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#21 Polla

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Posted 17 January 2022 - 07:15 PM

Hi Polla this is how I see it:

 

1 - TT getting 29.5  mil of PPH shares or 0,8 % of PPH issues shares+ R500 mil cash

 

2 - Trevo have option to take 120 mil shares (or 3,2% is PPH issued shares)  at R 24,9215 which  is equal to cash value of R2,99 bil or Eur 170 mil

 

3 - The percentage of PPH shares to be given the the other people of the GS is 9,3% - Please do the sums

 

So lets do some sums:

 

1 - Percentage holding at present of PPH by SNH is 58,8% less 9,3% less 0.8% =  Final holding before paying off any debt is 48,7% (already below the 50%)

 

2 - The 3,2% option means SNH has lost control over the fut=re growth of the calue of those shares so all SNH will get is Eur 170 mil ( at today's exchange rate what happens if the Rand deteriorates further??) but the holding then drops to 48,7 - 3,2% = 45,5%

 

So now what is the PIC secret deal? is it they will give PPH the 13% in exchange for SNH shares??

 

My question to you, how much of PPH they will have to sell to pay down debt??

DTD, you again forgot to calculate the 70 million shares for PEPKOR shares because of property swops...


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#22 DayTraderDad

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Posted 17 January 2022 - 07:06 PM

I still don't agree with your 4% to TT and Trevo... DTD, you should read carefully between the deals. My firm believe is that SNH will still hold 50%plus of PEPKOR. With a win-win for SNH, and the only party to loose from original settlement would be Creditors. They've accepted because it is in their long term interest.  PEPCO would be moved by market forces. Once supply because of worldwide disruptions comes back to normal the share price will reflect the same... No stress and no green beers till then...

Hi Polla this is how I see it:

 

1 - TT getting 29.5  mil of PPH shares or 0,8 % of PPH issues shares+ R500 mil cash

 

2 - Trevo have option to take 120 mil shares (or 3,2% is PPH issued shares)  at R 24,9215 which  is equal to cash value of R2,99 bil or Eur 170 mil

 

3 - The percentage of PPH shares to be given the the other people of the GS is 9,3% - Please do the sums

 

So lets do some sums:

 

1 - Percentage holding at present of PPH by SNH is 58,8% less 9,3% less 0.8% =  Final holding before paying off any debt is 48,7% (already below the 50%)

 

2 - The 3,2% option means SNH has lost control over the fut=re growth of the calue of those shares so all SNH will get is Eur 170 mil ( at today's exchange rate what happens if the Rand deteriorates further??) but the holding then drops to 48,7 - 3,2% = 45,5%

 

So now what is the PIC secret deal? is it they will give PPH the 13% in exchange for SNH shares??

 

My question to you, how much of PPH they will have to sell to pay down debt??


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#23 Polla

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Posted 17 January 2022 - 05:56 PM

Hi Lionel is you recall I stopped shorting SNH long time ago. I only shorted when the trend was downward.

 

I did not loose any money in fact made a good profit and yes I could have made much more but I prefer one bird in the hand then 2 in the air!!

 

Haha I will pomp it when if comes back to earth and to a realistic price in the mean time I moved along to your other favorite DLT which for me has much more value NAV of R5,23 for a price of 58 cts and good prospects of 30 to 40 cts dividends per year going forward.

 

I still have a target of R12 but now a few years away ( at least 5 years time) due to the give away ( the 4 % of PPH to TT and Trevo) and the failure of the Pepco listing (my reason  to say failure is the share price is trading well below the IPO price) with a 52 week low on 13-01-2022 after releasing the financials.

 

Anyway wishing all a good pomp but make sure you stay close to the sell button!!!

I still don't agree with your 4% to TT and Trevo... DTD, you should read carefully between the deals. My firm believe is that SNH will still hold 50%plus of PEPKOR. With a win-win for SNH, and the only party to loose from original settlement would be Creditors. They've accepted because it is in their long term interest.  PEPCO would be moved by market forces. Once supply because of worldwide disruptions comes back to normal the share price will reflect the same... No stress and no green beers till then...


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#24 Investment novice

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Posted 17 January 2022 - 05:30 PM

IN trying to pull us into wez now like he did descendis


Definitely.. share the love...started with polly 70c at steinies then descendis now wez...
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#25 DeltaHedge

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Posted 17 January 2022 - 03:25 PM


Hope you ones checking out wez....after the steinies run...this wez looks hot...your thoughts? Wink wink..


IN trying to pull us into wez now like he did descendis
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#26 Squideye

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Posted 17 January 2022 - 02:32 PM

Once bitten, twice shy...?  :D   from 02:37

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


#27 DayTraderDad

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Posted 17 January 2022 - 01:55 PM

Hope you ones checking out wez....after the steinies run...this wez looks hot...your thoughts? Wink wink..

Interesting thanks will study it!!


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#28 Investment novice

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Posted 17 January 2022 - 01:24 PM

Still day trading not holding shares for long. I am not convinced yet!!



Hope you ones checking out wez....after the steinies run...this wez looks hot...your thoughts? Wink wink..
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#29 DayTraderDad

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Posted 17 January 2022 - 01:19 PM

You always shorted this stock yet preached your R12, now that is is heading in that R12 direction u seem to have a change of mindset.

This share ran +30% for consecutive days, it chowed all your money so much that I don't hear you talk about green beers no more haha

Come on Bru... Stop shorting, pomp it

Hi Lionel is you recall I stopped shorting SNH long time ago. I only shorted when the trend was downward.

 

I did not loose any money in fact made a good profit and yes I could have made much more but I prefer one bird in the hand then 2 in the air!!

