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Mumias Sugar huge demand
detomweri
#1 Posted : Thursday, June 14, 2012 2:17:27 PM
Rank: New-farer


Joined: 3/4/2010
Posts: 65
Location: Nairobi
There seems to be a huge demand for this counter that outstrips supply.The share has been headed north albeit slow.What could be the reason? Share your info/thoughts.
VituVingiSana
#2 Posted : Thursday, June 14, 2012 2:18:58 PM
Rank: Chief


Joined: 1/3/2007
Posts: 14,917
Location: Nairobi
BIDS 2.93M
Quantity Price Splits Time
499,900 6.10 11 14:14:43
182,200 6.05 5 14:14:43
1.61M 6.00 18 14:14:43
322,800 5.95 9 14:14:43
24,300 5.90 7 14:14:43
ASKS 629,700
Quantity Price Splits Time
900 6.15 1 14:14:43
158,600 6.20 7 14:14:43
6,900 6.25 2 14:14:43
70,000 6.30 4 14:14:43
20,000 6.40 1 14:14:43
TRADES
Quantity Price Time
8,000 6.15 14:14:42
1,200 6.10 14:14:42
700 6.15 14:07:12
300 6.15 14:07:12
5,700 6.15 13:56:42
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#3 Posted : Thursday, June 14, 2012 2:20:05 PM
Rank: Chief


Joined: 1/3/2007
Posts: 14,917
Location: Nairobi
Even if ALL were supplied at 6/- the value is negligible for the size (shares outstanding) of the firm.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
FUNKY
#4 Posted : Thursday, June 14, 2012 2:26:22 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,352
young
#5 Posted : Thursday, June 14, 2012 2:56:07 PM
Rank: Elder


Joined: 6/20/2007
Posts: 1,770
Location: Lagos, Nigeria
Mumias Counter ?

The dead shall rise again, (even if temporarily), it is a question of time.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
ProverB
#6 Posted : Friday, June 15, 2012 12:10:46 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,195
Location: Eastlander
Perhaps a case of "Pump and Dump"?? smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
PKoli
#7 Posted : Friday, June 15, 2012 12:26:06 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Any news on their Tana proposed investment? Have they found a strategic investor?
maligumu
#8 Posted : Friday, June 15, 2012 3:13:37 PM
Rank: Member


Joined: 2/22/2010
Posts: 510
Location: De egg
Sukari tamu . Will it do an Uchimi . Anyone in the house to say suuuukari !
Peace be with you
QW25091985
#9 Posted : Friday, June 15, 2012 3:27:00 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
ProverB wrote:
Perhaps a case of "Pump and Dump"?? smile



hahahha. ofcourse its pump and dump when you have none of the stock !!!
the deal
#10 Posted : Friday, June 15, 2012 3:31:17 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,393
Location: Windhoek/Nairobbery
Sukaaari is rallying...investors being offered a soft lending....where is the ethanol plant? where is the water bottling plant? white elephants?
Simplified
#11 Posted : Friday, June 15, 2012 6:42:26 PM
Rank: Member


Joined: 11/26/2009
Posts: 67
Location: Pare pare
the deal wrote:
Sukaaari is rallying...investors being offered a soft lending....where is the ethanol plant? where is the water bottling plant? white elephants?


Swala nyeti hilo. Got in @ 5.05,witnessed the last steroid run expecting to exit @ 7 bob but wapi.Eventually alighted at 5.75...now this.
Supply just vanishes.
QW this bus is pump and dump...6.70 then back to 5.50 yet no signs of their progress in their projects. Time will tell though.
Hug the bear....ride the bull.....di$mount!!!
Sure
#12 Posted : Saturday, June 16, 2012 12:33:43 PM
Rank: Member


Joined: 9/9/2010
Posts: 546
Location: Garissa
the deal wrote:
Sukaaari is rallying...investors being offered a soft lending....where is the ethanol plant? where is the water bottling plant? white elephants?


I was also keen on knowing when these complementary projects will be unveiled. Is there any reason why Mumias cannot go back to 13 bob very soon?

@Njung'e

What'z up with the sector?
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
QW25091985
#13 Posted : Saturday, June 16, 2012 1:26:21 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
We are in a BULL market. So what do you expect ?
If you sell your stock at a LOSS in this bull market you are an out righ STUPID investor. Period. And i say that with the strongest terms. Laughing out loudly Laughing out loudly
Thats why am advising folks that if you are under water in some of your stocks JUST HOLD.salvation draws near
detomweri
#14 Posted : Wednesday, August 22, 2012 11:09:40 AM
Rank: New-farer


Joined: 3/4/2010
Posts: 65
Location: Nairobi
When are these guys releasing the full year results? Any idea about what is anticipated?
Ericsson
#15 Posted : Wednesday, August 22, 2012 12:50:00 PM
Rank: Elder


Joined: 12/4/2009
Posts: 5,696
Location: NAIROBI
@detomweri Be patient Month of August is not yet over
King G
#16 Posted : Tuesday, August 28, 2012 7:37:26 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
August is ending on Friday and no results, surely what is happening? Cooking cant take that long
Thieves
mlennyma
#17 Posted : Tuesday, August 28, 2012 8:44:25 PM
Rank: Elder


Joined: 7/21/2010
Posts: 5,865
Location: nairobi
Likely this week
"Don't let the fear of losing be greater than the excitement of winning."
FUNKY
#18 Posted : Thursday, August 30, 2012 9:57:18 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,352
No profit warning announced yet...but profits can go down by 24 percent also!!!
maka
#19 Posted : Thursday, August 30, 2012 10:37:26 AM
Rank: Elder


Joined: 4/22/2010
Posts: 10,747
Location: Nairobi
will get this stock on its way down...
possunt quia posse videntur
dunkang
#20 Posted : Wednesday, September 26, 2012 11:39:59 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,747
Location: -1.2107, 36.8831
Asi, this sugar, this sugar, this sugar, this mumias sugar is heading to 8/-. This bus will not leave me, i am going to get some cum div.
Niende?
Receive with simplicity everything that happens to you.” ― Rashi

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