15225 replies to this topic

[Lionelza1]

And if u were following this share for a while, ud notice the spike prior to news... And then the dump after the news

But ya... To each his own play hey

Day 3 2morrow...R2...or Under R1?...

Row row row your boat......

[Squideye]

Steinhoff stappie nader aan skikking met aandeelhouers.

Steinhoff se skuldeisers het Dinsdag die reëlingskema goedgekeur wat die maatskappy in Britse howe het.
Dit baan die weg vir die skikking waardeur Steinhoff miljarde rande se hofsake deur aandeelhouers tot 'n einde will bring.
Twee groepe skuldeisers het Dinsdag gestem. Al 54 (100%) van die eerste groep het ten favor van die reëlingskema gestem. In the tweede group het 77 ten favor daarvan en twee daarteen gestem, vir 'n stempersentasie van nagenoeg 93% volgens die waarde van hul eise.
The American company Conservatorium en 'n related lender het teen die skema gestem, soos hulle ook voor die tyd aangedui het hulle gaan doen. Hul stem persentasie verteenwoordig egter less than 8% van die stemme volgens die waarde van die eise.
The reëlingskema moet nou deur die courtyard was besieged. The word op 26 en 27 January via video conference aangehoor.
Special the goedkeuring van die skema, en the daring goedkeuring van die skikkingsooreenkoms, sou likwidasie Steinhoff in die gesig gestaar het.
Geen date is nog vasgestel vir the stemming oor the skikkingsvoorstelle never.
Conservatorium het in September suksesvol in the hooggeregshof in Kaapstad toegetree tot die eis wat Christo Wiese se ondernemings Thibault en Titan teen Steinhoff ingestel het vir the dungeon wat gely is met die ineenstorting van die groep se aandeelprys.
Conservatorium verteenwoordig sewe van die agt banke wat in 2016 'n reuse-lening verskaf het aan die Nederlands geregistreerde maatskappy Upington, waarvan Wiese in daardie stadium die meerderheidsaandeelhouer was en waarin other partye soos Markus Jooste, voormalige van Steinhoff beleerde, oetof .

The money is deur Upington van die banke geleen om Steinhoff-aandele te koop om sodoende finansiering aan die groep te verkaf vir die Verkryging van die kleinhandelmaatskappye Mattress Firm en Poundland.
Conservatorium voer aan Upington het Steinhoff-aandele, tesame met the related eise wat aan die aandele is coupled, as sekuriteit vir die lening gee.
Nadat Steinhoff se aandeelprys einde 2017 ineengestort het toe ongerymdhede met sy boeke aangekondig is en Jooste thanks het, het Upington in gebreke gebly om die uitstaande bedrag, also € 1 miljard beloop het (R18,5 miljard teen vandag se wisselkoers) .
Conservatorium het in die hofsaak aangevoer ná Steinhoff se ineenstorting het Wiese die reg op die eise aan sy Titan-maatskappy oorgedra.
Conservatorium voer aan dat hy die eienaar is van die regte om 'n eis teen Steinhoff in te stel.
Steinhoff het besluit om the skikkingsbedrag van die een eis aan Titan te betaal, the spyte daarvan dat Conservatorium dit betwis dat meadow daarop is agitated. The skikkingsbedrag wat here the sprake is, beloop R7.9 miljard.
The skikkingsbedrag vir the other ice (wat sowat R1,5 miljard beloop) word opsygesit totdat the dispuut tussen meadow en Conservatorium is opgelos.

 

 

https://www.netwerk2...houers-20201217

[Investment novice]

Do we expect alot more pressure...speculators may dump causing price lows sub r1 again, maybe low would be r1.15....should we buy more mid jan???

[DayTraderDad]

Doesn’t make sense, unless someone knows they gona shut their doors in the next couple weeks

Here is your answer: 

 

https://www.independ...t-b1774761.html

[DeltaHedge]

Yep...crazy dropped almost 20%.....may see flattening at 0.06, ....or find 0.05 again....but we now end jan....we heading northwards again....byt as unpredicatble as this share is after 2 days of dumping may find new gains. Or...not....

Doesn’t make sense, unless someone knows they gona shut their doors in the next couple weeks

[Investment novice]

Yep...crazy dropped almost 20%.....may see flattening at 0.06, ....or find 0.05 again....but we now end jan....we heading northwards again....byt as unpredicatble as this share is after 2 days of dumping may find new gains. Or...not....

[Investment novice]

Yep...crazy droped almost 20%.....may see flattening at 0.06, ....or find 0.05 again....but we now end jan....we heading northwards again....byt as unpredicatble as this share is after 2 days of dumping may find new gains. Or...not....

[Tom]

About 5 million shares were dumped all of a sudden at 16:23:33.

Edited by Tom, 16 December 2020 - 05:32 PM.

[Investment novice]

The dump has commenced , the initial 10% post news wiped out by close of business yesterday and 8% already this morning...will create a nice buy opportunity

[DayTraderDad]

Algo’s are making a killing! 
Equal legs down, Equal legs up and back to 50%.

Exactly well spoted KP7. The reason it rose was algorithm reacting on the news but then they reset the machines because the news was already known before the meeting. Made a good few bucks.

Edited by DayTraderDad, 15 December 2020 - 07:40 PM.

[DeltaHedge]

I am calling on the godfather @Andi, whats your view here ?

[KP7]

Algo’s are making a killing! 
Equal legs down, Equal legs up and back to 50%.

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[KP7]

I hope to see a breakthrough through the €0.08.  It seems like a great resistant level.... once we break that I think €0.11-0.12 is on the cards in a very short time..

Yes, 15 April 2020 high.

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[Polla]

Tradegate with a lovely spike up 12% 0.8....frankfurt still flat???.
Whats the high court ruling...there were 2 creditor objections....if uncertainty will see pump and dump...hoping a nice new base at r1.50, highs at r1.60

I hope to see a breakthrough through the €0.08.  It seems like a great resistant level.... once we break that I think €0.11-0.12 is on the cards in a very short time..

[Investment novice]

Tradegate with a lovely spike up 12% 0.8....frankfurt still flat???.
Whats the high court ruling...there were 2 creditor objections....if uncertainty will see pump and dump...hoping a nice new base at r1.50, highs at r1.60

[AMG76]

Tradegate is spiking on the news.

[DayTraderDad]

https://www.sharenet...eq=70&scode=SNH

 

Sens out. All is well with this world

Great now we just need Brexit deal and SNH will fly!!!

[Sleepwa123]

https://www.sharenet...eq=70&scode=SNH

 

Sens out. All is well with this world

[DeltaHedge]

Should hopefully hear something today:

 

The SIHNV/SEAG CPU Scheme meetings will take place at 10am (London time) (for the Facility
A1 SEAG creditors meeting) and 12pm (London time) (for the Facility A2 SEAG creditors
meeting) on 15 December 2020. Details of the meetings are set out in the Explanatory
Statement to be provided to the scheme creditors.

 

 

Good Luck All

[Sleepwa123]

Should hopefully hear something today:

 

The SIHNV/SEAG CPU Scheme meetings will take place at 10am (London time) (for the Facility
A1 SEAG creditors meeting) and 12pm (London time) (for the Facility A2 SEAG creditors
meeting) on 15 December 2020. Details of the meetings are set out in the Explanatory
Statement to be provided to the scheme creditors.