wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

60 Pages«<5051525354>»
Uchumi - A value play?
Options
Previous Topic · Next Topic
KaunganaDoDo
#511 Posted : Monday, July 06, 2020 8:18:33 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
FUNKY wrote:
Uchumi will bounce back...their branches have been buying fast moving goods on cash basis from suppliers p/s - I am one of the supplier


The former customer of uchumi moved on


Supermarket is Brand Name and Cashflow... Customers never Move... They just need sustainable cash flow
Back to top
  |
VituVingiSana
#512 Posted : Monday, July 06, 2020 8:19:44 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,343
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.


Treasury should allow EAPCC be swallowed by Bamburi cement

True but guys in GoK want to kula the land.
Bamburi has no use for the antique machinery.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#513 Posted : Monday, July 06, 2020 8:20:18 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.


Treasury should allow EAPCC be swallowed by Bamburi cement

True but guys in GoK want to kula the land.
Bamburi has no use for the antique machinery.


The limestone and the market share
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
KaunganaDoDo
#514 Posted : Monday, July 06, 2020 8:23:17 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.

Government bailout is necessary but not sufficient.... Even Mumias has Government support.... what matter is the extent of the Hole...How deep is it.... Giants like KQ and Portland Cement and Mumias will slumber half awake as they walk while Agile small firms like Uchumi will Rise up quickly
Back to top
  |
Ericsson
#515 Posted : Monday, July 06, 2020 8:26:31 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KaunganaDoDo wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.

Government bailout is necessary but not sufficient.... Even Mumias has Government support.... what matter is the extent of the Hole...How deep is it.... Giants like KQ and Portland Cement and Mumias will slumber half awake as they walk while Agile small firms like Uchumi will Rise up quickly


The hole in uchumi is bigger than in EAPCC
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#516 Posted : Monday, July 06, 2020 8:26:34 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,343
Location: Nairobi
KaunganaDoDo wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.

Government bailout is necessary but not sufficient.... Even Mumias has Government support.... what matter is the extent of the Hole...How deep is it.... Giants like KQ and Portland Cement and Mumias will slumber half awake as they walk while Agile small firms like Uchumi will Rise up quickly
Bailouts simply postpone the inevitable at Taxpayers expense.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
KaunganaDoDo
#517 Posted : Monday, July 06, 2020 8:30:22 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
KaunganaDoDo wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.

Government bailout is necessary but not sufficient.... Even Mumias has Government support.... what matter is the extent of the Hole...How deep is it.... Giants like KQ and Portland Cement and Mumias will slumber half awake as they walk while Agile small firms like Uchumi will Rise up quickly


The hole in uchumi is bigger than in EAPCC


How? Liabilities of 4.7 against asset base of around 3.2B....this what was presented to the court...And now 30% of the liabilities is now noncumulative preference shares while the 40% is discounted offbalance sheet .......do the Maths...vis a is EAPC
Back to top
  |
KaunganaDoDo
#518 Posted : Monday, July 06, 2020 8:33:40 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.


Treasury should allow EAPCC be swallowed by Bamburi cement

True but guys in GoK want to kula the land.
Bamburi has no use for the antique machinery.


Guys in GoK want to eat EAPC land. I met former board chairman Bill Lay in 2018 kwa SGR to Voi....he said EAPC land was target for Rift valley politicians. Murky Boundaries
Back to top
  |
Ericsson
#519 Posted : Monday, July 06, 2020 11:30:22 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KaunganaDoDo wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.


Treasury should allow EAPCC be swallowed by Bamburi cement

True but guys in GoK want to kula the land.
Bamburi has no use for the antique machinery.


Guys in GoK want to eat EAPC land. I met former board chairman Bill Lay in 2018 kwa SGR to Voi....he said EAPC land was target for Rift valley politicians. Murky Boundaries


EAPCC topic will continue in the EAPCC thread.
I don't see how the fourth life/phase of Uchumi will be able to compete with the likes of Naivas,Carrefour and Quickmart.
The prime locations it used to occupy have all been taken up.
Then there is the issue of a tainted reputation which will be hard to convince the customers it has changed.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
obiero
#520 Posted : Tuesday, July 07, 2020 7:32:30 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Ericsson wrote:
KaunganaDoDo wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
KaunganaDoDo wrote:
chiaroscuro wrote:
Na kuna watu bado wananunua hii kitu?


Ask yourself why its still trading... while Guys like Deacons,ARM,Mumias and KQ are all down? They have cleaned their balance sheet with this restructuring...Its now System Go... plus this restructuring was the condition precedent for New Foreign Equity Partners

Government/Taxpayer bailout.
EAPCC and Mumias are other zombies. As was NBK. And KQ.


Treasury should allow EAPCC be swallowed by Bamburi cement

True but guys in GoK want to kula the land.
Bamburi has no use for the antique machinery.


Guys in GoK want to eat EAPC land. I met former board chairman Bill Lay in 2018 kwa SGR to Voi....he said EAPC land was target for Rift valley politicians. Murky Boundaries


EAPCC topic will continue in the EAPCC thread.
I don't see how the fourth life/phase of Uchumi will be able to compete with the likes of Naivas,Carrefour and Quickmart.
The prime locations it used to occupy have all been taken up.
Then there is the issue of a tainted reputation which will be hard to convince the customers it has changed.

They should run it just long enough to clear out with the creditors to an acceptable margin, then wind up

KQ ABP 4.26
Back to top
WWW
  |
60 Pages«<5051525354>»
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.