15225 replies to this topic

[Tiekkie]

This company just can't seem to get it right.

[Squideye]

Pepco reveals plans to start operating in Portugal in 2023 @ https://europe-citie...rtugal-in-2023/

[Squideye]

  Gone with the wind...https://mg.co.za/new...han-morar-dies/

 

Some might remember...

 

Roshan Morar, the former - and controversial - deputy chairperson of the Public Investment Corporation (PIC) board.

 

The Mpati commission found that while Morar was chairperson of the PIC’s investment committee, the committee approved a billion-rand loan to the Lancaster Group to buy a 2.7 % stake in the Steinhoff Group. Morar had been appointed to the board of L101, a Lancaster subsidiary, which represented a conflict of interest. The bulk of the PIC’s R9.4-billion investment in Steinhoff through the deal had to be written off.

[Squideye]

Steinhoff - Off the Radar @ https://www.moneyweb...g-company-debt/

[DeltaHedge]

I only managed to catch a piece of the presentation.
Did the debt forward plan get addressed head on?

What I heard and what I read in the deck is underwhelming. I truly see no concrete plan to get the debt down while retaining shareholder value.

I am afraid we’ll be back to selling the last few crown jewels and a fresh resolution to issue more shares for debt. With a recession and rate hikes looming I am even more skeptical. I see the share price staying depressed for at least the next year and really regret not cashing out in Jan. I should’ve read the tea leaves then already.

why did no one answer this

[Squideye]

Steinhoff sukkel met sy skuldlas weens marktoestande.

Steinhoff se kopsere om sy berg skuld te verminder het net toegeneem die afgelope ses maande met die styging in rentekoerse ten einde inflasie in toom te hou.

 

https://www.netwerk2...stande-20220803

[Squideye]

Disclosure of acquisition of securities @ https://www.sharenet...0&seq=40&scode=

[Squideye]

PwC-verslag - Vir nou behoort wasgoedlyne ten minste gereed te wees aangesien dit moontlik bly dat vuil wasgoed nog steeds in die openbaar uitgesaai kan word...

Attached Files

•  20220803.pdf   4.11MB   13 downloads

[DeltaHedge]

Whose still holding ?

[Squideye]

September 2022 Shares and Free Float Updates – Timetable @ https://www.sharenet...0&seq=43&scode=

[DayTraderDad]

Pigmentation   @ https://www.dailymav...ng-directorate/

Haha blame pigmentation for lack of skills! Ilove the SA government approach.

[Squideye]

Pepkor se Brasiliaanse winkels laat die rande inrol. Pepkor se nuwe Brasiliaanse klerewinkels het binne net ’n paar maande ’n groot positiewe impak op die groep se syfers gemaak.

 

https://www.netwerk2...-inrol-20220729

[Zeebo]

Good article but not very comforting.
Still can’t shake the feeling of being drip fed years later.
Now there’s talk of more litigation and possible further fines for pre-2017 issues.
Complexity and regulatory requirements apply to all listed companies. For SNH it’s a smokescreen IMHO.

[Squideye]

Steinhoff sets aside €100m for lawsuit amid ‘complex debt talks’ @ https://www.business...lex-debt-talks/

[Zeebo]

I only managed to catch a piece of the presentation.
Did the debt forward plan get addressed head on?

What I heard and what I read in the deck is underwhelming. I truly see no concrete plan to get the debt down while retaining shareholder value.

I am afraid we’ll be back to selling the last few crown jewels and a fresh resolution to issue more shares for debt. With a recession and rate hikes looming I am even more skeptical. I see the share price staying depressed for at least the next year and really regret not cashing out in Jan. I should’ve read the tea leaves then already.

[Squideye]

Steinhoff prepares for trial in quest to claw back R850 million from Markus Jooste @ https://www.news24.c...jooste-20220729

[Squideye]

Presi @ https://www.steinhof...9 July 2022.pdf

[Squideye]

did the stream shut down on others as well?

Load shedding at the Stellenbosch HQ...??? 

[Africa1962]

the registry did not allow me to put any questions

did the stream shut down on others as well?

[Africa1962]

Did you put them forward ??

 

the registry did not allow me to put any questions