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Steinhoff


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#7661 Bubble

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Posted 13 August 2019 - 01:30 PM

Market has spoken.

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#7662 MrGermanGuy

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Posted 13 August 2019 - 12:53 PM

http://www.steinhoff...or-dealings.php

Should soon be filled by some
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#7663 MrGermanGuy

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Posted 13 August 2019 - 12:48 PM

Bid is growing a bit....


Keep in mind, 2020 iPo Pepkor EU and reducing debts in big figures

250 Mio up to Billions €
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#7664 DayTraderDad

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Posted 13 August 2019 - 12:40 PM

Any thoughts about the presentation?


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#7665 DayTraderDad

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Posted 13 August 2019 - 12:32 PM

Might be no need to raise capital, interest rates will stay low

Yes I agree but then that is what should have been said and not to mention the need to go to shareholders to raise capital.


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#7666 DayTraderDad

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Posted 13 August 2019 - 12:31 PM

The news articles flooding:

 

Steinhoff says it will struggle to turn a profit in coming years

 

https://www.cnbcafri...n-coming-years/


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#7667 MrGermanGuy

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Posted 13 August 2019 - 12:25 PM

I guess the investors were not impressed with the possibility of Capital raising by 2021!


Might be no need to raise capital, interest rates will stay low
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#7668 DayTraderDad

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Posted 13 August 2019 - 12:22 PM

I guess the investors were not impressed with the possibility of Capital raising by 2021!


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#7669 Bubble

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Posted 13 August 2019 - 11:35 AM

Sorry I was wrong this is very interesting.

Ditto


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#7670 LarryK

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Posted 13 August 2019 - 11:34 AM

Sorry I was wrong this is very interesting.
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#7671 Captainfrom82

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Posted 13 August 2019 - 11:23 AM

Huge jump in share price when Philip mentioned that Easter in 2H for FY2019 will see an improvement in the FY results.

 

Almost to the second when he mentioned it.  And on a much larger volume than the previous hour.


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#7672 andi222

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Posted 13 August 2019 - 10:49 AM

Yes Du Preez said its implemented. Started yesterday morning :D


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#7673 MrGermanGuy

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Posted 13 August 2019 - 10:00 AM

Slide 42
CVA!
Already commenced
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#7674 MrGermanGuy

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Posted 13 August 2019 - 09:59 AM

Slide 42
CVA!
Already commenced
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#7675 MrGermanGuy

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Posted 13 August 2019 - 09:58 AM

Here we go

http://www.steinhoff...30819 FINAL.pdf
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#7676 LarryK

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Posted 13 August 2019 - 09:50 AM

If the case then why bother?

Seriously hope they start showing their hand.
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#7677 andi222

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Posted 13 August 2019 - 09:42 AM

Imagine they would announce implementation of CVA plus they give a detailed plan how they want to refinance their debt. 

 

But as mentioned before I think there will only be repetition of what has already been said unfortunately :/ I think it will be another non-event for the share price.


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#7678 Bubble

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Posted 13 August 2019 - 09:24 AM

Radio silence!

 

I do not expect sparks today, expecting a re-hash of what we know already.

 

They can paint the best picture, but without a value accounted for on the litigation and an opinion on the AFS, sideways we go.


Edited by Bubble, 13 August 2019 - 09:26 AM.

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#7679 LarryK

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Posted 12 August 2019 - 12:52 PM

Decent volume trading on jse
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#7680 MrGermanGuy

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Posted 12 August 2019 - 12:01 PM

Outlook should be interesting tomorrow

Maybe we see later the signed credit agreement in August
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