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Uchumi FY17
muganda
#61 Posted : Monday, December 18, 2017 12:58:49 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,832
Dancing 'Talkin' in my sleep at night
Makin' myself crazy
(Out of my mind, out of my mind)
Wrote it down and read it out
Hopin' it would save me
(Too many times, too many times)

I've got new rules, I count 'em
I've got new rules, I count 'em
I've gotta tell them to myself..Dancing


Angelica _ann
#62 Posted : Monday, December 18, 2017 1:01:05 PM
Rank: Elder


Joined: 12/7/2012
Posts: 8,635
muganda wrote:



Supermarket ....hot dogs, ok. smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Wororo
#63 Posted : Wednesday, December 20, 2017 10:08:10 AM
Rank: Member


Joined: 1/30/2011
Posts: 123
As Wazuans (and Kenyans at large) attempt wrapping their minds around Uchumi recovery, Nakumatt financial debacle, South Africans have their own retailer Steinhoff to understand the voodoo accounting that recently surfaced...

Steinhoff shares sink as lenders withdraw support...

It took 5 decades to build Steinhoff - but cratered in two days...

Why South Africa's Steinhoff could be the next Enron...

Steinhoff fights 3 litigations across three countries...
Ericsson
#64 Posted : Friday, January 05, 2018 11:43:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
https://www.businessdail...1784-pbxicnz/index.html

A New York-based private equity fund’s bid for a Sh3.5 billion stake in Uchumi Supermarkets has collapsed, putting an Asian investor in pole position to buy into the struggling retail chain.
littledove
#65 Posted : Friday, January 05, 2018 4:29:29 PM
Rank: Member


Joined: 7/1/2014
Posts: 583
Location: sky
Ericsson wrote:
https://www.businessdailyafrica.com/corporate/companies/US-firm-Sh3-5bn-bid-for-Uchumi-stake-flops-/4003102-4251784-pbxicnz/index.html

A New York-based private equity fund’s bid for a Sh3.5 billion stake in Uchumi Supermarkets has collapsed, putting an Asian investor in pole position to buy into the struggling retail chain.

This means they will miss the opportunity of a life time to bridge the gap left by nakumatt, another negotiation will take time, this unfortunate
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Ericsson
#66 Posted : Friday, January 12, 2018 5:12:53 PM
Rank: Elder


Joined: 12/4/2009
Posts: 4,829
Location: NAIROBI
Carrefour to open 5th Outlet in Kenya at Sarit Center Mall.
Uchumi being kicked out???

"In December, we had a chat with the Franck Moreau, country manager for Majid Al Futtaim Hypermarkets Ltd- Carrefour Stores. He said that since entering the local market, they haven’t broken even but the business was doing extremely well compared to other markets where they operate. He further noted that their local expansion plans is financed through a mixture of debt from a multinational lender with local operations, support from the mother company and a bit of cash from the local operations."

http://kenyanwallstreet....tlet-kenya-sarit-centre

https://www.businessdail...260610-pqww6a/index.html
obiero
#67 Posted : Friday, March 30, 2018 3:38:24 PM
Rank: Elder


Joined: 6/23/2009
Posts: 9,207
Location: nairobi
obiero wrote:
Ericsson wrote:
whiteowl wrote:
VituVingiSana wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
Ericsson wrote:
maka wrote:
Ericsson wrote:
Anyone done a visit to truly confirm the branches have been restocked fully


Il check at Capital Centre shortly...


wapi report

Wewe si uende Uchumi uwache kujaza internet na udaku. This was a money siphoning gimmick


The so called restocking is a farce. I was there today and i can tell you that it's 20% restocked but 80% of the stock is mineral water and juices.

Did you have to visit the store to know that it's a gimmick.. Learn to listen to the people who's pulse is on the trigger. Kipngetich exits and immediately thereafter GoK announces release of funds for restocking.. Kenyans ain't dumb


I had to visit because I have nothing useful to do with my time.

