15225 replies to this topic

[Squideye]

Steinhoff: Versekeraars dok op, nie vir Jooste en kie @ https://docdro.id/6SBKYIx

[Tiekkie]

I've just noticed the the SNH pref share is also trading...thats good news is it not?

[Africa1962]

Have we seed the end of a share price below R1.80?

....also considering we seeing more and more stock sites changing their analyst consensus to "Buy"...anyone care to weigh in....

[Squideye]

"No one knows who naaid who" @ https://www.news24.c...plunge-20210323

 

From the News 24 article:

 

"The litigation brought against the central bank by Steinhoff's BEE partner Lancaster 101, which is 50% owned by die Government Employees Fund represented by the Public Investment Corporation, appears to be aimed at challenging the lawfulness of Steinhoff's efforts to enter into a "global settlement" with litigants.

Lancaster 101's chairperson is Jayendra Naidoo, who was until recently also the chairperson of Steinhoff's subsidiary Pepkor."

[DayTraderDad]

Well SNH has got 12 months approval to do the settlement from SARB which lapses in December 2021.  Whoever is suing SARB is also putting pressure on all parties to accept the offer of Glabal Settlement or stand a chance that an extension of the approval might not be on the cards...

Surely this must be a April fools joke!!! Now the same guy in charge that was on watch at the time of the incident wants the SARB to pay him??? Lawyers laughing all the way to he BANK! Hahaha 

[Staghorn]

From the News 24 article:

 

"The litigation brought against the central bank by Steinhoff's BEE partner Lancaster 101, which is 50% owned by die Government Employees Fund represented by the Public Investment Corporation, appears to be aimed at challenging the lawfulness of Steinhoff's efforts to enter into a "global settlement" with litigants.

Lancaster 101's chairperson is Jayendra Naidoo, who was until recently also the chairperson of Steinhoff's subsidiary Pepkor."

[Polla]

Does anybody know WHO is suing the SARB ???https://www.news24.c...lement-20210323

Well SNH has got 12 months approval to do the settlement from SARB which lapses in December 2021.  Whoever is suing SARB is also putting pressure on all parties to accept the offer of Glabal Settlement or stand a chance that an extension of the approval might not be on the cards...

[Squideye]

Does anybody know WHO is suing the SARB ???https://www.news24.c...lement-20210323

[Polla]

Now to see if Hamiltons will accept the latest offer as presented in the latest SENS....

[Polla]

Now to see if Hamiltons will accept the latest offer as presented in the latest SENS....

[LarryK]

Thank you Sir 🙏🏼

🏏 😁😁😁

Hahaha, definitely no change in my targets.

A few technicals to point out:
1) Finding support/buyers at the breakout of my parallel channel (reminds me of Newton’s 3rd Law)
2) Notice the RSI supported around 45 (green line).
3) 180 is the 50% back from 68 to 293 (Sellers haven’t closed the day below that level since).

[LarryK]

Thank you Sir 🙏🏼

🏏 😁😁😁

Hahaha, definitely no change in my targets.

A few technicals to point out:
1) Finding support/buyers at the breakout of my parallel channel (reminds me of Newton’s 3rd Law)
2) Notice the RSI supported around 45 (green line).
3) 180 is the 50% back from 68 to 293 (Sellers haven’t closed the day below that level since).

[Olymphia]

https://www.barrons....esearch-ratings

The website Barrons gave steinhoff a buy rating, with a price of 0.2€

[DayTraderDad]

I think the reason for the jump on Friday at close may be the Group Limited - Annual Report and Consolidated Financial Statements

 

published on their website on Friday.

 

Download report in this link: https://www.pepcogro...cial-statements

PEPCO GROUP Annual Report

[DayTraderDad]

I think the reason for the jump on Friday at close may be the Group Limited - Annual Report and Consolidated Financial Statements

 

published on their website on Friday.

 

Download report in this link: https://www.pepcogro...cial-statements

[Olymphia]

https://www.barrons....esearch-ratings

[Olymphia]

https://www.barrons....esearch-ratings

[Squideye]

AFM klaagt accountant Deloitte aan vanwege boekhoudschandaal Steinhoff @ https://www.nrc.nl/n...inhoff-a4036452

[Tolly12]

Big jump at close 8 mil shares traded at R2.15. any one saw some news?

 

Nothing,  today is the Quadruple Witching day.

 

https://www.investop...plewitching.asp

 

It's normal to assist to strange movement during market closure phase.

[DayTraderDad]

Big jump at close 8 mil shares traded at R2.15. any one saw some news?