wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

60 Pages«<2122232425>»
Uchumi - A value play?
Options
Previous Topic · Next Topic
mlennyma
#221 Posted : Wednesday, June 22, 2016 9:55:14 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ebenyo wrote:
Uchumi is definitely headed to insolvency.Now can someone pliz enlighten me,when uchumi will be winded up,what happens to shareholders funds?

the shareholder has the highest chance of losing all their money if a company goes under,they can only be paid after all other debts are cleared so in the case of uchumi no shareholder can get a penny,you go home empty handed chewing cud
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
Spikes
#222 Posted : Wednesday, June 22, 2016 9:55:52 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Plimsoul wrote:
murchr wrote:


Wow, that is a knock out blow. Poor Cytonn, I know they love their brand and this really hurts.



I can't listen to Cytonn Investments right from the beginning. They are the best at spreading falsehood like the gospel truth. Their botched plot to shaft Britam was enough lesson to learn from.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top
  | | Edit by user: Wednesday, June 22, 2016 9:57 AM | Reason: Not specified
enyands
#223 Posted : Wednesday, June 22, 2016 10:16:35 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Spikes wrote:
Plimsoul wrote:
murchr wrote:


Wow, that is a knock out blow. Poor Cytonn, I know they love their brand and this really hurts.



I can't listen to Cytonn Investments right from the beginning. They are the best at spreading falsehood like the gospel truth. Their botched plot to shaft Britam was enough lesson to learn from.


Laughing out loudly


Back to top
  |
Ebenyo
#224 Posted : Wednesday, June 22, 2016 8:42:19 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
mlennyma wrote:
Ebenyo wrote:
Uchumi is definitely headed to insolvency.Now can someone pliz enlighten me,when uchumi will be winded up,what happens to shareholders funds?

the shareholder has the highest chance of losing all their money if a company goes under,they can only be paid after all other debts are cleared so in the case of uchumi no shareholder can get a penny,you go home empty handed chewing cud

@mlennyma,thanks.Thats a very sad reality we shareholders face.Now i realize the importance of wazua forum.In two months i have been here,it has sharpen my skills that im very comfortable with all the companies i have invested in nse.
Towards the goal of financial freedom
Back to top
  |
watesh
#225 Posted : Wednesday, June 22, 2016 9:39:30 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
The day i will go to Uchumi and find everything i want is the day i will invest, otherwise still waiting patiently for that Nakumatt listing on the stock market
Back to top
WWW
  |
VituVingiSana
#226 Posted : Thursday, June 23, 2016 5:32:19 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
sparkly wrote:
Ericsson wrote:
Uchumi to receive a capital injection of sh.1.2bn from the government within the next 14 days


Who is the Treasury CS? Who is Uchumi CEO? Why is GOK wasting taxpayers money whereas Treasury has only 14.6% shareholding? This 1.2B will end up in Wailer's pockets. Ngoja tu
d'oh! Sad d'oh! Sad #Truth
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Spikes
#227 Posted : Thursday, June 23, 2016 7:22:03 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
VituVingiSana wrote:
sparkly wrote:
Ericsson wrote:
Uchumi to receive a capital injection of sh.1.2bn from the government within the next 14 days


Who is the Treasury CS? Who is Uchumi CEO? Why is GOK wasting taxpayers money whereas Treasury has only 14.6% shareholding? This 1.2B will end up in Wailer's pockets. Ngoja tu
d'oh! Sad d'oh! Sad #Truth



Unlike the real shafters CK DJ and Mworias at the helm of Centum, Treasury CS and CEO Uchumi are known for good track records. I don't think the money will be wasted unless Arap Mashamba sends proxies in the name of tenderpreneurs to raise campaign money.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top
  |
VituVingiSana
#228 Posted : Thursday, June 23, 2016 7:30:01 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Spikes wrote:
VituVingiSana wrote:
sparkly wrote:
Ericsson wrote:
Uchumi to receive a capital injection of sh.1.2bn from the government within the next 14 days


Who is the Treasury CS? Who is Uchumi CEO? Why is GOK wasting taxpayers money whereas Treasury has only 14.6% shareholding? This 1.2B will end up in Wailer's pockets. Ngoja tu
d'oh! Sad d'oh! Sad #Truth



Unlike the real shafters CK DJ and Mworias at the helm of Centum, Treasury CS and CEO Uchumi are known for good track records. I don't think the money will be wasted unless Arap Mashamba sends proxies in the name of tenderpreneurs to raise campaign money.


When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. Warren Buffett
Read more at: http://www.brainyquote.c.../w/warrenbuff163581.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
streetwise
#229 Posted : Thursday, June 23, 2016 12:22:21 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Capital injection to be eaten again, please give us a break and shut the damn thing!!!!!!!
Back to top
  |
Plimsoul
#230 Posted : Thursday, June 23, 2016 12:26:30 PM
Rank: Member

Joined: 3/3/2016
Posts: 132
Out of curiosity, who here still owns Uchumi shares? Mikono juu tafadhali
Back to top
  |
60 Pages«<2122232425>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.