Jump to content


Photo
* * * * - 7 votes

Steinhoff


  • Please log in to reply
15225 replies to this topic

#2261 Midas1

Midas1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,307 posts

Posted 30 September 2021 - 11:48 AM

you have to bend you knees if you want to jump high, lets hope it's that and not a stumble to only get back up

true


  • 0

#2262 GutfeelTrader

GutfeelTrader

    Member

  • Members
  • PipPip
  • 84 posts

Posted 30 September 2021 - 11:46 AM

you have to bend you knees if you want to jump high, lets hope it's that and not a stumble to only get back up


  • 0

#2263 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 30 September 2021 - 11:43 AM

This is like taking candy from children. Its difficult to keep track of the loading and unloading of my trucks! Hahaha

🤣🤣🤣🤣🤣
  • 0

#2264 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 30 September 2021 - 11:42 AM

there is a VShape again

This is like taking candy from children. Its difficult to keep track of the loading and unloading of my trucks! Hahaha


  • 0

#2265 Midas1

Midas1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,307 posts

Posted 30 September 2021 - 11:41 AM

there is a VShape again

Sorry Tiekkie, what V shape,,on chart?


  • 0

#2266 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 30 September 2021 - 11:37 AM

Haha if you follow the ARIVA forum there are a bunch of gamblers!!!

there is a VShape again
  • 0

#2267 Midas1

Midas1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,307 posts

Posted 30 September 2021 - 11:35 AM

Gone in long here,,,will start praying soon :)


  • 0

#2268 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 30 September 2021 - 11:33 AM

this is not going to last long.

Haha if you follow the ARIVA forum there are a bunch of gamblers!!!


  • 0

#2269 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 30 September 2021 - 11:32 AM

As predicted!!! Haha I love green beer will promote it in the Oktober feest in Germany!!!

this is not going to last long.
  • 0

#2270 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 30 September 2021 - 11:31 AM

Keep cash for the dip those wild Germans going to cause a spike downwards when reality hits!

As predicted!!! Haha I love green beer will promote it in the Oktober feest in Germany!!!


  • 0

#2271 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 30 September 2021 - 11:24 AM

share price under a bit of pressure......people have fingers on the trigger by the looks of it....

Yes well I am buying good opportunity for me!!!


  • 0

#2272 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 30 September 2021 - 11:24 AM

What does that mean for my slow brain squid eye? :D

case postponed till the 4th of October
  • 0

#2273 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 30 September 2021 - 11:23 AM

B) ...

ai ja not the result that we were hoping for
  • 0

#2274 DOA123

DOA123

    Member

  • Members
  • PipPip
  • 80 posts

Posted 30 September 2021 - 11:23 AM

What does that mean for my slow brain squid eye? :D


  • 0

#2275 Squideye

Squideye

    Sage

  • Banned
  • PipPipPipPipPipPip
  • 1,214 posts
  • LocationIPL T20 Venue

Posted 30 September 2021 - 11:20 AM

B) ...

Attached Files


  • 0
Everything in the world is only for those who have eyes to see it...

#2276 Africa1962

Africa1962

    Advanced Member

  • Members
  • PipPipPip
  • 290 posts

Posted 30 September 2021 - 11:15 AM

I think if the judge would have postponed the hearing today we would have known by now. TT probably not getting there way

share price under a bit of pressure......people have fingers on the trigger by the looks of it....


  • 0

#2277 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 30 September 2021 - 11:04 AM

I think if the judge would have postponed the hearing today we would have known by now. TT probably not getting there way
  • 0

#2278 Peanut_Butter

Peanut_Butter

    Member

  • Members
  • PipPip
  • 69 posts

Posted 30 September 2021 - 10:42 AM

Yeah sure that is a great ratio but means squat it only shows financial position of the company i think TT made the real calculation and eliminated the accumulated depreciation decreasing the ppe year to year which ultimately although the value of assets is 1 billion it can actually be sold 5x the book value.

Thanks for this info!

It is interesting SIHPL has Net Assets of Eur 1,328 and Total Liabilities of Eur 6,866 so from where will Mr. Mostert get more money? I think the TT old boys cannot do arithmetic maybe they never did any maths at school!!

Sure they cannot be so stupid that think CW and the MPC claimants will support their cause???

The liabilities exceed the assets by 5.17 times therefore in liquidation TT old boys will only get maximum Eur 21.27 mil of the Eur 110 mil claim!!!

How can the judge entertain a party with a maximum claim of Eur 110 mil to jeopardize the losses of others which have much more to loose

I have a feeling the judge is going to approve the GS today and will tell the TT old boys to continue in court with SNH to sort out their differences.


Edited by Peanut_Butter, 30 September 2021 - 10:43 AM.

  • 0

#2279 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 30 September 2021 - 10:23 AM

I'm also feeling confident about this..

Don't know much about law in liquidation but my understanding the courts always view winding up as last resort. In SNH case they can very well survive if the GS is done and they have the votes so its beyond my imagination why would a judge prevent the GS to wind up the company!!!


  • 0

#2280 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 30 September 2021 - 10:22 AM

Thanks for this info!

It is interesting SIHPL has Net Assets of Eur 1,328 and Total Liabilities of Eur 6,866 so from where will Mr. Mostert get more money? I think the TT old boys cannot do arithmetic maybe they never did any maths at school!!

Sure they cannot be so stupid that think CW and the MPC claimants will support their cause???

The liabilities exceed the assets by 5.17 times therefore in liquidation TT old boys will only get maximum Eur 21.27 mil of the Eur 110 mil claim!!!

How can the judge entertain a party with a maximum claim of Eur 110 mil to jeopardize the losses of others which have much more to loose

I have a feeling the judge is going to approve the GS today and will tell the TT old boys to continue in court with SNH to sort out their differences.

The other question is why didn't they try and block the decision in the Dutch court last week?
  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting