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Uchumi - A value play?
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:The headline and content are two different things. Suppliers are reluctant to give Uchumi stock CEO is trying but suppliers have been choma'd over and over again. In today's tough economy why take the risk of giving credit? Uchumi is as good as dead 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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What's the excitement over Uchumi today?? “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: 4/23/2014 Posts: 909
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Uchumi Website CountDownAny news on Uchumi?? Their website has been counting down for about 2 weeks now. “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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Uchumi Aga Khan walk shut. The space is being renovated for a new tenant,most likely Naivas to take over Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand. Now even wonder why is the share still trading. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand. Yes it was. The building that Chris Kirubi sold then Uchumi leased back. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:Uchumi Aga Khan walk shut.
The space is being renovated for a new tenant,most likely Naivas to take over Wasn't this the original branch? The HQ was located in that building. The death of a once solid Kenyan brand. Yes it was. The building that Chris Kirubi sold then Uchumi leased back. Naivas is taking it, confirmed. Will miss the Uchumi bread and sandwiches dearly
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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KDF ups fight for Uchumi assets with purchase deal“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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I see the shareholder finally walking out empty handed "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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Uchumi is looking quite happy and tasty this month, very good prices.  “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: 7/1/2014 Posts: 903 Location: sky
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HaMaina wrote:Uchumi is looking quite happy and tasty this month, very good prices. dont joke around with these kind of stocks, chances of becoming a hostage are very high, you can wake up one day and boom, notice of suspension 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: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mlennyma wrote:I see the shareholder finally walking out empty handed KDF doesn't own land hence KDF cannot buy and hold land. The land will be taken over by KDF but registered in some private hands. Just like KDF claims it took over the land from some Israelis but the land was allocated to Moi who sold it to Uchumi. Life is short. Live passionately.
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Rank: Veteran Joined: 4/23/2014 Posts: 909
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Uchumi Supermarkets to Hold Meet with Creditors, Members“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: 4/23/2014 Posts: 909
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KDF okays partial sale of Uchumi Kasarani property“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: 4/23/2014 Posts: 909
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Church demands Sh400m refund from 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: 4/23/2014 Posts: 909
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Uchumi Supermarkets to Hold Meet with Creditors, Members“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: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Funeral Committee? 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: 13,515 Location: nairobi
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Maybe a memorial. The firm died ages ago
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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Maybe a memorial. The firm died ages ago
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Uchumi - A value play?
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