15225 replies to this topic

[Squideye]

KZN floods: PEP owner closes Durban distribution centre after 'significant damage' @ https://www.news24.c...damage-20220413

[Squideye]

Vloede: Klere en ander produkte kan nie uit Durban kom @ https://www.netwerk2...an-kom-20220413

[Squideye]

Pepkor and the KZN floods https://www.sharenet...0&seq=34&scode=

[Squideye]

Mr P, competition for Pepkor...!?   https://www.sharenet...00&seq=1&scode=

[Africa1962]

something to look forward to for PepcoEu

 

Title Date Calendar downloads FY22 H1 Trading Pre-Close 21 April 2022

[Zeebo]

I think it’s worse. Market hates uncertainty and right now there is no easy out in sight and no one is communicating.
When I asked the Investor Relations oke, the answer I basically got was “you will hear when your hear”. Seemed not to care and quite defensive at the same time.

Meanwhile, for the umpteenth day, the share keeps dropping. Surprised the noise on here is not louder🤷🏼‍♂️

[Tiekkie]

Is it just me or is the silence from mgt deafening? Price has been steadily dropping since Jan post-settlement when it should be going the other way!

Even after the last plan at the AGM a was shot down, there should be some communication.

I don’t like the silence. I don’t like it one bit.

my two cents is that the settlement should be finalized....there is still. A window for people to apply for it . After all that ia said and done then they will be able to value tje business

[Zeebo]

Is it just me or is the silence from mgt deafening? Price has been steadily dropping since Jan post-settlement when it should be going the other way!

Even after the last plan at the AGM a was shot down, there should be some communication.

I don’t like the silence. I don’t like it one bit.

[Squideye]

from 14:30 to 20:30

 

[Africa1962]

https://www.furnitur...marketing-post/

[Squideye]

The Motley Fool...

Attached Files

•  20220410.pdf   1.38MB   34 downloads

[DeltaHedge]

Whats news, we waiting for the death-melt or the melt-up.

[Squideye]

...https://www.news24.c...atal-20220406-3

[Squideye]

What's holding back the share price?

Attached Files

•  20220405.pdf   2.78MB   41 downloads

[new john]

Pdoc: Anfrage 18:33 (04.04.22) @ https://www.ariva.de...onsforum-577450

Dear xxx

Thank you for your email.

As stated clearly by the CEO at the AGM – there are currently no plans to either buy back or issue shares. Please bear in mind that the group has almost EUR10bn in debt. In addition the Resolution for the Managing Directors Share Plan was voted down.

A huge amount has been achieved by this management team over the past four years resulting in a significant reduction in the risks associated with the company. The unqualified audit opinion confirmed that. The focus now is to complete step 3 of the three-step plan (restructure the debt in line with the reduced risk assessment).

Kind regards

Tyrrel Murray

Steinhoff Investor Relations

Operative word being ‘currently’

Fact remains; if it was voted through, we’d be sitting with quite the bill to pay.

[Squideye]

Market is spooked now that the cat is out of the bag regrading issuing shares to raise capital.

Double edged sword. Shareholders voted it down, so unless management has a plan b, future still looks uncertain.

 

Pdoc: Anfrage 18:33 (04.04.22) @ https://www.ariva.de...onsforum-577450

 

Dear xxx

 

Thank you for your email.

 

As stated clearly by the CEO at the AGM – there are currently no plans to either buy back or issue shares. Please bear in mind that the group has almost EUR10bn in debt. In addition the Resolution for the Managing Directors Share Plan was voted down.

 

A huge amount has been achieved by this management team over the past four years resulting in a significant reduction in the risks associated with the company. The unqualified audit opinion confirmed that. The focus now is to complete step 3 of the three-step plan (restructure the debt in line with the reduced risk assessment).

 

Kind regards

 

Tyrrel Murray

 

Steinhoff Investor Relations

[new john]

Market is spooked now that the cat is out of the bag regrading issuing shares to raise capital.

Double edged sword. Shareholders voted it down, so unless management has a plan b, future still looks uncertain.

[DayTraderDad]

Hello group.

Anyone any thoughts on what’s going on here?

I am waiting on announcement how the debt is going to be reduced and financial restructure being progressed. 

[LarryK]

Hello group.

Anyone any thoughts on what’s going on here?

[Squideye]

  Moody's @ https://www.bloomber...able-by-moody-s