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21 Pages«<1617181920>»
Uchumi - A value play?
VituVingiSana
#341 Posted : Friday, May 25, 2018 7:27:22 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,038
Location: Nairobi
sparkly wrote:
watesh wrote:
The day i will go to Uchumi and find everything i want is the day i will invest, otherwise still waiting patiently for that Nakumatt listing on the stock market


Irony is that Nakumatt tapped out before Uchumi.
The deep pockets of the Taxpayers. EAPCC vs ARM. NBK vs Chase.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#342 Posted : Friday, May 25, 2018 7:33:28 AM
Rank: Elder


Joined: 6/23/2009
Posts: 11,859
Location: nairobi
VituVingiSana wrote:
sparkly wrote:
watesh wrote:
The day i will go to Uchumi and find everything i want is the day i will invest, otherwise still waiting patiently for that Nakumatt listing on the stock market


Irony is that Nakumatt tapped out before Uchumi.
The deep pockets of the Taxpayers. EAPCC vs ARM. NBK vs Chase.

KQ vs KQ
COOP 5,500; KCB 3,700; KQ 221,100
obiero
#343 Posted : Monday, July 02, 2018 10:11:07 PM
Rank: Elder


Joined: 6/23/2009
Posts: 11,859
Location: nairobi
obiero wrote:
VituVingiSana wrote:
Gathige wrote:
VituVingiSana wrote:
Uchumi, Mumias, etc should be declared bankrupt and go the way of Nakumatt.


At lease for Uchumi, it can be rescued through a plan whereby the local suppliers can own it and use it as an avenue to sell their merchandise. The brand still has value, used to stock a lot of locally produced items and has premises in some strategic locations but the management and staff has been thieving

Yes, but it has to be declared bankrupt, delisted and given over to the creditors so they can restructure it. I do not mean Uchumi should be closed BUT it should be owned and controlled by suppliers and employees.

There's no better way forward than what @vvs suggests. This is a small business with no national importance hence no need for GOK influence/support

Uchumi looses yet another key branch. It's over https://www.businessdail...641028-scvg8d/index.html
COOP 5,500; KCB 3,700; KQ 221,100
VituVingiSana
#344 Posted : Wednesday, July 18, 2018 12:42:38 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,038
Location: Nairobi
Almost there!

Uchumi to complete Sh2.8bn Kasarani land sale in one week
https://www.businessdail...68442-55mofs/index.html

No, I will still not invest in Uchumi shares BUT I hope Uchumi can find a strong partner and provide meaningful competition to Carrefour!
Perhaps some suppliers should take a significant stake, and management role, in Uchumi and use it as a major outlet for their products.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Kwiklana
#345 Posted : Thursday, July 19, 2018 12:05:15 PM
Rank: New-farer


Joined: 6/13/2017
Posts: 10
Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?
obiero
#346 Posted : Friday, July 20, 2018 8:06:49 AM
Rank: Elder


Joined: 6/23/2009
Posts: 11,859
Location: nairobi
Kwiklana wrote:
Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?

That property sale should not be a panacea
COOP 5,500; KCB 3,700; KQ 221,100
obiero
#347 Posted : Friday, July 27, 2018 5:55:44 PM
Rank: Elder


Joined: 6/23/2009
Posts: 11,859
Location: nairobi
obiero wrote:
Kwiklana wrote:
Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?

That property sale should not be a panacea

The poor share slid sub 2 bob today
COOP 5,500; KCB 3,700; KQ 221,100
Ericsson
#348 Posted : Saturday, July 28, 2018 11:27:04 PM
Rank: Elder


Joined: 12/4/2009
Posts: 6,870
Location: NAIROBI
obiero wrote:
obiero wrote:
Kwiklana wrote:
Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?

That property sale should not be a panacea

The poor share slid sub 2 bob today


Uchumi should do very fast what Nakumatt did.
Close some branches and remain with just a few to reduce overhead costs.
About 10 branches would be good
Spikes
#349 Posted : Sunday, July 29, 2018 7:57:03 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,568
Location: Mombasa
obiero wrote:
obiero wrote:
Kwiklana wrote:
Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?

That property sale should not be a panacea

The poor share slid sub 2 bob today


Poor share like crap KQ. .Laughing out loudly Laughing out loudly Laughing out loudly
Just like energy that mines it, Bitcoin is never created nor destroyed. ...cryptography 101
obiero
#350 Posted : Sunday, July 29, 2018 8:03:43 AM
Rank: Elder


Joined: 6/23/2009
Posts: 11,859
Location: nairobi
Spikes wrote:
obiero wrote:
obiero wrote:
Kwiklana wrote:
Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?

