15225 replies to this topic

[Tiekkie]

German prosecutors set to announce charges against former top Steinhoff executives https://www.news24.c...utives-20210303

[LarryK]

I agree!

this hanging about at R1.80 is driving me mad...either go to the moon so i can retire..or fall back to R0.80 so i can buy more shares..so that i can retire earlier......

[Africa1962]

The Eur2 is not unrealistic. A share price of Eur 2 at a P:E of 20 (fast growing business) means a EPS of Eur 0.1 or Eur 425 mil. Without claims and litigation SNH will be able to get cheaper loans and with a EBITDA over Eur 1 Bil surely this is not unrealistic. The interest on Eur 10 bil at 4% is only Eur 400 mil.

 

this hanging about at R1.80 is driving me mad...either go to the moon so i can retire..or fall back to R0.80 so i can buy more shares..so that i can retire earlier......

[DayTraderDad]

Haha double my R20 so interesting.

The Eur2 is not unrealistic. A share price of Eur 2 at a P:E of 20 (fast growing business) means a EPS of Eur 0.1 or Eur 425 mil. Without claims and litigation SNH will be able to get cheaper loans and with a EBITDA over Eur 1 Bil surely this is not unrealistic. The interest on Eur 10 bil at 4% is only Eur 400 mil.

[DayTraderDad]

https://simplywall.s...holdings-shares

Wow new valuation after the financials. Crazy they see a Fair value of 42 rands or 2 euros

Sent from my SM-G973F using Sharenet Sharechat mobile app

Haha double my R20 so interesting.

[sommerso]

https://simplywall.s...holdings-shares

Wow new valuation after the financials. Crazy they see a Fair value of 42 rands or 2 euros

Sent from my SM-G973F using Sharenet Sharechat mobile app

 

       

 

There is no heart eyes .... I checked that out now... LOL there are a lot of high risks and risk factors when you scroll through the analysis ...everything is red... .but nothing really matters after you read fair value of R42 

 

 

It is disheartening to see the price falling from the highs of R2.90, to R1,80....                    ........... sighs. And we all would like to see the price fly to the moon, but like now.... patience is key. The core business is doing and operating well. We'll just have to wait...and wait.. .we've waited since 2018.... what is 6 months more 

[Tiekkie]

Two positive days on the JSE....Snh struggling? Why

[Tiekkie]

You know what the redit guys buys shares we just talk about it...I've been buying all along....yet the price goes down...maybe I'm a fool...but with everyone in the forum that will buy and hold the price will go up

[andi222]

https://simplywall.s...holdings-shares

Wow new valuation after the financials. Crazy they see a Fair value of 42 rands or 2 euros 😅

Sent from my SM-G973F using Sharenet Sharechat mobile app

[DayTraderDad]

https://www.moneyweb...-settle-claims/

Hi Tiekkie indeed a good option maybe the insurance will provide extra money to keep Hamilton quite and agree to the settlement!!!

[DayTraderDad]

I have said many times shareholders cannot sue their own company only the directors for bad decisions.  All Hamilton can do if not happy is sue directors good luck to them. See this link: https://www.gannons....inst-directors/

For me its very simple a company shareholder is part owner so then he sues the company basically suing himself. So our friends Allan Gray, Coronation and others supporting Hamilton voted for Jooster to be director CEO. He takes them for a ride now they want existing shareholders to pay for their poor decision!!! The legal world has gone nuts!!!

In the mean time the reason why the share price fell is because the same shareholders panicked and had a fire sale of their shares created their own losses and now looking for payback the money. That is exactly why the disclaimers that you may loose all your money in share trading because irrational people make decision that will affect your pocket. Anyway time for green beer!!!

[DayTraderDad]

Splitting up the pot: Steinhoff offers 5.5% payout to market purchase claimants to settle https://www.news24.c...settle-20210302

I have said many times shareholders cannot sue their own company only the directors for bad decisions.  All Hamilton can do if not happy is sue directors good luck to them. See this link: https://www.gannons....inst-directors/

[DayTraderDad]

Looks like this thing is hanging in there around resistance level 170-180 (euro0.09-0.10) and if this breaks could proceed with a proper drop. How low who knows?

I agree it has found enough support at this level

[Snippit]

Posted a comment at the link address. The article author probably wants the right to censor so I doubt it will be approved unless author has been given a limited timeframe for interference with otherwise acceptable free speech.

An update at - https://www.moneyweb...#comment-838026

 

"Steinhoff’s former auditor, Deloitte, agreed last month to pay up to 70.34 million euros ($84.81 million) to certain claimants as part of the proposed settlement plan."

 

To me this says beware of anything to do with Deloitte (including Deloitte). But the world and the definition of corrupt appears to have changed or otherwise corrupted.

[Snippit]

https://www.moneyweb...-settle-claims/

Posted a comment at the link address. The article author probably wants the right to censor so I doubt it will be approved unless author has been given a limited timeframe for interference with otherwise acceptable free speech.

[LarryK]

Looks like this thing is hanging in there around resistance level 170-180 (euro0.09-0.10) and if this breaks could proceed with a proper drop. How low who knows?

[Squideye]

Steinhoff: Nog R1 mjd. vir adviseurs, regskoste @ https://docdro.id/8I9Dh9I

[Squideye]

Steinhoff dop vir 4de jaar sy oudit @ https://docdro.id/80FUWac

[Tiekkie]

https://www.moneyweb...-settle-claims/

[Squideye]

TdK-Interview @ https://www.moneyweb...lion-rand-loss/