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Uchumi re-listing
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Wendz
#11 Posted : Tuesday, January 18, 2011 1:20:45 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
[quote=yekeyeke]All those entertaining that wishful thinking that the Uchumi share price will colapse upon re-listing will be shocked to the bone, when the share gets support form the fantastic numbers coming out of Uchumi.

This is a comny going places and its opering in a very immature market with acres of room for growth.

Any buyer will be lucky to get the share at 17 KES at the re-listing date.

Just watch the below video and see why iam this opimistic.

http://www.youtube.com/watch?v=flujIrV-Gik[/quote]

I doubt this.... this share will definitely hit sub 10. Main reason being, the people locked in are not entirely enlightened investors.... there are majority of the uninformed speculators who think shares just go up and up.... now, to have the company close shop.... it was the hardest blow...so they wont be looking at what they will gain after such a long wait but what they can recoup coz they had already written it off..... those are the ones who will be offloading quick hence suppressing the share price...
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VituVingiSana
#12 Posted : Tuesday, January 18, 2011 1:30:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
Dear @yekeyeke - Please buy my Uchumi at 12/-... You can keep the upside!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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yekeyeke
#13 Posted : Tuesday, January 18, 2011 1:54:33 PM
Rank: Member

Joined: 6/4/2008
Posts: 345
All. Lets wait for the re-listing and compare notes. Most will be supprised.
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shauriyako
#14 Posted : Tuesday, January 18, 2011 2:05:16 PM
Rank: New-farer

Joined: 6/17/2010
Posts: 71
Location: Kenya
I think Uchumi case can be argued either way. There are those who would be keen to sale & recoup whatever they can recoup and yet others who will want to hold and see which direction the share price takes. Having written off my entire holding in this counter I believe I will hold for at least the first week for the direction to be confirmed. After all what do I have to lose.
That said I think the reasons that have kept the company afloat this far could just be transfered to the market as optimism.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
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  | | Edit by user: Tuesday, January 18, 2011 2:07 PM | Reason: Not specified
mlennyma
#15 Posted : Tuesday, January 18, 2011 2:31:47 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its a share i cant touch until i know that most wanted strategic investor and his muscle.
"Don't let the fear of losing be greater than the excitement of winning."
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Sober
#16 Posted : Tuesday, January 18, 2011 2:46:36 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
gathinga wrote:
Sober wrote:
Thursday and we will be knowing. am placing a purchase order at 5 bob.


what do you mean? there an announcement expected Thursday?



sorry for the misleading info, there will be an announcement on Tuesday while the return to trading at the bourse expected at the end of the 1st quarter (read march)
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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yekeyeke
#17 Posted : Tuesday, January 18, 2011 4:43:14 PM
Rank: Member

Joined: 6/4/2008
Posts: 345
The below link has better info....


http://www.youtube.com/watch?v=fEeS_IhA3Sc
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K22
#18 Posted : Friday, January 21, 2011 11:13:14 AM
Rank: Member

Joined: 9/12/2008
Posts: 436
Location: illobi
Sober wrote:
Thursday and we will be knowing. am placing a purchase order at 5 bob.


Thursday came and passed..... any news?

A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
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gathinga
#19 Posted : Friday, January 21, 2011 11:31:47 AM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
K22 wrote:
Sober wrote:
Thursday and we will be knowing. am placing a purchase order at 5 bob.


Thursday came and passed..... any news?


yes. copy that
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Ms Mkenya
#20 Posted : Friday, January 21, 2011 5:17:55 PM
Rank: Veteran

Joined: 5/13/2010
Posts: 869
Location: Nairobi
Blah!!!
....above all, to stand.
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