MSC - Mumias Sugar Company Limited
Mumias Sugar Company Limited is a Kenya-based company engaged in the production and sale of sugar, ethanol, water and the generation and sale of electricity. The company in its leadership role in the sugar industry, diversified into power, water and ethanol production thus operating in four segments: Sugar, Energy (generates electricity from bagasse - a byproduct of sugar production - for sale to the Kenya Power and Lighting Company), Ethanol, and Water. Mumias has the capacity to produce 34MW of electricity of which 26 is exported to the national grid. It also has the capacity to produce 24 million liters of water and 22 million liters of ethanol annually. Despite its business diversification, the company still maintains its dominance in the sugar manufacturing sector.
NOTE: Shares of Mumias Sugar Company Limited (MSC) are currently suspended from trading on the Nairobi Securities Exchange since close of trading on Wednesday, October 16, 2019.
|Last Trading Results|
|Day’s Low Price|
|Day’s High Price|
|Number of Deals||0|
|Growth & Valuation|
|Earnings Per Share||-9.90|
|Dividend Per Share|
MSC Stock Market Performance
The current share price of Mumias Sugar Company Limited (MSC) is KES 0.28. MSC closed its last trading day (Tuesday, October 15, 2019) at 0.28 KES per share on the Nairobi Securities Exchange (NSE), recording a 3.7% gain over its previous closing price of 0.27 KES. Mumias Sugar began the year with a share price of 0.58 KES but has since lost 50% off that price valuation, ranking it 59th on the NSE in terms of year-to-date performance.
Mumias Sugar Company is the 11th most traded stock on the Nairobi Securities Exchange over the past three months (Jul 15 - Oct 16, 2019). MSC has traded a total volume of 10.4 million shares—in 1,189 deals—valued at KES 3.25 million over the period, with an average of 4,056 traded shares per session. A volume high of 755,900 was achieved on September 3rd for the same period. The table below details the last 10 trading days of activity of Mumias Sugar on the Nairobi Securities Exchange.
Profile of Mumias Sugar Company Limited
Mumias Sugar Company Limited operates in the Consumer Goods sector.
|Factsheet of Mumias Sugar Company Limited|
Kakamega-Bungoma Road, Kakamega Countybr, Mumias, Kenya
MSC Industrial Market Competitors
Mumias Sugar Company Limited, issuers of the MSC stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|BAT||British American Tobacco Kenya||44.6B||446.00||+23.6%|
|KAPC||Kapchorua Tea Company Limited||710M||90.75||+16.4%|
|EABL||East African Breweries Limited||137B||173.50||+12.5%|
|SMER||Sameer Africa Plc||974M||3.50||+7.69%|
|WTK||Williamson Tea Kenya Limited||2.42B||138.00||+5.95%|
|SASN||Sasini Tea and Coffee Limited||4.58B||20.10||+3.08%|
|ORCH||Kenya Orchards Limited||134M||10.40||-0.95%|
|UNGA||Unga Group Limited||2.27B||30.00||-5.66%|