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Research Report: Under Valued Uchumi In a HyperInflation Environment
the deal
#1 Posted : Thursday, December 08, 2011 7:11:20 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Uchumi Kenya's only listed supermarket/retailer's share price at the Nairobi Securities Exchange (NSE) has plunged despite the retailer recently embarking on an expansion drive which saw it open a new shop in neighbouring Tanzania, the retailer also recently releasing decent full year results, in the year ending 30 June 2011, the retailer increased it's customer numbers by 10% and revenue grew by a modest 13%, Uchumi's one Year return at the NSE stands at -53%.

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Cde Monomotapa
#2 Posted : Friday, December 09, 2011 9:25:57 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Diamond in the rough.
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