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27 Pages«<2122232425>»
Uchumi - A value play?
RIEK01
#441 Posted : Friday, December 06, 2019 11:33:17 PM
Rank: New-farer


Joined: 2/8/2018
Posts: 67
Guys, stop wasting your time, this thing is dead, get the 35 cents use it for Christmas.
Ericsson
#442 Posted : Wednesday, December 11, 2019 12:50:58 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,717
Location: NAIROBI
Kenyan court allows Uchumi Supermarkets to present a second voluntary arrangement to creditors. If creditors reject Uchumi's proposal again, matter will go into full hearing on April 8 -- Bloomberg
KaunganaDoDo
#443 Posted : Wednesday, December 11, 2019 2:28:26 PM
Rank: Member


Joined: 8/6/2018
Posts: 266
Ericsson wrote:
Kenyan court allows Uchumi Supermarkets to present a second voluntary arrangement to creditors. If creditors reject Uchumi's proposal again, matter will go into full hearing on April 8 -- Bloomberg


10Million Shares change hands...the highest in 10 years
Ericsson
#444 Posted : Wednesday, December 11, 2019 3:33:36 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,717
Location: NAIROBI
KaunganaDoDo wrote:
Ericsson wrote:
Kenyan court allows Uchumi Supermarkets to present a second voluntary arrangement to creditors. If creditors reject Uchumi's proposal again, matter will go into full hearing on April 8 -- Bloomberg


10Million Shares change hands...the highest in 10 years

Shareholding changes
FUNKY
#445 Posted : Friday, December 13, 2019 1:39:42 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,618
Heavy trading on uchumi shares today also
Ebenyo
#446 Posted : Monday, December 16, 2019 7:07:49 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,848
Location: Kitale
FUNKY wrote:
Heavy trading on uchumi shares today also





vultures usually scramble for a carcass.
Towards the goal of financial freedom
HaMaina
#447 Posted : Monday, December 16, 2019 11:37:55 AM
Rank: Member


Joined: 4/23/2014
Posts: 747
Ebenyo wrote:
FUNKY wrote:
Heavy trading on uchumi shares today also





vultures usually scramble for a carcass.


I've also never heard of a vulture that died of hunger. They must be doing something right.
“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
babashuge
#448 Posted : Tuesday, December 17, 2019 10:55:14 AM
Rank: New-farer


Joined: 1/4/2019
Posts: 47
Location: Nairobi
... this thing is still listed! For those still actively trading here, give us a good show
FUNKY
#449 Posted : Wednesday, December 18, 2019 10:10:49 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,618
I have a feeling like naivas took over all the remaining 6 nakumatt branches something similar might be in the offing for uchumi....these are just my two cents I can be wrong also!
KaunganaDoDo
#450 Posted : Wednesday, December 18, 2019 10:21:05 AM
Rank: Member


Joined: 8/6/2018
Posts: 266
FUNKY wrote:
I have a feeling like naivas took over all the remaining 6 nakumatt branches something similar might be in the offing for uchumi....these are just my two cents I can be wrong also!


False Rumours...Uchumi has secured creditors restructuring...People have been saying so for the last 2 years, but see, its still around...and those that doesnt do research will continue making such promulgation, but Uchumi will not be folding up anytime soon...

madhaquer
#451 Posted : Wednesday, December 18, 2019 11:15:57 AM
Rank: Member


Joined: 11/10/2010
Posts: 254
Location: Nairobi
KaunganaDoDo wrote:
FUNKY wrote:
I have a feeling like naivas took over all the remaining 6 nakumatt branches something similar might be in the offing for uchumi....these are just my two cents I can be wrong also!


False Rumours...Uchumi has secured creditors restructuring...People have been saying so for the last 2 years, but see, its still around...and those that doesnt do research will continue making such promulgation, but Uchumi will not be folding up anytime soon...



