15225 replies to this topic

[Africa1962]

Indeed I think Syd Vianello is living in the past and shooting out from the hip with limited information.

 

Firstly the idea that on the 2023 SNH has to pay all its debt is rubbish its dubious information because they will simply restructure the loans at much better rates because then the third leg (Financial restructuring) would be in place.

 

Second Syd also fails to note PEPCO is fast growing and Mattress Firm again profitable as well as Greenlit Brands therefore value increasing all the time.

 

Its real sad to have such a veteran saying things without proper investigation but well that is how SA experts are like when Jooster was bulsxxxting everyone SNH was loved and reaching for the stars, now we have a good management and transparent with all business turned around there is no future.

 

Difficult to know if the current price slide is due to the market agreeing with him or not....it is a pity though that the CEO is always quiet in the media.....now and then a little statement or two would also help give some confidence.....

[DayTraderDad]

And we must remember if the GLOBAL settlement is agreed to the company will be able to restructure its debt at that 2% as he alluded to..then the company will be in a much stronger position.

Indeed I think Syd Vianello is living in the past and shooting out from the hip with limited information.

 

Firstly the idea that on the 2023 SNH has to pay all its debt is rubbish its dubious information because they will simply restructure the loans at much better rates because then the third leg (Financial restructuring) would be in place.

 

Second Syd also fails to note PEPCO is fast growing and Mattress Firm again profitable as well as Greenlit Brands therefore value increasing all the time.

 

Its real sad to have such a veteran saying things without proper investigation but well that is how SA experts are like when Jooster was bulsxxxting everyone SNH was loved and reaching for the stars, now we have a good management and transparent with all business turned around there is no future.

[Tiekkie]

All these analysts want this Share to fail. We as shareholders should start supporting the company and help it get back to former glory. It's in our interest as shareholders

And we must remember if the GLOBAL settlement is agreed to the company will be able to restructure its debt at that 2% as he alluded to..then the company will be in a much stronger position.

[Tiekkie]

Steinhoff’s debt pile can lead to an Ascendis end – Syd Vianello @ https://www.biznews....nhoff-worthless

All these analysts want this Share to fail. We as shareholders should start supporting the company and help it get back to former glory. It's in our interest as shareholders

[Squideye]

Syd Vianello on Steinhoff's proposed listing of crown jewel Pepco; no shareholder value left @ https://open.spotify...bed_v3&t=0&nd=1

[Squideye]

Steinhoff’s debt pile can lead to an Ascendis end – Syd Vianello @ https://www.biznews....nhoff-worthless

[GutfeelTrader]

You can only claim and vote if you sold during the collapse right? What if you bought again won't they see it as reducing your avg and therefore unable to claim?

[Polla]

Well, I lodged my claim today with steinhoffsettlement.com, all documents submitted and picked for the proxy option voting in favor of GS. it's the right thing to do!!!

[DayTraderDad]

Could it be that London won't list them due to legacy issues?

I believe due to BREXIT London no longer  great option for a European business. Most og the business of PEPCO coming from Poland

[Tiekkie]

I think the market I not sure whether or not they will get support from the other parties for the Global Settlement.

[LarryK]

Could it be that London won't list them due to legacy issues?

[Africa1962]

No real movement in the share price.

...yes thought it would have a more positive effect........last time they even mentioned the possibility of IPO, the price jumped significantly.....tis all more than I can understand

[Tiekkie]

No real movement in the share price.

[Squideye]

Steinhoff seeks lenders’ nod to list EU discount retailer

The decision to proceed with an initial public offering will be made in due course, Steinhoff said in a statement on Monday. 

 

https://www.business...count-retailer/

[Tentative]

Any opinions on the reported listing price / market value?

 

€5 bln for PEPCO feels undervalued, and 20-25% of that is not putting much of a dent on Steinhoff's debt burden. And then listed on WAW huh. Guess we'll have to wait & see for the actual numbers ... 

[Bubble]

 

Steinhoff vra jawoord vir nuwe notering @ https://docdro.id/jSIffxL

 

 

My view, but open for discussion;

- they listing this now before GS. If GS fails, PEPCO EU is fine(or at least somehow protected). But, I am sure those thick creditors agreements cover listings to avoid value leaving like this.

- why not on larger exchange. The fights are in UK and NL, not in Poland. Again, could be protected in the agreements.

 

then for a real conspiracy theory;

CW long plan to move his PEP SA shares(which become useless SNH) to PEP EU is still taking shape, but be it in a different format

[Squideye]

Steinhoff vra jawoord vir nuwe notering @ https://docdro.id/jSIffxL

[Squideye]

The Warsaw Stock Exchange is listed as the 32nd biggest SE, JSE is 19th by comparison and London SE is 7th...... mmmm......cant help feeling that the share price would be better off on LSE....maybe a duel listing....

I doubt Dupee & Co are that dumb. I guess it has something to do with the expansion into Eastern Europe...

[Africa1962]

Pepco Group picks Warsaw over London for $6 bln listing - sources @ https://www.lse.co.u...7lxd3ujter.html

 

The Warsaw Stock Exchange is listed as the 32nd biggest SE, JSE is 19th by comparison and London SE is 7th...... mmmm......cant help feeling that the share price would be better off on LSE....maybe a duel listing....

[Squideye]

There was a jump in Tradegate but the real jump will be from now to 5th May if one of the claimant accepts the settlement. 

Those were the petty punters in Germany, but it didn't jump the way they expected and it dropped again...