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Uchumi - A value play?
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mlennyma
#201 Posted : Tuesday, June 21, 2016 3:02:36 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Julius Kipngetich in yesterday's news said the turn around fruits of Uchumi will start being seeing in 8 weeks.
Let's give him the benefit and see

however sweet he talks capital injection has the last say
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#202 Posted : Tuesday, June 21, 2016 3:16:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
Billions from Rotich on the way
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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maka
#203 Posted : Tuesday, June 21, 2016 3:22:29 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
Billions from Rotich on the way


The guys who looted are scot free...so sad.Sad
possunt quia posse videntur
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Othelo
#204 Posted : Tuesday, June 21, 2016 3:30:28 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
VituVingiSana wrote:
sparkly wrote:
murchr wrote:
Ericsson wrote:
Share price now at 2.95.
The race to ksh.1 per share now has a new entrant.


I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans?


Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0!
Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent!

You guys are sadists Laughing out loudly Laughing out loudly Laughing out loudly
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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obiero
#205 Posted : Tuesday, June 21, 2016 3:32:52 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
Othelo wrote:
VituVingiSana wrote:
sparkly wrote:
murchr wrote:
Ericsson wrote:
Share price now at 2.95.
The race to ksh.1 per share now has a new entrant.


I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans?


Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0!
Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent!

You guys are sadists Laughing out loudly Laughing out loudly Laughing out loudly

Roho mbaya sana
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Aguytrying
#206 Posted : Tuesday, June 21, 2016 3:35:36 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Othelo wrote:
VituVingiSana wrote:
sparkly wrote:
murchr wrote:
Ericsson wrote:
Share price now at 2.95.
The race to ksh.1 per share now has a new entrant.


I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans?


Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0!
Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent!

You guys are sadists Laughing out loudly Laughing out loudly Laughing out loudly


It should be left to die. Just a waste of tax payers money rescuing it with no proper action
The investor's chief problem - and even his worst enemy - is likely to be himself
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AlphDoti
#207 Posted : Tuesday, June 21, 2016 3:39:53 PM
Rank: Elder

Joined: 6/20/2008
Posts: 6,275
Location: Kenya
How come those who mismanaged the company were never prosecuted? As long this is the trend, no public companies will ever succeed. You will just see the likes of Chr1s K1rub1 becoming billionaires and paraded as role models... ywk!

That is Africa for you!!!
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mlennyma
#208 Posted : Tuesday, June 21, 2016 3:48:12 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
AlphDoti wrote:
How come those who mismanaged the company were never prosecuted? As long this is the trend, no public companies will ever succeed. You will just see the likes of Chr1s K1rub1 becoming billionaires and paraded as role models... ywk!

That is Africa for you!!!

i personally don't see the point of a whole govt involving itself in supermarket business no matter what
"Don't let the fear of losing be greater than the excitement of winning."
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Ebenyo
#209 Posted : Tuesday, June 21, 2016 6:09:42 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,022
Location: Kitale
Uchumi is definitely headed to insolvency.Now can someone pliz enlighten me,when uchumi will be winded up,what happens to shareholders funds?
Towards the goal of financial freedom
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murchr
#210 Posted : Tuesday, June 21, 2016 6:32:00 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
How low can it go?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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