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Steinhoff


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#5141 sommerso

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Posted 15 February 2021 - 10:06 AM

Interesting to see where it goes. Seems to be hitting some resistance at 290c

 

 

and then the psychological resistance at R3 after that. I'm guessing it will trade around these option for a bit until Trading Statements from SNH and the subsidiaries are released. I'm holding till R15 ... the dream would be to sell at R20.. but we'll see what the future holds. 


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#5142 DeltaHedge

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Posted 15 February 2021 - 10:04 AM

Must say I thought she would have easily done 50 percent up today. Has come off quite a bit could be a good time to buy again.
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#5143 CasualTrader

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Posted 15 February 2021 - 10:02 AM

Welcome Junz

 

Also in the green for the first time today since investing.

 


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#5144 Sleepwa123

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Posted 15 February 2021 - 09:49 AM

Interesting to see where it goes. Seems to be hitting some resistance at 290c


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#5145 Polla

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Posted 15 February 2021 - 09:48 AM

50 mill shares traded between JSE and Tradegate in the first hour of trade..... that's good volumes... you go you beaut...


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#5146 Junz

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Posted 15 February 2021 - 09:45 AM

HI all,

 

I have just joined the forum.

 

I purchased SNH a few years back and im finally in the green, its a good feeling.

 

lets see how much higher it can go


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#5147 andi222

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Posted 15 February 2021 - 09:15 AM

The news we all waited for. Guys enjoy the ride hope everyone is making big bucks this week 🤑

Sent from my SM-G973F using Sharenet Sharechat mobile app
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#5148 CasualTrader

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Posted 15 February 2021 - 09:10 AM

Tans op met 41c


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#5149 Tiekkie

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Posted 15 February 2021 - 09:09 AM

Hope the momentum last I just went green for the first time in years.
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#5150 Sleepwa123

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Posted 15 February 2021 - 08:41 AM

It's going to be a good day.

 

Stock is 22% up in pre trade:

 

https://www.ls-tc.de...f-int-hld-aktie

 

 


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#5151 Africa1962

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Posted 15 February 2021 - 08:22 AM

THe conclusion right in the end looks positive. 

 

The audit report is still a problem if I understand it correctly.....A clean audit report is called 'unqualified', while one in which the Auditor presents the issues is called 'qualified'. 

Until they get a "Unqualified Audit".....the share price will not reach its full potential


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#5152 CasualTrader

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Posted 15 February 2021 - 08:14 AM

THe conclusion right in the end looks positive. 


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#5153 DOA123

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Posted 15 February 2021 - 08:05 AM

https://www.steinhof...ements 2020.pdf

 

Can someone explain this to me?

 

To my untrained eyes it looks good?


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#5154 Polla

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Posted 15 February 2021 - 07:57 AM

https://www.steinhof...ements 2020.pdf
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#5155 sommerso

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Posted 15 February 2021 - 07:28 AM

 

 

I find this very interesting almost like a sorry we messed up payment from Deloitte : 

 

Deloitte does not in any way admit liability for the losses incurred by Steinhoff and its

stakeholders as a result of the accounting irregularities at Steinhoff.

 

Provided that Steinhoff successfully completes the contemplated Dutch SoP and the S155

Scheme and certain other conditions are fulfilled, Deloitte has agreed to offer an amount of

up to EUR 55.34 million for distribution to MPC Claimants in exchange for certain waivers and

releases (the ‘Deloitte MPC Settlement Fund’)


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#5156 CasualTrader

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Posted 15 February 2021 - 07:19 AM

https://www.moneyweb...on-of-payments/


Edited by CasualTrader, 15 February 2021 - 07:20 AM.

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#5157 CasualTrader

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Posted 15 February 2021 - 07:18 AM

https://www.moneyweb...conservatorium/


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#5158 Tiekkie

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Posted 15 February 2021 - 07:08 AM

Hopefully there will be no further own goals by management..
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#5159 AMG76

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Posted 15 February 2021 - 06:54 AM

Looking forward to the next few days at least
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#5160 Tiekkie

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Posted 15 February 2021 - 06:27 AM

We will se short stop losses wiped out today. Then the price will go higher
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