I was lucky... I bought loads at 10/- (Rights bought at 10cents so nett 10.10) lakini I felt queasy so I dumped at between 11 & 12...

Soon thereafter the price spiked to 20/-... when there were rumours of merali buying (or he perpetuated the rumours to sell out)... At first I felt sorry that I sold... until Uchumi was suspended... then I felt good!!!

I am glad I sold... coz I was able to redeploy the cash elsewhere...

i also hope and wish they come back soon.....i have not yet written off my uchumi shares....

the one thing i do not understand is why jc wants to expand in TZ instead of consolidating (read pimping) the kenyan operation . . .

tafadhali asikuwe kama KCB, ati expanding coz others are expanding

I am sooo happy with the goings on at Uchumi i have a smile ear-to-ear. As i have stated elsewhere previously this share almost made me to completely quite share-investing.

But i am still sure the price will deep immediately after registration so that frustrated investors can alight and sharks who know what it's worth currently can board. Anyone who is patient enough to give it another year after re-registration will make a fortune together with cunning fellows who'll wait to snatch shares from long suffering investors for a song. BUT i dount any self-respecting investor able to decifer information will sell Uchumi below 12 shillings ... so sorry for guys who had indicated here in a previous thread that they will wait for it below 10 bob

I agree. Current shareholders, who have heald shares for three years that the could not trade, must behave and make decisions with SELF RESPECT.

Lazima WAJIHESHIMU. There is no infarminy they will suffer for holding these shares and they should thus not DUMP when the go ahead is given by the CMA.