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Uchumi - A value play?
Rank: Chief Joined: 1/3/2007 Posts: 18,054 Location: Nairobi
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obiero wrote:Angelica _ann wrote:VituVingiSana wrote:obiero wrote:KaunganaDoDo wrote:RIEK01 wrote:Uchumi is dead.If this was listed in the NYSE would it still be trading?
The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.
When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.
It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.
When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public. Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often? GoK firms die a hard stubborn death. Look at EAPCC, MSC, NBK, KENRE, KQ  Profit after Profit after Profit  Why would Kenya Re be in that list? I had missed Chief. Isnt it obvious No Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking? Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking? Good luck Life is short. Live passionately.
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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sparkly wrote:Ebenyo wrote:Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking? Good luck Don't ever try, buying this is too dangerous!!! 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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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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Angelica _ann wrote:sparkly wrote:Ebenyo wrote:Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking? Good luck Don't ever try, buying this is too dangerous!!! No,I'm not in this carcass.Was only sharing the day statistics from NSE. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/23/2014 Posts: 903
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Angelica _ann wrote:sparkly wrote:Ebenyo wrote:Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking? Good luck Don't ever try, buying this is too dangerous!!! I've bought a few, safe is a bit boring. “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: 4/4/2016 Posts: 1,996 Location: Kitale
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HaMaina wrote:Angelica _ann wrote:sparkly wrote:Ebenyo wrote:Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking? Good luck Don't ever try, buying this is too dangerous!!! I've bought a few, safe is a bit boring. @hamaina and @obiero belong to the same school of thought.The brains behind Mumias and KQ death and probable resurrection. And now Uchumi! Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:HaMaina wrote:Angelica _ann wrote:sparkly wrote:Ebenyo wrote:Made it to top five in today trading with a volume of 428,200.Could their be any thing cooking? Good luck Don't ever try, buying this is too dangerous!!! I've bought a few, safe is a bit boring. @hamaina and @obiero belong to the same school of thought.The brains behind Mumias and KQ death and probable resurrection. And now Uchumi! @Fyatu is also a member of that school of thought. Life is short. Live passionately.
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Rank: Veteran Joined: 4/23/2014 Posts: 903
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Hope for Uchumi as creditors back recovery plan“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: 4/30/2010 Posts: 1,635
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I am sure government will not let uchumi go down due to the current economic situation
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. 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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Rank: Veteran Joined: 4/23/2014 Posts: 903
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Angelica _ann wrote:FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. “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: Member Joined: 12/1/2007 Posts: 537 Location: Nakuru
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HaMaina wrote:Angelica _ann wrote:FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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winmak wrote:HaMaina wrote:Angelica _ann wrote:FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. 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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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Angelica _ann wrote:winmak wrote:HaMaina wrote:Angelica _ann wrote:FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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FUNKY wrote:Angelica _ann wrote:winmak wrote:HaMaina wrote:Angelica _ann wrote:FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again If they, you are investing in hope? Then again how long will they take to turn around. Anyway this one will never be revived. Gone like KQ, Mumias, & many more fake NSE firms. Go blue chip & sleep easy!!! 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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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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I still remember Aly Khan Satchu drumming buy recommendation for this share in 2015 (at cKes. 10/-). Con guy! 
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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FUNKY wrote:Angelica _ann wrote:winmak wrote:HaMaina wrote:Angelica _ann wrote:FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again To sell to which consumer/customer. They moved on to the likes of Naivas, Carrefour Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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mwekez@ji wrote:I still remember Aly Khan Satchu drumming buy recommendation for this share in 2015 (at cKes. 10/-). Con guy! I narrowly escaped in the previous shenanigans (2005/2006), never looked back. Can't touch this. 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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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Ericsson wrote:FUNKY wrote:Angelica _ann wrote:winmak wrote:HaMaina wrote:Angelica _ann wrote:FUNKY wrote:I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again To sell to which consumer/customer. They moved on to the likes of Naivas, Carrefour Uchumi brand is still in the hearts of Kenyans once it re surrects Kenyans will flock back there...carrefour has racism issues
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