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Uchumi - A value play?

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Angelica _ann		#471 Posted : Wednesday, January 15, 2020 1:17:39 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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HaMaina		#472 Posted : Wednesday, January 15, 2020 1:22:27 PM
Rank: Veteran Joined: 4/23/2014 Posts: 931		Angelica _ann wrote: FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. “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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winmak		#473 Posted : Wednesday, January 15, 2020 6:12:41 PM
Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru		HaMaina wrote: Angelica _ann wrote: FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? For investors as a whole, returns decrease as motion increases ~ WB
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Angelica _ann		#474 Posted : Wednesday, January 15, 2020 6:40:23 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		winmak wrote: HaMaina wrote: Angelica _ann wrote: FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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FUNKY		#475 Posted : Wednesday, January 15, 2020 7:22:36 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		Angelica _ann wrote: winmak wrote: HaMaina wrote: Angelica _ann wrote: FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again
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Angelica _ann		#476 Posted : Wednesday, January 15, 2020 7:35:51 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		FUNKY wrote: Angelica _ann wrote: winmak wrote: HaMaina wrote: Angelica _ann wrote: FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again If they, you are investing in hope? Then again how long will they take to turn around. Anyway this one will never be revived. Gone like KQ, Mumias, & many more fake NSE firms. Go blue chip & sleep easy!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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mwekez@ji		#477 Posted : Wednesday, January 15, 2020 8:06:56 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		I still remember Aly Khan Satchu drumming buy recommendation for this share in 2015 (at cKes. 10/-). Con guy!
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Ericsson		#478 Posted : Wednesday, January 15, 2020 8:14:18 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		FUNKY wrote: Angelica _ann wrote: winmak wrote: HaMaina wrote: Angelica _ann wrote: FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again To sell to which consumer/customer. They moved on to the likes of Naivas, Carrefour Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Angelica _ann		#479 Posted : Wednesday, January 15, 2020 8:28:38 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		mwekez@ji wrote: I still remember Aly Khan Satchu drumming buy recommendation for this share in 2015 (at cKes. 10/-). Con guy! I narrowly escaped in the previous shenanigans (2005/2006), never looked back. Can't touch this. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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FUNKY		#480 Posted : Wednesday, January 15, 2020 8:53:19 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		Ericsson wrote: FUNKY wrote: Angelica _ann wrote: winmak wrote: HaMaina wrote: Angelica _ann wrote: FUNKY wrote: HaMaina wrote: Hope for Uchumi as creditors back recovery plan I am sure government will not let uchumi go down due to the current economic situation This one is dead, like Mumias. Move on. Personally I'm Buying. What? You are in Mumias, now this? it happens. Uchumi is not mumias..stores are still running although not fully stocked.. If they get the support from government they can fully stock their branches and they are back to business again To sell to which consumer/customer. They moved on to the likes of Naivas, Carrefour Uchumi brand is still in the hearts of Kenyans once it re surrects Kenyans will flock back there...carrefour has racism issues
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