15225 replies to this topic

[Tiekkie]

So fine people, should we be topping up at this point or selling ?

I bought 5000 shares this morning at R1,65c

[Zanme]

Hi Zanme and if LDP pulls a rabbit out of a hat and shafts Hamilton's and Trevo's will you stop insulting him???

I am not insulting him. But really question how ethical he is. He is at the epicenter of this and spends like no tomorrow on himself and everyone else. He failed to do obvious things like align and be fair with the settlement offer. He also failed to push debt into the operations. He doesn't have a single share in the company. He genuinely doesn't instill any form of confidence. So this is not about insulting his behavior has cost me financially. I don't have time to have a childish backlash at him. I have lost and continue to loose money with him in the driving seat. He needs to take accountability for what he has done.

[DayTraderDad]

I told you that I am convinced that this could have been done differently. So I hope that things turn out positive. But irrespective of that I think that there should not be this issue to start of with. I also feel that he earns to much and Steinhoff genuinely needs to look at their head office function and costs. The more saved the more for us. Its important.

Hi Zanme the problem we facing is not with SNH or LDP its with that guy playing with pigs and lipstick!!

[Zanme]

Hi Zanme and if LDP pulls a rabbit out of a hat and shafts Hamilton's and Trevo's will you stop insulting him???

I told you that I am convinced that this could have been done differently. So I hope that things turn out positive. But irrespective of that I think that there should not be this issue to start of with. I also feel that he earns to much and Steinhoff genuinely needs to look at their head office function and costs. The more saved the more for us. Its important.

[Junz]

So fine people, should we be topping up at this point or selling ?

 

 

[DayTraderDad]

If Steinhoff goes bust at this Juncture. Louis needs to be sued.

Hi Zanme and if LDP pulls a rabbit out of a hat and shafts Hamilton's and Trevo's will you stop insulting him???

[Zanme]

Another weekend master piece from Ann!

For me it is selective reporting lots of sentiment and negatiivity at its best judge for yourselves: (All Ann is focusing in the settlement payment but forgets the other two important points especially that the guarantee stands)

Insedt from Ann article:
Puzzlingly the judge did not grant the requested interdict that would prevent Steinhoff from making any of the payments planned in terms of Section 155 of the Companies Act. However, Bozalek did note that the Section 155 process “has some way to go before it is sanctioned by a court”.

Insert from the Judge:

Interdictory relief
[138] The applicants sought an interdict restraining SIHPL from making any payment
pursuant to the SIHPL Guarantee, the SIHPL CPU or the compromise proposed by
SIHPL in terms of sec 155 of the Companies Act and from providing any security in
respect thereof. In terms of this judgment the SIHPL Guarantee stands and clearly
no interdictory relief in relation to it can be granted. As far as the balance of the
interdictory relief is concerned, the applicants made out no case that any payments
pursuant to the SIHPL CPU were imminent. Insofar as any payments made based
on the CPU might conceivably follow upon the acceptance of the sec 155 proposal,
not only might that proposal be revisited following this judgment, but the sec 155
process has some way to go before it can be sanctioned by a Court. Before that
stage is reached the applicants will have adequate opportunity to voice their
opposition to any such proposal or interdict any prior payments which they regard as
unlawful. Accordingly, the applicants have failed to make out any case for
interdictory relief.

If Steinhoff goes bust at this Juncture. Louis needs to be sued.

[Zanme]

None to you...

No its not relevant to any of us. Stellenbosch is your godfather.

[Lionelza1]

Algorithms can't read judgements. Seems like sanity has prevailed over the weekend while people could read through the judgement:) DTD you are yster

Hhmm.. Trading 15% down from Friday, how has sanity prevailed?

[Squideye]

What relevance is this to us????

None to you...

[Zanme]

Christo Wiese, wat later vanjaar 80 word, is reeds ’n week in die Mediclinic Panorama, waar hy vir Covid-19 behandel word. @ https://www.netwerk2...vorder-20210705

What relevance is this to us????

[Zanme]

Lol, report me to the police you wanker

Disgusting really this low

[Squideye]

Algorithms can't read judgements. Seems like sanity has prevailed over the weekend while people could read through the judgement:) DTD you are yster

Tomorrow after the NASDAQ reopening (today public holiday) we should see how the market judges Fridays news...

[Squideye]

Christo Wiese, wat later vanjaar 80 word, is reeds ’n week in die Mediclinic Panorama, waar hy vir Covid-19 behandel word. @ https://www.netwerk2...vorder-20210705

[KP7]

The big short!

KP your thoughts on the charts?
 

No change Larry. Like I said in February…..SNH loves the 123 extension.

 

 1309BEB3-8403-4D39-B607-5A9BA70C252E.jpeg   121.39KB   3 downloads

[LarryK]

The big short!

KP your thoughts on the charts?

When do you think it will reach ZERO? Asking for an Option Trader friend.

[KP7]

ZERO=0

 

 

ZERO + ZERO = 0

When do you think it will reach ZERO? Asking for an Option Trader friend.

[Tiekkie]

Algorithms can't read judgements. Seems like sanity has prevailed over the weekend while people could read through the judgement:) DTD you are yster

[DayTraderDad]

I am looking for  quick dip to R1.70 my truck already at loading bay!!

Haha truck loaded now going fishing for the day!!!

[vishalsur]

I'm getting R1,65