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Uchumi resume trading 31st may
Rank: Elder Joined: 11/27/2007 Posts: 3,604
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I cant wait... African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Link. Iko wapi ? Na kama ni perepepe tuna semanga uipeleke marikiti au gikomba 
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Rank: Elder Joined: 9/15/2006 Posts: 3,906
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Hoooray! relentless focus by Jonathan Ciano and team finally has D-day as 31-May. Is that like in just 1.5 weeks? CapitalFM_kenya Capital FM Kenya
UCHUMI shares will resume trading on May 31 after a six year suspension. This is one month after CMA approved its re-listing on the bourse.Now the mind games begin - to sell or not to sell, at what price? Or even be daring and to buy more... Is it true the EPS is 4.81? No 0.61 half year - Answer to my rhetoric question well discussed here http://www.wazua.co.ke/f...amp;m=149468#post149468
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Got the tweet from Capital FM too. I'm actually thinking of getting in at sub 5 for a quick play, if I dump Sasini by then.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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5/-
BBI will solve it :)
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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A very long queue of scared sellers,i will never,never touch it. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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muganda wrote:Hoooray! relentless focus by Jonathan Ciano and team finally has D-day as 31-May. Is that like in just 1.5 weeks? CapitalFM_kenya Capital FM Kenya
UCHUMI shares will resume trading on May 31 after a six year suspension. This is one month after CMA approved its re-listing on the bourse.Now the mind games begin - to sell or not to sell, at what price? Or even be daring and to buy more... Is it true the EPS is 4.81? No 0.61 half year - Answer to my rhetoric question well discussed here http://www.wazua.co.ke/f...amp;m=149468#post149468
thank you my friend .i wait a torrent of sellin...and i'll put a bid of 2.00 and it will print trust me.How many wanjiku investors even know the true worth of this stock.Its goin to be 'Safcom at 2.00' all-over again..
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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The N.S.E is so exciting. Its gonna be a good year. 5 bob hmmmm..... The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Uchumi relisting - trapped sellers exit... This will make a good contra play as buyers get their price. I wish the panic sellers push it to 3/- $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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How many shares does this company have?
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Rank: New-farer Joined: 4/29/2011 Posts: 21 Location: kenya
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if am not wrong cma clearly indicated that existing shareholders cnot sel a share for a period of one year to ensure stability of stock price one can go to google to verify
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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BAHALI YAKE wrote:if am not wrong cma clearly indicated that existing shareholders cnot sel a share for a period of one year to ensure stability of stock price one can go to google to verify That applies to Key shareholders only i.e top 10 shareholders.
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Rank: New-farer Joined: 1/8/2011 Posts: 48 Location: muranga
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Where will I start with this one.....surely let the market decide for me...
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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BAHALI YAKE wrote:if am not wrong cma clearly indicated that existing shareholders cnot sel a share for a period of one year to ensure stability of stock price one can go to google to verify What would it mean then its back trading if shareholders can't sell? Its just the Major ones Foresight..
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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Don't forget; after 5yrs outside, 10% rule will not hold. So there is bound to be large fluctuations on day one. Best to wait it out and make your move on day two. Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mukiha wrote:Don't forget; after 5yrs outside, 10% rule will not hold. So there is bound to be large fluctuations on day one. Best to wait it out and make your move on day two. By then opportunity might be gone. GOD BLESS YOUR LIFE
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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@gatoho I too thought so,no reason for resuming trade if what @Bahali says was true. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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My survey puts uchumi among the most expensive supermarkets to shop in,uchumi is not stable and still needs a partner and competition without huge capital will be a test...my best offer 2bob "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 5/8/2008 Posts: 77
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I sincerely dont see it settling under 15shs. I would also pick up any shares under 10bob, on the 1st day.
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Uchumi resume trading 31st may
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