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Steinhoff


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#3341 DOA123

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Posted 11 August 2021 - 01:57 PM

What does this mean?

 

I get that the before part was good news.

 

But not sure what this means? -

 

- Notices In Terms Of Section 155 Of The Companies Act 71 Of 2008 Relating To SIHPL @ https://www.sharenet...0&seq=50&scode=


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#3342 Squideye

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Posted 11 August 2021 - 01:47 PM

Notices In Terms Of Section 155 Of The Companies Act 71 Of 2008 Relating To SIHPL @ https://www.sharenet...0&seq=50&scode=


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#3343 Squideye

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Posted 11 August 2021 - 01:25 PM

Steinhoff kry steun met nog R3,2 mjd. vir skikking.

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#3344 Tiekkie

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Posted 11 August 2021 - 12:22 PM

Steinhoff ups settlement offer by another R3 billion in bid to sweeten deal for claimants https://www.news24.c...imants-20210811
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#3345 Squideye

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Posted 11 August 2021 - 11:50 AM

:D ...

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#3346 Everlearning

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Posted 11 August 2021 - 11:38 AM

Brillaint News, best in the last few months, :) !!!

 

See LdP and his team have been in heavy clever negotiations that has seen them systematically removing obstacles to conclude the settlement.

 

From what they have achieved and carefully reading through second SENS release, it is clear we are still on track with the dates previously indicated.

 

Believe we will start seeing a firming of the price and possibly a few new entrants now starting to accumulate on this news which is the most possitive we have had for a while!

 

Wednesday, "sports parade" this afterenoon and couple of early green ones  :D !!!

.


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#3347 Tiekkie

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Posted 11 August 2021 - 11:32 AM

FOMO is going to kick in and we'll see lots of buyers coming now
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#3348 Lionelza1

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Posted 11 August 2021 - 11:28 AM

Also jumped back in at R1.84 and Eur 0.1040 so my loss of profit is limited.


Haha, u sold 50% at R1.60 and u buying at R1. 80? U buying high selling low again?
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#3349 DayTraderDad

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Posted 11 August 2021 - 11:24 AM

I wonder what negative story Ann is going to come up with now :)

Haha think she has now run out of ideas. Maybe needs to double the green beer to find something!!!


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#3350 Tiekkie

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Posted 11 August 2021 - 11:20 AM

I thinks is just re-balancing after the fast rise (also short covering maybe) but I am quite sure we will close on or above the Eur 0.12 today

I wonder what negative story Ann is going to come up with now :)
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#3351 DayTraderDad

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Posted 11 August 2021 - 11:12 AM

classic day trading going on...guys made 20% now they dumping again

I thinks is just re-balancing after the fast rise (also short covering maybe) but I am quite sure we will close on or above the Eur 0.12  today


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#3352 Tiekkie

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Posted 11 August 2021 - 11:02 AM

Also jumped back in at R1.84 and Eur 0.1040 so my loss of profit is limited.

classic day trading going on...guys made 20% now they dumping again
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#3353 DayTraderDad

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Posted 11 August 2021 - 10:59 AM

Haha not quite most of that I sold was bought below the R1.00. Hoping to go past the Eur 0.12 today!!!

Also jumped back in at R1.84 and Eur 0.1040 so my loss of profit is limited.


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#3354 DayTraderDad

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Posted 11 August 2021 - 10:57 AM

So after years of following & contributing here - you missed out on the jump as you sold 50% due to cold feet? I feel sorry for you, but also a prime example why day trading is a losers game in the end..

 

I certainly hope we've left the 10 cent station for good now. Then again, this is Steinhoff so we're probably in for a few more twists & turns haha.

Haha not quite most of that I sold was bought below the R1.00. Hoping to go past the Eur 0.12 today!!!


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#3355 Tiekkie

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Posted 11 August 2021 - 10:53 AM

So after years of following & contributing here - you missed out on the jump as you sold 50% due to cold feet? I feel sorry for you, but also a prime example why day trading is a losers game in the end..

I certainly hope we've left the 10 cent station for good now. Then again, this is Steinhoff so we're probably in for a few more twists & turns haha.

volumes Still slow...hopefully Mr Market will wake up this afternoon
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#3356 Tentative

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Posted 11 August 2021 - 10:49 AM

So after years of following & contributing here - you missed out on the jump as you sold 50% due to cold feet? I feel sorry for you, but also a prime example why day trading is a losers game in the end..

 

I certainly hope we've left the 10 cent station for good now. Then again, this is Steinhoff so we're probably in for a few more twists & turns haha.

 

Very good news so now only TT!!!


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#3357 Tiekkie

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Posted 11 August 2021 - 10:46 AM

Very good news so now only TT!!!

Tradegate is moving
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#3358 DayTraderDad

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Posted 11 August 2021 - 10:39 AM

sounds like good news

Very good news so now only TT!!!


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#3359 Tiekkie

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Posted 11 August 2021 - 10:19 AM

7% up so far long may it last glad I held with diamond hands
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#3360 Tiekkie

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Posted 11 August 2021 - 10:11 AM

Separately, SIHPL has concluded to amend the SIHPL Section 155 Proposal to provide that

Trevo will be treated as a Non-Qualifying Claimant, instead of as a SIHPL Market Purchase

Claimant as previously proposed. Steinhoff believes that this approach removes Trevo’s legal

standing in the Section 155 proposal, and provides a basis for the discontinuance of Trevo’s

further participation in the class composition application that has been brought in the Cape

Town High Court, the hearing of which is currently adjourned to 13 August 2021.

sounds like good news
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