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Uchumi FY15 Loss of Ksh. 3.42 Bn
Mainat
#61 Posted : Thursday, April 07, 2016 9:15:05 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Very very thick. If you are an Uchumi supplier
watesh wrote:
Meanwhile in Uchumi, things are thick

Sehemu ndio nyumba
Impunity
#62 Posted : Thursday, April 07, 2016 9:28:34 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
watesh wrote:
Meanwhile in Uchumi, things are thick


Thickest...and the popcorns have absorbd the atmosheric moisture, so eating them is like chewing cud!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

cyruskulei
#63 Posted : Thursday, April 07, 2016 9:54:26 AM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
Impunity wrote:
watesh wrote:
Meanwhile in Uchumi, things are thick


Thickest...and the popcorns have absorbd the atmosheric moisture, so eating them is like chewing cud!


Silenced Silenced Silenced Silenced Silenced Silenced
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

cyruskulei
#64 Posted : Thursday, April 07, 2016 10:13:43 AM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
cyruskulei wrote:
Impunity wrote:
watesh wrote:
Meanwhile in Uchumi, things are thick


Thickest...and the popcorns have absorbd the atmosheric moisture, so eating them is like chewing cud!


Silenced Silenced Silenced Silenced Silenced Silenced

Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

watesh
#65 Posted : Thursday, April 07, 2016 10:24:50 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Impunity wrote:
watesh wrote:
Meanwhile in Uchumi, things are thick


Thickest...and the popcorns have absorbd the atmosheric moisture, so eating them is like chewing cud!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly you have made my morning
1masha
#66 Posted : Sunday, May 01, 2016 9:45:13 PM
Rank: New-farer

Joined: 2/28/2014
Posts: 42
Shopping at Uchumi is a simple two step process:
- Shop at Uchumi
- Go to another supermarket to buy all the stuff you didn't find at Uchumi
Good judgement is often the result of experience. Experience is often the result of bad judgement - Mark Twain.
Ericsson
#67 Posted : Monday, May 02, 2016 12:08:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
The way out for this supermarket chain is maybe if ICDC decides to take majority stake in it by converting its debt and buys out the other debts and converts it to Equity leaving it with a stake of about 40-55% similar to what happened to ARM.
Otherwise recovery of Uchumi going by the cases of empty shelves will be a hard nut to crack.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#68 Posted : Tuesday, May 03, 2016 10:37:14 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
http://www.businessdaily.../1/-/906sy5/-/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#69 Posted : Tuesday, May 10, 2016 3:01:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Uchumi is dying a slow death. http://www.businessdaily...1/-/ngnn4jz/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
HaMaina
#70 Posted : Tuesday, May 10, 2016 3:15:32 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
[quote=VituVingiSana]Uchumi is dying a slow death. http://www.businessdaily.../-/ngnn4jz/-/index.html[/quote]

-The list of goods confiscated from Uchumi and are up for auction includes 4,200 tissue papers, 605 cans of Mortein Doom, 129 pieces of Imperial Leather soap, 1,238 packets of Aquafresh toothpaste, 55 units of Del Monte juice, and 176 cans of Tusker beer.

Others are 930 bundles of hair weave, three StarTimes aerials, 63 Keringet water bottles, 164 containers of Blue Band margarine, 36 Kasuku exercise books, 18 pieces of Java coffee, 240 packets of Kericho Gold tea, and 145 bottles of Elianto cooking oil.


I only see 176 items worth my time. The rest are stocks available in any well stoked kiosk.
“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
13 Pages«<56789>»
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