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#2221 DOA123

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Posted 04 October 2021 - 08:19 AM

Which case is this though?

 

The TT one or another one?

 

There seems to be alot xD 


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#2222 Bubble

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Posted 04 October 2021 - 08:17 AM

Good news? Bad news?

 

Good, they lost with cost.


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#2223 DayTraderDad

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Posted 04 October 2021 - 08:16 AM

Good news? Bad news?

Good news? Bad news?


It looks like good news!
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#2224 DOA123

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Posted 04 October 2021 - 08:05 AM

http://www.saflii.or...C/2021/193.html

Lancaster 101 (RF) (Pty) Limited v Steinhoff International Holding NV and Others (16389/19; 6578/19) [2021] ZAWCHC 193 (29 September 2021)

 

Good news? Bad news?


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#2225 DayTraderDad

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Posted 04 October 2021 - 07:54 AM


http://www.saflii.or...C/2021/193.html

Lancaster 101 (RF) (Pty) Limited v Steinhoff International Holding NV and Others (16389/19; 6578/19) [2021] ZAWCHC 193 (29 September 2021)
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#2226 DayTraderDad

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Posted 04 October 2021 - 06:57 AM

Aussieland...


Good news!


https://insideretail...t-brands-202110

"The financial and operational strength of Greenlit Brands, underpinned by our solid balance sheet and our suite of iconic brands – all of which are profitable – puts us in a strong position to continue to build remarkable retail businesses and to create value.”
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#2227 Squideye

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Posted 04 October 2021 - 06:00 AM

Aussieland...

Attached Files


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Everything in the world is only for those who have eyes to see it...

#2228 Squideye

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Posted 03 October 2021 - 02:37 PM

I think they should replace all the lawyers and accountants that they are paying billions to and rather hire Zanme. He knows how to fix everything.

Zanme maak 'n plan...
 
1l Klipies
2l Coke
3l Cortina
:D

Edited by Squideye, 03 October 2021 - 02:38 PM.

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Everything in the world is only for those who have eyes to see it...

#2229 Sleepwa123

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Posted 03 October 2021 - 10:20 AM

I think they should replace all the lawyers and accountants that they are paying billions to and rather hire Zanme. He knows how to fix everything.
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#2230 Trader001

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Posted 02 October 2021 - 11:35 PM

Don’t be mad Mr. Zanme it’s only 30million rand… for all you know it might be an agreement that happend behind the doors to square things with Tekkie Town and the others….

The rise of Conspiracy theories

1. Covid vaccines introduced to sterlise people in order to control  World population growth

2. Zanme's  Steinhoff Conspiracy: The  management team wants to drive the  company into the ground  for their own benefits


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#2231 Peanut_Butter

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Posted 02 October 2021 - 11:13 PM

Not if you buy crypto through a broker 🤩

hahaha.. no... because you can lose currency from your wallet and if you lose your password or forget it, you will lose everything


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#2232 Trader001

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Posted 02 October 2021 - 11:11 PM

Is anyone here dipping their toes in crypto currency?

hahaha.. no... because you can lose currency  from your wallet and if you lose your password or forget it,  you will lose everything


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#2233 Peanut_Butter

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Posted 02 October 2021 - 10:35 PM

Don’t be mad Mr. Zanme it’s only 30million rand… for all you know it might be an agreement that happend behind the doors to square things with Tekkie Town and the others….
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#2234 Peanut_Butter

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Posted 02 October 2021 - 10:32 PM

Is anyone here dipping their toes in crypto currency?
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#2235 Peanut_Butter

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Posted 02 October 2021 - 10:27 PM

Ahhh man I need to start buying preference shares
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#2236 Zanme

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Posted 02 October 2021 - 06:09 PM

Oh hi Zanme. How are you?


Not good how can these guys get away with this. No a cent of capital was injected and the company is surviving with over R50 billion in payouts. It just doesn't add up to me. How can litigants get payouts when the company is surviving. The fattest litigant was responsible for this mess. Louis created this scenario to justify his ridiculous salary and like sheep nobody challenges. He could have changed the dialog refused a settlement and just made the group survive in a healthy way which it is more than capable of doing. Soon he will be knocking on our doors for money. After dishing out half of our assets.
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#2237 Sleepwa123

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Posted 02 October 2021 - 11:36 AM

Oh hi Zanme. How are you?
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#2238 Zanme

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Posted 02 October 2021 - 10:23 AM

Another poor display by management if they were smart enough this should have been converted into ordinary shares through clever negotiation. They are the destroyer of wealth not Markus all the assets are intact even Matr
Matress firm. Management created a self fullfilling prophecy together with auditors and Stellenbosch. Where is Markus I ask you. Where are shareholders where is Christo.


They have literally pissed away assets debt has just grown assets decreased its mind boggling for anyone to support this grossly incompetent management team and the trajectory that they put a group that had great assets. They had misstatements but what brought the share price down was it the true value of Steinhoff or was it managements management of this thing. Over R50 billion has been pissed away to claimants and consultants. Interest rate at 10 percent. We won't mention the over billion that they paid themselves to throw away our assets this whole thing in my mind is illogical.
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#2239 Zanme

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Posted 02 October 2021 - 10:15 AM

unfortunately its the ordinary share holders that's feeling the pain.


Another poor display by management if they were smart enough this should have been converted into ordinary shares through clever negotiation. They are the destroyer of wealth not Markus all the assets are intact even Matr
Matress firm. Management created a self fullfilling prophecy together with auditors and Stellenbosch. Where is Markus I ask you. Where are shareholders where is Christo.
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#2240 Tiekkie

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Posted 02 October 2021 - 07:14 AM

This is the third year they paying dividends to preference shares after the 7 Dec 2017 crash?

I dont believe SNH is cash strapped. They have loans that need to be rescheduled once the GS are completed (step 3) but very sure in the near term even ordenary shareholders can expect a dividend.

unfortunately its the ordinary share holders that's feeling the pain.
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