That property sale should not be a panacea

The poor share slid sub 2 bob today


Poor share like crap KQ. .Laughing out loudly Laughing out loudly Laughing out loudly

Bora uhai 😁😁😁
COOP 5,500; KCB 3,700; KQ 221,100
Spikes
#351 Posted : Sunday, July 29, 2018 10:41:22 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,568
Location: Mombasa
obiero wrote:
Spikes wrote:
obiero wrote:
obiero wrote:
Kwiklana wrote:
Is there something good cooking over here? 1.2M shares traded as at noon!! Watu wa TA mko wapi?

That property sale should not be a panacea

The poor share slid sub 2 bob today


Poor share like crap KQ. .Laughing out loudly Laughing out loudly Laughing out loudly

Bora uhai 😁😁😁


Applause Applause Applause
Just like energy that mines it, Bitcoin is never created nor destroyed. ...cryptography 101
Pirate
#352 Posted : Thursday, August 09, 2018 3:42:38 PM
Rank: Member


Joined: 4/4/2007
Posts: 88
Uchumi seem to be selling their Langata Hypermarket going by an advert on today's paper . Interesting times ahead for the old dog
Knowledge is power , but action gets things done ...
obiero
#353 Posted : Thursday, August 09, 2018 6:47:03 PM
Rank: Elder


Joined: 6/23/2009
Posts: 11,859
Location: nairobi
Pirate wrote:
Uchumi seem to be selling their Langata Hypermarket going by an advert on today's paper . Interesting times ahead for the old dog

This is the third attempt
COOP 5,500; KCB 3,700; KQ 221,100
kawi254
#354 Posted : Thursday, August 09, 2018 8:47:42 PM
Rank: Member


Joined: 2/20/2015
Posts: 309
Location: Nairobi
obiero wrote:
Pirate wrote:
Uchumi seem to be selling their Langata Hypermarket going by an advert on today's paper . Interesting times ahead for the old dog

This is the third attempt


With a caveat placed by KAA who will dare touch that Uchumi Langata land?
obiero
#355 Posted : Thursday, August 09, 2018 9:29:47 PM
Rank: Elder


Joined: 6/23/2009
Posts: 11,859
Location: nairobi
kawi254 wrote:
obiero wrote:
Pirate wrote:
Uchumi seem to be selling their Langata Hypermarket going by an advert on today's paper . Interesting times ahead for the old dog

This is the third attempt


With a caveat placed by KAA who will dare touch that Uchumi Langata land?

It's actually a great hazard as per the KAA report. "Threat of missile launch direct along the flight path"
COOP 5,500; KCB 3,700; KQ 221,100
Chaka
#356 Posted : Friday, August 10, 2018 11:18:09 AM
Rank: Veteran


Joined: 2/16/2007
Posts: 2,079
And then they will franchise that branch..these brick and mortar investments for retailers are a disasater..

Pirate wrote:
Uchumi seem to be selling their Langata Hypermarket going by an advert on today's paper . Interesting times ahead for the old dog

Ericsson
#357 Posted : Friday, August 10, 2018 11:32:14 AM
Rank: Elder


Joined: 12/4/2009
Posts: 6,870
Location: NAIROBI
Chaka wrote:
And then they will franchise that branch..these brick and mortar investments for retailers are a disasater..

Pirate wrote:
Uchumi seem to be selling their Langata Hypermarket going by an advert on today's paper . Interesting times ahead for the old dog



They can be good source of security on the contrary.
Can be sold to pay off debts
kayhara
#358 Posted : Monday, September 24, 2018 1:41:54 PM
Rank: Veteran


Joined: 5/5/2011
Posts: 983
1 bob today hehe
To Each His Own
Ericsson
#359 Posted : Monday, September 24, 2018 3:16:16 PM
Rank: Elder


Joined: 12/4/2009
Posts: 6,870
Location: NAIROBI
kayhara wrote:
1 bob today hehe


The company isn't trading at the moment;none of it's branches is in operational
HaMaina
#360 Posted : Tuesday, December 11, 2018 10:31:34 AM
Rank: Member


Joined: 4/23/2014
Posts: 620
Is there any info on Uchumi, there seems to be unusually high demand for the past 5 days.
β€œYou 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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