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Uchumi HY 2018, the disaster
Pesa Nane
#51 Posted : Thursday, October 04, 2018 11:23:39 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
VituVingiSana wrote:


The monkey will definitely die
Pesa Nane plans to be shilingi when he grows up.
mlennyma
#52 Posted : Friday, October 05, 2018 11:54:53 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better
"Don't let the fear of losing be greater than the excitement of winning."
KaunganaDoDo
#53 Posted : Friday, October 05, 2018 12:13:54 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
mlennyma wrote:
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better


The government and its 14% shareholding is keeping it up... plus in the last two years the government has given it 1.2 Billion in shareholder loans...This thing will not go down anytime soon...The Treasury doesn't write down or make provision for its commercial investment...if it was to go down with the shareholders loans...it would make Noise in government quarters....This thing will be babysat until its on the legs...Take this to the bank
Pesa Nane
#54 Posted : Friday, October 05, 2018 12:31:52 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
KaunganaDoDo wrote:
mlennyma wrote:
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better


The government and its 14% shareholding is keeping it up... plus in the last two years the government has given it 1.2 Billion in shareholder loans...This thing will not go down anytime soon...The Treasury doesn't write down or make provision for its commercial investment...if it was to go down with the shareholders loans...it would make Noise in government quarters....This thing will be babysat until its on the legs...Take this to the bank

Everything you say is true until you mention that it will not die. It will die. And they may just get more tax-payers money but it will still die. Why? They are accruing debt in guise of keeping the doors open. The money they may get will be to pay down debt (Rent, connected suppliers, thieves, salaries, genuine wanjiku suppliers in that order.)
In this tournament there is no longer extra-time, it's sudden death!
Pesa Nane plans to be shilingi when he grows up.
KaunganaDoDo
#55 Posted : Friday, October 05, 2018 12:42:47 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
Pesa Nane wrote:
KaunganaDoDo wrote:
mlennyma wrote:
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better


The government and its 14% shareholding is keeping it up... plus in the last two years the government has given it 1.2 Billion in shareholder loans...This thing will not go down anytime soon...The Treasury doesn't write down or make provision for its commercial investment...if it was to go down with the shareholders loans...it would make Noise in government quarters....This thing will be babysat until its on the legs...Take this to the bank

Everything you say is true until you mention that it will not die. It will die. And they may just get more tax-payers money but it will still die. Why? They are accruing debt in guise of keeping the doors open. The money they may get will be to pay down debt (Rent, connected suppliers, thieves, salaries, genuine wanjiku suppliers in that order.)
In this tournament there is no longer extra-time, it's sudden death!


Hahaha...It has limped like a Billie Holiday on her death bed...Many times The Mortician has been called only to find the Patient Moving his eyelids... Meanwhile the fatter patients in the same Ward have gone to the Morgue... earlier
kayhara
#56 Posted : Friday, October 05, 2018 12:54:00 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
KaunganaDoDo wrote:
Pesa Nane wrote:
KaunganaDoDo wrote:
mlennyma wrote:
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better


The government and its 14% shareholding is keeping it up... plus in the last two years the government has given it 1.2 Billion in shareholder loans...This thing will not go down anytime soon...The Treasury doesn't write down or make provision for its commercial investment...if it was to go down with the shareholders loans...it would make Noise in government quarters....This thing will be babysat until its on the legs...Take this to the bank

Everything you say is true until you mention that it will not die. It will die. And they may just get more tax-payers money but it will still die. Why? They are accruing debt in guise of keeping the doors open. The money they may get will be to pay down debt (Rent, connected suppliers, thieves, salaries, genuine wanjiku suppliers in that order.)
In this tournament there is no longer extra-time, it's sudden death!


Hahaha...It has limped like a Billie Holiday on her death bed...Many times The Mortician has been called only to find the Patient Moving his eyelids... Meanwhile the fatter patients in the same Ward have gone to the Morgue... earlier

Please stop talking about uchumi death, I hold about 68k pieces but I can't sell at the moment due to the serious loss on the account, I will hold hoping for positive news on 17th, my other monkeys have stopped bleeding ie mumias and homeafrika, hii ni pressure.
To Each His Own
Pesa Nane
#57 Posted : Friday, October 05, 2018 1:23:24 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
kayhara wrote:
KaunganaDoDo wrote:
Pesa Nane wrote:
KaunganaDoDo wrote:
mlennyma wrote:
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better


The government and its 14% shareholding is keeping it up... plus in the last two years the government has given it 1.2 Billion in shareholder loans...This thing will not go down anytime soon...The Treasury doesn't write down or make provision for its commercial investment...if it was to go down with the shareholders loans...it would make Noise in government quarters....This thing will be babysat until its on the legs...Take this to the bank

Everything you say is true until you mention that it will not die. It will die. And they may just get more tax-payers money but it will still die. Why? They are accruing debt in guise of keeping the doors open. The money they may get will be to pay down debt (Rent, connected suppliers, thieves, salaries, genuine wanjiku suppliers in that order.)
In this tournament there is no longer extra-time, it's sudden death!


