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Steinhoff


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#3941 Squideye

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Posted 25 June 2021 - 09:08 AM

Page 12 (or 14) Litigation and Regulation

.....However, there remains a material uncertainty as to the ultimate impact of litigation and regulatory enforcement on the liquidity of the Group. Refer to note 11 for more information on claims and fines.....

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#3942 Tiekkie

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Posted 25 June 2021 - 09:07 AM

Standby for the DUMP!!! People got overexcited!!!

the increase in debt is worying me. The lawyers are making a killing. Wish this Hamilton can come to there senses..
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#3943 DayTraderDad

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Posted 25 June 2021 - 09:06 AM

Standby for the DUMP!!! People got overexcited!!!


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#3944 Squideye

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Posted 25 June 2021 - 08:48 AM

Publication of 2021 Half-Year Report @ https://senspdf.jse....snhe/HY2021.pdf


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#3945 Squideye

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Posted 25 June 2021 - 07:26 AM

"it is highly unlikely that SNH will sell more of Pepco cause it is highly cash generitive"

 

That we will see by end of this year... UK's Andy Bond made allusions to this just days before the IPO


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#3946 sommerso

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Posted 25 June 2021 - 07:25 AM

Haha think Ann is now changing her tune in Steinhoff! She must be also enjoying a few green beers!

 

 

It still feels a bit underhandish in her tone. The part of.. No doubt it helped ... as if PEPCO couldn't do this without pandemic and government help. 


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#3947 DayTraderDad

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Posted 25 June 2021 - 07:13 AM

Good morning SNH nerds..today I a. Exited.. Ann Crotty said it herself .."it is highly unlikely that SNH will sell more of Pepco cause it is highly cash generitive" that to me is powerful. Relax and have a few green beers


Haha think Ann is now changing her tune in Steinhoff! She must be also enjoying a few green beers!
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#3948 Tiekkie

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Posted 25 June 2021 - 06:30 AM

Good morning SNH nerds..today I a. Exited.. Ann Crotty said it herself .."it is highly unlikely that SNH will sell more of Pepco cause it is highly cash generitive" that to me is powerful. Relax and have a few green beers
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#3949 Tiekkie

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Posted 25 June 2021 - 06:23 AM

https://www.moneyweb...einhoffs-pepco/
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#3950 DayTraderDad

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Posted 24 June 2021 - 08:50 PM

Would be a nice Friday if they released decent half years and the results of the hearing of the 22nd.... (even better if those results are in our favour). 

 

I'm looking at the 1h charts and since May 14, R2,02 / R2,04 has been touched 6 times. So definitely a strong resistance level. But also, since 1st of June, we are up 16c. Almost 9%. Support levels were at R1,84, R1,91 and now R1,94. 

 

Resistance stays at R2,04-ish but Support is climbing. There is solice in that, normally this would be a break to the upside, but the issue here is the litigation and settlement. 

Don´t expect big changes very sure they will still be equity negative and making a considerable loss. It will keep ongoing like this until the financial restructuring is complete and cheaper loans taken.


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#3951 DeltaHedge

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Posted 24 June 2021 - 08:44 PM

Would be a nice Friday if they released decent half years and the results of the hearing of the 22nd.... (even better if those results are in our favour).

I'm looking at the 1h charts and since May 14, R2,02 / R2,04 has been touched 6 times. So definitely a strong resistance level. But also, since 1st of June, we are up 16c. Almost 9%. Support levels were at R1,84, R1,91 and now R1,94.

Resistance stays at R2,04-ish but Support is climbing. There is solice in that, normally this would be a break to the upside, but the issue here is the litigation and settlement.


Better than that piece of **** ascendis
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#3952 sommerso

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Posted 24 June 2021 - 08:08 PM

snh releasing half year results for sure

 

 

Would be a nice Friday if they released decent half years and the results of the hearing of the 22nd.... (even better if those results are in our favour). 

