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Uchumi - A value play?
Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi
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sparkly wrote:watesh wrote: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 Irony is that Nakumatt tapped out before Uchumi. The deep pockets of the Taxpayers. EAPCC vs ARM. NBK vs Chase. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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VituVingiSana wrote:sparkly wrote:watesh wrote: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 Irony is that Nakumatt tapped out before Uchumi. The deep pockets of the Taxpayers. EAPCC vs ARM. NBK vs Chase. KQ vs KQ COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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obiero wrote:VituVingiSana wrote:Gathige wrote:VituVingiSana wrote:Uchumi, Mumias, etc should be declared bankrupt and go the way of Nakumatt. At lease for Uchumi, it can be rescued through a plan whereby the local suppliers can own it and use it as an avenue to sell their merchandise. The brand still has value, used to stock a lot of locally produced items and has premises in some strategic locations but the management and staff has been thieving Yes, but it has to be declared bankrupt, delisted and given over to the creditors so they can restructure it. I do not mean Uchumi should be closed BUT it should be owned and controlled by suppliers and employees. There's no better way forward than what @vvs suggests. This is a small business with no national importance hence no need for GOK influence/support Uchumi looses yet another key branch. It's over https://www.businessdail...641028-scvg8d/index.html COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi
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Almost there! Uchumi to complete Sh2.8bn Kasarani land sale in one week https://www.businessdail...68442-55mofs/index.html
No, I will still not invest in Uchumi shares BUT I hope Uchumi can find a strong partner and provide meaningful competition to Carrefour! Perhaps some suppliers should take a significant stake, and management role, in Uchumi and use it as a major outlet for their products. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 6/13/2017 Posts: 10
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Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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Kwiklana wrote:Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi? That property sale should not be a panacea COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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obiero wrote:Kwiklana wrote:Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi? That property sale should not be a panacea The poor share slid sub 2 bob today COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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obiero wrote:obiero wrote:Kwiklana wrote:Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi? That property sale should not be a panacea The poor share slid sub 2 bob today Uchumi should do very fast what Nakumatt did. Close some branches and remain with just a few to reduce overhead costs. About 10 branches would be good Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:obiero wrote:Kwiklana wrote:Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi? That property sale should not be a panacea The poor share slid sub 2 bob today Poor share like crap KQ. .  John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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Spikes wrote:obiero wrote:obiero wrote:Kwiklana wrote:Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi? That property sale should not be a panacea The poor share slid sub 2 bob today Poor share like crap KQ. . Bora uhai 😁😁😁 COOP, IMH, KEGN, KQ, MTNU
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Uchumi - A value play?
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