Uchumi Supermarkets PLC (“Uchumi”) is a Kenyan retail supermarket chain. 

It offers groceries, fresh produce, bakery items, decorations, kitchen appliances, and other general merchandise. 

Uchumi operates a network of ~15 branches in Kenya. 

It once operated in Uganda and Tanzania but exited those markets to refocus on its Kenyan operations. 

The company is undergoing restructuring, including debt-to-equity conversions (a major dilution process)

Uchumi manages to steady operations in Kenya, the restructuring shrinks debt burdens, and expense control takes effect. Losses narrow over 2–3 years, positioning it for modest recovery.

A strong strategic investor injects capital, operational overhaul drives turnaround, consumer demand improves, and the business pivots to higher-margin segments (e.g. private label, e-commerce). In that scenario, the stock could see meaningful appreciation, although from a low base.

10/6/2025 06:58EST (Last Price0.40): Favouring that wave 4 is complete and we are on the wave for wave 5.