15225 replies to this topic

[Squideye]

JSE fines ex-Steinhoff CFO Ben La Grange R2m for processing bogus invoice @ https://www.news24.c...nvoice-20220826

[Squideye]

General Censure imposed by the JSE on Mr Ben La Grange @ https://www.sharenet...00&seq=1&scode=

[Squideye]

Die Valke    ondersoek tans 22 477 sake wat meer as 500 000 aanklagte insluit en waarvan die geldwaarde meer as R1 500 miljard beloop.

 

..... Oor Steinhoff sê hy die ondersoek is steeds aan die gang en inligting word ingesamel. “Verskillende aanklagte word oorweeg. Ander is dalk gereed en ander .....

 

https://www.netwerk2...00-mjd-20220823

[Africa1962]

Let's hope BUCO (Pepkor) is doing better... https://www.sharenet...0&seq=21&scode=

 

if your Buco is as bad a my BUCO...the I am sure the answer is No.....they are a hopeless bunch

[Squideye]

Good news for Pepco!

Let's hope BUCO (Pepkor) is doing better... https://www.sharenet...0&seq=21&scode=

[DayTraderDad]

Rates...!? https://www.bloomber...-ahead-eco-week

Good news for Pepco!

[Squideye]

Rates...!? https://www.bloomber...-ahead-eco-week

[Squideye]

  Pepkor...???

 

https://www.bizcommu...160/230675.html

[Squideye]

  Breaking News: Markus J. maak 'n mickey...

Attached Files

•  20220814.pdf   486.51KB   18 downloads

Edited by Squideye, 14 August 2022 - 08:56 AM.

[Zeebo]

Words to live by🙂

[Squideye]

  ...be patient, sit on your hands and play poker face...

 

[Zeebo]

Classic. As if this realisation just dawned on SNH.

[Squideye]

Steinhoff Fraud Suit...

Attached Files

•  20220811.pdf   1.28MB   17 downloads

[Zeebo]

Thanks bud.

[DayTraderDad]

I think you need to keep a good perspective. Nothing has chaged on the debt and exactly what are you expecting out of all the present issues like high inflation pushing interest rates up. But we also know SNH business normaly does well in inflation because the less money people have they stop buying expensive brands and come down to earth to buy value for money.

The war in Ukrane not helping and now China flexing its musckes just going to create more trading issues between USA, Europe and China so brace yourself for much more turmoil. So for me SNH still has winning business and just let the management run with it and in time we will see the results.

 

What exactly one could expect from the present situation. I do believe there is talks going on the debt and like the old shareholders they too eill have to settle for a haircut. Be patient

And about the share price halfing its was due to speculation if you recall I have been saying the real value is about R1.00 but I will be adding more at R1.80

[DayTraderDad]

I think that’s the issue for me. We know what the challenge is and where the opportunities lie but what I am missing is the bridge between the two.
The last presentation was thin there. Other than broad, vague statements there was no substance on the missing middle.
On the debt alone, no mention of any number of options (standstill, consolidation, debt for equity, pref’s, other - I am not a debt restructuring expert and don’t profess to have the answers but these are just a few options I would imagine they are exploring but said nothing about).

Unfortunately wha DID come across loud and clear was was some nondescript new potential major litigation, the store openings and the looming rate hikes and recessionary risks.
Sure, it’s not an easy fix and I agree, the longer term is promising. However the short term is where the challenge lies. In the meantime, the share price has halved in 6 months and in some companies it be a “war room” approach by now.
Ps. If controlled communication is the reason we don’t hear the detail, I suspect a few well drawn SENS would go a long way.

I think you need to keep a good perspective. Nothing has chaged on the debt and exactly what are you expecting out of all the present issues like high inflation pushing interest rates up. But we also know SNH business normaly does well in inflation because the less money people have they stop buying expensive brands and come down to earth to buy value for money.

The war in Ukrane not helping and now China flexing its musckes just going to create more trading issues between USA, Europe and China so brace yourself for much more turmoil. So for me SNH still has winning business and just let the management run with it and in time we will see the results.

 

What exactly one could expect from the present situation. I do believe there is talks going on the debt and like the old shareholders they too eill have to settle for a haircut. Be patient

[Zeebo]

I think that’s the issue for me. We know what the challenge is and where the opportunities lie but what I am missing is the bridge between the two.
The last presentation was thin there. Other than broad, vague statements there was no substance on the missing middle.
On the debt alone, no mention of any number of options (standstill, consolidation, debt for equity, pref’s, other - I am not a debt restructuring expert and don’t profess to have the answers but these are just a few options I would imagine they are exploring but said nothing about).

Unfortunately wha DID come across loud and clear was was some nondescript new potential major litigation, the store openings and the looming rate hikes and recessionary risks.
Sure, it’s not an easy fix and I agree, the longer term is promising. However the short term is where the challenge lies. In the meantime, the share price has halved in 6 months and in some companies it be a “war room” approach by now.
Ps. If controlled communication is the reason we don’t hear the detail, I suspect a few well drawn SENS would go a long way.

[DayTraderDad]

Like so many have been saying for some time, this is becoming a trust issue.

If the ordinary shareholders on here sit quiet and don’t make their voices heard, we’ll continue to be in the dark and just have to accept whatever crap comes down the pipe.

PEPCO is the main growth machine and SNH is sitting with a big debt. So what are we expecting. I believe taking all the termoil in the world SNH still coping and I am sure very soon we going to get good news about the debt. I am convinced the lenders will make much more money if SNH survives. The share price is also much more stable since the Xetra gamblers got told no more trading. We just need to be paitient.

[Zeebo]

Like so many have been saying for some time, this is becoming a trust issue.

If the ordinary shareholders on here sit quiet and don’t make their voices heard, we’ll continue to be in the dark and just have to accept whatever crap comes down the pipe.

[Zeebo]

Like so many have been saying for some time, this is becoming a trust issue.

If the ordinary shareholders on here sit quiet and don’t make their voices heard, we’ll continue to be in the dark and just have to accept whatever crap comes down the pipe.