7 votes
Sage
Posted 18 February 2020 - 12:33 PM
Lionelza1, expect a decent pump until results next week. In addition Steinhoff might be included into S-dax again due to current MC and volumes. There will be a solid pump then. In April results are due, expect another pump and May there is an analyst day. Expecting some news regarding Pepco group future. Again another pump haha.
I think u will see your 2 Rands and even higher levels within the next few months.
The Oracle
Posted 18 February 2020 - 12:33 PM
Master
Posted 18 February 2020 - 12:24 PM
Lionelza1, expect a decent pump until results next week. In addition Steinhoff might be included into S-dax again due to current MC and volumes. There will be a solid pump then. In April results are due, expect another pump and May there is an analyst day. Expecting some news regarding Pepco group future. Again another pump haha.
I think u will see your 2 Rands and even higher levels within the next few months.
Sage
Posted 18 February 2020 - 11:43 AM
Little Master
Posted 18 February 2020 - 10:03 AM
S
Edited by Pilotpilot, 18 February 2020 - 10:05 AM.
Invest in what you know - Warren Buffet
Advanced Member
Posted 17 February 2020 - 08:51 AM
Andi..... Any ideas on the quantim of pics transactions.... Also what would the new nav be assuming the playout of events as you highlighted... If you have access to shareholding please confirm if cw also has been adding to his portfolio....
Sent from my SM-G950F using Sharenet Sharechat mobile app
CW added nothing in Jan. I think it is more around owing 6% of the company than an expectation of share price growth...some trick of sort, cannot point the reason.
PIC added 8mil shares, nothing to get too happy about. This is not the main PIC holding, they have 2. The main one added nothing since Dec 18. The second holding has been adding for the last few months. July they had 20mil, and now sit on 54mil. They just do not have other options on the JSE, hence adding this cheap risky stuff.
The main PIC holding is also around 6% ownership, and adds nothing. Something around that 6% that give them more power, need to understand that.
The Oracle
Posted 17 February 2020 - 07:23 AM
The Oracle
Posted 14 February 2020 - 06:31 PM
It will keep going upwards in the following weeks I think.
There will be a run-up to Q1 numbers. All operating units seem like performing exceptionally well.
In March there will be an Index check for the S-Dax. With current market cap and volumes Steinhoff will be added again. Meaning funds need to buy to reflect the Index.
Full year numbers coming up in April.
So the next three months will see some big spikes either way.
Apparently PIC has bought more shares in January.
Very interesting to note on legal claims. GP seems like to be solved very soon hopefully. If this is the case the share price will rise sharply. Why? If those legal claims are out of the way they will help to increase Steinhoffs market cap. A higher market cap of Steinhoff would mean that there is value in the company which would defeat most (excl. Tekkie town) of the vendor claims as they are claiming that Steinhoff is worth nothing. (They got Steinhoff shares for their businesses).
Think about it, if Steinhoff manages to get all vendor claims under one basket, it would mean that this will be deferred for years to come. But, that would be beneficial to Steinhoff because if the operating units perform well and the loans are refinanced the share price will rise making most of the vendor claims useless as they are claiming Steinhoff is worth nothing however it actually is in the next couple of years.
Just my thoughts.
I agree Andy lets face it if PIC and all other claimants buy shares now they will make more money than going through the courts!!!!
The Oracle
Posted 14 February 2020 - 06:28 PM
Will b happy when I see R2... Why dnt u pomp this share instead of short.... I'll book a ticket for u and cappy con... Can keep me company
Haha Lionel you still don´t get it. I did very well on this run like I said many times SNH is the best ATM I have found. from 85 cts to R1.70 its a good run.
The Oracle
Posted 14 February 2020 - 06:21 PM
Will b happy when I see R2... Why dnt u pomp this share instead of short.... I'll book a ticket for u and cappy con... Can keep me company
Haha Lionel you still don´t get it. I did very well on this run like I said many times SNH is the best ATM I have found. from 85 cts to R1.70 its a good run.
Master
Posted 14 February 2020 - 11:24 AM
It will keep going upwards in the following weeks I think.
There will be a run-up to Q1 numbers. All operating units seem like performing exceptionally well.
In March there will be an Index check for the S-Dax. With current market cap and volumes Steinhoff will be added again. Meaning funds need to buy to reflect the Index.
Full year numbers coming up in April.
So the next three months will see some big spikes either way.
Apparently PIC has bought more shares in January.
Very interesting to note on legal claims. GP seems like to be solved very soon hopefully. If this is the case the share price will rise sharply. Why? If those legal claims are out of the way they will help to increase Steinhoffs market cap. A higher market cap of Steinhoff would mean that there is value in the company which would defeat most (excl. Tekkie town) of the vendor claims as they are claiming that Steinhoff is worth nothing. (They got Steinhoff shares for their businesses).
Think about it, if Steinhoff manages to get all vendor claims under one basket, it would mean that this will be deferred for years to come. But, that would be beneficial to Steinhoff because if the operating units perform well and the loans are refinanced the share price will rise making most of the vendor claims useless as they are claiming Steinhoff is worth nothing however it actually is in the next couple of years.
Just my thoughts.
Sage
Posted 14 February 2020 - 11:07 AM
Good to see Lionel all happy again!!!!
Member
Posted 14 February 2020 - 11:03 AM
Hopefully Steinhoff will fly over the R2.00 mark soon
I am just glad it is increasing even if gradually.
The Oracle
Posted 14 February 2020 - 09:53 AM
For me this run up is overdone. I think it is the people wanting to buy PEPCO that are mopping up shares. My reason being that it is actually very negative to sell PEPCO so don´t quite understand the excitment. I am expecting the usual pull back but again with SNH no one can really tell.
Advanced Member
Posted 14 February 2020 - 09:21 AM
Hopefully Steinhoff will fly over the R2.00 mark soon
The Oracle
Posted 14 February 2020 - 08:11 AM
Day trader waiting for your analysis and projections...
Sent from my SM-G950F using Sharenet Sharechat mobile app
For me this run up is overdone. I think it is the people wanting to buy PEPCO that are mopping up shares. My reason being that it is actually very negative to sell PEPCO so don´t quite understand the excitment. I am expecting the usual pull back but again with SNH no one can really tell.
The Oracle
Posted 13 February 2020 - 09:28 PM
The Oracle
Posted 13 February 2020 - 08:13 PM
Yea it wudve opened higher on jse but there was a big dump on tradegate at opening
I reckon dump in morning session then up in afternoon session.. R2 by closebwhaaaa
Good to see Lionel all happy again!!!!
Member
Posted 13 February 2020 - 03:33 PM
Yea it wudve opened higher on jse but there was a big dump on tradegate at opening
I reckon dump in morning session then up in afternoon session.. R2 by close
let's see 
...vouching 4 u
Sage
Posted 13 February 2020 - 12:00 PM
6% up today...not too bad, as long as its increasing
bwhaaaa
