wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

10 Pages«<34567>»
Uchumi HY 2018, the disaster
Options
Previous Topic · Next Topic
stock.enigma
#41 Posted : Wednesday, September 26, 2018 2:20:00 PM
Rank: Member

Joined: 8/14/2009
Posts: 244
KaunganaDoDo wrote:
Pesa Nane wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
Pesa Nane wrote:
kifo cha mende

Quote:
Githunguri Dairy seeks to wind up Uchumi over debt

“Notice is hereby given that a petition for the winding up of the above mentioned company by the High Court was on the September 3, 2018 presented to the said court by Githunguri Dairy Farmers Co-operative Society…and any creditor or contributory of the said company desirous to support or oppose the making of an order on the said petition may appear at the time of hearing,” reads the notice in part.


The company ceased operating,all its
branches have been shut down


Wazuans and their misleading information...i have been to Aga khan Walk Branch everyday including yesterday...


https://www.businessdail...94742-p5ityt/index.html


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).....


Can't sell Langata, land belongs to KAA. But was grabbed and sold to them. There is a caution on that property.
Back to top
  |
KaunganaDoDo
#42 Posted : Wednesday, September 26, 2018 2:28:58 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
stock.enigma wrote:
KaunganaDoDo wrote:
Pesa Nane wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
Pesa Nane wrote:
kifo cha mende

Quote:
Githunguri Dairy seeks to wind up Uchumi over debt

“Notice is hereby given that a petition for the winding up of the above mentioned company by the High Court was on the September 3, 2018 presented to the said court by Githunguri Dairy Farmers Co-operative Society…and any creditor or contributory of the said company desirous to support or oppose the making of an order on the said petition may appear at the time of hearing,” reads the notice in part.


The company ceased operating,all its
branches have been shut down


Wazuans and their misleading information...i have been to Aga khan Walk Branch everyday including yesterday...


https://www.businessdail...94742-p5ityt/index.html


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).....


Can't sell Langata, land belongs to KAA. But was grabbed and sold to them. There is a caution on that property.


The caveat was removed long time ago. The land title deed was validated by NLC...The caveat was just to scare off people...There is no legal Caution on this land. its not subject to court case.
Back to top
  |
Ericsson
#43 Posted : Wednesday, September 26, 2018 3:01:17 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Finally share price goes below ksh.1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
kayhara
#44 Posted : Wednesday, September 26, 2018 3:30:21 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
The guys owed money should wait for Uchumi to recover (if it can) even if wound up I doubt they will get half of their money back, GoK has already said no more cash for uchumi, Funny that there sre still buyers even with all the dark cloud over uchumi.
To Each His Own
Back to top
  |
Ericsson
#45 Posted : Wednesday, September 26, 2018 3:45:36 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
kayhara wrote:
The guys owed money should wait for Uchumi to recover (if it can) even if wound up I doubt they will get half of their money back, GoK has already said no more cash for uchumi, Funny that there sre still buyers even with all the dark cloud over uchumi.


Mention names of interested buyers
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
KaunganaDoDo
#46 Posted : Wednesday, September 26, 2018 4:18:21 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
kayhara wrote:
The guys owed money should wait for Uchumi to recover (if it can) even if wound up I doubt they will get half of their money back, GoK has already said no more cash for uchumi, Funny that there sre still buyers even with all the dark cloud over uchumi.


There is alot going on behind the curtain as far as this stock is concerned. decision on what positions to take depends on what information you have, both public and highly private. Three weeks ago 3M shares changed hands. DECISIONS AND POSITIONS ARE HAVE ONE TO ONE MAPPING AND ARE CONTINUOUS ENDOGENOUS VARIABLES.He who doesnt have any infor is the same as he who has zero infor
Back to top
  |
HaMaina
#47 Posted : Thursday, September 27, 2018 9:03:15 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
kayhara wrote:
The guys owed money should wait for Uchumi to recover (if it can) even if wound up I doubt they will get half of their money back, GoK has already said no more cash for uchumi, Funny that there sre still buyers even with all the dark cloud over uchumi.

Some of us love dark clouds, it usually means it will rain.
“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
Back to top
  |
obiero
#48 Posted : Thursday, September 27, 2018 10:33:17 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
HaMaina wrote:
kayhara wrote:
The guys owed money should wait for Uchumi to recover (if it can) even if wound up I doubt they will get half of their money back, GoK has already said no more cash for uchumi, Funny that there sre still buyers even with all the dark cloud over uchumi.

Some of us love dark clouds, it usually means it will rain.

Chunga mifuko hapa

KQ ABP 4.26
Back to top
WWW
  |
obiero
#49 Posted : Thursday, September 27, 2018 10:35:21 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
HaMaina wrote:
kayhara wrote:
The guys owed money should wait for Uchumi to recover (if it can) even if wound up I doubt they will get half of their money back, GoK has already said no more cash for uchumi, Funny that there sre still buyers even with all the dark cloud over uchumi.

Some of us love dark clouds, it usually means it will rain.

Chunga mifuko hapa

KQ ABP 4.26
Back to top
WWW
  |
VituVingiSana
#50 Posted : Thursday, October 04, 2018 8:46:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
45 lawsuits against Uchumi
https://googleweblight.c...n-KE&tg=610&pt=6
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
10 Pages«<34567>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.