 

I'm looking at the 1h charts and since May 14, R2,02 / R2,04 has been touched 6 times. So definitely a strong resistance level. But also, since 1st of June, we are up 16c. Almost 9%. Support levels were at R1,84, R1,91 and now R1,94. 

 

Resistance stays at R2,04-ish but Support is climbing. There is solice in that, normally this would be a break to the upside, but the issue here is the litigation and settlement. 


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#3953 Tiekkie

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Posted 24 June 2021 - 07:30 PM

Watch tomorrow I have a feeling there will be some news!!!

snh releasing half year results for sure

Edited by Tiekkie, 24 June 2021 - 07:31 PM.

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#3954 DayTraderDad

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Posted 24 June 2021 - 07:18 PM

That depends on outcomes. The unfortunate thing is the drag of that uncertainty anchor. 

Watch tomorrow I have a feeling there will be some news!!!


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#3955 sommerso

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Posted 24 June 2021 - 07:14 PM

down or up?

 

 

That depends on outcomes. The unfortunate thing is the drag of that uncertainty anchor. 


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#3956 Tiekkie

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Posted 24 June 2021 - 05:23 PM

Random spike to R2.04 today.

Resistance at R2 and support at R1,98. It is a very tight band. But every day closing green and closer to R2. Loading up for a breakout.

down or up?
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#3957 sommerso

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Posted 24 June 2021 - 05:12 PM

at the moment for the last few weeks it's been hitting against a resistance level of R2...just can't seen to be turning into a support

 

Random spike to R2.04 today.  

 

Resistance at R2 and support at R1,98. It is a very tight band. But every day closing green and closer to R2. Loading up for a breakout. 


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#3958 sommerso

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Posted 24 June 2021 - 05:08 PM

 

PEPCO at Eur 11 per share and Pepkor at R 20.12!!

 

Steinhoff holdings value today: 
 
Company Value
PEPCO €4,976
PEPKOR €2,833
Total €7,809
 
So add the Eur 1.3 bil cash, Greenlit Brands about Eur 1 bil and Mattress Firm Eur 1.5 bil (the 50%) total value Eur 11.6 bil and corporate debt of Eur 9.6 bil!!
 
A NAV of Eur 2.bil or Eur 0.48 per share / R 8.16 per share.

 

 

 

Seeing that and reading Squideye with the achor stuck in the reef, I had the opening scene with CAPTAIN Jack Sparrow of Pirates of the Caribbean run through my head, where he enters the harbour on a dinghy while it was sinking... .also realising now it might actually be more fitting than I thought.... as not much later... gets the Dauntiless which is the fastest ship in these here oceans 


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#3959 Tiekkie

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Posted 24 June 2021 - 05:07 PM


PEPCO at Eur 11 per share and Pepkor at R 20.12!!

Steinhoff holdings value today:

Company Value
PEPCO €4,976
PEPKOR €2,833
Total €7,809

So add the Eur 1.3 bil cash, Greenlit Brands about Eur 1 bil and Mattress Firm Eur 1.5 bil (the 50%) total value Eur 11.6 bil and corporate debt of Eur 9.6 bil!!

A NAV of Eur 2.bil or Eur 0.48 per share / R 8.16 per share.

at the moment for the last few weeks it's been hitting against a resistance level of R2...just can't seen to be turning into a support
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#3960 DayTraderDad

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Posted 24 June 2021 - 05:01 PM

PEPCO at Eur 11 per share and Pepkor at R 20.12!!

 

Steinhoff holdings value today: 
 
Company Value
PEPCO €4,976
PEPKOR €2,833
Total €7,809
 
So add the Eur 1.3 bil cash, Greenlit Brands about Eur 1 bil and Mattress Firm Eur 1.5 bil (the 50%) total value Eur 11.6 bil and corporate debt of Eur 9.6 bil!!
 
A NAV of Eur 2.bil or Eur 0.48 per share / R 8.16 per share.

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