15225 replies to this topic

[sommerso]

August interim results
September.... nothing is really happening until after 3rd of September...anything before then is really irrelevant

[Africa1962]

are there any dates in the next short while to look forward to.....I have lost track with all the postponements...seems we must now wait until end of "who knows"

[Squideye]

I'll tell my friends on the inside to eat his cake:)

Showerhead ??? 

[Tiekkie]

Do you hold shares from before 06 December 2017?
If not, then you should bring him a cake every week upon conviction...

I'll tell my friends on the inside to eat his cake:)

[Squideye]

On a lighter note JZ got 15 months. Hope Marcus Jooste gets 15 years.

 

Do you hold shares from before 06 December 2017?

If not, then you should bring him a cake every week upon conviction...

[Tiekkie]

On a lighter note JZ got 15 months. Hope Marcus Jooste gets 15 years.

[Zanme]

It is because the JSE closed and with that negative sentiment of the "embattled and formerly disgraced retailer"

Imagine the headline that reads that Louis will be stepping down to pursue an opportunity at Eskom considering his skill set in Stage 1 2 3 etc. The new person obviously credible and neutral will be getting shares in Steinhoff as part of his sign off package. And an agreement that his bonus will be paid in shares. As an added bonus Louis will fund this by paying back the bonus that he earned all these years. That will change the trajectory of the company because it will align managements interest with that of shareholders. Until such time Steinhoff will continue like this. It is clear as day that Louis doesn't have any vested interest in making this thing work and never had. He might make something survive but he doesn't personally feel the need to make it succeed why would he. He earns over R100 million in two years so their is no downside for him only upside. If Steinhoff succeeds in a broken form he will get bonuses if it fails he wil get bonuses and a sympathy vote. If he did. I can assure you that Steinhoff would have at least paid down some debt by saving on managements bonuses which would have easily exceeded R1 billion collectively. My point about the R20 billion of assets that he gave away. Even if they let Steinhoff go bust entirely. We would have been worth over R4. With stocks like Capitec PSG Unitrans property KAP and Pepkor.

[KP7]

Wonder if these buyers read news articles 

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[sommerso]

Any news out? see a sudden rise in tradegate!!

 

 

It is because the JSE closed and with that negative sentiment of the "embattled and formerly disgraced retailer"        

[DayTraderDad]

Any news out? see a sudden rise in tradegate!!

PEPCO now Eur11.40!!!

[DayTraderDad]

Any news out? see a sudden rise in tradegate!!

[Squideye]

Well that would be the braai of the century!!! Haha

 

Naweekbraai in Hermanus. Wie erken regter Lee B.?   

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[Africa1962]

 

Steinhoff stel skikking tot na likwidasiesaak uit

 

one wonders what effect this have.....good or bad, buy or sell....aaargh

[KP7]

Got to love red days on the chat….. I think if SNH was at R9 and dropped 20c, The 50c crowd would still be in full force calling it lower hahaha.

If it goes to 50c from here, that would mean liquidation and I definitely won’t be a buyer at those levels. 

[Squideye]

Steinhoff stel skikking tot na likwidasiesaak uit

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[Sleepwa123]

I think the drop is a realignment of trading that occurred after the SA market closed on Friday.

 

Happy for it to decline further. Keen to buy more shares

[Squideye]

Good morning Zanme, haha be careful your heart rate!!!!

Take a Red Heart for heart rate 

[DayTraderDad]

The tide has been the same. Stage 10 of asset shedding? Under the fearless leadership of silent Louis who only knows one word precarious and his Elon Musk paycheck.

Good morning Zanme, haha be careful your heart rate!!!!

[Zanme]

Not sure looks like the tide changed!!!

The tide has been the same. Stage 10 of asset shedding? Under the fearless leadership of silent Louis who only knows one word precarious and his Elon Musk paycheck.

[DayTraderDad]

That might be today still

Not sure looks like the tide changed!!!