15225 replies to this topic

[Squideye]

Reserwebank gaan Lancaster-eis teenstaan @ https://docdro.id/7NQxbJd

[Tolly12]

Who wins in the Steinhoff clean-up? @ https://www.business...nhoff-clean-up/

 

Probably the clearest article I've read about Steinhoff since December 2017.

[Squideye]

Who wins in the Steinhoff clean-up? @ https://www.business...nhoff-clean-up/

[Squideye]

Christo Wiese aanvaar skikking met Steinhoff @ https://docdro.id/WMvj6W3

[Squideye]

‘Só stroop Steinhoff met groen lig van Reserwebank’ @ https://docdro.id/v8OmjxP

[Africa1962]

Good news: https://www.sharenet...324_S444025.pdf

 

it seems the more Steinhoff gets right...the more frantic the local news gets trying to bad mouth them.....it is almost if they need Steinhoff to stay in trouble....

[DayTraderDad]

Yes indeed the roaring business that needed cash injection the year before from a investment house in the UK.

Actis bought 42.5% of Tekkie Town in November 2014  for $65 mil and received from SNH over $100k for the sale in 2016. Maybe this can be explained in court how this growth happened,

[Tiekkie]

Tradegate has reacted positively to the news..JSE lagging

[Tiekkie]

Yes indeed the roaring business that needed cash injection the year before from a investment house in the UK.

and they were all happy at the time they took the money...or shares...greedy idiots

[DayTraderDad]

Fresh coming from a guy that sold his business to his maatjie at SNH... completely overvalued!

Yes indeed the roaring business that needed cash injection the year before from a investment house in the UK.

[Tiekkie]

Good news: https://www.sharenet...324_S444025.pdf

yes it is because they are the biggest claimants in this case .

[DayTraderDad]

Steinhoff announced on or about 14 February 2021 that it had entered into a conditional

agreement with Conservatorium Holdings LLC (“Conservatorium”) and entities connected to

Dr Christo Wiese (“CW Entities”) to settle the outstanding disputes between and among

Steinhoff, Conservatorium and the CW Entities. Steinhoff today announces that such

agreement has become unconditional upon Steinhoff and the CW Entities entering into

agreements under which those entities and their affiliates will support the Steinhoff global

settlement.

[DayTraderDad]

Good news: https://www.sharenet...324_S444025.pdf

[Bubble]

the question would be...will they be able to block it or are they to small to do it?

 

I am not sure, but I suspect they are too small.

[Tiekkie]

Fresh coming from a guy that sold his business to his maatjie at SNH... completely overvalued!

the question would be...will they be able to block it or are they to small to do it?

[Bubble]

Not selling their sole: Former Tekkie Town owners to vote against Steinhoff's offer to settle https://www.news24.c...settle-20210324

 

Fresh coming from a guy that sold his business to his maatjie at SNH... completely overvalued!

[Tiekkie]

Not selling their sole: Former Tekkie Town owners to vote against Steinhoff's offer to settle https://www.news24.c...settle-20210324

[sommerso]

Snh just broke euro 0.13 cents on tradgate

 

 

How closely does the share price on the JSE follow the likes of TradeGate and that other Dutch site, LS..something?

[AMG76]

Snh just broke euro 0.13 cents on tradgate

[Investment novice]

Thanks CowboyTrader very interesting so obviously PIC not scared of SNH being liquidated. If they just spent R82 mil (assuming average price of R1.50) looks to me they will accept the deal. The same for Old Mutual!!!

This is very comforting. Be very interested to understand the institutional investment thesis here and what permits share purchase. They managing clients funds. Hemce they would have to categorise the buy as speculative- or risk based. High risk. If you dont have snh shares....this would certainly be a compelling reason