Wazua
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Uchumi - A value play?
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] Not yet put under administration. This one if you have ksh.100mn you can buy it 100% and delist it Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Will stay in I.C.U for along time with death being the highest possibility "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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mlennyma wrote:Will stay in I.C.U for along time with death being the highest possibility Once they get the money from the sale of their land then the story will change
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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FUNKY wrote:mlennyma wrote:Will stay in I.C.U for along time with death being the highest possibility Once they get the money from the sale of their land then the story will change the land price is way below their debt and the business has lost customers with rent and salaries to settle,it's however good for those who like betting. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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mlennyma wrote:FUNKY wrote:mlennyma wrote:Will stay in I.C.U for along time with death being the highest possibility Once they get the money from the sale of their land then the story will change the land price is way below their debt and the business has lost customers with rent and salaries to settle,it's however good for those who like betting. Once they re stock fully I am sure customers will come back.
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Rank: Member Joined: 8/6/2018 Posts: 299
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[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward....
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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KaunganaDoDo wrote:[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward.... In African culture, the deceased are let to rest. No need discussing past memories constantly
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi
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obiero wrote:KaunganaDoDo wrote:[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward.... In African culture, the deceased are let to rest. No need discussing past memories constantly What about those slowly dying from a terminal illness? 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: 14,211 Location: nairobi
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VituVingiSana wrote:obiero wrote:KaunganaDoDo wrote:[quote=FUNKY]And now this https://www.businessdail...10014-jd9o4q/index.html[/quote] This is Githeri Media at its best....UChumi suppliers Reject debt cut....blablabla.....Business Daily iko na fake Financial Journalists....The suppliers all agreed to the debt restructuring.....the only party that remained was KCB,GoK,ICDC and UBA bank..secured lenders...not suppliers. Its these secured lenders that were given 30 days from September 28 to engage with Uchumi on the way forward.... In African culture, the deceased are let to rest. No need discussing past memories constantly What about those slowly dying from a terminal illness? Diligent prayer
KQ ABP 4.26
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Uchumi - A value play?
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