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Uchumi - A value play?
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] Not yet put under administration. This one if you have ksh.100mn you can buy it 100% and delist it Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Will stay in I.C.U for along time with death being the highest possibility "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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mlennyma wrote:Will stay in I.C.U for along time with death being the highest possibility Once they get the money from the sale of their land then the story will change
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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FUNKY wrote:mlennyma wrote:Will stay in I.C.U for along time with death being the highest possibility Once they get the money from the sale of their land then the story will change the land price is way below their debt and the business has lost customers with rent and salaries to settle,it's however good for those who like betting. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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mlennyma wrote:FUNKY wrote:mlennyma wrote:Will stay in I.C.U for along time with death being the highest possibility Once they get the money from the sale of their land then the story will change the land price is way below their debt and the business has lost customers with rent and salaries to settle,it's however good for those who like betting. Once they re stock fully I am sure customers will come back.
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Rank: Member Joined: 8/6/2018 Posts: 299
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[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward....
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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KaunganaDoDo wrote:[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward.... In African culture, the deceased are let to rest. No need discussing past memories constantly
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:KaunganaDoDo wrote:[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward.... In African culture, the deceased are let to rest. No need discussing past memories constantly What about those slowly dying from a terminal illness? 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: 13,516 Location: nairobi
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VituVingiSana wrote:obiero wrote:KaunganaDoDo wrote:[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward.... In African culture, the deceased are let to rest. No need discussing past memories constantly What about those slowly dying from a terminal illness? Diligent prayer
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:KaunganaDoDo wrote:[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward.... In African culture, the deceased are let to rest. No need discussing past memories constantly What about those slowly dying from a terminal illness? Diligent prayer  I am glad I get dividends from my core investees. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] Those 30 days are over, with no info. “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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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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don't mention uchumi and KQ ,they might halt the on going rally. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Court Grants Troubled Uchumi 30 Day Extension To Hold Talks With Creditors“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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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://citizentv.co.ke/...lion-uchumi-debt-292934/Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Still no feedback on Uchumi.  “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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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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HaMaina wrote:Still no feedback on Uchumi. Price has been rising so hopefully some good news will be out soon
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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FUNKY wrote:HaMaina wrote:Still no feedback on Uchumi. Price has been rising so hopefully some good news will be out soon Are you serious? Uchumi Stock is dead! Life is short. Live passionately.
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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sparkly wrote:FUNKY wrote:HaMaina wrote:Still no feedback on Uchumi. Price has been rising so hopefully some good news will be out soon Are you serious? Uchumi Stock is dead! true, keep checking their stores if they are not restocking dont touch There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Member Joined: 1/1/2011 Posts: 396
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littledove wrote:sparkly wrote:FUNKY wrote:HaMaina wrote:Still no feedback on Uchumi. Price has been rising so hopefully some good news will be out soon Are you serious? Uchumi Stock is dead! true, keep checking their stores if they are not restocking dont touch Nice....Peter Lynch approach I believe?
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Uchumi - A value play?
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