Wazua
»
Investor
»
Stocks
»
Uchumi - A value play?
Rank: Veteran Joined: 4/23/2014 Posts: 931
|
Ericsson wrote:After paying the debts is there anything that will be left for them to reopen branches Its possible, I think the agreement was the big debts were to be paid over 5 years.The problem is the leadership. If Uchumi manages to raise some funds and maintain forward thinking leaders I think it can happen. “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
|
|
|
Rank: Veteran Joined: 4/23/2014 Posts: 931
|
Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. “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
|
|
|
Rank: Member Joined: 8/6/2018 Posts: 299
|
HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
|
KaunganaDoDo wrote:HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks Perhaps some shareholders and creditors expect GoK to bail out Uchumi. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 8/6/2018 Posts: 299
|
VituVingiSana wrote:KaunganaDoDo wrote:HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks Perhaps some shareholders and creditors expect GoK to bail out Uchumi. There is no Government Bailout...Uchumi has already restructured its Balance sheet...and has assets to gain Operating Liquidity.Currently it has a portal where Suppliers are registering their claims for verification and Payment... Now as we speak, Uchumi can even Buy Out Tuskys.Counters with some Government shareholding are prone to mismanagement but are safe bets against zero collapse
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
|
KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks Perhaps some shareholders and creditors expect GoK to bail out Uchumi. There is no Government Bailout...Uchumi has already restructured its Balance sheet...and has assets to gain Operating Liquidity.Currently it has a portal where Suppliers are registering their claims for verification and Payment... Now as we speak, Uchumi can even Buy Out Tuskys.Counters with some Government shareholding are prone to mismanagement but are safe bets against zero collapse Were it not for Gok backing,suppliers and creditors/banks would have acted ruthlessly on Uchumi similar to the way they are doing to Tuskys. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Member Joined: 8/6/2018 Posts: 299
|
Ericsson wrote:KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks Perhaps some shareholders and creditors expect GoK to bail out Uchumi. There is no Government Bailout...Uchumi has already restructured its Balance sheet...and has assets to gain Operating Liquidity.Currently it has a portal where Suppliers are registering their claims for verification and Payment... Now as we speak, Uchumi can even Buy Out Tuskys.Counters with some Government shareholding are prone to mismanagement but are safe bets against zero collapse Were it not for Gok backing,suppliers and creditors/banks would have acted ruthlessly on Uchumi similar to the way they are doing to Tuskys. Whats happening to Tuskys happened to Uchumi...But because of government hands,The Banks and Creditors agreed to the Company Voluntary Arrangement....this is what Tuskys is looking for. They won't get it.
|
|
|
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
|
KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks Perhaps some shareholders and creditors expect GoK to bail out Uchumi. There is no Government Bailout...Uchumi has already restructured its Balance sheet...and has assets to gain Operating Liquidity.Currently it has a portal where Suppliers are registering their claims for verification and Payment... Now as we speak, Uchumi can even Buy Out Tuskys.Counters with some Government shareholding are prone to mismanagement but are safe bets against zero collapse Were it not for Gok backing,suppliers and creditors/banks would have acted ruthlessly on Uchumi similar to the way they are doing to Tuskys. Whats happening to Tuskys happened to Uchumi...But because of government hands,The Banks and Creditors agreed to the Company Voluntary Arrangement....this is what Tuskys is looking for. They won't get it. When are the foreign investors finalizing deal?
|
|
|
Rank: Veteran Joined: 4/23/2014 Posts: 931
|
FUNKY wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks Perhaps some shareholders and creditors expect GoK to bail out Uchumi. There is no Government Bailout...Uchumi has already restructured its Balance sheet...and has assets to gain Operating Liquidity.Currently it has a portal where Suppliers are registering their claims for verification and Payment... Now as we speak, Uchumi can even Buy Out Tuskys.Counters with some Government shareholding are prone to mismanagement but are safe bets against zero collapse Were it not for Gok backing,suppliers and creditors/banks would have acted ruthlessly on Uchumi similar to the way they are doing to Tuskys. Whats happening to Tuskys happened to Uchumi...But because of government hands,The Banks and Creditors agreed to the Company Voluntary Arrangement....this is what Tuskys is looking for. They won't get it. When are the foreign investors finalizing deal? Which foreign inverters are these? “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
|
|
|
Rank: Veteran Joined: 4/23/2014 Posts: 931
|
HaMaina wrote:FUNKY wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:HaMaina wrote:Whats caused this sudden Uchumi drop?? Nice buy though but I don't understand. Funny this world. Uchumi is outlasting Tuskys, Nakumatt , its richer younger Siblings...Tuskys is now copying Uchumi's survival tactics but without any tangible asset to liquidate and pay its creditors/banks Perhaps some shareholders and creditors expect GoK to bail out Uchumi. There is no Government Bailout...Uchumi has already restructured its Balance sheet...and has assets to gain Operating Liquidity.Currently it has a portal where Suppliers are registering their claims for verification and Payment... Now as we speak, Uchumi can even Buy Out Tuskys.Counters with some Government shareholding are prone to mismanagement but are safe bets against zero collapse Were it not for Gok backing,suppliers and creditors/banks would have acted ruthlessly on Uchumi similar to the way they are doing to Tuskys. Whats happening to Tuskys happened to Uchumi...But because of government hands,The Banks and Creditors agreed to the Company Voluntary Arrangement....this is what Tuskys is looking for. They won't get it. When are the foreign investors finalizing deal? Which foreign inverters are these? Any new info on Uchumi? Jana I even managed a purchase @ 0.25 bob.Today no supply. Hii kitu haieleweki kwa sasa. “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
|
|
|
Wazua
»
Investor
»
Stocks
»
Uchumi - A value play?
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.
|