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140 Pages«<23456>»
Mumias Sugar huge demand
King G
#61 Posted : Tuesday, November 06, 2012 12:44:00 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Njung'e wrote:
3 bob.


aish yawa, scary but due to your past performance on this stock likely to be true. will be watching keenly
Thieves
Aguytrying
#62 Posted : Tuesday, November 06, 2012 1:05:06 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,023
Njung'e wrote:
3 bob.


sugar guru. Is this company likely to thrive post the comesa rules? Thats the only thing that worries me about this company
The investor's chief problem - and even his worst enemy - is likely to be himself
Metasploit
#63 Posted : Tuesday, November 06, 2012 1:20:32 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
http://wazua.co.ke/forum...sts&t=17287&p=2

Anybody going through the above thread will realise that there has been alot of misadvise on this stock!
ok,lets wait and see

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
hisah
#64 Posted : Tuesday, November 06, 2012 2:27:05 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Advice issued Feb 2012 -> We retain our BUY recommendation on Mumias. However based on our adjusted forecasts, we revise our fair value estimate to KES 8.04 (60.8% upside).

Best Regards,
Research Department | Standard Investment Bank Ltd
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#65 Posted : Tuesday, November 06, 2012 2:53:29 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Btw there is a huge seller at 6/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mucene
#66 Posted : Tuesday, November 06, 2012 6:06:35 PM
Rank: Member


Joined: 8/4/2012
Posts: 155
Location: Kenya
Metasploit wrote:
http://wazua.co.ke/forum.aspx?g=posts&t=17287&p=2

Anybody going through the above thread will realise that there has been alot of misadvise on this stock!
ok,lets wait and see


Very true, the misadvise will course some guys missing out, I see the stock at 12/= by the time they report their full year earnings smile smile
If you don't want to go to plan B have a good plan A.
Mukiri
#67 Posted : Tuesday, November 06, 2012 6:46:39 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,214
hisah wrote:
Advice issued Feb 2012 -> We retain our BUY recommendation on Mumias. However based on our adjusted forecasts, we revise our fair value estimate to KES 8.04 (60.8% upside).

Best Regards,
Research Department | Standard Investment Bank Ltd


Is there such a department, that churns out such brief straight to the point good advice? Does it have an email? And why hasn't your front office blokes ever told us?

Proverbs 19:21
youcan'tstopusnow
#68 Posted : Tuesday, November 06, 2012 7:22:51 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Mukiri wrote:
hisah wrote:
Advice issued Feb 2012 -> We retain our BUY recommendation on Mumias. However based on our adjusted forecasts, we revise our fair value estimate to KES 8.04 (60.8% upside).

Best Regards,
Research Department | Standard Investment Bank Ltd


Is there such a department, that churns out such brief straight to the point good advice? Does it have an email? And why hasn't your front office blokes ever told us?


Mukiri, hisah does not work for SIB (at least not to my knowledgesmile) He was just posting a previous recommendation from them.

Research reports are usually long. If you don't like poring over all that stuff, you can just skip past it and go straight to the 'Conclusion'. Be wary of this approach though...
GOD BLESS YOUR LIFE
youcan'tstopusnow
#69 Posted : Tuesday, November 06, 2012 7:27:09 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Mucene wrote:
Metasploit wrote:

http://wazua.co.ke/forum...sts&t=17287&p=2

Anybody going through the above thread will realise that there has been alot of misadvise on this stock!
ok,lets wait and see


Very true, the misadvise will course some guys missing out, I see the stock at 12/= by the time they report their full year earnings smile smile

12 bob? What made you come up with that figure? What do you think are Mumias' prospects? Ama ni 'mucene' gani uliskia?;-)
GOD BLESS YOUR LIFE
King G
#70 Posted : Wednesday, November 07, 2012 2:56:22 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
youcan'tstopusnow wrote:
Mucene wrote:
Metasploit wrote:

http://wazua.co.ke/forum...sts&t=17287&p=2

Anybody going through the above thread will realise that there has been alot of misadvise on this stock!
ok,lets wait and see


Very true, the misadvise will course some guys missing out, I see the stock at 12/= by the time they report their full year earnings smile smile

