If sound companies are struggling in this harsh economy, will this crap survive? ?

Just seen a 90,000 shares bid at Ksh. 1 flat.

#vulturesparadise

I have been visiting this dead cat for last respects for the last six months to sniff the slightest sign of improvement. The empty shelves gave me nothing to write home about. Balls of steel will sitachomeka hapa. So, how much of the Goks injected cents have been burnt here,
These fellas should leases those empty halls to chamas to holding meetings there, or borrow a leaf from ngunzes strategy. Hapa ni kugumu kama mawe.

Its amazing how sales can dip by 50% and operating expenses reduceby 31%, and direct costs up 2%.

Further, those fixed assets weren't they that started all this free fall for this company? after all these years even before Kiano, they have never been sorted?

It isn't right that people are making money exchanging worthless pieces of stock. But I guess that's life!

One day when you buy me a Tusker, I'll tell you why you should never mix rotten potatoes with fresh ones. This company surviving shall be the tales of Business schools worldwide....From my personal experience.

and the unlisted Nakumatt is falling into that.

Just a few days ago at their branch. Wife couldn't find her normal salt, nor the starsoft that she buys....well even the toilet soap was missing.

They have taken down the butchery.

and the liquor section i couldn't find my JD since Dec.

As for Uchumi, nothing is as frustrating as one or two visits without finding what you want to buy. Let it die

Which supermarket chain will survive? Nakumatt might get the $75mn to help it through the year but can Uchumi survive another year? Any idea on Tuskys and Naivas?

These chains [esp Nakumatt and Uchumi] are ripe for a takeover but it needs a good, deep pocketed and experienced operator.

Uchumi can survive if;
--They get a ksh.4-5bn bailout
--Pay out suppliers debt and in turn they will restock the shelf with the necessary stock
--Halt any further expansions and opening of branches.
--Repay the creditors from the revenue generated
--Start opening branches when creditors have been paid

With the strategic locations they have their branches customers who love Uchumi will drive to them

You hit the nail right where it matters. In other words do not imagine some cooked them, cause the doctor says the patient belongs to the mortician. I can not touch this full blown Ebola case, not even with a mile pole. Eti auditors sincirely distanced themselves from this shenaniganism.
Something must give in for some traders to make sense how gold turns to dust in this NSE. CMA my harssh.
Jesus, and you can't even imagine somebody is sinking all his life into this dead beat monkey.
With this I open a list of blacklisted non investables since CMA has failed to it.