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Uchumi - A value play?
Ericsson
#561 Posted : Friday, June 11, 2021 7:30:26 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,306
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:


The headline and content are two different things.
Suppliers are reluctant to give Uchumi stock
CEO is trying but suppliers have been choma'd over and over again. In today's tough economy why take the risk of giving credit?


Uchumi is as good as dead
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
HaMaina
#562 Posted : Monday, June 14, 2021 3:53:30 PM
Rank: Member


Joined: 4/23/2014
Posts: 863
What's the excitement over Uchumi today??
“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
HaMaina
#563 Posted : Thursday, July 22, 2021 2:42:46 PM
Rank: Member


Joined: 4/23/2014
Posts: 863
Uchumi Website CountDown

Any news on Uchumi?? Their website has been counting down for about 2 weeks now.
“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
#564 Posted : Tuesday, September 28, 2021 12:16:41 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,306
Location: NAIROBI
Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#565 Posted : Tuesday, September 28, 2021 5:23:33 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,744
Location: Nairobi
Ericsson wrote:
Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over
Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#566 Posted : Tuesday, September 28, 2021 8:11:08 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,306
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over
Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand.


Now even wonder why is the share still trading.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#567 Posted : Tuesday, September 28, 2021 8:12:44 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,306
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over
Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand.

Yes it was.
The building that Chris Kirubi sold then Uchumi leased back.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#568 Posted : Wednesday, September 29, 2021 6:17:47 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,061
Location: nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over
Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand.

Yes it was.
The building that Chris Kirubi sold then Uchumi leased back.

Naivas is taking it, confirmed. Will miss the Uchumi bread and sandwiches dearly
www.winda.co.ke
HaMaina
#569 Posted : Monday, November 29, 2021 11:03:01 AM
Rank: Member


Joined: 4/23/2014
Posts: 863
KDF ups fight for Uchumi assets with purchase deal
“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
#570 Posted : Monday, November 29, 2021 12:16:35 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,135
Location: nairobi


I see the shareholder finally walking out empty handed
"Don't let the fear of losing be greater than the excitement of winning."
HaMaina
#571 Posted : Tuesday, January 18, 2022 2:36:13 PM
Rank: Member


Joined: 4/23/2014
Posts: 863
Uchumi is looking quite happy and tasty this month, very good prices.smile smile
“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
littledove
#572 Posted : Tuesday, January 18, 2022 4:07:29 PM
Rank: Member


Joined: 7/1/2014
Posts: 846
Location: sky
HaMaina wrote:
Uchumi is looking quite happy and tasty this month, very good prices.smile smile

dont joke around with these kind of stocks, chances of becoming a hostage are very high, you can wake up one day and boom, notice of suspension
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
sparkly
#573 Posted : Thursday, January 20, 2022 5:35:32 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,044
Location: Enk are Nyirobi
mlennyma wrote:


I see the shareholder finally walking out empty handed


KDF doesn't own land hence KDF cannot buy and hold land. The land will be taken over by KDF but registered in some private hands. Just like KDF claims it took over the land from some Israelis but the land was allocated to Moi who sold it to Uchumi.
Life is short. Live passionately.
HaMaina
#574 Posted : Monday, May 09, 2022 2:24:44 PM
Rank: Member


Joined: 4/23/2014
Posts: 863
Uchumi Supermarkets to Hold Meet with Creditors, Members
“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
HaMaina
#575 Posted : Tuesday, May 10, 2022 12:28:22 PM
Rank: Member


Joined: 4/23/2014
Posts: 863
KDF okays partial sale of Uchumi Kasarani property
“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
HaMaina
#576 Posted : Friday, May 13, 2022 10:18:58 AM
Rank: Member


Joined: 4/23/2014
Posts: 863
Church demands Sh400m refund from Uchumi
“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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