12 bob? What made you come up with that figure? What do you think are Mumias' prospects? Ama ni 'mucene' gani uliskia?;-)


Mumias will get a serious beating in q1 of next year - their q3. wacha tu. with tha rains, battles for cane in western region and politics.
Thieves
sparkly
#71 Posted : Wednesday, November 07, 2012 3:34:12 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,418
Location: Enk are Nyirobi
Aguytrying wrote:
Njung'e wrote:
3 bob.


sugar guru. Is this company likely to thrive post the comesa rules? Thats the only thing that worries me about this company


Are people likely to drink sugar after the Comesa rules. Perhaps we should ponder this.
Life is short. Live passionately.
wilyum
#72 Posted : Thursday, November 08, 2012 7:44:56 AM
Rank: Veteran


Joined: 12/21/2011
Posts: 1,010
and now this


rinked
Aguytrying
#73 Posted : Thursday, November 08, 2012 10:39:22 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,023
sparkly wrote:
Aguytrying wrote:
Njung'e wrote:
3 bob.


sugar guru. Is this company likely to thrive post the comesa rules? Thats the only thing that worries me about this company


Are people likely to drink sugar after the Comesa rules. Perhaps we should ponder this.


they will drink. but sugar from where? the comesa sugar is much cheaper so who will voluntarily buy expensive sugar ? the the tarda project is vision 2030 at the current pace. id buy at these levels if the competition of the future was clearer
The investor's chief problem - and even his worst enemy - is likely to be himself
selah
#74 Posted : Friday, November 09, 2012 12:27:24 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
This company is an interesting one.it has potential to make money but I think it is not concentrating on the areas that really contribute to the bottomline.

Take for instance its receivables,why wuld the company entertain 3 months credit...this makes the company tie most of its money on receivables...their debt collection is quite inefficient.

Another area of concern is its supply chain,yesterday and many days I have observed the MSC sugar is no where to be found in most retail outlets...why wuld this be an issue for a company that has been in business for decades.

The demand is there for the product but you will find that supplying this market and collecting the money is an issue.Unless this company gets its house in order they are going to get a beating from local firms and imports.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
FUNKY
#75 Posted : Friday, November 09, 2012 3:09:28 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,560
3 Months credit?? i thought sugar is purely a cash business!
Njung'e
#76 Posted : Saturday, November 10, 2012 1:31:37 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
I anticipate profit warning for half year ending Dec 2012.....i am certain.
Nothing great was ever achieved without enthusiasm.
guru267
#77 Posted : Saturday, November 10, 2012 2:24:23 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,673
Location: Nairobi
Njung'e wrote:
I anticipate profit warning for half year ending Dec 2012.....i am certain.


I know ill be killed by some people but here we SERIOUSLY DISAGREE!

Half year ending 2012 will see healthy profit growth!
Mark 12:29
Deuteronomy 4:16
hisah
#78 Posted : Saturday, November 10, 2012 7:47:33 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
Njung'e wrote:
I anticipate profit warning for half year ending Dec 2012.....i am certain.


I know ill be killed by some people but here we SERIOUSLY DISAGREE!

Half year ending 2012 will see healthy profit growth!

The sugar guru says profit warning, the other guru says profit for H1 2012...
I take sides with the sugar guru, based on share price behaviour even with a fat dividend yield, lukewarm excitement, share to tank or remain below 6.50/- by full year.

@youcant - pls keep the tabs on this one in your memory bank smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
dunkang
#79 Posted : Saturday, November 10, 2012 8:56:05 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,809
Location: -1.2107, 36.8831
I tend to lean to the sugar guru's side on this one time keeping in mind that in the previous FY result the PBT was actually a loss only to be bailed out by tax refunds.
Receive with simplicity everything that happens to you.” ― Rashi

the deal
#80 Posted : Saturday, November 10, 2012 11:15:00 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,509
Location: Windhoek/Nairobbery
Its still undervalued even if they issue a Profit warning possible due to low global sugar prices & some operational constraints in FY 2013, just look at the PE, NAV & DY, its cheap @ the current price. One of my long term projects, i will be buying at every price dip...ethanol, water bottling...power generation...TARDA...hard to ignore!
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