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Mumias Sugar huge demand
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holycow
#1276 Posted : Saturday, February 28, 2015 8:40:20 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=.
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mawinder
#1277 Posted : Monday, March 02, 2015 8:22:18 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
holycow wrote:
Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=.

Even the blue label could be Mumias.The branded sugar comprises of roughly 20% of Mumias production while the rest is 50kg bags.
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littledove
#1278 Posted : Monday, March 02, 2015 9:21:05 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
ike wrote:
Since the comesa safeguard has been extended by another year, shouldn't we be seeing more traction here?


NO EXTENSION ACCORDING TO THIS ARTICLE!

http://www.businessdailyafrica.com/Millers-risk-cheap-sugar-imports/-/539546/2639516/-/i5gp7rz/-/index.html
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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derick
#1279 Posted : Monday, March 02, 2015 9:29:54 AM
Rank: Member

Joined: 1/10/2015
Posts: 411
Anxiety in House as Comesa sugar safeguards expire - http://www.standardmedia...e/?articleID=2000153345 via @StandardKenya
Your income is directly related to your philosophy, Not the economy.-Jim Rohn
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HaMaina
#1280 Posted : Monday, March 02, 2015 10:43:10 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
littledove wrote:
ike wrote:
Since the comesa safeguard has been extended by another year, shouldn't we be seeing more traction here?


NO EXTENSION ACCORDING TO THIS ARTICLE!

http://www.businessdailyafrica.com/Millers-risk-cheap-sugar-imports/-/539546/2639516/-/i5gp7rz/-/index.html


I was also wondering where the extention story came from!!!
“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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HaMaina
#1281 Posted : Monday, March 02, 2015 10:48:45 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
holycow wrote:
Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=.


If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk.
“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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HaMaina
#1282 Posted : Monday, March 02, 2015 10:50:55 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
holycow wrote:
Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=.


If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk.
“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
#1283 Posted : Monday, March 02, 2015 11:08:31 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
HaMaina wrote:
holycow wrote:
Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=.


If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk.


Hope you have a weighing scale at home. Most importantly a distinguished taster.Pray Pray
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streetwise
#1284 Posted : Monday, March 02, 2015 1:37:07 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Cost is what you pay, value is what you get
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VituVingiSana
#1285 Posted : Monday, March 02, 2015 2:26:03 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
HaMaina wrote:
holycow wrote:
Was at Nakumatt. Mumias sugar 2kg was retailing at 250/=, Nakumatt's branded sugar, 2kg was going at 200/=. Almost bought Mumias out of loyalty but the 50/= was too much for me. Opted to save the 50/=.


If cost was the issue ( which it usually is, then I can tell you that its possible to buy a kilo ( sukari pima ) at 50 bob, 2 KG's at 100 bob etc at the local kiosk.
I would avoid this sukari ya 50/kilo.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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HaMaina
#1286 Posted : Monday, March 02, 2015 4:08:29 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Comesa period might have expired but the governent is yet to lift the ban on imports.

http://www.businessdaily.../-/i5gp7rz/-/index.html

“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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Njung'e
#1287 Posted : Monday, March 02, 2015 6:01:09 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Massive
demo against board and top management slated for Thursday. This won't end well.Why can't
they resign instead of waiting to be shamed out of office?
Nothing great was ever achieved without enthusiasm.
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  | | Edit by user: Monday, March 02, 2015 6:02 PM | Reason: Not specified
HaMaina
#1288 Posted : Tuesday, March 03, 2015 8:59:45 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Njung'e wrote:
Massive
demo against board and top management slated for Thursday. This won't end well.Why can't
they resign instead of waiting to be shamed out of office?


If it happens then I hope they make a scene to be remembered.
“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
#1289 Posted : Tuesday, March 03, 2015 9:56:12 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
These guys are busy eating 45K seating allowances on a daily basis as per Kidero.

Why would you quit such a handsome Job. You wait till last minute and sue if need be.
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  | | Edit by user: Tuesday, March 03, 2015 10:01 AM | Reason: Not specified
HaMaina
#1290 Posted : Tuesday, March 03, 2015 10:01:31 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
I had not seen this video. The Gov has alot of thinking to do.

https://www.youtube.com/watch?v=pIwRp3_xDXE
“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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