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Uchumi Supermarkets FY15
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Pesa Nane
#1 Posted : Monday, August 31, 2015 1:20:36 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
As we wait...

Pesa Nane plans to be shilingi when he grows up.
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Aguytrying
#2 Posted : Monday, August 31, 2015 1:24:03 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Pesa Nane wrote:
As we wait...



That last paragraph. Now these are serious owners. I hope there's no gov left in the shareholding
The investor's chief problem - and even his worst enemy - is likely to be himself
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instinct
#3 Posted : Monday, August 31, 2015 1:30:58 PM
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Joined: 8/17/2007
Posts: 294
Luckily the stock had taken a 50% hit before the bear began
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patrazi
#4 Posted : Friday, November 27, 2015 6:25:12 PM
Rank: New-farer


Joined: 7/18/2012
Posts: 76
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mlennyma
#5 Posted : Friday, November 27, 2015 8:48:15 PM
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Joined: 7/21/2010
Posts: 6,184
Location: nairobi
patrazi wrote:
http://www.businessdailyafrica.com/Corporate-News/Uchumi-announces-Sh3-2-billion-after-tax-loss/-/539550/2974856/-/10vcgu9/-/index.html

A loss big enough to open a new chain of supermarket
"Don't let the fear of losing be greater than the excitement of winning."
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obiero
#6 Posted : Friday, November 27, 2015 9:19:06 PM
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Joined: 6/23/2009
Posts: 13,568
Location: nairobi
mlennyma wrote:
patrazi wrote:
http://www.businessdailyafrica.com/Corporate-News/Uchumi-announces-Sh3-2-billion-after-tax-loss/-/539550/2974856/-/10vcgu9/-/index.html

A loss big enough to open a new chain of supermarket

Hence its continued appearance on yasser's list

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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mlennyma
#7 Posted : Friday, November 27, 2015 9:32:09 PM
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Joined: 7/21/2010
Posts: 6,184
Location: nairobi
obiero wrote:
mlennyma wrote:
patrazi wrote:
http://www.businessdailyafrica.com/Corporate-News/Uchumi-announces-Sh3-2-billion-after-tax-loss/-/539550/2974856/-/10vcgu9/-/index.html

A loss big enough to open a new chain of supermarket

Hence its continued appearance on yasser's list

why are c.e.o's not auctioned of all their wealth for this kind of irresponsibly? ??it should get to that level for the shareholder to feel the shared pain and finally rot in jail. ...economic crime it is.
"Don't let the fear of losing be greater than the excitement of winning."
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murchr
#8 Posted : Friday, November 27, 2015 10:28:06 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Who are the major shareholders of Uchumi now?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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4eva eva
#9 Posted : Saturday, November 28, 2015 9:38:38 AM
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Joined: 11/3/2015
Posts: 45
Location: Mombatha
July, September, October, November to release results ending 30th June...
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Boris Boyka
#10 Posted : Saturday, November 28, 2015 10:00:22 AM
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Joined: 11/15/2013
Posts: 1,977
Location: Here
4eva eva wrote:
July, September, October, November to release results ending 30th June...

4 months within regulatiom and requirements.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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4eva eva
#11 Posted : Saturday, November 28, 2015 11:23:59 AM
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Joined: 11/3/2015
Posts: 45
Location: Mombatha
Boris Boyka wrote:
4eva eva wrote:
July, September, October, November to release results ending 30th June...

4 months within regulatiom and requirements.

Hmmm...
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VituVingiSana
#12 Posted : Sunday, November 29, 2015 10:22:35 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,134
Location: Nairobi
Another 2bn (or whatever amount) that will either go down the drain or stuck in legal limbo for years! Poor Uchumi shareholders.

http://www.businessdaily...0/-/14gmy64/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Angelica _ann
#13 Posted : Sunday, November 29, 2015 10:34:38 PM
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Joined: 12/7/2012
Posts: 11,909
[quote=VituVingiSana]Another 2bn (or whatever amount) that will either go down the drain or stuck in legal limbo for years! Poor Uchumi shareholders.

http://www.businessdaily.../-/14gmy64/-/index.html[/quote]
Of course lawyers will also eat a good percentage of the amount!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Cde Monomotapa
#14 Posted : Sunday, November 29, 2015 11:09:03 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Great the CEO clipped the under-performers. Now, if deposits have to be sought back altogether, as those locations look promising, then this company might never turnaround!
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Cde Monomotapa
#15 Posted : Sunday, November 29, 2015 11:25:32 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Great the CEO clipped the under-performers. Now, if deposits have to be sought back altogether, as those locations look promising, then this company might never turnaround!


Then again, what's the discount for all this 'bad news'? If really 2.5B supported dud branches, the legal claims can run their course. Can sprucing back of KE branches maintain/improve earnings? 4 bob!
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