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Mumias Sugar huge demand
HaMaina
#921 Posted : Friday, January 16, 2015 9:10:25 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
derick wrote:
Kihara joni wrote:
Alight at 4.60/- or 5.0/- on the higher side, very unlikely that it will get past this, check the tread paka, Eaggads had similar rallies only to slide as fast.


I dont see it going up past 3.60.its more likely suppliers will start showing up today.the reason being that ,@ 3.30 most investors who bought @ between1.35 and 1.75 will have doubled there money.


In that case I don't think you should call them investors but gamblers.
“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
mlennyma
#922 Posted : Friday, January 16, 2015 9:12:41 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The easiest shortcut to riches is equities
"Don't let the fear of losing be greater than the excitement of winning."
MaichBlack
#923 Posted : Friday, January 16, 2015 9:52:17 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
derick wrote:
mlennyma wrote:
I saw over 7m demand at 2.35 without supply and this has a potential of pushing msc another 20% up calculate,on the dark side I didn't buy so iam not happy when observing the trend.

Sold my lot 1.95 last week. Whata wasteSad

You've 'lost' 64% gains in a week or so. Ouch! Pole.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#924 Posted : Friday, January 16, 2015 9:59:38 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
MaichBlack wrote:
streetwise wrote:
These stories are becoming too good to be true for MSC.

Funding - Govt may be with a 2% interest loan or a write off

Cutting power for competitor - Beneficiary MSC who found an alternative earlier.


BUT the BIG question why buy a share whose price is going up on a daily basis by 10% ??????????????????????????/

So that you can be a beneficiary of the next 10 percents....

Or you prefer to buy the ones going down by 10% daily???

@Streetwise - I hope you now fully understand. The day you asked this question, the highest possible price was 2.20/=. Today 3.20/=. Do the math. 45% gains in exactlly one week and counting...
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
mlennyma
#925 Posted : Friday, January 16, 2015 10:12:45 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
MaichBlack wrote:
derick wrote:
mlennyma wrote:
I saw over 7m demand at 2.35 without supply and this has a potential of pushing msc another 20% up calculate,on the dark side I didn't buy so iam not happy when observing the trend.

Sold my lot 1.95 last week. Whata wasteSad

You've 'lost' 64% gains in a week or so. Ouch! Pole.

I hope those who sold at 1.35 have strong hearts not to commit suicide
"Don't let the fear of losing be greater than the excitement of winning."
Kihara joni
#926 Posted : Friday, January 16, 2015 10:39:30 AM
Rank: Member

Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
streetwise wrote:
so where did you get the 4.6 or 5.00 figures from

By looking at the lowest and the highest price in the last 52 weeks, I use those figures to make some buy sell decisions and I have not lost anything so far
Kihara joni
#927 Posted : Friday, January 16, 2015 10:42:46 AM
Rank: Member

Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
This thing is like those epic movies where the enemy is approaching and the commander is just shouting steady steady stayed while the soldiers feel like pulling trigger already for now I will stay at steady before firing the sell button.
Uhondo
#928 Posted : Friday, January 16, 2015 11:06:11 AM
Rank: New-farer

Joined: 8/26/2014
Posts: 63
I boarded this bus at 2.00 and I'm glad I've made some miniscule profit (about 1.20 per share at the current rate). However, at the back of my mind I'm thinking: How much longer can this be sustained really?
streetwise
#929 Posted : Friday, January 16, 2015 11:22:12 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
So there are two ways buy when the price is crashing down the hill or when you know/thing the the terminus is still very far
YoungMulla
#930 Posted : Friday, January 16, 2015 11:27:56 AM
Rank: Member

Joined: 3/14/2012
Posts: 577
Location: Nairobi Kenya
Laughing out loudly
Kihara joni wrote:
This thing is like those epic movies where the enemy is approaching and the commander is just shouting steady steady stayed while the soldiers feel like pulling trigger already for now I will stay at steady before firing the sell button.

Before I die - i will touch the sky!!
299 Pages«<9192939495>»
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