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Uchumi taking off
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S.Mutaga III
#161 Posted : Wednesday, October 10, 2012 2:42:39 AM
Rank: Member

Joined: 3/26/2012
Posts: 830
In its report about uchumi,the govt said it was holding on in order to reap dividends...i wouldnt be surprised if they announce a dividend since the govt is a major shareholder...i think this is what is pushing the price up...a paltry dividend or zero dividend will see the price dip
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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StatMeister
#162 Posted : Wednesday, October 10, 2012 4:21:05 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
http://www.businessdaily...0/-/tl0yu4z/-/index.html
A bad day fishing is better than a good day at work
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sparkly
#163 Posted : Wednesday, October 10, 2012 6:26:16 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
S.Mutaga III wrote:
StatMeister wrote:
Up 4.7% in 2 days, but i don't know what this stock means to me. I have shares from 2005, 2006, 2011 (debenture), 2012 - mixed grill prices. Not sure whether am up or down, am just holding on

''NOT SURE WHETHER AM UP OR DOWN''....whenever a trader/investor utters such comments,i begin to get worried...you wonder what their motives were while buying...if they dont know how much they have earned or lost.

He isn't alone. I also got some pre-suspension shares and took part in 2005 rights. Not sure if am in profits but holding on.
Life is short. Live passionately.
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StatMeister
#164 Posted : Wednesday, October 10, 2012 1:03:57 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
sparkly wrote:
S.Mutaga III wrote:
StatMeister wrote:
Up 4.7% in 2 days, but i don't know what this stock means to me. I have shares from 2005, 2006, 2011 (debenture), 2012 - mixed grill prices. Not sure whether am up or down, am just holding on

''NOT SURE WHETHER AM UP OR DOWN''....whenever a trader/investor utters such comments,i begin to get worried...you wonder what their motives were while buying...if they dont know how much they have earned or lost.

He isn't alone. I also got some pre-suspension shares and took part in 2005 rights. Not sure if am in profits but holding on.


This bus is in a hurry to go gomewhere
A bad day fishing is better than a good day at work
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youcan'tstopusnow
#165 Posted : Wednesday, October 17, 2012 8:00:49 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Uchumi Supermarket has
reported a 21.7 per cent
drop in before tax profit.
The retail chain on Tuesday said before tax profit stood at Sh403 million in the year to June compared to Sh515
million a year earlier.
The firm did not declare a dividend, but analysts report developed with the input of the management indicate
that Uchumi is likely to pay a dividend next year.
http://www.businessdaily.../-/x4auy1z/-/index.html
GOD BLESS YOUR LIFE
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mkonomtupu
#166 Posted : Wednesday, October 17, 2012 9:10:38 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
youcan'tstopusnow wrote:
Uchumi Supermarket has
reported a 21.7 per cent
drop in before tax profit.
The retail chain on Tuesday said before tax profit stood at Sh403 million in the year to June compared to Sh515
million a year earlier.
The firm did not declare a dividend, but analysts report developed with the input of the management indicate
that Uchumi is likely to pay a dividend next year.
http://www.businessdaily.../-/x4auy1z/-/index.html


I'm looking at today's paper and the board has recommended for approval a first and final dividend of 0.30 per share. Register will be closed on 8 Jan. 2013
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StatMeister
#167 Posted : Wednesday, October 17, 2012 9:16:40 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
Someone post a rink the results
A bad day fishing is better than a good day at work
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yekeyeke
#168 Posted : Wednesday, October 17, 2012 10:25:01 AM
Rank: Member

Joined: 6/4/2008
Posts: 345
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mlennyma
#169 Posted : Wednesday, October 17, 2012 10:47:04 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Div?
"Don't let the fear of losing be greater than the excitement of winning."
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guru267
#170 Posted : Wednesday, October 17, 2012 10:51:17 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mlennyma wrote:
Div?


Nope!!
Mark 12:29
Deuteronomy 4:16
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