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Uchumi FY 2013-2014 profit up 7%, dividend of 0.30

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a4architect.com		#11 Posted : Tuesday, September 09, 2014 9:15:44 AM
Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi		jwatesh wrote: The CEO is paid millions every month yet they cant modernize their supermarkets. They all look like Kiosks. They should give me this supermarket to run @jwatesh..true..i think the management doesnt go ito the details of interor and exterior design like other supermarkets do exept for the langata road one which looks well designed. other smaller ones like eastmatt are putting alot of effort in design/branding and over time, will surely wrestle the large players and gain a strong footing. As Iron Sharpens Iron, So one Man Sharpens Another.
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Mucene		#12 Posted : Tuesday, September 09, 2014 11:52:27 AM
Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya		mlennyma wrote: I also noted uchumi chains like taj mall embakasi lacking basic comondities like hostess maize flour,and many others which small kiosks have. [/quote]“Total group sales registered marginal growth… mainly due to the drop during the year in the Uganda subsidiary by 12 per cent,” the Uchumi board members say. The drop is attributed to competition, supply chain challenges and trouble at some locations “which may lead to our divestiture and relocation in the coming financial year to more promising locations already identified”.[/quote] They talk of Uganda but could be happening in Kenya too. If you don't want to go to plan B have a good plan A.
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Aguytrying		#13 Posted : Wednesday, September 10, 2014 2:15:07 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		Another gava plagued firm. this is a company on a sharp decline unless management changes. let's be honest these are just large dirty inspiring kiosks. run with mediocrity I'm surprised they are making profits The investor's chief problem - and even his worst enemy - is likely to be himself
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littledove		#14 Posted : Friday, September 19, 2014 9:06:07 AM
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky		http://www.capitalfm.co.ke/business/2014/09/uchumi-repays-the-sh627bn-loan-from-government/ interesting to note is the following statement by cabinet secretary "Treasury Cabinet Secretary Henry Rotich says the government will merge government owned companies that have similar roles in bid to enhance efficiency pointing out that they are working on a the legal framework that will facilitate the mergers." any listed company which is likely to be affected There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Aguytrying		#15 Posted : Friday, September 19, 2014 9:34:39 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		littledove wrote: http://www.capitalfm.co.ke/business/2014/09/uchumi-repays-the-sh627bn-loan-from-government/ interesting to note is the following statement by cabinet secretary "Treasury Cabinet Secretary Henry Rotich says the government will merge government owned companies that have similar roles in bid to enhance efficiency pointing out that they are working on a the legal framework that will facilitate the mergers." any listed company which is likely to be affected what happens when you merge inefficiency and corruption?? more inefficiency and more loopholes to steal The investor's chief problem - and even his worst enemy - is likely to be himself
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KNM		#16 Posted : Monday, September 22, 2014 10:11:57 PM
Rank: Member Joined: 10/28/2008 Posts: 41		Is this house on fire?? Walk into their stores and the shelves are empty hata Blueband. Even the corner shop in my mtaa has Blueband! Now there's talk of taking loans to pay suppliers Deja vu and flashbacks to a time before suspension from trading. The crowd will cheer your coronation as well as your beheading. People like a show, that's all.
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littledove		#17 Posted : Wednesday, October 01, 2014 10:08:07 PM
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky		highlights of uchumi CEO interview on citizen TV: uchumi may need only 800m in right issue. rights 3 for every 8 shares no takeover plan though many foreign chains have created interest not exiting Uganda market, exited one branch and opened another. targets Rwanda market all debts cleared and suppliers paid branches fully restocked There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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