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Steinhoff


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#41 Lionelza1

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Posted 21 February 2019 - 12:51 PM

https://ewn.co.za/20...ore-dutch-court

 

The drama has started and the PwC report didn't even come out yet.

And much more drama is still to come yet.

the court must grant this as this will in a way protect shareholders in SA coz the JSE is USELESS.....i feel its a great petition that will allow transparency of information. steinhoff already proved what a bunch of liars they are....MJ is gone ya but his force is still strong in steinhoff.

 

And if the court does grant this.....oooooo ya big kak, maybe this could force steinhoff to suspend this share 


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#42 Tom

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Posted 21 February 2019 - 12:37 PM

https://ewn.co.za/20...ore-dutch-court

 

The drama has started and the PwC report didn't even come out yet.

And much more drama is still to come yet.


Edited by Tom, 21 February 2019 - 12:38 PM.

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#43 Lionelza1

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Posted 21 February 2019 - 11:34 AM

There's 1 long drop..... So did not expect that.... Won't be surprised now if another follows
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#44 LarryK

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Posted 21 February 2019 - 01:29 AM

On the way to Bali for a week.

Take it easy ladies and gents
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#45 DayTraderDad

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Posted 20 February 2019 - 01:11 PM

Will be interesting to see how many shares TITAN bought this month!!!


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#46 DayTraderDad

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Posted 20 February 2019 - 01:01 PM

Q1 they shouldnt be any issues with releasing that.....my concern is LUA and Pwc....

I am more worried about Conforama and Mattress firm Q1 update. The PwC will not bring new things it will simply bring proof of what went on and will assist with the defence of the court cases and able SNH management to take action against the implicated parties and ask for their money back. LUA or CVA is on track and will be concluded when the restructuring is done which by the 18th April will be know. The outstanding dispute of the LSW is pending court action so expect it will take time to sort.

 

Best is get a case of green beer a fishing rod and go on holidays until the 28th Feb.


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#47 DayTraderDad

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Posted 20 February 2019 - 12:37 PM

yup....if i do buy more today and this thing goes south.....eish im in kak lol

 

am watching closely

 

I think you would be safer to by EOH !!! Hahaha


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#48 Tom

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Posted 20 February 2019 - 11:52 AM

https://www.business...als-steinhoffs/

https://www.fin24.co...-board-20190220

 

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#49 Lionelza1

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Posted 20 February 2019 - 10:32 AM

Q1 they shouldnt be any issues with releasing that.....my concern is LUA and Pwc....

*** that ****.....im not adding more....will wait for next week......this management needs to prove first they not useless and clueless then i'll part with more of my money


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#50 Lionelza1

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Posted 20 February 2019 - 10:24 AM

Q1 they shouldnt be any issues with releasing that.....my concern is LUA and Pwc....
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#51 Lionelza1

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Posted 20 February 2019 - 10:22 AM

1st hour is looking good.....temptation for me is getting higher....but im also kakking off .....eish


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#52 LarryK

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Posted 20 February 2019 - 10:16 AM

@lionel you sound like an expert with that analysis mate!

Hopefully R2,00 won’t have too much resistance (should we get there) but expect it.

Suddenly we’re all watching this sucker closely.
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#53 Lionelza1

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Posted 20 February 2019 - 10:03 AM

HAHAHA, my wife took away the keys to the safe, she is done with losing more rondts. (I am captured)

yup....if i do buy more today and this thing goes south.....eish im in kak lol

 

am watching closely


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#54 Bubble

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Posted 20 February 2019 - 09:56 AM

got permission from the wife this am..managed to convince her :D.....im pumping this useless thing today......as for the delays, i'm gonna tata ma chance......i mean they cant *** up ALL the time can they?.....hahaha oh boy

HAHAHA, my wife took away the keys to the safe, she is done with losing more rondts. (I am captured)


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#55 Lionelza1

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Posted 20 February 2019 - 09:50 AM

ya ne......right time to think about buying would be next week....to be on the safe side because there's still time for them to delay things.....and yea if there's another delay....eish babba 


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#56 Bubble

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Posted 20 February 2019 - 09:41 AM

German borsen twitter feed. They recon it is UP or bust soon.

 

Just as peed off with Management as Lionelza 1.

My view, with a Lawyer CEO doing everything by the book/law means, "it is too risky to get out of bed in the morning" like the rest of them lawyers, hence the delays with everything. Legal department all over are business prevention units.

 

Will they go bust in 8 days? My view, if the PWC report had something severe enough, management would/should have reported it already and voluntarily pulled/suspended the share.(lawyers would have recommended that to keep current management out of jail)  They did not do this. I recon they gonna blame MJ(and some of his insider Wilgenhof maatjies) and Accounting standard that allowed this to happen.

Steinhoff Share: That's why the stock explodes or crashes in 9 days

Börsen.Briefing.

 

 

19.02.2019 - 16:18 clock

Steinhoff0.12  € + 3.00%

Steinhoff, a troubled furniture retailer, continues to be one of the most discussed and most heavily traded penny stocks in Germany, repeatedly attracting attention with price caps. The day of truth is getting closer and closer. Today, in nine days, the stock will collapse - either collapse completely or explode.  

Stay with the  Börsen.Briefing.  - the new daily newsletter of the SHAREHOLDERS - every trading day up to date. Register now for free at www.boersenbriefing.de

A little message here, an announcement there. But the shareholders of Steinhoff International Holding have not really seen anything tangible in a long time. They are desperately waiting for numbers, data and facts about the course of business. They are finally to follow, bit by bit, but at least - little is more than nothing. Steinhoff will publish an interim report on the course of the financial year 2018/19 on February 28 - in nine days - provided the company complies with its own announcement.

By then, the stock will most likely attract attention with a significant price reaction. A few days ago, SHAREHOLDERS Andreas Deutsch wrote at this point: "If the trend in sales clearly down, this should put the stock powerful under pressure." Otherwise, it could grow significantly.

The long-awaited reports for the 2016/17 and 2017/18 fiscal years, on the other hand, are unlikely to be published until 18 April 2019. 

Meanwhile, law firms are mobilizing against the company. In an interview with the SHAREHOLDERS, lawyer Maximilian Weiss recently called on investors to inform themselves about possible transactions, at least free of charge.


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#57 Lionelza1

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Posted 20 February 2019 - 09:26 AM

got permission from the wife this am..managed to convince her :D.....im pumping this useless thing today......as for the delays, i'm gonna tata ma chance......i mean they cant *** up ALL the time can they?.....hahaha oh boy


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#58 Lionelza1

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Posted 20 February 2019 - 09:03 AM

Curious why you think no sell offs when so many day trading this?

there are sell offs, i am saying no big sell offs, going with the general market trend since the restructuring, there has been a up in anticiption of feedback from snh. we were told they will be releasing Q1 thurs next week, we were told pwc will be finalised end dec 2018 but they then extended that to end feb, we were also told LUA finalised 21 oct 2018, extended to Nov 2018, further extended to end feb 2019.

 

looking at the trend, seems like the buy is on and that started last week friday. Having said that we did see a upward trend started last week in Jan 2019, but that was short lived as there were big sell offs, i feel it is too close now (1 week before anticipated info) for there to be any big sell offs........if they keep to their word that is....coz if they announce further delays this share price gonna kak off again....we've seen that happened with previous delay announcements 


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#59 Midas1

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Posted 20 February 2019 - 08:40 AM

Curious why you think no sell offs when so many day trading this?
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#60 Lionelza1

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Posted 19 February 2019 - 10:05 PM

Yea this is on that up... I'd be very surprised to see big sell offs before Q1?
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