MJ Accounting Manual for Dummys:
https://www.livemint...valuations.html
7 votes
Steinhoff
Started by
saint1
, Nov 25 2015 04:20 AM
15225 replies to this topic
#9822
Polly
-
- Banned
-
- 2,401 posts
The Oracle
Posted 22 March 2019 - 02:35 PM
i dont see C.W taking snh to the cleaners.....it was him that made the call to them, show of confidence, i do feel he will negotiate strong to his advantage
Seifert will be another story tho
If i recall correctly, group 5 approached creditors for more monies and their response was no? Then we saw the suspension right?
Steinhoff in same position
AS for Seifert, who has more credibility???
Seifert or MJ / Snh!!!!!
Poor Judge
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#9823
DayTraderDad
-
- Members
-
- 2,941 posts
The Oracle
Posted 22 March 2019 - 02:23 PM
todays news....follow the dots and make your own decision...
Joker man posted :
Hat off to SNH current management that have relentlessly worked to restore equilibrium to all vested parties amid negative press and the Polly drones. Leadership has significant Law experience and is playing it by the book and good old SA loves to kick a lying dog.
IMHO SNH still have some challenges, compared to the challenges management conquered these are little humps.
Additionally, in parallel there are significant opportunities now to optimize operations across these federated businesses and make no mistake the retail industry is having a hard time with the slowing worldwide economy. E-commerce is a major disruption for retail, but SNH have fantastic App in Australia that could be retrofitted across geographies.
ok heres the dots....
who is is ex-Werksmans. ... Werksmans is SNH attorneys....who then joins SNH...
Kak hits the fan...Werksmans requests PWC to be appointed to do investigation. Who obliges. Condition was results not made public and only avail;able to top management in SNH..
What has the board given you shareholders? or parliament? 11 page cherry pickings huh....only one person has the original documentation...
What is the board hiding and who do you thing this management is protecting?
Was the word fraud used in that 11 page document? was MJs name ever mentioned?
This is how Stellenbosh mafia operates...... and of cos White monopolistic capital wont be let go that easily by hawks and parli... and my take watch Heather Son resigning...very soon
This whole pwc report sucks with arrogance by the board....Somebody somewhere is being protected from the truth....and you shareholders are being taken for one big ride by this new management... So much for complementing them by all the Gurus!!!
Thats my take...now you join the dots and see your take...
Listern to the podcast I posted and you will find out your diamond dealer should have been aware of the risk of buying SNH. Hahaha what a joker!!!
#9824
DayTraderDad
-
- Members
-
- 2,941 posts
The Oracle
Posted 22 March 2019 - 02:19 PM
todays news....follow the dots and make your own decision...
Joker man posted :
Hat off to SNH current management that have relentlessly worked to restore equilibrium to all vested parties amid negative press and the Polly drones. Leadership has significant Law experience and is playing it by the book and good old SA loves to kick a lying dog.
IMHO SNH still have some challenges, compared to the challenges management conquered these are little humps.
Additionally, in parallel there are significant opportunities now to optimize operations across these federated businesses and make no mistake the retail industry is having a hard time with the slowing worldwide economy. E-commerce is a major disruption for retail, but SNH have fantastic App in Australia that could be retrofitted across geographies.
ok heres the dots....
who is is ex-Werksmans. ... Werksmans is SNH attorneys....who then joins SNH...
Kak hits the fan...Werksmans requests PWC to be appointed to do investigation. Who obliges. Condition was results not made public and only avail;able to top management in SNH..
What has the board given you shareholders? or parliament? 11 page cherry pickings huh....only one person has the original documentation...
What is the board hiding and who do you thing this management is protecting?
Was the word fraud used in that 11 page document? was MJs name ever mentioned?
This is how Stellenbosh mafia operates...... and of cos White monopolistic capital wont be let go that easily by hawks and parli... and my take watch Heather Son resigning...very soon
This whole pwc report sucks with arrogance by the board....Somebody somewhere is being protected from the truth....and you shareholders are being taken for one big ride by this new management... So much for complementing them by all the Gurus!!!
Thats my take...now you join the dots and see your take...
Yippy I am going to make lots of money on my short!!!!!
#9825
Polly
-
- Banned
-
- 2,401 posts
The Oracle
Posted 22 March 2019 - 02:11 PM
todays news....follow the dots and make your own decision...
Joker man posted :
Hat off to SNH current management that have relentlessly worked to restore equilibrium to all vested parties amid negative press and the Polly drones. Leadership has significant Law experience and is playing it by the book and good old SA loves to kick a lying dog.
IMHO SNH still have some challenges, compared to the challenges management conquered these are little humps.
Additionally, in parallel there are significant opportunities now to optimize operations across these federated businesses and make no mistake the retail industry is having a hard time with the slowing worldwide economy. E-commerce is a major disruption for retail, but SNH have fantastic App in Australia that could be retrofitted across geographies.
ok heres the dots....
who is is ex-Werksmans. ... Werksmans is SNH attorneys....who then joins SNH...
Kak hits the fan...Werksmans requests PWC to be appointed to do investigation. Who obliges. Condition was results not made public and only avail;able to top management in SNH..
What has the board given you shareholders? or parliament? 11 page cherry pickings huh....only one person has the original documentation...
What is the board hiding and who do you thing this management is protecting?
Was the word fraud used in that 11 page document? was MJs name ever mentioned?
