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Steinhoff


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#3321 Bubble

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Posted 11 August 2021 - 08:03 PM

But we were at this level a few months ago. I hope that finally they start moving in the right direction from here. And hopefully we see a sustainable increase in the share price into the future linked to value creation. I still feel that there needs to be significant cost cutting at the head office. The more saved means the more for us.

 

Again, give LdP and that CFO shares instead of pay, and they might stop giving away current shareholder value...because, that is what happened today. They are too scared of Master Wiese to remove some of his loot, rather dilute current shareholders.

 

This might save the company, but you can lower your future expectations.


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#3322 Lionelza1

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Posted 11 August 2021 - 08:00 PM

Ah i believe this is the first time you show concern in your posts? Well done Mr haha

I on the other hand bought in to play the traditional trend. Could either make some ka-ching.... Or see my arse

  

Brilliant News?
Again picking on Zanme and the shorts of Verster?
My God how gullible are folks on this form.
Pie getting smaller and smaller for shareholders and that is brilliant news? 
Long way to go still...Hold onto your hats or better still fasten it with a rope.
 
 
So all here reckon settlement over and done and dusted?
Think again.
 
Lionel will tell you all  how to play this.
( 3 day rally and then back to the drawing board as the mugs and gamblers punt it only to lose it all AGAIN)
 
 
 
 
 
 
 
But wait.
 
 
 
 
 
 
Knock knock
 
 
 
 
Whos there
 
 
 
 
South African Revenue services..
 
 
 
 
 
What do you want. Its too late now
 
 
 
 
 
My share of  the pie that is left over ( nothing to do yet with creditor claims as Sars can take their time and issue assessments be it one year or 5 years from now and going back way  to when the trouble started and even before)
So no missing the boat by Sars cos that is what Steinhoff directors will shout out loud.


Sold out today, wasn't expecting the pump so soon. made 30% in a week on just this trade. Made well over 100% profit with pumping and dumping, buy the rumour sell the fact, gotta love Polly for that.

Still too much uncertainties here for me so I just play on the news
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#3323 Scalptrader

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Posted 11 August 2021 - 07:39 PM

As I can recall SARS has given the go ahead for the transaction to take place that was valid for a year.please correct me if I'm wrong

 

Please do not confuse SARB with SARS.

Totally 2 different entities.

And Sleepy is confused again misses the point ?

 

 

I said SARS!!  Knock knock


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#3324 Zanme

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Posted 11 August 2021 - 07:26 PM

Zanme met a man, so he is concentrating on love more than steinhoff


But we were at this level a few months ago. I hope that finally they start moving in the right direction from here. And hopefully we see a sustainable increase in the share price into the future linked to value creation. I still feel that there needs to be significant cost cutting at the head office. The more saved means the more for us.
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#3325 Sleepwa123

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Posted 11 August 2021 - 07:04 PM

As I can recall SARS has given the go ahead for the transaction to take place that was valid for a year.please correct me if I'm wrong


That's right. If it expires they may need to reapprove. Low risk of them denying it as it's been approved before.
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#3326 Tiekkie

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Posted 11 August 2021 - 06:50 PM

As I can recall SARS has given the go ahead for the transaction to take place that was valid for a year.please correct me if I'm wrong
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#3327 Sleepwa123

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Posted 11 August 2021 - 06:45 PM

No one said it was over. I agree it's got a long way to go but it is worth celebrating the small victories after a long 3 year battle.

Your joke was terrible and your point even worse. Try again.
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#3328 Scalptrader

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Posted 11 August 2021 - 05:54 PM

Brilliant News?

Again picking on Zanme and the shorts of Verster?

My God how gullible are folks on this form.

Pie getting smaller and smaller for shareholders and that is brilliant news? 

Long way to go still...Hold onto your hats or better still fasten it with a rope.

 

 

So all here reckon settlement over and done and dusted?

Think again.

 

Lionel will tell you all  how to play this.

( 3 day rally and then back to the drawing board as the mugs and gamblers punt it only to lose it all AGAIN)

 

 

 

 

 

 

 

But wait.

 

 

 

 

 

 

Knock knock

 

 

 

 

Whos there

 

 

 

 

South African Revenue services..

 

 

 

 

 

What do you want. Its too late now

 

 

 

 

 

My share of  the pie that is left over ( nothing to do yet with creditor claims as Sars can take their time and issue assessments be it one year or 5 years from now and going back way  to when the trouble started and even before)

So no missing the boat by Sars cos that is what Steinhoff directors will shout out loud.


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#3329 Polla

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Posted 11 August 2021 - 05:36 PM

these guys didn't do any due diligence they blindly followed Dr Wiese that was by admission..

But yet Dr Wiese support the settlement... What does that tells you?


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#3330 Tiekkie

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Posted 11 August 2021 - 05:15 PM

I don't think TT will withdraw their case. But looking at the bigger picture and the evidence my gutt-feeling says they've got no case...

these guys didn't do any due diligence they blindly followed Dr Wiese that was by admission..
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#3331 Polla

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Posted 11 August 2021 - 05:04 PM

Will probably hear soon that the Tekkie Town case has been withdrawn as well. By the reaction of the market today

I don't think TT will withdraw their case. But looking at the bigger picture and the evidence my gutt-feeling says they've got no case...


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#3332 DeltaHedge

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Posted 11 August 2021 - 04:01 PM

Lol..where is Zanme is he counting his cash ;)


Zanme met a man, so he is concentrating on love more than steinhoff
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#3333 Sleepwa123

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Posted 11 August 2021 - 02:46 PM

HAHA! 

 

He is outside Steinhoff headquarters watching them spend 1.8 billion in head office costs.


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#3334 Tiekkie

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Posted 11 August 2021 - 02:44 PM

Lol..where is Zanme is he counting his cash ;)
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#3335 DayTraderDad

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Posted 11 August 2021 - 02:33 PM

Will probably hear soon that the Tekkie Town case has been withdrawn as well. By the reaction of the market today

That would be the best news, we could then see the R4.


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#3336 Tiekkie

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Posted 11 August 2021 - 02:19 PM

I think Mr. Verster has a problem today!!! Sorry no ZERO anymore!!!!

I hope he gets hurt today.
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#3337 Tiekkie

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Posted 11 August 2021 - 02:16 PM

Will probably hear soon that the Tekkie Town case has been withdrawn as well. By the reaction of the market today
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#3338 DayTraderDad

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Posted 11 August 2021 - 02:15 PM

HAMILTON WAS SQUEEZING OUT OF COURT. GLAD THEY CAME TO THERE SENSES

I think Mr. Verster has a problem today!!! Sorry no ZERO anymore!!!!


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#3339 Tiekkie

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Posted 11 August 2021 - 02:10 PM

HAMILTON WAS SQUEEZING OUT OF COURT. GLAD THEY CAME TO THERE SENSES
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#3340 Everlearning

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Posted 11 August 2021 - 02:03 PM

DOA123,

 

Confirms that the process of the finalization of Global Settlement is on track and dates and time for the final voting thereof (which is the final step)!

 

Just brilliant news!!!


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