15225 replies to this topic

[Lionelza1]

And I bought shares because I believe that snh can turn around... But this management.... Aai caramba... Useless

[Lionelza1]

We said it many times....always a pump and dump.....and even when it reaches new highs and lows..
This is a traders heaven

Ur missing the point, pay carefull attention to the market trend.... It's going down! And when there is a pump, it's not higher than the previous high.

You would agree with me that there has been great news this far, but then why is the share price going in ONE overall direction... DOWN.

I do have shares and my avg is R1.25. Do I want to see an overall up? Hell yes, but what I'm seeing is Polly's big fat zero comming, even with good news comming thru.

[Lionelza1]

We said it many times....always a pump and dump.....and even when it reaches new highs and lows..
This is a traders heaven

Ur missing the point, pay carefull attention to the market trend.... It's going down! And when there is a pump, it's not higher than the previous high.

You would agree with me that there has been great news this far, but then why is the share price going in ONE overall direction... DOWN.

I do have shares and my avg is R1.25. Do I want to see an overall up? Hell yes, but what I'm seeing is Polly's big fat zero comming, even with good news comming thru.

[Investment novice]

The market trend over the past 18mnths is so simple, everytime there's news there's a significant pump, then the dump, then newer lows.... Every single time.

Don't guess what low this share can fall to, don't worry of missing out on buying low as some have eluded. Be patient, wait for that consistent UP.... Then u ride that wave

Already back in the 70 cents

We said it many times....always a pump and dump.....and even when it reaches new highs and lows..
This is a traders heaven

[LarryK]

I really don’t want to be that guy, but Lionel is spot on.

Every time there’s any positive news the bulls jump in and declare we will never see this level again blah blah.

Bottom line is look we are 80 odd cents.

I do believe we all have some level of confidence in the possibly of recovery and making a return on our investment, but honestly I have been on this thread for a few YEARS and there’s a group repeating the same verbiage over and over.

As much as we criticize the repeated negative comments, the constant pumpers should also be kept in check. Please be mindful of your comments and think before you post on here - you could affect someone else’s investment decision.

Oh and remember you don’t have to pick a side. Being a neutral is fine.

The market trend over the past 18mnths is so simple, everytime there's news there's a significant pump, then the dump, then newer lows.... Every single time.

Don't guess what low this share can fall to, don't worry of missing out on buying low as some have eluded. Be patient, wait for that consistent UP.... Then u ride that wave

Already back in the 70 cents

[Lionelza1]

The market trend over the past 18mnths is so simple, everytime there's news there's a significant pump, then the dump, then newer lows.... Every single time.

Don't guess what low this share can fall to, don't worry of missing out on buying low as some have eluded. Be patient, wait for that consistent UP.... Then u ride that wave

Already back in the 70 cents

[Lionelza1]

With you on that one.... Seen many times the pump and the dump!

Or if it goes over R4 game on... For now I sip on green beer and watch

Polly's wise words... Mr market will suck you in and spit you out... That's exactly what's happening... Not lockdowns stories or whatever.... Newbies wait to see confidence from Mr market before u jump in

[Lionelza1]

Hi LarryK the fall is due to europe preparing for lockdowns again

Really?

[Investment novice]

Lockdown in Europe won't be a restricted as previous. Fears of economic collapse . Restrictions but trading and business will continue.
Again small volume share movements....so look away...wonder if this delays signing by creditors....perhaps opposite....

[Bubble]

I think this sentence out of the SENS is the problem:

 

"While further work is required to achieve this outcome, including securing the support of certain counterparties who have not yet agreed to do so, the process remains on track."

 

This is the conservatorium I think they are referring to. Again it will be a waiting game.

 

Agree, if they cannot get this, they do not have 75% to go ahead, and all falls flat.

[Bubble]

Out of interest, I watch BDTV(SAs financial channel) almost nightly, not once have I ever heard them discuss SNH. Why is this? 

 

They stopped taking question months ago, and communicated as such.

 

Honestly, it is an unknown, so they cannot give the advice, nor would anyone before they have the certainty around the going concern.

 

Conservatorium has the power in hand.

[Bubble]

Out of interest, I watch BDTV(SAs financial channel) almost nightly, not once have I ever heard them discuss SNH. Why is this? 

 

They stopped taking question months ago, and communicated as such.

 

Honestly, it is an unknown, so they cannot give the advice, nor would anyone before they have the certainty around the going concern.

 

Conservatorium has the power in hand.

[DayTraderDad]

Out of interest, I watch BDTV(SAs financial channel) almost nightly, not once have I ever heard them discuss SNH. Why is this? 

Media only talks about SNH when they can run it down. Now that things are much better they dont want to contradict themselves.

[DayTraderDad]

This share is crazy.

But, like earlier in the year, when we don’t expect it, price should move up.
I personally can’t see any reason why not, unless the settlement fails, which is unlikely?

Hi LarryK the fall is due to europe preparing for lockdowns again

[BradH]

Out of interest, I watch BDTV(SAs financial channel) almost nightly, not once have I ever heard them discuss SNH. Why is this? 

[Investment novice]

Wait for Pepkor to bottom...this is also looking like a very attractive share come 2021 and 2022...

[LarryK]

This share is crazy.

But, like earlier in the year, when we don’t expect it, price should move up.
I personally can’t see any reason why not, unless the settlement fails, which is unlikely?

[Investment novice]

Don't read too much here. Price volatility from speculators happy making the 20c to the rand or converted. Snh could not have put put the sens and started engagements with creditors if they did not have the required percentage to push forward.there may be a few parties holding put for a better deal but they will eventually settle as their Outlook is worse for a protracted case...

Don't worry about the share price moves now ..just buy more....we at tipping point. Remember 12 billion potential euro liability is swept aside within 2 to 5 weeks with the settlement. Read through Andi and dads posts , snh also sitting on cash. Snh also has the right to challenge other parties so some future revenue....
Finally once litigation is resolved.snh has many options available......the most important aspect now is that the road is less uncertain and that debt is the only hurdle now .......which andi can talk a little to......I just bought a chunk of shares....and will get a chunk more end of month after all the bills are settled....

[DeltaHedge]

I think this sentence out of the SENS is the problem:

 

"While further work is required to achieve this outcome, including securing the support of certain counterparties who have not yet agreed to do so, the process remains on track."

 

This is the conservatorium I think they are referring to. Again it will be a waiting game.

 

They used my idea of some PR there haha. 

We need **** to be concluded, no more of this "on the right track stuff"
I am fucked off I didnt cash in at 1.02 and buy now haha , hindsight haha

 

Boys the pain and uncertainty continues, hang in there. 

 

BTW who cashed in at 1.02?

[andi222]

I think this sentence out of the SENS is the problem:

 

"While further work is required to achieve this outcome, including securing the support of certain counterparties who have not yet agreed to do so, the process remains on track."

 

This is the conservatorium I think they are referring to. Again it will be a waiting game.