15225 replies to this topic

[sommerso]

I will buy more at R1.80!

 

That might be today still  

[DayTraderDad]

I'm holding on to.

I will buy more at R1.80!

[Tiekkie]

I am holding on to see whats going on think this is just COVID noise.

I'm holding on to.

[DayTraderDad]

I'll top up at those levels! 

 

 

Daytrader? You thinking of selling now and buying back later? 

I am holding on to see whats going on think this is just COVID noise.

[Lionelza1]

I'll top up at those levels!


Daytrader? You thinking of selling now and buying back later?

Sold already... Next buy will be for September

[sommerso]

50c cough

 

 

I'll top up at those levels! 

 

 

Daytrader? You thinking of selling now and buying back later? 

[Lionelza1]

50c cough

[sommerso]

https://www.sharenet...0&seq=60&scode=

 

 

September is becoming a very critical date. Tradegate is down 4% so far....   fear of liquidation setting in? If Settlement could have been done, then Liquidation Hearing was a non event.... but now, the one is dependent on the other is dependent on the other 

[Squideye]

excuse my ignorance, but why would the price drop based on the replacement of a committee member ?

 

https://www.sharenet...0&seq=60&scode=

[Junz]

excuse my ignorance, but why would the price drop based on the replacement of a committee member ?

[Tiekkie]

Request Made to Replace a Member of the Committee of Representation
The SoP administrators today filed an application for the replacement of one of the members of the
Committee of Representation, as appointed by the Amsterdam District Court in its ruling of 28 May 2021.
The application was filed upon request by PIC, that wishes to replace the member that was appointed on
its behalf. We could see the share price back at 70c before then feustrating


https://steinhoffset...s-releases.aspx

[DayTraderDad]

Request Made to Replace a Member of the Committee of Representation
The SoP administrators today filed an application for the replacement of one of the members of the
Committee of Representation, as appointed by the Amsterdam District Court in its ruling of 28 May 2021.
The application was filed upon request by PIC, that wishes to replace the member that was appointed on
its behalf.


https://steinhoffset...s-releases.aspx

[Tiekkie]

Steinhoff posts rise in profits, but says it may not survive without settlement deal https://www.news24.c...t-deal-20210625

[Squideye]

geen beers after the dump;)

PE Strandloper, next time try the Despatch Special - Klipis / Coke 

[Tiekkie]

What did you drink last night..? Babelaas..?

geen beers after the dump;)

[Squideye]

http://mobile.dgap.d...?newsID=1458862

What did you drink last night..? Babelaas..? 

Edited by Squideye, 26 June 2021 - 09:51 AM.

[Tiekkie]

http://mobile.dgap.d...?newsID=1458862

[Squideye]

Investors Monthly...

Attached Files

•  Investors Monthly.pdf   2.07MB   25 downloads

[Zanme]

I agree with what you saying.

Interestingly about 12 years ago I think that Steinhoff was trading at R12 or so. I asked a very successful institutional investor who I know about what he thinks about Steinhoff. It looked cheap on PE etc. He told me that he had personal dealings with Markus and that based on his dealings he will never touch anything that he is involved in.

Reading the Hamilton article it seems like their intention is to make the thing fair and not add further burden.

I personally feel that the solution to this is for Louis to step down.
Bring in a CEO who is neutral and credible.
And negotiate a fair settlement or argue against any settlement.

We are also shareholders and we are being disadvantaged by this settlement so why can't we equally block it.

I just feel that in hingsight Louis has achieved very little and things need to be shaken up.

There is something wrong in South Africa there are so many corporate failures. ABIL Steinhoff Tongaat Intu just to name a few. This reflects on something that is not isolated. There is something wrong with our regulators our auditors seem to be there for no reason and management have been allowed to run companies as they please. Shareholders have no rights and management have no accountability.

You 💯 correct the Corronations of this world don't seem to care about investments when they become small. They were heavily invested in Abil Steinhoff and Intu.

[Zanme]

Hi Zanme I will use your own words to explain:

I use logic when investing. Look at the assets. - Sure you have been caught just like everyone else me included. I lost a considerable amount of money shorting SNH in 2016 because I did not trust their financial but the Coronations new better and pushed the price up so I had to sell out with lots of tears. At that time went to a PSG investor day they said SNH is the best thing in the world. I could not believe what I was earing.
Dam I forgot to blame Jooster then !!!

Buy and hold. But incompetent management rears their head to spoil everything. - Never get married to your share and never blame mangement for the reason you hold those shares. Shareholding its adecision that you as a holder need to decide should I keep them or not. I will tell you even before the CVA I kept my SNH because I did my own calculation that there is a way out. You as a investorv must make your own calculations forget about management. For me my focus is not LdP is Boyd with PEPCO. LdP is just going through the motion,

I can't sell out. I need to make back my losses. - My friend I can tell you know holding on to losses will not ensure your future success. It is here that a lot of investors loose the plot. Ok so you will not sell but then depending on the price you bought could take a number of years to get on the green. I will bet with you once you in the green you will sell immediately saying whow I finally got out of it! Then loose out again on the future profits. Why not sell and buy like I sowed you?

But I have been grossly dissapointed - Me too I am highly disappointed but not with management. I am highly disappointed with the institutional investors the Coronations and Allen Grey´s that are supporting the lawyers at your and my cost! The reason I say that is Coronation and Allen Gray are investing other people money not their own. That´s the sad reality part.

So my friend chill out on a few green bees in time you will be holidaying in the Bahamas!!!

I agree with what you saying.

Interestingly about 12 years ago I think that Steinhoff was trading at R12 or so. I asked a very successful institutional investor who I know about what he thinks about Steinhoff. It looked cheap on PE etc. He told me that he had personal dealings with Markus and that based on his dealings he will never touch anything that he is involved in.

Reading the Hamilton article it seems like their intention is to make the thing fair and not add further burden.

I personally feel that the solution to this is for Louis to step down.
Bring in a CEO who is neutral and credible.
And negotiate a fair settlement or argue against any settlement.

We are also shareholders and we are being disadvantaged by this settlement so why can't we equally block it.

I just feel that in hingsight Louis has achieved very little and things need to be shaken up.