15225 replies to this topic

[CasualTrader]

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.

 

[CasualTrader]

Steinhoff has received confirmation that the Active Claimant Group, Hamilton, supports in
principle the Steinhoff global settlement based on this increased contribution by SIHPL. SIHPL
has also received confirmation that four large Steinhoff financial creditors will support the
revised proposal.

[CasualTrader]

Looks like Hamiltons on board

[DayTraderDad]

Why u selling 50% DTD? You feeling sick from the roller coaster? 
 
Seriously though, I think its going to be a bumpy ride for a bit. I'm getting the sense that things are likely to be delayed further with all the legal noise...

Haha no just geting ready in case the hearing ruling makes the Global Settlement void and the whole process to start all over again then we can expect a sharp fall. I agree with you, for me with all the issues at hand cannot see the voting on the 3 rd September taking place. Lets hope the pigs with lipstic will disapear.

[Sleepwa123]

Why u selling 50% DTD? You feeling sick from the roller coaster? 

 

Seriously though, I think its going to be a bumpy ride for a bit. I'm getting the sense that things are likely to be delayed further with all the legal noise...

[DayTraderDad]

Seems like everyone sold there shares on the group:)

I sold 50% of my holding and now waiting!!! Haha the typical Steinhoff saga "Friday 13th"

Edited by DayTraderDad, 10 August 2021 - 08:45 PM.

[GutfeelTrader]

Seems like everyone sold there shares on the group:)

If only, not sure if I should hold my breath or pray

[Tiekkie]

Seems like everyone sold there shares on the group:)

[Squideye]

The Pepkor supply chain is again fully operational and deliveries to the grøup's footprint of more than 5 000 stores are back to normal @ https://albertonreco...-gets-underway/

[DayTraderDad]

BREAKING NEWS: Apparently an important get together is scheduled over the long weekend...

Haha it must be outside Hermanus!! Dont see any Australians!

Edited by DayTraderDad, 06 August 2021 - 09:58 PM.

[Squideye]

  BREAKING NEWS: Apparently an important get together is scheduled over the long weekend...

Attached Files

•  20210806 Meeting.pdf   128.28KB   55 downloads

Edited by Squideye, 06 August 2021 - 06:20 PM.

[Squideye]

Pepkor – hardest hit by the unrest – aims to reopen 70% of damaged stores by late-September @ https://www.business...-looting-2021-8

[Squideye]

Someone trying to buy 1.1 mil shares at R1.62. My guess he was at the V&A fish market!!!1

Klein bobbejaan kak...

[Tiekkie]

Someone trying to buy 1.1 mil shares at R1.62. My guess he was at the V&A fish market!!!1

somebody knows something;)

[DayTraderDad]

Yes you could be right but on the other side if PIC agrees with SNH then Hamiltons are finished!!! So maybe they have been told to enter discussion. Haha green beer time!!!

Someone trying to buy 1.1 mil shares at R1.62. My guess he was at the V&A fish market!!!1

[DayTraderDad]

Hamilton has proven that the wanna squeeze juice out of a dry lemon. I doubt if they sitting round table

Yes you could be right but on the other side if PIC agrees with SNH then Hamiltons are finished!!! So maybe they have been told to enter discussion. Haha green beer time!!!

[Tiekkie]

Interesting no reason given! I wounder is there negociations going on between Hamiltons and SNH?

Hamilton has proven that the wanna squeeze juice out of a dry lemon. I doubt if they sitting round table

[DayTraderDad]

Gerugte wil hê dat regter Bozalek 'n paar middagete by die V&A vismark nodig gehad het met sy aktetas, nou doen regter Francis dit ook...

Haha excellent!!

[Squideye]

Interesting no reason given! I wounder is there negociations going on between Hamiltons and SNH?

Gerugte wil hê dat regter Bozalek 'n paar middagete by die V&A vismark nodig gehad het met sy aktetas, nou doen regter Francis dit ook...

Edited by Squideye, 05 August 2021 - 08:27 AM.

[DayTraderDad]

Court case adjourned until Friday 13th

Interesting no reason given! I wounder is there negociations going on between Hamiltons and SNH?