looking at that chart gives me sweet memories, i will start mobilizing funds for the rights issue

I'm appalled by the state of their supermarkets. They cant compete with nakumatt, they need to maintain and improve their facilities. Unless their target are ppl who do not care about that which i doubt.
Nakumatt prestige for example looks better with time.
If they do not improve their image, infrastructure and facilties, they cant attract the kind of customers that are needed to make them grow properly. The recovery phase has gone well, now i think its time to grow. end rant.

The company is doing well so, theres cash to be made, but what's their aim? to be one of the market leaders or just a chain of over-glorified kiosks. ok that last one was low even for my standards. I just feel they have potential to be better and more

Uchumi postpones rights issue as share hits two-year low
http://www.businessdaily...2/-/11gba7a/-/index.html

Exiting Shareholders doing what they know best: bringing down their companies' value by panic selling. Even when SAFCOM was @2.8 some thought is should come further down to 0.sth
Wazua, At what price will UCHM bottom? Am having some appetite for this stock against my wish to reduce stocks with gok holding.

Treasury pledge to take up Uchumi shares unlocks issue

“We are now ready to proceed with the rights issue whose timetable should be out in a week or two,” Mr Ciano told the Business Daily.

http://www.businessdailyafrica....8/-/akl7ubz/-/index.html

Coming at a time when bear has camped at counter. They lost a good opportunity when it was at c20/-