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Uchumi - A value play?
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Ericsson wrote:Julius Kipngetich in yesterday's news said the turn around fruits of Uchumi will start being seeing in 8 weeks.
Let's give him the benefit and see however sweet he talks capital injection has the last say "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Billions from Rotich on the way Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:Billions from Rotich on the way The guys who looted are scot free...so sad.  possunt quia posse videntur
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Rank: User Joined: 1/20/2014 Posts: 3,528
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VituVingiSana wrote:sparkly wrote:murchr wrote:Ericsson wrote:Share price now at 2.95.
The race to ksh.1 per share now has a new entrant. I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans? Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0! Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent! You guys are sadists  Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Othelo wrote:VituVingiSana wrote:sparkly wrote:murchr wrote:Ericsson wrote:Share price now at 2.95.
The race to ksh.1 per share now has a new entrant. I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans? Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0! Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent! You guys are sadists Roho mbaya sana
KQ ABP 4.26
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Othelo wrote:VituVingiSana wrote:sparkly wrote:murchr wrote:Ericsson wrote:Share price now at 2.95.
The race to ksh.1 per share now has a new entrant. I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans? Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0! Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent! You guys are sadists It should be left to die. Just a waste of tax payers money rescuing it with no proper action The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/20/2008 Posts: 6,275 Location: Kenya
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How come those who mismanaged the company were never prosecuted? As long this is the trend, no public companies will ever succeed. You will just see the likes of Chr1s K1rub1 becoming billionaires and paraded as role models... ywk!
That is Africa for you!!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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AlphDoti wrote:How come those who mismanaged the company were never prosecuted? As long this is the trend, no public companies will ever succeed. You will just see the likes of Chr1s K1rub1 becoming billionaires and paraded as role models... ywk!
That is Africa for you!!! i personally don't see the point of a whole govt involving itself in supermarket business no matter what "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Uchumi is definitely headed to insolvency.Now can someone pliz enlighten me,when uchumi will be winded up,what happens to shareholders funds? Towards the goal of financial freedom
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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How low can it go? "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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Uchumi - A value play?
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