This is how Stellenbosh mafia operates...... and of cos White monopolistic capital wont be let go that easily by hawks and parli... and my take watch Heather Son resigning...very soon
This whole pwc report sucks with arrogance by the board....Somebody somewhere is being protected from the truth....and you shareholders are being taken for one big ride by this new management... So much for complementing them by all the Gurus!!!
Thats my take...now you join the dots and see your take...
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#9826
Tom
-
- Members
-
- 767 posts
Master
#9827
DayTraderDad
-
- Members
-
- 2,941 posts
The Oracle
#9828
LarryK
-
- Members
-
- 568 posts
Little Master
Posted 22 March 2019 - 12:47 PM
I’m hoping for a little dip to buy some more. Or a moerse dip
#9829
DayTraderDad
-
- Members
-
- 2,941 posts
The Oracle
Posted 22 March 2019 - 12:41 PM
Watch the stock... Let dumpers persuade value loss, buy cheaper... And hope to sell as Lionel what's his name does.... With advent of news...
Or risk losing it because it's a kak share... Or hope to make money because there maybe some light....
Sent from my SM-G950F using Sharenet Sharechat mobile app
Haha thanks for the tip going to short quite sure more bad comment coming and MR MARKET waiting on comments from this forum to react.
#9830
Investment novice
-
- Members
-
- 2,043 posts
The Oracle
Posted 22 March 2019 - 12:14 PM
Sorry... Kak as in volatile....
I am invested here as high risk portion...
Sent from my SM-G950F using Sharenet Sharechat mobile app
I am invested here as high risk portion...
Sent from my SM-G950F using Sharenet Sharechat mobile app
#9831
Investment novice
-
- Members
-
- 2,043 posts
The Oracle
Posted 22 March 2019 - 12:13 PM
Ho yes exactly my plan!!! Haha
Watch the stock... Let dumpers persuade value loss, buy cheaper... And hope to sell as Lionel what's his name does.... With advent of news...
Or risk losing it because it's a kak share... Or hope to make money because there maybe some light....
Sent from my SM-G950F using Sharenet Sharechat mobile app
#9832
DayTraderDad
-
- Members
-
- 2,941 posts
The Oracle
Posted 22 March 2019 - 11:55 AM
Ok thanks I am going to the beach now to sit and wait for all this Brexit, Seifert, financial statements, restructuring etc… is done and when I come back I will look at my profit.
Ps Brexit won’t happen without a deal to much to lose for both sides Europe and UK. Same as Steinhoff.
Ho yes exactly my plan!!! Haha
#9833
Milo
-
- Members
-
- 211 posts
Advanced Member
Posted 22 March 2019 - 11:51 AM
For me the reason the share price is down has to do with BREXIT with the risk of going out without a deal that will make pound fall and SNH reports in Euro. The Seifert amount of Eur 290 mil can be covered buy selling KAP shares so don't she it as a big risk.
Ok thanks I am going to the beach now to sit and wait for all this Brexit, Seifert, financial statements, restructuring etc… is done and when I come back I will look at my profit.
Ps Brexit won’t happen without a deal to much to lose for both sides Europe and UK. Same as Steinhoff.
#9834
DayTraderDad
-
- Members
-
- 2,941 posts
The Oracle
Posted 22 March 2019 - 11:28 AM
It might go back to R3.80 quickly if everything falls in place now. Wiese comes to table. Seifert and restructuring sorted out and financials done in April. So doomsday or happy days.
For me the reason the share price is down has to do with BREXIT with the risk of going out without a deal that will make pound fall and SNH reports in Euro. The Seifert amount of Eur 290 mil can be covered buy selling KAP shares so don't she it as a big risk.
#9835
DayTraderDad
-
- Members
-
- 2,941 posts
The Oracle
Posted 22 March 2019 - 11:07 AM
All I know he is the spanner in the wheel. Claiming for shares he did not help pay for or something.
Towards the end of this articles gives good explanation:
https://www.handelsb...qNT0eOBVymv-ap5
#9836
Milo
-
- Members
-
- 211 posts
Advanced Member
Posted 22 March 2019 - 09:50 AM
Yup very true.... Does Seifert own shares?
Sent from my BLA-L29 using Sharenet Sharechat mobile app
All I know he is the spanner in the wheel. Claiming for shares he did not help pay for or something.
#9837
Bubble
-
- Members
-
- 289 posts
Advanced Member
Posted 22 March 2019 - 09:16 AM
Hi. Do you have any links to articles or more detail. This comment is vague.
Is it shady at the moment, or shady in history?
Louis du Preez is ex-Werksmans.
#9838
Bubble
-
- Members
-
- 289 posts
Advanced Member
Posted 22 March 2019 - 09:14 AM
Reading about the SNH/Werkmans links. Shht is just shady as hell.
Hi. Do you have any links to articles or more detail. This comment is vague.
Is it shady at the moment, or shady in history?
#9839
Blackobar
-
- Members
-
- 138 posts
Member
Posted 22 March 2019 - 09:03 AM
Reading about the SNH/Werkmans links. Shht is just shady as hell.
#9840
Lionelza1
-
- Members
-
- 1,987 posts
Sage
Posted 22 March 2019 - 08:23 AM
i dont see C.W taking snh to the cleaners.....it was him that made the call to them, show of confidence, i do feel he will negotiate strong to his advantage
Seifert will be another story tho
If i recall correctly, group 5 approached creditors for more monies and their response was no? Then we saw the suspension right?
Steinhoff in same position
