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Uchumi HY 2018, the disaster
Rank: Veteran Joined: 4/23/2014 Posts: 931
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kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? “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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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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HaMaina wrote:kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? there is a mention of the liquidation case tomorrow by githunguri dairy To Each His Own
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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kayhara wrote:HaMaina wrote:kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? there is a mention of the liquidation case tomorrow by githunguri dairy Quote:https://www.businessdailyafrica.com/corporate/companies/Uchumi-wind-up-claims-approach-Sh500-million/4003102-4811128-ywb1as/index.html Thing are thick n this one, the winding up with 500 million claims, GoK can spit up that amount maisha iendelee To Each His Own
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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kayhara wrote:kayhara wrote:HaMaina wrote:kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? there is a mention of the liquidation case tomorrow by githunguri dairy Quote:https://www.businessdailyafrica.com/corporate/companies/Uchumi-wind-up-claims-approach-Sh500-million/4003102-4811128-ywb1as/index.html Thing are thick n this one, the winding up with 500 million claims, GoK can spit up that amount maisha iendelee Gone for good.This will be in the history books Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 299
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kayhara wrote:kayhara wrote:HaMaina wrote:kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? there is a mention of the liquidation case tomorrow by githunguri dairy Quote:https://www.businessdailyafrica.com/corporate/companies/Uchumi-wind-up-claims-approach-Sh500-million/4003102-4811128-ywb1as/index.html Thing are thick n this one, the winding up with 500 million claims, GoK can spit up that amount maisha iendelee This one is not going anywhere... Most creditors don't favour Liquidation...They know why...500M against total claims of 3.6B is not significant... They need more than 2B of creditors...which they don't have now.
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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KaunganaDoDo wrote:kayhara wrote:kayhara wrote:HaMaina wrote:kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? there is a mention of the liquidation case tomorrow by githunguri dairy Quote:https://www.businessdailyafrica.com/corporate/companies/Uchumi-wind-up-claims-approach-Sh500-million/4003102-4811128-ywb1as/index.html Thing are thick n this one, the winding up with 500 million claims, GoK can spit up that amount maisha iendelee This one is not going anywhere... Most creditors don't favour Liquidation...They know why...500M against total claims of 3.6B is not significant... They need more than 2B of creditors...which they don't have now. Anyone with access to historical data on uchumi? Has it ever hit the 0.7 lows of today? I actually bought some today, I don't know if I will be among the proverbial guys who are left holding the tail after all the best parts of a cow has been butchered. To Each His Own
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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kayhara wrote:KaunganaDoDo wrote:kayhara wrote:kayhara wrote:HaMaina wrote:kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? there is a mention of the liquidation case tomorrow by githunguri dairy Quote:https://www.businessdailyafrica.com/corporate/companies/Uchumi-wind-up-claims-approach-Sh500-million/4003102-4811128-ywb1as/index.html Thing are thick n this one, the winding up with 500 million claims, GoK can spit up that amount maisha iendelee This one is not going anywhere... Most creditors don't favour Liquidation...They know why...500M against total claims of 3.6B is not significant... They need more than 2B of creditors...which they don't have now. Anyone with access to historical data on uchumi? Has it ever hit the 0.7 lows of today? I actually bought some today, I don't know if I will be among the proverbial guys who are left holding the tail after all the best parts of a cow has been butchered. You will be worse than the guy you describe. Yours will be a smelly tail..
KQ ABP 4.26
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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kayhara wrote:KaunganaDoDo wrote:kayhara wrote:kayhara wrote:HaMaina wrote:kayhara wrote:KaunganaDoDo wrote:Pesa Nane wrote:KaunganaDoDo wrote:mlennyma wrote:Pesa Nane 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. 17th of which month ? And what news are you counting on ? there is a mention of the liquidation case tomorrow by githunguri dairy Quote:https://www.businessdailyafrica.com/corporate/companies/Uchumi-wind-up-claims-approach-Sh500-million/4003102-4811128-ywb1as/index.html Thing are thick n this one, the winding up with 500 million claims, GoK can spit up that amount maisha iendelee This one is not going anywhere... Most creditors don't favour Liquidation...They know why...500M against total claims of 3.6B is not significant... They need more than 2B of creditors...which they don't have now. Anyone with access to historical data on uchumi? Has it ever hit the 0.7 lows of today? I actually bought some today, I don't know if I will be among the proverbial guys who are left holding the tail after all the best parts of a cow has been butchered. I'm with you here, also put kidogo money on this one. let me see how it plays out. “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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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Monkey MUST die. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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One GoK agency kicking out another GoK entity  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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