Wazua
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Uchumi taking off
Rank: Elder Joined: 11/7/2007 Posts: 2,182
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I would also advice the guy the same LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Aguytrying wrote:If u are taking baby steps, id advise you to sell. the pain of selling and price goes higher is far much less than watching your gains disappear before your eyes real talk !
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Rank: Member Joined: 1/29/2011 Posts: 257
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QW25091985 wrote:Aguytrying wrote:If u are taking baby steps, id advise you to sell. the pain of selling and price goes higher is far much less than watching your gains disappear before your eyes real talk ! Listen. "All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Perhaps the key challenge to a new investor in Equities is knowing when & how to take profits/loses! @SufficientlyP
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Sufficiently Philanga....thropic wrote:Perhaps the key challenge to a new investor in Equities is knowing when & how to take profits/loses! Precisely. Most new comers are speculators, hence no targets. Unlike individuals who've held Uchumi for several yrs, they'll be happy to buy more if it comes back to 10 bob. The speculator will most definitely sell. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 5/8/2008 Posts: 77
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Looks like it has held at 14 - 14.50 price range, with fair volumes still being traded. This appears to be its new resting point (as it did at 10 and 12 shs).
Given the good retail business environment, declining inflation, first half results, plus number of new stores that are now contributing to the bottom line, methinks expected growth full year only partly factored into the price - there is still significant upside potential. I do my shopping there, and am always pleased with the volume of business being done.
The oft quoted book value of 9.55 as a reason for current over-valued price may be misleading - Book value for June 2010 was only 5.8shs, and rose in 1 year to 8.6 by June 2011. Now, 9.55. It should be significantly higher by end 2012, given new stores, inventory, etc. Some good analyst out there should have worked this out already, contributing to the maintained high price.
Ive been adding more shares since 6.85shs, though stopped buying at 12shs (was dizzy by then!). I wonder if its time to start buying again, as the expected price dip is just refusing to happen - and may be rather shallow if it does, before another rally starts!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Tuskys its main competitor is being torn apart by family feuds, so Uchumi stands a chance to gain from its collapse http://theeastafrican.co.../-/15mv543z/-/index.html
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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[quote=the deal]Tuskys its main competitor is being torn apart by family feuds, so Uchumi stands a chance to gain from its collapse http://theeastafrican.co...-/15mv543z/-/index.html[/quote] working link
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Rank: Member Joined: 12/11/2006 Posts: 884
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I exited @ 13.75 hoping to board again @ 11. Seems it has refused to come down. “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Wow! Great insights, key being that Tuskys grosses twice the sales of Uchumi. That didn't translate into higher profits of course... GOD BLESS YOUR LIFE
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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ngapat wrote:I exited @ 13.75 hoping to board again @ 11. Seems it has refused to come down. dividends are coming. i just like the way speculation is keeping it way up there lol !!!!!!!!!!!!!!!!!!!!!!!
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Rank: Member Joined: 5/8/2008 Posts: 77
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And, it is still rising.. Uo to 15shs today
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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Uchumi closed strongly at 16 bob,i have bowed out,i dont have to keep a stock that gives me 100%+ i predict some serious tycoons want to acquire a controlling stake before it goes the kk way,thanks uchumi and those on board byee,but dont be over greedy. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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mlennyma wrote:Uchumi closed strongly at 16 bob,i have bowed out,i dont have to keep a stock that gives me 100%+ i predict some serious tycoons want to acquire a controlling stake before it goes the kk way,thanks uchumi and those on board byee,but dont be over greedy. WOW ! you donot even want the dividend ?
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Rank: Member Joined: 1/29/2011 Posts: 257
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mlennyma wrote:Uchumi closed strongly at 16 bob,i have bowed out,i dont have to keep a stock that gives me 100%+ i predict some serious tycoons want to acquire a controlling stake before it goes the kk way,thanks uchumi and those on board byee,but dont be over greedy. I'm with you on this one bro!   "All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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when are they releasing their results ?
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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@qw iam just excited i have never made 100%+ in 3-4months "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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When retailers rally boy do they rally... This thing could hit a P/E of 20 and still be heading up.. I wish i had boarded this bus.. Its got plenty of mileage left in it.. Plus the volumes traded are what i would call HEALTHY.. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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the results are far,far away coz their year ends on 30th june so late july or august. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Or maybe they are factoring in Uchumi EA ( east africa).
monday am adding more !
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Uchumi taking off
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