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Uchumi - A value play?
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FUNKY
#551 Posted : Monday, February 01, 2021 9:42:29 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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HaMaina
#552 Posted : Tuesday, March 09, 2021 12:54:50 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Uchumi is proving to be strange, yesterday I was making purchases @ 0.25 bob, with a very good supply @ 0.26, 0.27, 0.28. Today nobody is selling @ whatever price.
“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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Ali Baba
#553 Posted : Tuesday, March 09, 2021 1:35:55 PM
Rank: Member

Joined: 8/29/2008
Posts: 573
HaMaina wrote:
Uchumi is proving to be strange, yesterday I was making purchases @ 0.25 bob, with a very good supply @ 0.26, 0.27, 0.28. Today nobody is selling @ whatever price.

Maina, stop buying Uchumi. Buy some beer instead
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Ericsson
#554 Posted : Tuesday, March 09, 2021 2:41:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ali Baba wrote:
HaMaina wrote:
Uchumi is proving to be strange, yesterday I was making purchases @ 0.25 bob, with a very good supply @ 0.26, 0.27, 0.28. Today nobody is selling @ whatever price.

Maina, stop buying Uchumi. Buy some beer instead


Maina wants to be in the Hall of Fame list aka top ten shareholders of a listed company.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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HaMaina
#555 Posted : Wednesday, March 10, 2021 7:32:28 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Ericsson wrote:
Ali Baba wrote:
HaMaina wrote:
Uchumi is proving to be strange, yesterday I was making purchases @ 0.25 bob, with a very good supply @ 0.26, 0.27, 0.28. Today nobody is selling @ whatever price.

Maina, stop buying Uchumi. Buy some beer instead


Maina wants to be in the Hall of Fame list aka top ten shareholders of a listed company.


I'm sure that by June and latest December, you shall be eating your words.smile
Quote:
“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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Ali Baba
#556 Posted : Wednesday, March 10, 2021 10:14:10 PM
Rank: Member

Joined: 8/29/2008
Posts: 573
HaMaina wrote:
Ericsson wrote:
Ali Baba wrote:
HaMaina wrote:
Uchumi is proving to be strange, yesterday I was making purchases @ 0.25 bob, with a very good supply @ 0.26, 0.27, 0.28. Today nobody is selling @ whatever price.

Maina, stop buying Uchumi. Buy some beer instead


Maina wants to be in the Hall of Fame list aka top ten shareholders of a listed company.


I'm sure that by June and latest December, you shall be eating your words.smile
Quote:
I'll be here. Let me know when to eat my words.
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HaMaina
#557 Posted : Friday, April 09, 2021 12:19:51 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Sad Why aren't people selling like they were yesterday??
“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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HaMaina
#558 Posted : Friday, June 11, 2021 9:37:22 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Uchumi upbeat of comeback as it re-stocks branches
“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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Ericsson
#559 Posted : Friday, June 11, 2021 9:44:17 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
HaMaina wrote:
Uchumi upbeat of comeback as it re-stocks branches



The headline and content are two different things.
Suppliers are reluctant to give Uchumi stock
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#560 Posted : Friday, June 11, 2021 3:35:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Ericsson wrote:
HaMaina wrote:
Uchumi upbeat of comeback as it re-stocks branches


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?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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