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uchumi share price today
QW25071985
#41 Posted : Tuesday, May 31, 2011 10:10:45 AM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
rich.co.ke havent updated their site... asi ????????????
mukiha
#42 Posted : Tuesday, May 31, 2011 10:27:18 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
2012 wrote:
I think that Ciano dude is a genius. Getting Kibs to ring the bell is a huge endorsement.
So is Ciano from the receiver manager's or he's Uchimi's CEO?

What do you mean?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
QW25071985
#43 Posted : Tuesday, May 31, 2011 10:29:51 AM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
He's the Uchimi's CEO. Lets just say shareholders rewarded him by retaining him..
youcan'tstopusnow
#44 Posted : Tuesday, May 31, 2011 11:06:28 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
deal, you are already 17 p.c downSad
GOD BLESS YOUR LIFE
Sufficiently Philanga....thropic
#45 Posted : Tuesday, May 31, 2011 11:16:55 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
Horton wrote:
Sufficiently Philanga....thropic wrote:
am on bid for 100 shares at 14.55!



dang u took a hiding...albeit for only 100 shares

Got my 100 shares at 13 and more at sub 12!
@SufficientlyP
the deal
#46 Posted : Tuesday, May 31, 2011 11:57:41 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
youcan'tstopusnow wrote:
deal, you are already 17 p.c downSad

smile. No no no not yet...my broker cancelled my order...Applause Applause
Wendz
#47 Posted : Tuesday, May 31, 2011 1:10:35 PM
Rank: Elder


Joined: 6/19/2008
Posts: 4,268
2012 wrote:
Personally I would have relaunched next week or on Thursday and not today. Reason is tomorrows holiday will reduce the momentum while they would have been able to build on it after baba Jimmy rings the bell. Anyway let's wait for it at 7/- next week and don't forget Britak IPO is end June and people will want to reserve some cash.


They still will reduce the momentum... the downward momentum... it is already -13.45% GAIN according to Wazua figures!
hisah
#48 Posted : Tuesday, May 31, 2011 1:13:33 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
I am hoping my small holding got sold. After being trapped here for the longest time ever, I hope this thing dips to 5 - 7/- levels to get me interested again.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Silk
#49 Posted : Tuesday, May 31, 2011 2:07:02 PM
Rank: Member


Joined: 8/25/2008
Posts: 144
Phew!!! 5 years was a long wait. Na bado siuzi. I'll give Ciano another 2 years and then review. Had already written it off anyway.

I think Ciano has big dreams for this company and i trust him however he combines the numbers.
2012
#50 Posted : Tuesday, May 31, 2011 2:20:42 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
hisah wrote:
I am hoping my small holding got sold. After being trapped here for the longest time ever, I hope this thing dips to 5 - 7/- levels to get me interested again.


To be honest, it would not interest me even at 7/-. Currently there are more interesting fish in the ocean where I think I can get more value than in the Great value I'd get here.

BBI will solve it
:)
Layman
#51 Posted : Tuesday, May 31, 2011 2:29:07 PM
Rank: Member


Joined: 9/21/2006
Posts: 422
Location: Nairobi
UCHUMI IS LOSING OUR TO CEMPTETITORS IN MORE WAYS: Very very veryyyyyy dirty outlets (Buru, Jogoo Rd, Aga Khan Walk etc), Very disorganized shelves, somehow Uchumi is expensive in most cases, stuffy shopping halls, poor ventilation, flow of fresh air ( where there are bakeries inside the supwermarket all items including cloths smell of bread, try Aga Khan walk, Phew!!!!!!!!! Let me end there
selah
#52 Posted : Tuesday, May 31, 2011 2:49:14 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I still think this re-listing is a PR exercise to woo in good strategic investors I av read Nation'smart company pull out and thats proof enough.

look at how they describe ciano.

Quote:
HE was not a newcomer in retail.He had turned around companies like KPLC and Kenol Kobil.


Quote:
In 1990,he was sent to the Caribbean to spearhead the turnaround of shell companies


Actually the all pull out is full of accolades that hides the fact that the company is afloat because of our money[taxpayers money].

The demand for the shares are quite high so the possibility for the share rising are high but as a long term investor I will wait for the full year result before I plunge in.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
bwenyenye
#53 Posted : Tuesday, May 31, 2011 2:50:22 PM
Rank: Elder


Joined: 5/24/2007
Posts: 1,805
Wake me up when it hits Ksh 7! I just get this feeling that I will be up very shortly...
I Think Therefore I Am
mwanahisa
#54 Posted : Tuesday, May 31, 2011 6:10:11 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
I was actually quite surprised at the price it traded at today. I had expected worse!
kipusa
#55 Posted : Tuesday, May 31, 2011 6:21:17 PM
Rank: New-farer


Joined: 4/26/2011
Posts: 8
Layman wrote:
UCHUMI IS LOSING OUR TO CEMPTETITORS IN MORE WAYS: Very very veryyyyyy dirty outlets (Buru, Jogoo Rd, Aga Khan Walk etc), Very disorganized shelves, somehow Uchumi is expensive in most cases, stuffy shopping halls, poor ventilation, flow of fresh air ( where there are bakeries inside the supwermarket all items including cloths smell of bread, try Aga Khan walk, Phew!!!!!!!!! Let me end there


Layman, couldnt agree with you more. Whenever I shop there, I have to go and wash my hands immediately because of the visible dirt. Although I must give them credit for the fresh vegetables, I could never shop anywhere else for fresh veges. Their price tags are almost always not correct. I hope they improve soon.All the same, I have no intention in buying the stock, I'll be a bystander for a while, just watching..
Kaffir
#56 Posted : Tuesday, May 31, 2011 6:25:16 PM
Rank: Member


Joined: 5/8/2008
Posts: 77
mwanahisa wrote:
I was actually quite surprised at the price it traded at today. I had expected worse!

It is still trading at a discount, as investors still emotional about it. I guess the end year results are what will determine its actual market value, as thats what will guide some of the institutional investors. In the meantime, we old shareholders take advantage of our long term scrutiny of the company (and so better understand current fundamentals) to stock up on the cheap shares. Today i was on the buying side - picked up a number at average of 11shs.. Will remain on the buying side, as long as it is below 20shs.
mwanahisa
#57 Posted : Tuesday, May 31, 2011 6:32:47 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
Kaffir wrote:
It is still trading at a discount.


Kindly explain your reasons for this conclusion.
bartum
#58 Posted : Tuesday, May 31, 2011 8:42:20 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Layman wrote:
UCHUMI IS LOSING OUR TO CEMPTETITORS IN MORE WAYS: Very very veryyyyyy dirty outlets (Buru, Jogoo Rd, Aga Khan Walk etc), Very disorganized shelves, somehow Uchumi is expensive in most cases, stuffy shopping halls, poor ventilation, flow of fresh air ( where there are bakeries inside the supwermarket all items including cloths smell of bread, try Aga Khan walk, Phew!!!!!!!!! Let me end there

phew!!!!!!! Dont stop their.they are trying to maximise space to save for shareholders
Aguytrying
#59 Posted : Tuesday, May 31, 2011 8:44:06 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
What i found suprising was that demand was much much more than supply.
The investor's chief problem - and even his worst enemy - is likely to be himself
Horton
#60 Posted : Tuesday, May 31, 2011 11:03:02 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Aguytrying wrote:
What i found suprising was that demand was much much more than supply.



That was fake demand...ati 4m shares at 5bob jes there to cause excitement
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