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134 Pages«<129130131132133>»
Mumias Sugar huge demand
HaMaina
#2601 Posted : Friday, May 31, 2019 7:36:39 PM
Rank: Member


Joined: 4/23/2014
Posts: 622
Another month down, last one of the financial year begins kesho. Still waiting and buying with anything I can spare.
“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
VituVingiSana
#2602 Posted : Friday, May 31, 2019 10:16:49 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,139
Location: Nairobi
HaMaina wrote:
Another month down, last one of the financial year begins kesho. Still waiting and buying with anything I can spare.

Buy! Buy! Buy! Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
FUNKY
#2603 Posted : Thursday, June 06, 2019 9:35:49 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,484
https://www.businessdail...6404-qr2v05z/index.html

I wonder why no one is making a take over bid!!
sparkly
#2604 Posted : Thursday, June 06, 2019 10:59:52 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,111
Location: Enk are Nyirobi
FUNKY wrote:
https://www.businessdailyafrica.com/economy/Mumias-takeover-bid-illegal-CMA-warns-Oparanya/3946234-5146404-qr2v05z/index.html

I wonder why no one is making a take over bid!!



Kakamega people should mobilize funds and buy it off. They are the people with most interest in its success.
Life is short. Live passionately.
Ericsson
#2605 Posted : Thursday, June 06, 2019 11:02:17 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,016
Location: NAIROBI
sparkly wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/economy/Mumias-takeover-bid-illegal-CMA-warns-Oparanya/3946234-5146404-qr2v05z/index.html

I wonder why no one is making a take over bid!!



Kakamega people should mobilize funds and buy it off. They are the people with most interest in its success.


Kakamega people should form a special purpose vehicle,mobilise funds and takeover Mumias
FUNKY
#2606 Posted : Thursday, June 06, 2019 7:41:09 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,484
HaMaina
#2607 Posted : Friday, June 07, 2019 4:16:55 PM
Rank: Member


Joined: 4/23/2014
Posts: 622
FUNKY wrote:
https://www.kahawatungu.com/2019/06/04/raila-kisumu-molasses-sold-jaswant-rai-ksh7-billion/?utm_source=dlvr.it&utm_medium=facebook


I thought that molasses plant was bought using the funds collected from farmers and investors in Kisumu ? How can it be sold by an individual.
“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
VituVingiSana
#2608 Posted : Friday, June 07, 2019 4:27:11 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,139
Location: Nairobi
HaMaina wrote:
[quote=FUNKY]https://www.kahawatungu.com/2019/06/04/raila-kisumu-molasses-sold-jaswant-rai-ksh7-billion/?utm_source=dlvr.it&utm_medium=facebook [/quote
I thought that molasses plant was bought using the funds collected from farmers and investors in Kisumu ? How can it be sold by an individual.
Baba knows.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Kusadikika
#2609 Posted : Friday, June 07, 2019 4:36:22 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,531
HaMaina wrote:
FUNKY wrote:
https://www.kahawatungu.com/2019/06/04/raila-kisumu-molasses-sold-jaswant-rai-ksh7-billion/?utm_source=dlvr.it&utm_medium=facebook


I thought that molasses plant was bought using the funds collected from farmers and investors in Kisumu ? How can it be sold by an individual.


Utajua hujui. Have you ever heard Baba say, "Mimi nimesema", "Mimi ninataka" etc? Get any of his recordings and you will only hear him say, "Sisi tunasema", "Sisi tanataka" etc. Baba is not singular, he is plural. Now you know.
FUNKY
#2610 Posted : Saturday, June 08, 2019 5:31:30 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,484
HaMaina
#2611 Posted : Saturday, June 08, 2019 11:19:04 PM
Rank: Member


Joined: 4/23/2014
Posts: 622
Kusadikika wrote:
HaMaina wrote:
FUNKY wrote:
https://www.kahawatungu.com/2019/06/04/raila-kisumu-molasses-sold-jaswant-rai-ksh7-billion/?utm_source=dlvr.it&utm_medium=facebook


I thought that molasses plant was bought using the funds collected from farmers and investors in Kisumu ? How can it be sold by an individual.


