15225 replies to this topic

[Lionelza1]

Ah all info released.... What are you guys expecting to happen w.r.t share movement?

I'm expecting to see one moer se pomp

Holy crap... One moer se dump

[Lionelza1]

We have the very first set of audited financials with some really good numbers. We also have a court precedent which will anger a really big claimant in Christo wiese......
The company has a nice cash flow. Some really strong assets. Think provides for some value to be realised..... Covid is a dampener on the stock market. Expect this share to make some really amazing gains in the coming days with some climbs.. And pull backs and further climbs...
Why have we got r2 as a ceiling, maybe the first hurdle but we should be north of r6

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I'd like to see it pass the R1. 40 first... R2 being the second hurdle... Then my balls gonna get excited again

[Lionelza1]

Ah all info released.... What are you guys expecting to happen w.r.t share movement?

I'm expecting to see one moer se pomp

[Tom]

With the South African court ruling that:

1- a share holder (including previous ones) cannot sue other share holders.

2- Steinhoff is the sole entity that can sue the wrong doers, and so compensations can only be awarded to Steinhoff.

That will make Wiese's and old TT owner's cases invalid, as not only were they share holders, but also insiders and part of the management.

According to me it's Steinhoff that should sue Wiese for reckless and negligence, as he was party to the demise of Steinhoff (so he was largely victim of himself, not of Steinhoff).

 

As for the class action in The Netherlands and Germany, the law there may or may not be the same, but if a ruling is achieved which will take many years, then usually the compensations are not that significant and will probably ruled to be paid in affordable installments, and isn't for the share holders that were part of Steinhoff's management at the time.

[Tom]

"As a result, the refinanced debt can be repaid directly by Steinhoff N.V.’s subsidiaries without having to upstream dividends to Steinhoff N.V. in order to achieve this."

The quoted above is the advantage of the CVA (over the old cancelled Lock-Up Agreement), where this will release the pressure off Steinhoff and off the its subsidiaries.

[Milo]

Revenue growth was driven by the general merchandise businesses in Europe (Pepco Group) and Africa (Pepkor Africa), both of which continued to expand during the year. Pepco Group, in particular, is growing at a rapid pace, driven by further expansion of its store footprint in central and eastern Europe

[Tom]

"The Group reported revenue growth from continuing operations of 5% to €12.0 billion"

[Tom]

"For continuing operations, the Group’s operational segmental EBITDA increased by 10% to €877 million"

[woolhoff]

We have the very first set of audited financials with some really good numbers. We also have a court precedent which will anger a really big claimant in Christo wiese......
The company has a nice cash flow. Some really strong assets. Think provides for some value to be realised..... Covid is a dampener on the stock market. Expect this share to make some really amazing gains in the coming days with some climbs.. And pull backs and further climbs...
Why have we got r2 as a ceiling, maybe the first hurdle but we should be north of r6

Sent from my SM-G950F using Sharenet Sharechat mobile app

Id love to agree with you IN.No buts.Ive been waiting patiently to see R6 for the past 3 years. Lets hope things materialise positively.

[Tom]

https://www.steinhof...RT-2019_web.pdf

[Investment novice]

We have the very first set of audited financials with some really good numbers. We also have a court precedent which will anger a really big claimant in Christo wiese......
The company has a nice cash flow. Some really strong assets. Think provides for some value to be realised..... Covid is a dampener on the stock market. Expect this share to make some really amazing gains in the coming days with some climbs.. And pull backs and further climbs...
Why have we got r2 as a ceiling, maybe the first hurdle but we should be north of r6

Sent from my SM-G950F using Sharenet Sharechat mobile app

[DayTraderDad]

Nice viagra injection going on.....if this continue to happen days AFTER figures released... game on baby

If Conforama deal is completed tonight then we will have a good run.

[Lionelza1]

We might see Lionelza's R2 shortly.....hoping....

Nice viagra injection going on.....if this continue to happen days AFTER figures released... game on baby

[AnbanM]

Ho dear now 0.061

We might see Lionelza's R2 shortly.....hoping....

[DayTraderDad]

I think we will see E0.06 by close

Ho dear now 0.061

[Lionelza1]

Question to you all, dont you find today diferent usually a good run up then drop yet today nothing? Could it be figures now more secretive?

I agree with you in that before we saw a run up about 2-3 weeks before figures released, then when figures released we saw the drop.

This time seems to be different in terms on time frame for run up..... Will be interesting to see what happens when figures r released

For me I will get excited once it hits over R2 and keeps going up AFTER figures released

[DayTraderDad]

.0577 euro now ....aboutR1.12

I think we will see E0.06 by close

[AnbanM]

The run started in tradegate

.0577 euro now ....aboutR1.12

[AnbanM]

The run started in tradegate

[DayTraderDad]

Not at all, the last "related party transaction" Executive left 18 May..now we are all on the same flat playing field.

The run started in tradegate