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Uchumi - A value play?
kyt
#81 Posted : Tuesday, December 30, 2014 3:03:45 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
give the market time, don't time the market.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
Am
#82 Posted : Tuesday, December 30, 2014 3:57:50 PM
Rank: Veteran

Joined: 2/21/2012
Posts: 1,739
S.Mutaga III wrote:
Along Thika Road...the store at Juja, and the one they plan on leasing in the Unicity Mall, are very bad business decisions in my layman opinion. When retailers are battling for space in high density areas, Uchumi is busy occupying areas that are of very low density. With the government as a major shareholder, that sums up everything...bad investment IMHO.


Unicity not a bad one bro, especially if Knight Frank gets other worthy brands in the mall. A lot of estates around also and Uchumi may be busy here. It looks a nice stopover and no other mall all the way to Thika, other than one coming up next to Juja Preparatory which I'm sure Naivas will occupy. Of course Uchumi at Juja is a complete waste, I doubt they are able to raise the 150K rent! Was there a week or so ago and found only two Counters manned, but both cashiers were snoring!! Uchumi is in a sorry state!!
Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
streetwise
#83 Posted : Tuesday, December 30, 2014 4:09:20 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
If you find a company has no customers or its products are not on demand what else do you need to make a decision
mkonomtupu
#84 Posted : Friday, January 02, 2015 8:29:51 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
streetwise wrote:
If you find a company has no customers or its products are not on demand what else do you need to make a decision


Are you still invested in that zombie company called mumias?
mkonomtupu
#85 Posted : Friday, January 16, 2015 11:56:59 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
mkonomtupu wrote:
Today is another day of scooping these shares.

Uchumi shareholders asanteni



11.85 prints Drool Drool Drool
mlennyma
#86 Posted : Monday, January 19, 2015 10:56:27 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
mkonomtupu wrote:
mkonomtupu wrote:
Today is another day of scooping these shares.

Uchumi shareholders asanteni



11.85 prints Drool Drool Drool

Sometimes the market proves our analysis wrong,is uchumi another mumias play?
"Don't let the fear of losing be greater than the excitement of winning."
stockshunter
#87 Posted : Monday, January 19, 2015 11:00:22 AM
Rank: Member

Joined: 1/16/2014
Posts: 114
As we celebrate MSC there is a silent vessel called UCHM that is slipping off the shores of sub 10% How far it will go am yet to see but am liking the silence in the vessel
fear makes people live a miserable life.
mkonomtupu
#88 Posted : Monday, January 19, 2015 11:20:39 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
mlennyma wrote:
mkonomtupu wrote:
mkonomtupu wrote:
Today is another day of scooping these shares.

Uchumi shareholders asanteni



11.85 prints Drool Drool Drool

Sometimes the market proves our analysis wrong,is uchumi another mumias play?


@mlennyma we had a similar debate on uchumi in 2011

http://m.wazua.co.ke/for...aspx?g=posts&t=12813
instinct
#89 Posted : Monday, January 19, 2015 11:38:40 AM
Rank: Member

Joined: 8/17/2007
Posts: 294
Uchumi plans 13 new outlets across East Africa in 2015

http://www.businessdaily...6/-/494ifz/-/index.html
Kihara joni
#90 Posted : Monday, January 19, 2015 4:52:07 PM
Rank: Member

Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
Uchumi's stores are somehow rundown not well stocked and in some funny areas, but saw a small store coming up in Limuru town.
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