 

Haha I will pomp it when if comes back to earth and to a realistic price in the mean time I moved along to your other favorite DLT which for me has much more value NAV of R5,23 for a price of 58 cts and good prospects of 30 to 40 cts dividends per year going forward.

 

I still have a target of R12 but now a few years away ( at least 5 years time) due to the give away ( the 4 % of PPH to TT and Trevo) and the failure of the Pepco listing (my reason  to say failure is the share price is trading well below the IPO price) with a 52 week low on 13-01-2022 after releasing the financials.

 

Anyway wishing all a good pomp but make sure you stay close to the sell button!!!


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#30 Lionelza1

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Posted 17 January 2022 - 11:56 AM

Haha yes remember your R4!! Yes I am continuing fishing until the open on the 31st January after the financials.

Expecting to see a corporate debt of Eur 10,8 bil in the books by the 30th September 2021 then we will see how the pump is going to work!!

Even Piet Viljoen said R5 is too much!!!


You always shorted this stock yet preached your R12, now that is is heading in that R12 direction u seem to have a change of mindset.

This share ran +30% for consecutive days, it chowed all your money so much that I don't hear you talk about green beers no more haha

Come on Bru... Stop shorting, pomp it
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#31 new john

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Posted 17 January 2022 - 11:50 AM

Be careful DTD. You give a lot of insight but you’re starting to slip up.

Maybe Polly and DTD are the same person all along!!!! Lololol
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#32 new john

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Posted 17 January 2022 - 11:48 AM

I’d say that ‘too much’ and ‘no longer cheap’ are more than just a matter of words.
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#33 DayTraderDad

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Posted 17 January 2022 - 11:11 AM

DTD, Piet Viljoen's exact word was that at R5.60 he doesn't think SNH is cheap anymore....  I don't recall him saying that R5 is too much..

Yes you correct just a matter of words! 


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#34 Polla

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Posted 17 January 2022 - 10:59 AM

Haha yes remember your R4!!  Yes I am continuing fishing until the open on the 31st January after the financials.

 

Expecting to see a corporate debt of  Eur 10,8 bil in the books by the 30th September 2021 then we will see how the pump is going to work!!

 

Even Piet Viljoen said R5 is too much!!! 

DTD, Piet Viljoen's exact word was that at R5.60 he doesn't think SNH is cheap anymore....  I don't recall him saying that R5 is too much..


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#35 DayTraderDad

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Posted 17 January 2022 - 10:49 AM

I said a while back I would get on at R4, I got on before that, reason being more certainty w.r.t litigation and other uncertainties.

Long story short, go fishing... I expect profit takings but watch this baby pump to new highs in the next 2 weeks.

Buy the rumour sell the fact right

Haha yes remember your R4!!  Yes I am continuing fishing until the open on the 31st January after the financials.

 

Expecting to see a corporate debt of  Eur 10,8 bil in the books by the 30th September 2021 then we will see how the pump is going to work!!

 

Even Piet Viljoen said R5 is too much!!! 


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#36 Lionelza1

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Posted 17 January 2022 - 09:39 AM

I want to be clear it is not my intention to talk the share price down which I have absolutely no influence in the price.

All I am doing is pointing out the dangers of the debt that people are forgetting and finding all kinds of excuses to explain the high valuation of the share. Even Lionel that other day was advocating 50 cents is now all excited on his way to R12!!!

Further I was very excited with the listing of Pepco ( which for me its only PEPCO that can get SNH out of the debt trap) and initially it run up and I thought we could see a good growth and SNH debt would be managed however the price has tanked. So why is a good business share price falling and a business full of debt the price is flying? This for me is a big disconnect!!!

If you ask me is SNH a good buy today at R1 or even R2 I would say definitely yes but at R5 and R6 definitely not.( At present due to the low share price of Pepco)

For me would be a tragedy people holding on waiting for the big one and then see themselves back at the low levels due to the proper valuation!!!


I said a while back I would get on at R4, I got on before that, reason being more certainty w.r.t litigation and other uncertainties.

Long story short, go fishing... I expect profit takings but watch this baby pump to new highs in the next 2 weeks.

Buy the rumour sell the fact right 😁
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#37 Snippit

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Posted 16 January 2022 - 10:12 AM

https://el834862649....inhoff-snh-jse/

 

14th January 2022

A closer look exposes the probability of further development before the commence of correction. Note that 4 may not enter 1. Alternation between 2 and 4 will not surprise.

snhj-45-140122a.png?w=936

Link – Higher Quality Image


Edited by Snippit, 16 January 2022 - 10:13 AM.

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  1. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  2. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  3. Vultures circle hereabouts. Give them control and say goodbye to your money. 
  4. Learning links: http://swrict.blogspot.com/2018/11/trader-links.html

 


#38 KP7

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Posted 15 January 2022 - 03:36 PM

I’m afraid its already a circus when everyone believes that the market is manipulated every time the price rises or falls and goes against them.

It’s actually laughable and here’s the irony…..the very same people who believe it is, risk their hard earned savings on this manipulated market  :D  Similar to those who go to the casino, believing they can beat the house even though the odds are stacked against them.

 

I always wonder why the pyramid scheme is still successful as there should be more educated people now than a hundred years ago. Then I realize the flaws of the human brain. He who controls the narrative.

 

 

 

 


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#39 Squideye

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Posted 14 January 2022 - 07:18 PM

Real Estate Firm Fights $112M Steinhoff Fraud Suit...

 

Attached Files


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


#40 Trader001

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Posted 14 January 2022 - 04:33 PM

Hi Everybody

Lets give DTD a chance....he is making valid points.

Rather  challenge  him with your own  arguments!!!

Please don't turn this forum into a circus

I have cashed out my initial capital investment....just for safety sake 

You have got to be vigilant  and read widely as much as possible

  and 

then decide  yourself


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