from Ground Zero. A new factory, hybrid sugarcane, a large nucleus estate and little political baggage. If it were listed as a 'start-up' or even as a GEMS listing, I would be interested. As for Mumias... old(er) equipment, old breeds of cane and reliance on smallholders with political clout.

Cde Monomotapa wrote:
OK. What percentage of the national deficit will they satisfy? [200K T]. In between time is what we're looking at with MSC.


VituVingiSana wrote:
Without COMESA safeguards, can Mumias survive? Firms like Butali & West Kenya are more efficient than Mumias.

Cde Monomotapa wrote:
Well, the proceedings here (on playing MSC) have been very clear. Barrier 1. Cane supply - done. 2. COMESA extension 3. Improving competitiveness.

In that order.
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