Utajua hujui. Have you ever heard Baba say, "Mimi nimesema", "Mimi ninataka" etc? Get any of his recordings and you will only hear him say, "Sisi tunasema", "Sisi tanataka" etc. Baba is not singular, he is plural. Now you know.


In simple words he played his people big time, and unfortunately they had the time to say thank you. Totally unfortunate.
“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
FUNKY
#2612 Posted : Monday, June 10, 2019 10:24:36 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,484
Ericsson
#2613 Posted : Monday, June 10, 2019 11:19:41 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,016
Location: NAIROBI
HaMaina wrote:
Kusadikika wrote:
HaMaina wrote:
FUNKY wrote:
https://www.kahawatungu.com/2019/06/04/raila-kisumu-molasses-sold-jaswant-rai-ksh7-billion/?utm_source=dlvr.it&utm_medium=facebook


I thought that molasses plant was bought using the funds collected from farmers and investors in Kisumu ? How can it be sold by an individual.


Utajua hujui. Have you ever heard Baba say, "Mimi nimesema", "Mimi ninataka" etc? Get any of his recordings and you will only hear him say, "Sisi tunasema", "Sisi tanataka" etc. Baba is not singular, he is plural. Now you know.


In simple words he played his people big time, and unfortunately they had the time to say thank you. Totally unfortunate.


Politics kenyan style.
Mucher
#2614 Posted : Monday, June 17, 2019 11:41:12 AM
Rank: New-farer


Joined: 1/15/2019
Posts: 33
Ericsson, I actually like very much your idea. I would be the first in line to make such investment. I dont think that there are bad companies, there is only extremely bad management without vision to lead properly a company. So, people of Kakamenga would probably do better job from current managers
FUNKY
#2615 Posted : Thursday, June 20, 2019 9:55:54 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,484
sparkly
#2616 Posted : Thursday, June 20, 2019 11:20:10 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,111
Location: Enk are Nyirobi
Ericsson wrote:
sparkly wrote:
FUNKY wrote:
https://www.businessdailyafrica.com/economy/Mumias-takeover-bid-illegal-CMA-warns-Oparanya/3946234-5146404-qr2v05z/index.html

I wonder why no one is making a take over bid!!



Kakamega people should mobilize funds and buy it off. They are the people with most interest in its success.


Kakamega people should form a special purpose vehicle,mobilise funds and takeover Mumias



A market valuation of KShs 612m. Circa KShs 300m is needed to acquire a majority. Outgrowers already hold shares so the amount for majority will be less.
Life is short. Live passionately.
HaMaina
#2617 Posted : Friday, June 21, 2019 9:12:07 AM
Rank: Member


Joined: 4/23/2014
Posts: 622
Mysteries of Mumias Sugar Factory
“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
FUNKY
#2618 Posted : Saturday, June 22, 2019 11:15:00 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,484
If government was able to revive rivatex i fail to understand what is stopping them to revive mumias sugar factory!
Ericsson
#2619 Posted : Saturday, June 22, 2019 11:22:30 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,016
Location: NAIROBI
FUNKY wrote:
If government was able to revive rivatex i fail to understand what is stopping them to revive mumias sugar factory!

No will to revive.
Its profitable for the well connected individuals in government to import sugar than mill locally
obiero
#2620 Posted : Saturday, June 22, 2019 1:01:10 PM
Rank: Elder


Joined: 6/23/2009
Posts: 11,962
Location: nairobi
Ericsson wrote:
FUNKY wrote:
If government was able to revive rivatex i fail to understand what is stopping them to revive mumias sugar factory!

No will to revive.
Its profitable for the well connected individuals in government to import sugar than mill locally

That’s why it failed in the first place
COOP 5,500; KCB 3,700; KQ 221,100
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