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Uchumi - A value play?
FUNKY
#421 Posted : Monday, October 14, 2019 7:55:10 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Ericsson
#422 Posted : Monday, October 14, 2019 8:18:24 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

Not yet put under administration.
This one if you have ksh.100mn you can buy it 100% and delist it
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#423 Posted : Monday, October 14, 2019 9:24:31 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,173
Location: nairobi
Ericsson wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

Not yet put under administration.
This one if you have ksh.100mn you can buy it 100% and delist it

Will stay in I.C.U for along time with death being the highest possibility
"Don't let the fear of losing be greater than the excitement of winning."
FUNKY
#424 Posted : Monday, October 14, 2019 9:44:53 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
mlennyma wrote:
Ericsson wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

Not yet put under administration.
This one if you have ksh.100mn you can buy it 100% and delist it

Will stay in I.C.U for along time with death being the highest possibility


Once they get the money from the sale of their land then the story will change
mlennyma
#425 Posted : Monday, October 14, 2019 10:23:33 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,173
Location: nairobi
FUNKY wrote:
mlennyma wrote:
Ericsson wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

Not yet put under administration.
This one if you have ksh.100mn you can buy it 100% and delist it

Will stay in I.C.U for along time with death being the highest possibility


Once they get the money from the sale of their land then the story will change

the land price is way below their debt and the business has lost customers with rent and salaries to settle,it's however good for those who like betting.
"Don't let the fear of losing be greater than the excitement of winning."
FUNKY
#426 Posted : Monday, October 14, 2019 10:50:50 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
mlennyma wrote:
FUNKY wrote:
mlennyma wrote:
Ericsson wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

Not yet put under administration.
This one if you have ksh.100mn you can buy it 100% and delist it

Will stay in I.C.U for along time with death being the highest possibility


Once they get the money from the sale of their land then the story will change

the land price is way below their debt and the business has lost customers with rent and salaries to settle,it's however good for those who like betting.


Once they re stock fully I am sure customers will come back.
KaunganaDoDo
#427 Posted : Monday, October 14, 2019 11:49:38 AM
Rank: Member


Joined: 8/6/2018
Posts: 292
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward....
obiero
#428 Posted : Tuesday, October 15, 2019 12:19:10 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,463
Location: nairobi
KaunganaDoDo wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward....

In African culture, the deceased are let to rest. No need discussing past memories constantly

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
VituVingiSana
#429 Posted : Tuesday, October 15, 2019 7:42:34 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
obiero wrote:
KaunganaDoDo wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward....

In African culture, the deceased are let to rest. No need discussing past memories constantly
What about those slowly dying from a terminal illness?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#430 Posted : Tuesday, October 15, 2019 8:16:48 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,463
Location: nairobi
VituVingiSana wrote:
obiero wrote:
KaunganaDoDo wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward....

In African culture, the deceased are let to rest. No need discussing past memories constantly
What about those slowly dying from a terminal illness?

Diligent prayer

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
VituVingiSana
#431 Posted : Tuesday, October 15, 2019 10:09:35 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
KaunganaDoDo wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward....

In African culture, the deceased are let to rest. No need discussing past memories constantly
What about those slowly dying from a terminal illness?

Diligent prayer
Laughing out loudly I am glad I get dividends from my core investees.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
HaMaina
#432 Posted : Thursday, October 31, 2019 12:40:39 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 903
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

Those 30 days are over, with no info.
“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
mlennyma
#433 Posted : Thursday, October 31, 2019 12:44:22 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,173
Location: nairobi
HaMaina wrote:
[quote=FUNKY]And now this

https://www.businessdail...10014-jd9o4q/index.html[/quote]

Those 30 days are over, with no info.

don't mention uchumi and KQ ,they might halt the on going rally.
"Don't let the fear of losing be greater than the excitement of winning."
HaMaina
#434 Posted : Friday, November 08, 2019 11:01:12 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 903
Court Grants Troubled Uchumi 30 Day Extension To Hold Talks With Creditors
“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
Ericsson
#435 Posted : Tuesday, November 12, 2019 6:06:14 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
https://citizentv.co.ke/...lion-uchumi-debt-292934/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
HaMaina
#436 Posted : Friday, December 06, 2019 10:10:36 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 903
Still no feedback on Uchumi.Sad Sad
“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
FUNKY
#437 Posted : Friday, December 06, 2019 11:43:34 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
HaMaina wrote:
Still no feedback on Uchumi.Sad Sad


Price has been rising so hopefully some good news will be out soon
sparkly
#438 Posted : Friday, December 06, 2019 11:57:58 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
FUNKY wrote:
HaMaina wrote:
Still no feedback on Uchumi.Sad Sad


Price has been rising so hopefully some good news will be out soon


Are you serious? Uchumi Stock is dead!
Life is short. Live passionately.
littledove
#439 Posted : Friday, December 06, 2019 12:09:12 PM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
sparkly wrote:
FUNKY wrote:
HaMaina wrote:
Still no feedback on Uchumi.Sad Sad


Price has been rising so hopefully some good news will be out soon


Are you serious? Uchumi Stock is dead!


true, keep checking their stores if they are not restocking dont touch
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
jmbada
#440 Posted : Friday, December 06, 2019 6:58:52 PM
Rank: Member


Joined: 1/1/2011
Posts: 396
littledove wrote:
sparkly wrote:
FUNKY wrote:
HaMaina wrote:
Still no feedback on Uchumi.Sad Sad


Price has been rising so hopefully some good news will be out soon


Are you serious? Uchumi Stock is dead!


true, keep checking their stores if they are not restocking dont touch

Nice....Peter Lynch approach I believe?
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