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Uchumi - A value play?
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HaMaina
#591 Posted : Monday, February 24, 2025 9:53:27 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Troubled Uchumi's creditors to know fate of their billions
“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
#592 Posted : Monday, November 17, 2025 11:11:09 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
What's the exitement with 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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mlennyma
#593 Posted : Tuesday, November 18, 2025 9:24:42 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
HaMaina wrote:
What's the exitement with Uchumi??

Very high chances of uchumi ending up the Mumias way
"Don't let the fear of losing be greater than the excitement of winning."
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MaichBlack
#594 Posted : Tuesday, November 18, 2025 11:11:12 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
HaMaina wrote:
What's the exitement with Uchumi??

Kshs. 8.8m profit courtesy of rental income of the Langata Hyper to China Square.

d'oh! d'oh! d'oh!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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mlennyma
#595 Posted : Tuesday, November 18, 2025 1:10:49 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
MaichBlack wrote:
HaMaina wrote:
What's the exitement with Uchumi??

Kshs. 8.8m profit courtesy of rental income of the Langata Hyper to China Square.

d'oh! d'oh! d'oh!

Having lost the Kasarani land to KDF,I think that is their last asset
"Don't let the fear of losing be greater than the excitement of winning."
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