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Uchumi FY17
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Pesa Nane
#1 Posted : Thursday, November 16, 2017 11:50:55 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#2 Posted : Thursday, November 16, 2017 11:53:15 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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the deal
#3 Posted : Friday, November 17, 2017 2:26:46 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Not good enough... Top line... Gross margin all shrinking... Performance boosted by other things not core business
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Ericsson
#4 Posted : Monday, November 20, 2017 1:18:01 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
Naivas should pursue an acquisition for this monkey or do a share swap.
That will also enable Naivas do a reverse listing
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#5 Posted : Tuesday, December 05, 2017 1:36:03 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
This black monkey nearly touching 4.50 per share
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#6 Posted : Tuesday, December 05, 2017 9:33:39 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,258
Location: Nairobi
Ericsson wrote:
Naivas should pursue an acquisition for this monkey or do a share swap.
That will also enable Naivas do a reverse listing

The fools at CAK will nix the above but will approve the acquisition of a milk processor by Brookside.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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heri
#7 Posted : Wednesday, December 06, 2017 9:15:43 AM
Rank: Member


Joined: 9/14/2011
Posts: 864
Location: nairobi
Has the CEO thrown in the towel ?
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maka
#8 Posted : Wednesday, December 06, 2017 9:16:15 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
This black monkey nearly touching 4.50 per share


possunt quia posse videntur
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obiero
#9 Posted : Wednesday, December 06, 2017 9:32:38 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,898
Location: nairobi
maka wrote:
Ericsson wrote:
This black monkey nearly touching 4.50 per share



It was always on the cards

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.75; MTN ABP 5.20
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Ericsson
#10 Posted : Wednesday, December 06, 2017 10:04:20 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
Julius Kipngetich is headed to standard group
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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aemathenge
#11 Posted : Wednesday, December 06, 2017 10:08:28 AM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily
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FundamentAli
#12 Posted : Wednesday, December 06, 2017 3:21:31 PM
Rank: Veteran


Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
aemathenge wrote:
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily


He is joining Standard Group in a non executive capacity
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obiero
#13 Posted : Wednesday, December 06, 2017 3:25:41 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,898
Location: nairobi
aemathenge wrote:
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily

M.o.1 spanner boy

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.75; MTN ABP 5.20
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Gathige
#14 Posted : Wednesday, December 06, 2017 3:38:23 PM
Rank: Elder


Joined: 3/29/2011
Posts: 2,242
obiero wrote:
aemathenge wrote:
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily

M.o.1 spanner boy


Seems like he used a hammer at Uchumi though.
"Things that matter most must never be at the mercy of things that matter least." Goethe
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HaMaina
#15 Posted : Wednesday, December 06, 2017 3:45:11 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 926
obiero wrote:
aemathenge wrote:
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily

M.o.1 spanner boy


Dr Kipngetich was nothing like mo1's anything, if anything he persistently criticized moi's leadership abilities.By the way he was my lecturer, and anyone who was in his class knows he had no time for kanu's politics.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Ericsson
#16 Posted : Wednesday, December 06, 2017 4:11:45 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
FundamentAli wrote:
aemathenge wrote:
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily


He is joining Standard Group in a non executive capacity


He's already a non-executive director.
He is going to become the next CEO
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#17 Posted : Wednesday, December 06, 2017 6:35:04 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
FundamentAli wrote:
aemathenge wrote:
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily


He is joining Standard Group in a non executive capacity


He's already a non-executive director.
He is going to become the next CEO


Kipngetich did well at KWS, Ok at Equity now he just soils his name with struggling companies.
Life is short. Live passionately.
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Chaka
#18 Posted : Wednesday, December 06, 2017 10:24:27 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
My thinking as well...This gentleman doesn't have something better to do?
sparkly wrote:


Kipngetich did well at KWS, Ok at Equity now he just soils his name with struggling companies.

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obiero
#19 Posted : Wednesday, December 06, 2017 10:39:55 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,898
Location: nairobi
HaMaina wrote:
obiero wrote:
aemathenge wrote:
Uchumi Supermarkets chief executive officer Julius Kipngetich has resigned effective November 30, the retailer's board of directors announced on Wednesday.

Chief Financial Officer Mohamed Ahmed Mohamed will take charge in an acting capacity.

Ericsson wrote:
Julius Kipngetich is headed to standard group



Source: The Business Daily

M.o.1 spanner boy


Dr Kipngetich was nothing like mo1's anything, if anything he persistently criticized moi's leadership abilities.By the way he was my lecturer, and anyone who was in his class knows he had no time for kanu's politics.

Well I never studied in his class but do you know who gave him the KWS gig and who owns SGL.. He is a politically connected chap and it's public knowledge http://kariron.com/Home/Article/50142

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.75; MTN ABP 5.20
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Pesa Nane
#20 Posted : Wednesday, December 13, 2017 1:44:08 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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