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Steinhoff


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#8381 new john

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Posted 19 June 2019 - 09:28 AM

The trading phrase "baked in" comes to mind. Yes, we will see an initial decline, however one cannot argue the evidence of institutions buying in. 

I may be a confirmation biast, but if this share were to completely tank, a part of me feels it would have done so already. 


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#8382 DayTraderDad

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Posted 19 June 2019 - 09:25 AM

Hi Captain whats your thoughts!!!
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#8383 DayTraderDad

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Posted 19 June 2019 - 09:24 AM

Thats the worse of it......will defintaely see downward move ..but someone will mop up now and will see upward trajectory maintained from hereon.....sell if you scared....buy if you brave...or just look away...



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I agree the worst turns out not to be so bad. I guess we still not going to see ZERO soon!!!!
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#8384 LarryK

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Posted 19 June 2019 - 09:23 AM

ah you still around? plse do share your opinion......i am a bit lost as they managed to shut up the 1 person that was giving geniune info and it corresponded to market reaction


Leo please share your thoughts?
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#8385 DayTraderDad

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Posted 19 June 2019 - 09:23 AM

and the expectations posted here is pump pump pump......no pumping happening haha


Hi Lionel you still have not learnt pumping is for gamblers read the comments of Andi its very clear!!!
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#8386 Lionelza1

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Posted 19 June 2019 - 09:08 AM

and the expectations posted here is pump pump pump......no pumping happening haha


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#8387 Lionelza1

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Posted 19 June 2019 - 09:06 AM

Think emotions are running high here at the moment, scared to say anything. 

 

 

ah you still around? plse do share your opinion......i am a bit lost as they managed to shut up the 1 person that was giving geniune info and it corresponded to market reaction


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#8388 DayTraderDad

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Posted 19 June 2019 - 09:01 AM

So bashers can say what they want. But if you look at the finacials they are structured and to the point. Nothing fancy or talking around the circle.

I personally expected worse AFS for 2018. For me the most important aspects are that they have generated EBITDA of 770 Million. For 2019 this will be much higher as we saw in the q1 update.
Secondly they managed to up revenue for a period which was really tough.

A sustainable growth in the share price will soon happen in my opinion. They company structure is clear. We know where Steinhoff is going in future so just keep calm and enjoy the ride in the next 2 to 3 years. Good things to come



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Yes for me this says everything:

REVENUE FROM CONTINUING OPERATIONS (€M) 12827
EBITDA FROM CONTINUING OPERATIONS (€M): 770
OPERATING PROFIT/(LOSS) FROM CONTINUING OPERATIONS (€M): 504
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#8389 leo

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Posted 19 June 2019 - 08:53 AM

Think emotions are running high here at the moment, scared to say anything. 

 

 


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#8390 andi222

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Posted 19 June 2019 - 08:53 AM

So bashers can say what they want. But if you look at the finacials they are structured and to the point. Nothing fancy or talking around the circle.

I personally expected worse AFS for 2018. For me the most important aspects are that they have generated EBITDA of 770 Million. For 2019 this will be much higher as we saw in the q1 update.
Secondly they managed to up revenue for a period which was really tough.

A sustainable growth in the share price will soon happen in my opinion. They company structure is clear. We know where Steinhoff is going in future so just keep calm and enjoy the ride in the next 2 to 3 years. Good things to come



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#8391 Lionelza1

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Posted 19 June 2019 - 07:47 AM

Thats the worse of it......will defintaely see downward move ..but someone will mop up now and will see upward trajectory maintained from hereon.....sell if you scared....buy if you brave...or just look away...



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factually incorrect.....did u read the section under risk management? for sure they have strategies in place but it could play either way so i wouldnt say thats the worst of it, perhaps in terms of numbers but its not just numbers to look for right?


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#8392 Investment novice

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Posted 19 June 2019 - 06:55 AM

Thats the worse of it......will defintaely see downward move ..but someone will mop up now and will see upward trajectory maintained from hereon.....sell if you scared....buy if you brave...or just look away...



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#8393 andi222

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Posted 18 June 2019 - 11:24 PM

So combined revenue from continued and discontinued came in atvaround 18 billion and ebitda at 700. Above expecrations. Keep strong guys even though figures look **** AF 😅

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#8394 DayTraderDad

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Posted 18 June 2019 - 10:38 PM

Highlights:

For the 12 months to 30 September 2018,
the Company’s consolidated net sales from
continuing operations were €12.8 billion,
compared with €12.5 billion for the 12
months to 30 September 2017.


Despite the Group’s best efforts, it appears
that it might not be possible to implement
the restructuring prior to 30 June 2019.
Therefore, the Group expects to seek
approval for a further extension of the
appropriate time required to finalise and
implement the CVAs.

Edited by DayTraderDad, 18 June 2019 - 10:41 PM.

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#8395 DayTraderDad

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Posted 18 June 2019 - 08:17 PM

This going to be another foto finish like the 2017!!! No good news coming!!!

Steinhoff International Holdings N.V. : Publication of 2017 Annual Results
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Annual Results

07.05.2019 / 23:45
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#8396 Milo

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Posted 18 June 2019 - 08:01 PM

The Company announced it has entered into a supply agreement with Mattress Firm, Inc. ("Mattress Firm"), the largest specialty mattress retailer in North America, to reintroduce Tempur-Pedic, Stearns & Foster, and Sealy branded products into approximately 2,500 Mattress Firm stores across the United States. This agreement represents a significant opportunity for both companies. This agreement reunites some of the strongest bedding brands with the more than three million people a year that find their right sleep solution at Mattress Firm. The reintroduction of products into Mattress Firm stores is expected to commence in the fourth quarter of 2019 and to be completed early in the first quarter of 2020.

This should push up the share price with a few rands in future hopefully


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#8397 DayTraderDad

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Posted 18 June 2019 - 06:55 PM

I agree, some of the worlds best strategist on Supervisory board.  But it will be a long and still bumpy road ahead... in my mind..36-48 months..


I agree by 2021 SNH will be a total different company with the cleanest financials world wide.

Edited by DayTraderDad, 18 June 2019 - 06:56 PM.

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#8398 Polla

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Posted 18 June 2019 - 04:34 PM

Snh and subsidiaries are being very strategic with the turn around plan. This mf sens is a good example of this.

Hopefully the market sees this and investors take over from traders.

I agree, some of the worlds best strategist on Supervisory board.  But it will be a long and still bumpy road ahead... in my mind..36-48 months..


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#8399 LarryK

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Posted 18 June 2019 - 04:28 PM

Snh and subsidiaries are being very strategic with the turn around plan. This mf sens is a good example of this.

Hopefully the market sees this and investors take over from traders.
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#8400 Polla

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Posted 18 June 2019 - 04:28 PM

I agree that would be a good result!! Anyway time running out to buy or not to buy!!!!

I'm at peace with the lot I got.  If it goes north I'l be a hero..... if it turns south, SWAMBO will make sure I never forget it.... :D


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