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uchumi share price today
Rank: Member Joined: 9/21/2006 Posts: 422 Location: Nairobi
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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
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Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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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
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Rank: Elder Joined: 5/24/2007 Posts: 1,805
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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
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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I was actually quite surprised at the price it traded at today. I had expected worse!
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Rank: New-farer Joined: 4/26/2011 Posts: 8
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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..
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Rank: Member Joined: 5/8/2008 Posts: 77
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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.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Kaffir wrote:It is still trading at a discount. Kindly explain your reasons for this conclusion.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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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
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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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
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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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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uchumi share price today
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