Jump to content


Photo
* * * * - 7 votes

Steinhoff


  • Please log in to reply
15225 replies to this topic

#3401 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 02 August 2021 - 08:05 PM

Something going on Tradegate jumped 7%. Anyone with news????

what the heck is going on
  • 0

#3402 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 02 August 2021 - 08:02 PM

Something going on Tradegate jumped 7%. Anyone with news????


  • 0

#3403 Bubble

Bubble

    Advanced Member

  • Members
  • PipPipPip
  • 289 posts

Posted 02 August 2021 - 04:03 PM

Class Composition Application: Between 4 to 6 August 2021 the Western Cape High Court is scheduled to hear a dispute regarding the composition of the classes proposed in the Section 155 Proposal. SIHPL is opposing the application and believes that the three classes proposed (MPCs, Contractual Claimants and Financial Creditors) have been properly constructed.

Tx!


  • 0

#3404 Squideye

Squideye

    Sage

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

Posted 02 August 2021 - 03:52 PM

Lost track, what happens on these dates? TT liquidation request?

Class Composition Application: Between 4 to 6 August 2021 the Western Cape High Court is scheduled to hear a dispute regarding the composition of the classes proposed in the Section 155 Proposal. SIHPL is opposing the application and believes that the three classes proposed (MPCs, Contractual Claimants and Financial Creditors) have been properly constructed.


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

#3405 Bubble

Bubble

    Advanced Member

  • Members
  • PipPipPip
  • 289 posts

Posted 02 August 2021 - 03:46 PM

What happened to Captain and Andy? Makes me worried that they are gone.


Edited by Bubble, 02 August 2021 - 03:48 PM.

  • 0

#3406 Squideye

Squideye

    Sage

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

Posted 02 August 2021 - 03:43 PM

What does this mean? - PEPKOR- Interest Payment Notifications in respect of Listed Notes under the DMTN Programme @ https://www.sharenet...0&seq=29&scode=

Details @ https://www.pepkor.c...debt-investors/


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

#3407 Bubble

Bubble

    Advanced Member

  • Members
  • PipPipPip
  • 289 posts

Posted 02 August 2021 - 03:43 PM

Very quite everyone waiting on next week hearing between the 4th and 6th. My take i if it goes SNH way we going to get a good jump but if not we can expect a sharp fall!! So be alert!!!

Lost track, what happens on these dates? TT liquidation request?


  • 0

#3408 DOA123

DOA123

    Member

  • Members
  • PipPip
  • 80 posts

Posted 02 August 2021 - 02:49 PM

What does this mean? - PEPKOR- Interest Payment Notifications in respect of Listed Notes under the DMTN Programme @ https://www.sharenet...0&seq=29&scode=


  • 0

#3409 Squideye

Squideye

    Sage

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

Posted 02 August 2021 - 02:23 PM

PEPKOR- Interest Payment Notifications in respect of Listed Notes under the DMTN Programme @ https://www.sharenet...0&seq=29&scode=


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

#3410 Zanme

Zanme

    Advanced Member

  • Members
  • PipPipPip
  • 392 posts

Posted 31 July 2021 - 09:49 AM

In other words; HAVE MERCY
He says it would not be fair or just to liquidate SIHNV because the interests and rights of the overwhelming majority of creditors and claimants would be irreparably harmed if this happened, based on the applicants' "narrow and self-serving interests".


So what about Steinhoff shareholders?
  • 0

#3411 Squideye

Squideye

    Sage

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

Posted 30 July 2021 - 09:29 AM

Liquidation application: Steinhoff disputes 'fraud'

In other words; HAVE MERCY

He says it would not be fair or just to liquidate SIHNV because the interests and rights of the overwhelming majority of creditors and claimants would be irreparably harmed if this happened, based on the applicants' "narrow and self-serving interests".


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

#3412 Squideye

Squideye

    Sage

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

Posted 30 July 2021 - 08:48 AM

Liquidation application: Steinhoff disputes 'fraud'

Attached Files


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

#3413 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 29 July 2021 - 08:06 PM

Deloitte 'disappointed' after Steinhoff audit partner found guilty at Dutch hearing @ https://www.news24.c...earing-20210729

what does this mean for SNh
  • 0

#3414 Squideye

Squideye

    Sage

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

Posted 29 July 2021 - 05:47 PM

Deloitte 'disappointed' after Steinhoff audit partner found guilty at Dutch hearing @ https://www.news24.c...earing-20210729


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

#3415 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 28 July 2021 - 04:29 PM

no news on this case yet?

Very quite everyone waiting on next week hearing between the 4th and 6th. My take i if it goes SNH way we going to get a good jump but if not we can expect a sharp fall!! So be alert!!!


  • 0

#3416 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 27 July 2021 - 09:58 AM

Today Pepkor vs Tekkie @ http://www.saflii.or...ls/2021/97.html

no news on this case yet?
  • 0

#3417 Sleepwa123

Sleepwa123

    Advanced Member

  • Members
  • PipPipPip
  • 284 posts

Posted 27 July 2021 - 09:03 AM

So I am thinking all these companies now in legal battles with SNH ......they also misled the individual on the street. Giving buy signals to the average investor. I think the next lawsuit should be against OM, Allan Grey, etc because they took people's funds and invest it into SNH.....

 

Their contracts are quite tight on this. The client carries all the risk and the asset managers try their best to maximise returns and maybe take a cut on fees if they do not make target, What a great business to be in!


  • 0

#3418 Zanme

Zanme

    Advanced Member

  • Members
  • PipPipPip
  • 392 posts

Posted 26 July 2021 - 07:58 PM

it is evident that the Stellenboch mafia wants to sink this company, why we will never know....


And Louis is their boy. They stripping the value out of it. That is why. If he leaves and a strong negotiator comes in and proposes what he should have zero settlement but much greater value creation. Who will be able to argue that?
The settlement is around R20 billion. If its dropped and things done right everyone will gain in multiples. Not a handful of individuals who are in fact responsible for this.
  • 0

#3419 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 26 July 2021 - 06:59 PM

So I am thinking all these companies now in legal battles with SNH ......they also misled the individual on the street. Giving buy signals to the average investor. I think the next lawsuit should be against OM, Allan Grey, etc because they took people's funds and invest it into SNH.....

plus they had all the anylist to read and analyze the Financials but there greed also led to losses for the normal person in the pension fund....RA unit trust fund EtF ....all these funds or institutions should be sued
  • 0

#3420 Tiekkie

Tiekkie

    Master

  • Members
  • PipPipPipPipPip
  • 758 posts
  • LocationPort Elizabeth

Posted 26 July 2021 - 06:44 PM

So I am thinking all these companies now in legal battles with SNH ......they also misled the individual on the street. Giving buy signals to the average investor. I think the next lawsuit should be against OM, Allan Grey, etc because they took people's funds and invest it into SNH.....
  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting