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Mumias Sugar huge demand
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Cde Monomotapa wrote:VituVingiSana wrote:@urstill1 - If KUSCOL was listed and trading at an independently calculated NAV... I would buy as many as I could. I have a feeling it is going to very profitable as the other "GoK" sugar firms collapse. Special Delivery@murchr was also wondering whether the new Director of Immigration would provide solutions at the borders in regards to sugar too? We need efficiencies not protectionism. Why should we pay 2x world prices for sugar? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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VituVingiSana wrote:Cde Monomotapa wrote:VituVingiSana wrote:@urstill1 - If KUSCOL was listed and trading at an independently calculated NAV... I would buy as many as I could. I have a feeling it is going to very profitable as the other "GoK" sugar firms collapse. Special Delivery@murchr was also wondering whether the new Director of Immigration would provide solutions at the borders in regards to sugar too? We need efficiencies not protectionism. Why should we pay 2x world prices for sugar? Well, the article seeks to satisfy that GoK is exiting to allow 'able' private sector. Then you can have peace of mind. Probably buy shares too. Apologies then.
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Rank: User Joined: 9/6/2013 Posts: 1,446 Location: In a house
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Cde Monomotapa wrote:VituVingiSana wrote:Cde Monomotapa wrote:VituVingiSana wrote:@urstill1 - If KUSCOL was listed and trading at an independently calculated NAV... I would buy as many as I could. I have a feeling it is going to very profitable as the other "GoK" sugar firms collapse. Special Delivery@murchr was also wondering whether the new Director of Immigration would provide solutions at the borders in regards to sugar too? We need efficiencies not protectionism. Why should we pay 2x world prices for sugar? Well, the article seeks to satisfy that GoK is exiting to allow 'able' private sector. Then you can have peace of mind. Probably buy shares too. Apologies then. GoK extiting? Ok, possibly doing so?
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@urstill1 Doing what exactly?
The crux is that what Finance CS is saying in that article is directly linked to step number 3 of the script - Improving competitiveness in the sector.
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Rank: User Joined: 9/6/2013 Posts: 1,446 Location: In a house
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Cde Monomotapa wrote:@urstill1 Doing what exactly?
The crux is that what Finance CS is saying in that article is directly linked to step number 3 of the script - Improving competitiveness in the sector. Possibly exiting. Sorry for the ambiguity of my statement.
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Cde Monomotapa wrote:VituVingiSana wrote:Cde Monomotapa wrote:VituVingiSana wrote:@urstill1 - If KUSCOL was listed and trading at an independently calculated NAV... I would buy as many as I could. I have a feeling it is going to very profitable as the other "GoK" sugar firms collapse. Special Delivery@murchr was also wondering whether the new Director of Immigration would provide solutions at the borders in regards to sugar too? We need efficiencies not protectionism. Why should we pay 2x world prices for sugar? Well, the article seeks to satisfy that GoK is exiting to allow 'able' private sector. Then you can have peace of mind. Probably buy shares too. Apologies then. Protectionism goes all the way to subsidizing or forcing private firms to pay uncompetitive prices to inefficient farmers for cane. KUSCOL [from the website] have chosen to establish a large nucleus estate instead of (primary) reliance on out-growers. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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someone is buying MSC enmass what is up with this stock currently at 1.75
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Kihara joni wrote:someone is buying MSC enmass what is up with this stock currently at 1.75 Eveready was once at 1.6! The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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The guy knows the share will be one day at 3 bob.
He will nearly double his money.
The theory goes like, its easier to double one bob than to double 100 bob
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Any mumias lender must be calculating how much what is left is worth as at now. "Don't let the fear of losing be greater than the excitement of winning."
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