Tomorrow I be visiting KQ to confirm that engineers are on strike.
Laughing out loudly Laughing out loudly Laughing out loudly Applause Applause Applause

Laughing out loudlyLaughing out loudlyLaughing out loudlyLaughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Ten nil

Laughing out loudly Laughing out loudly Laughing out loudly
Drugs

The wazuan who had nothing to do and wasted time on a baseless fact finding mission needs to read this.. https://www.businessdail...64506-oh28uiz/index.html
DISCLAIMER: @obiero, MBA-MIS, CISA. Opinionated, owner of www.winda.co.ke. Aims to be factual and logical..
sparkly
#68 Posted : Saturday, March 31, 2018 5:02:25 PM
Rank: Elder


Joined: 9/23/2009
Posts: 5,961
Location: Enk are Nyirobi
obiero wrote:
obiero wrote:
Ericsson wrote:
whiteowl wrote:
VituVingiSana wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
Ericsson wrote:
maka wrote:
[quote=Ericsson]Anyone done a visit to truly confirm the branches have been restocked fully


Il check at Capital Centre shortly...


wapi report

Wewe si uende Uchumi uwache kujaza internet na udaku. This was a money siphoning gimmick


The so called restocking is a farce. I was there today and i can tell you that it's 20% restocked but 80% of the stock is mineral water and juices.

Did you have to visit the store to know that it's a gimmick.. Learn to listen to the people who's pulse is on the trigger. Kipngetich exits and immediately thereafter GoK announces release of funds for restocking.. Kenyans ain't dumb


I had to visit because I have nothing useful to do with my time.

Tomorrow I be visiting KQ to confirm that engineers are on strike.
Laughing out loudly Laughing out loudly Laughing out loudly Applause Applause Applause

Laughing out loudlyLaughing out loudlyLaughing out loudlyLaughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Ten nil

Laughing out loudly Laughing out loudly Laughing out loudly
Drugs

The wazuan who had nothing to do and wasted time on a baseless fact finding mission needs to read this.. https://www.businessdail...4506-oh28uiz/index.html[/quote]

Uchumi is old news. I am now in Dubai, checking on Miguna Miguna's welfare.
Life is short. Live passionately.
obiero
#69 Posted : Saturday, March 31, 2018 5:25:19 PM
Rank: Elder


Joined: 6/23/2009
Posts: 9,207
Location: nairobi
sparkly wrote:
obiero wrote:
obiero wrote:
Ericsson wrote:
whiteowl wrote:
VituVingiSana wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
Ericsson wrote:
maka wrote:
Ericsson wrote:
Anyone done a visit to truly confirm the branches have been restocked fully


Il check at Capital Centre shortly...


wapi report

Wewe si uende Uchumi uwache kujaza internet na udaku. This was a money siphoning gimmick


The so called restocking is a farce. I was there today and i can tell you that it's 20% restocked but 80% of the stock is mineral water and juices.

Did you have to visit the store to know that it's a gimmick.. Learn to listen to the people who's pulse is on the trigger. Kipngetich exits and immediately thereafter GoK announces release of funds for restocking.. Kenyans ain't dumb


I had to visit because I have nothing useful to do with my time.

Tomorrow I be visiting KQ to confirm that engineers are on strike.
Laughing out loudly Laughing out loudly Laughing out loudly Applause Applause Applause

Laughing out loudlyLaughing out loudlyLaughing out loudlyLaughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Ten nil

Laughing out loudly Laughing out loudly Laughing out loudly
Drugs

The wazuan who had nothing to do and wasted time on a baseless fact finding mission needs to read this.. https://www.businessdail...4506-oh28uiz/index.html

Uchumi is old news. I am now in Dubai, checking on Miguna Miguna's welfare.

Hehe. What happened to Miguna squared is sad.. Do keep us posted
DISCLAIMER: @obiero, MBA-MIS, CISA. Opinionated, owner of www.winda.co.ke. Aims to be factual and logical..
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