Hot Air!!!! You will wait for not less than two years!

The future is already here!

yaa,not in the near future until they sort out their financial position first.

invest slowly on a monthly basis dont wait till ati u get millions

I think people are acting on historical financial situation of uchumi and may be the horrifying investment experience they experienced when it was closed down. I must say that uchumi has really changed and their financial situation right now is very good comparatively. Mr. Ciano has really transformed it and the customer service is no longer the same. If i was a shareholder,i wouldnt not hesitate to take up the idea. plus,it will help those holding shares to shed them off when it starts trading and those willing to invest in uchumi get the opportunity. I think if i was a shareholder,i would convince the others to take up the opportunity if it will make the resume trading,then you can offload.

Some deals are like glass. Sometimes it's better to leave them broken than try to hurt yourself putting it back together.

I gather the issue to be whether the shareholders will want their share value diluted by government converting debt to equity.

But Ciano's job is not enviable considering the turnaround is based on investor and consumer confidence,the latter of which he has achieved. I sense he is not confident the government will easily convert debt to equity because if the government did that,then it would be a done deal.

There was a plan last year to raise the amount and shares were floated at 5bob each. Anyone willing to sell at this price?

A likely impossibility is always preferable to an unconvincing posibility.

So... don't give Uchumi money just coz u have an emotional attachment... make a sensible decision!

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB