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Steinhoff


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#3061 Tiekkie

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Posted 01 September 2021 - 08:02 AM

I see it's down 3% in pre market trading. Maybe that dip yesterday spooked the market a little or there is profit taking

Markets don't go up in a straight line
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#3062 Sleepwa123

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Posted 01 September 2021 - 07:57 AM

I see it's down 3% in pre market trading. Maybe that dip yesterday spooked the market a little or there is profit taking
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#3063 new john

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Posted 01 September 2021 - 07:25 AM

Yesterday’s resistance at €21c. Tried a few times to break through.
Today volume will speak volumes.
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#3064 Tiekkie

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Posted 01 September 2021 - 06:51 AM

Are we going to se R4 today or will we trade between R3,30 and R3,70
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#3065 Tiekkie

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Posted 01 September 2021 - 06:37 AM

Tekkie Town - Gehoor vir 3 dae of ontslag na 5 minute...? B)

5 min uitgegooi
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#3066 Squideye

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Posted 01 September 2021 - 05:37 AM

Tekkie Town - Gehoor vir 3 dae of ontslag na 5 minute...?  B)

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#3067 DayTraderDad

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Posted 31 August 2021 - 07:44 PM

and come to think of it he didn't give his usual disclaimer that he is short the share... wonder if he closed his short position

Haha I am very sure he closed all his short positions by now!!! I would not surprise me if he is also now buying!!!


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#3068 Tiekkie

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Posted 31 August 2021 - 07:41 PM

Mr Verster still said tonight on stockwatch that the debt is to big...if no settlement...then bang buy if they reach settlement then its a hold. His story is changing

and come to think of it he didn't give his usual disclaimer that he is short the share... wonder if he closed his short position
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#3069 Tiekkie

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Posted 31 August 2021 - 07:39 PM

Mr Verster still said tonight on stockwatch that the debt is to big...if no settlement...then bang buy if they reach settlement then its a hold. His story is changing
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#3070 Squideye

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Posted 31 August 2021 - 06:02 PM

Jooste & Mattress Firm... B)

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#3071 Tiekkie

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Posted 31 August 2021 - 05:42 PM

don't think SNH needs control of Matress firm...they need cash to settle debt..

plus they need to return value to Shareholders like ourselves. SnH gems is pepco and Pepkor
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#3072 Tiekkie

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Posted 31 August 2021 - 05:40 PM

with only 50.1% holding.....this looks like losing control of the company if they IPO....unless I am missing something...perhaps to settle some of the debt is more important.....

don't think SNH needs control of Matress firm...they need cash to settle debt..
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#3073 Africa1962

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Posted 31 August 2021 - 05:31 PM

why the drop look what happened when they announced the ipo of Pepco....this is all the generate funds for the settlement....positive news

with only 50.1% holding.....this looks like losing control of the company if they IPO....unless I am missing something...perhaps to settle some of the debt is more important.....


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#3074 Tiekkie

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Posted 31 August 2021 - 05:25 PM

yes very manipulative and unethical..... Like in May when their sens said "Steinhoff International Holdings N.V. – Provisional Liquidation Application".....price dropped like a bomb..... i thought that was very unethical of them as it caught many people out thinking that they were applying to be liquidated....

this was done to show creditors how much they stand to loose if they do note vote in favor of the settlement....for the case of TT the won't see a cent in the 2020....way beyond that if the continue with there liquidation application
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#3075 Tiekkie

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Posted 31 August 2021 - 05:23 PM

I think the sudden drop in price had to do with wording. "announces that Mattress Firm is considering a return of share capital" The algorithms saw that as a negative and started selling untill humans got control of the machines after realizing its good news instead of bad news.

why the drop look what happened when they announced the ipo of Pepco....this is all the generate funds for the settlement....positive news
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#3076 DeltaHedge

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Posted 31 August 2021 - 05:20 PM

They need to capitalize on this window of opportunity and list ASAP. Markets are still pumped but might not be the case in the next few years.

Doing it now ensures they get that nice big fat premium.
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#3077 Africa1962

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Posted 31 August 2021 - 05:19 PM

I think the sudden drop in price had to do with wording. "announces that Mattress Firm is considering a return of share capital" The algorithms saw that as a negative and started selling untill humans got control of the machines after realizing its good news instead of bad news.

yes very manipulative and unethical..... Like in May when their sens said "Steinhoff International Holdings N.V. – Provisional Liquidation Application".....price dropped like a bomb..... i thought that was very unethical of them as it caught many people out thinking that they were applying to be liquidated.... 


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#3078 DayTraderDad

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Posted 31 August 2021 - 04:49 PM

Could be. Parallel processes wrt the Settlement proposal, or part of some big play by Management? I just don't want them to rock the boat too much now that we are so close to a Settlement haha. 

I think the sudden drop in price had to do with wording. "announces that Mattress Firm is considering a return of share capital" The algorithms saw that as a negative and started selling untill humans got control of the machines after realizing its good news instead of bad news.


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#3079 Tentative

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Posted 31 August 2021 - 04:42 PM

Could be. Parallel processes wrt the Settlement proposal, or part of some big play by Management? I just don't want them to rock the boat too much now that we are so close to a Settlement haha. 

 

Maybe later today or the next few days already SENS facts. Legal safeguarding before something gets out to the public through leaked sources.... B)


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#3080 Squideye

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Posted 31 August 2021 - 04:37 PM

I also do not understand a SENS - at this do or die time - that states nothing really ... shall we not just get the Settlement through first? Strange.

Maybe later today or the next few days already SENS facts. Legal safeguarding before something gets out to the public through leaked sources.... B)


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