wazua Tue, Mar 31, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages123>»
MUMIAS!
Options
Previous Topic · Next Topic
Sober
#1 Posted : Monday, November 07, 2011 2:55:56 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
when will people who bought into the 2nd IPo ever recover their money?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
  |
Sober
#2 Posted : Monday, November 07, 2011 2:59:00 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
when will people who bought into the 2nd IPo ever recover their money?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
  |
mlennyma
#3 Posted : Monday, November 07, 2011 3:10:25 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
jerry
#4 Posted : Monday, November 07, 2011 3:18:45 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Sober wrote:
when will people who bought into the 2nd IPo ever recover their money?

I expect you to tell us more or is it on ur website?
The opposite of courage is not cowardice, it's conformity.
Back to top
  |
Hunderwear
#5 Posted : Monday, November 07, 2011 3:29:22 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
Sober wrote:
when will people who bought into the 2nd IPo ever recover their money?

>Bought it @13 and stil going strong.I wil leave it for my next generation coz I dont see it goin bak there any time soon
Back to top
  |
StatMeister
#6 Posted : Monday, November 07, 2011 4:10:37 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
mlennyma wrote:
Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train.


Wasn't it 39, and they have done a split (/3) since.
A bad day fishing is better than a good day at work
Back to top
  |
mwanahisa
#7 Posted : Monday, November 07, 2011 4:22:01 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
StatMeister wrote:
mlennyma wrote:
Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train.


Wasn't it 39, and they have done a split (/3) since.


mlennyma is right. The 2nd IPO was at 49.50. Mumias has never had a split. They did however give a 2:1 bonus which the market took to be a 3:1 split.

Still, that equates the price to approximately Kshs 15. That's why I am with mlennyma on this one. I was also in the market for some sugar today. My average price was however higher - I got a nice chunk at an average price of 5.55.
Back to top
  |
Sober
#8 Posted : Monday, November 07, 2011 4:26:57 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
the second IPO was 49 if i am not wrong. way back in December 2006. my father keeps asking me the price, and i feel sorry for him as he never sold a single share.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
  | | Edit by user: Monday, November 07, 2011 4:40 PM | Reason: Not specified
StatMeister
#9 Posted : Monday, November 07, 2011 4:47:22 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
mwanahisa wrote:
StatMeister wrote:
mlennyma wrote:
Thats why i think iam sober buying at 5.50 when some dude bought the second gvt bunch at 49.50 and we are in the same train.


Wasn't it 39, and they have done a split (/3) since.


mlennyma is right. The 2nd IPO was at 49.50. Mumias has never had a split. They did however give a 2:1 bonus which the market took to be a 3:1 split.

Still, that equates the price to approximately Kshs 15. That's why I am with mlennyma on this one. I was also in the market for some sugar today. My average price was however higher - I got a nice chunk at an average price of 5.55.


Why is sugar getting cheap? Am seeing -12.5%
A bad day fishing is better than a good day at work
Back to top
  |
StatMeister
#10 Posted : Monday, November 07, 2011 4:57:28 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
Just seen, its the book closure. The price decline beats the dividend many times - reminds me of Total et al losing 30% after closing books for a 3% dividend.

NI kubayest
A bad day fishing is better than a good day at work
Back to top
  |
5 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.