Uchumi still around as a going concern or as wishful thinking ?
KaunganaDoDo
#452 Posted : Wednesday, December 18, 2019 12:13:19 PM
Rank: Member


Joined: 8/6/2018
Posts: 266
madhaquer wrote:
KaunganaDoDo wrote:
FUNKY wrote:
I have a feeling like naivas took over all the remaining 6 nakumatt branches something similar might be in the offing for uchumi....these are just my two cents I can be wrong also!


False Rumours...Uchumi has secured creditors restructuring...People have been saying so for the last 2 years, but see, its still around...and those that doesnt do research will continue making such promulgation, but Uchumi will not be folding up anytime soon...



Uchumi still around as a going concern or as wishful thinking ?

If it has survived the last 3 years, then it is a going Concern....Nakumatt, Choppies et al have died ...This one is still with suppliers' goodwill....It can only die when it dies. Going concern is as a result of creditors action in the next trading period, which to Uchumi are positives...
RIEK01
#453 Posted : Wednesday, December 18, 2019 12:17:59 PM
Rank: New-farer


Joined: 2/8/2018
Posts: 67
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.
KaunganaDoDo
#454 Posted : Wednesday, December 18, 2019 1:42:29 PM
Rank: Member


Joined: 8/6/2018
Posts: 266
RIEK01 wrote:
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.


Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often?
FUNKY
#455 Posted : Sunday, December 29, 2019 8:50:51 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,618
obiero
#456 Posted : Sunday, December 29, 2019 8:35:17 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,791
Location: nairobi
KaunganaDoDo wrote:
RIEK01 wrote:
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.


Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often?

GoK firms die a hard stubborn death. Look at EAPCC, MSC, NBK, KENRE, KQ
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
VituVingiSana
#457 Posted : Monday, December 30, 2019 9:27:09 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,174
Location: Nairobi
obiero wrote:
KaunganaDoDo wrote:
RIEK01 wrote:
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.


Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often?

GoK firms die a hard stubborn death. Look at EAPCC, MSC, NBK, KENRE, KQ
Liar Profit after Profit after Profit Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Angelica _ann
#458 Posted : Monday, December 30, 2019 11:15:10 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,677
VituVingiSana wrote:
obiero wrote:
KaunganaDoDo wrote:
RIEK01 wrote:
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.


Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often?

GoK firms die a hard stubborn death. Look at EAPCC, MSC, NBK, KENRE, KQ
Liar Profit after Profit after Profit Laughing out loudly


Why would Kenya Re be in that list?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#459 Posted : Monday, December 30, 2019 5:45:58 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,791
Location: nairobi
Angelica _ann wrote:
VituVingiSana wrote:
obiero wrote:
KaunganaDoDo wrote:
RIEK01 wrote:
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.


Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often?

GoK firms die a hard stubborn death. Look at EAPCC, MSC, NBK, KENRE, KQ
Liar Profit after Profit after Profit Laughing out loudly


Why would Kenya Re be in that list?

I had missed Chief. Isnt it obvious
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
Ebenyo
#460 Posted : Monday, December 30, 2019 7:09:52 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,848
Location: Kitale
obiero wrote:
KaunganaDoDo wrote:
RIEK01 wrote:
Uchumi is dead.If this was listed in the NYSE would it still be trading?

The noose is tightening by the day,Landlords are kicking them out one by one the last being BuruBuru earlier this month.

When a company has not published its results for 2.5 years ( June 2018 and June 2019) now going to Dec 19, one does not need to be a rocket scientist to know that there is a serious problem that releasing the results will cause a collapse.

It is sad that people take so long to open there eyes to reality. Anyway the its your money and thus you have the prerogative on how to use it.

When the inevitable happens, investors should consider class action against CMA for not taking preventative measures in protecting member of the public.


Please dont go away, You will be reminded of this when time comes. How can it die 5 times? it died in 2015, it died in 2016, it died in 2017, it died in 2018, it died in 2019? surely , one person can not die this quite often?

GoK firms die a hard stubborn death. Look at EAPCC, MSC, NBK, KENRE, KQ



NBK has been bought by kcb group.Now stable.
Towards the goal of financial freedom
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