Hahaha...It has limped like a Billie Holiday on her death bed...Many times The Mortician has been called only to find the Patient Moving his eyelids... Meanwhile the fatter patients in the same Ward have gone to the Morgue... earlier

Please stop talking about uchumi death, I hold about 68k pieces but I can't sell at the moment due to the serious loss on the account, I will hold hoping for positive news on 17th, my other monkeys have stopped bleeding ie mumias and homeafrika, hii ni pressure.

To be warned is to be forearmed!
Take heart, I also hold a monkey (HF) and a near dead ARM (not significant, speculative)
Pesa Nane plans to be shilingi when he grows up.
kayhara
#58 Posted : Tuesday, October 09, 2018 10:02:20 AM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
KaunganaDoDo wrote:
Pesa Nane wrote:


Passed by Uchumi Buruburu few days ago and it's doors were open but only dust on the shelves and idle staff. Easy coach desk that squats within the branch still operating. I keep wondering why continue to pay rent and salaries while selling nothing d'oh! d'oh!


They are finalizing their deal with strategic investors....Still working on Conditions Precedent to satisfy the investor. They requiree aditional money almost 300M-500M(Which they expect to get from their langata 3.7 acre sale).....

Risking it all trid buying some just now only for i-trader to give me a fantasy error that the price must be between 10.40-12.71, I think it might get suspended, but what the heck.
To Each His Own
muandiwambeu
#59 Posted : Tuesday, October 09, 2018 2:43:00 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
kayhara wrote:
KaunganaDoDo wrote:
Pesa Nane wrote:
KaunganaDoDo wrote:
mlennyma wrote:
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better


The government and its 14% shareholding is keeping it up... plus in the last two years the government has given it 1.2 Billion in shareholder loans...This thing will not go down anytime soon...The Treasury doesn't write down or make provision for its commercial investment...if it was to go down with the shareholders loans...it would make Noise in government quarters....This thing will be babysat until its on the legs...Take this to the bank

Everything you say is true until you mention that it will not die. It will die. And they may just get more tax-payers money but it will still die. Why? They are accruing debt in guise of keeping the doors open. The money they may get will be to pay down debt (Rent, connected suppliers, thieves, salaries, genuine wanjiku suppliers in that order.)
In this tournament there is no longer extra-time, it's sudden death!


Hahaha...It has limped like a Billie Holiday on her death bed...Many times The Mortician has been called only to find the Patient Moving his eyelids... Meanwhile the fatter patients in the same Ward have gone to the Morgue... earlier

Please stop talking about uchumi death, I hold about 68k pieces but I can't sell at the moment due to the serious loss on the account, I will hold hoping for positive news on 17th, my other monkeys have stopped bleeding ie mumias and homeafrika, hii ni pressure.

You already made more than that speculating @kihyara. Ma-bp za nini 😂😂😂😂
,Behold, a sower went forth to sow;....
HaMaina
#60 Posted : Tuesday, October 09, 2018 4:03:48 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
kayhara wrote:
KaunganaDoDo wrote:
Pesa Nane wrote:
KaunganaDoDo wrote:
mlennyma wrote:
Pesa Nane wrote:
VituVingiSana wrote:


The monkey will definitely die

Uchumi ilifungwa ni vumbi iko kwa shelves and a few expiring goods..The court's won't help much rent and salaries are accruing...Why is uchumi trading???ARM is better


The government and its 14% shareholding is keeping it up... plus in the last two years the government has given it 1.2 Billion in shareholder loans...This thing will not go down anytime soon...The Treasury doesn't write down or make provision for its commercial investment...if it was to go down with the shareholders loans...it would make Noise in government quarters....This thing will be babysat until its on the legs...Take this to the bank

Everything you say is true until you mention that it will not die. It will die. And they may just get more tax-payers money but it will still die. Why? They are accruing debt in guise of keeping the doors open. The money they may get will be to pay down debt (Rent, connected suppliers, thieves, salaries, genuine wanjiku suppliers in that order.)
In this tournament there is no longer extra-time, it's sudden death!


Hahaha...It has limped like a Billie Holiday on her death bed...Many times The Mortician has been called only to find the Patient Moving his eyelids... Meanwhile the fatter patients in the same Ward have gone to the Morgue... earlier

Please stop talking about uchumi death, I hold about 68k pieces but I can't sell at the moment due to the serious loss on the account, I will hold hoping for positive news on 17th, my other monkeys have stopped bleeding ie mumias and homeafrika, hii ni pressure.


Then maybe you should buy more at the current price and lower your average loss.
“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
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