15225 replies to this topic

[Midas1]

Curious why you think no sell offs when so many day trading this?

[Lionelza1]

Yea this is on that up... I'd be very surprised to see big sell offs before Q1?

[DayTraderDad]

haha they lied to you....success is not measured by your wealth....but lets not go down that road

 

different strokes for different folks

 

lets hope snh close on high on tradegate .....im in the green baby:D

Tradegate should close at 0.1215 indicators still showing uptrend. It it manages that then next stop should be 0.134

[Lionelza1]

Hahaha yes I read once many years back to be successful one only need to hit a 10 beggar  once or twice in a life time meaning a share that goes up 1000% (or 10 times the initial price). So I am hoping to catch another one!!!

 

haha they lied to you....success is not measured by your wealth....but lets not go down that road

 

different strokes for different folks

 

lets hope snh close on high on tradegate .....im in the green baby:D

[DayTraderDad]

hahaha....im in it for the short run, you in it for the long run........if it works out will be a win

Hahaha yes I read once many years back to be successful one only need to hit a 10 beggar  once or twice in a life time meaning a share that goes up 1000% (or 10 times the initial price). So I am hoping to catch another one!!!

[Lionelza1]

I don't care what you think and am not trying to convince you all I am putting out there is figures because it is obviously you don't always read all the news or are selective in the news you read then make statements. I think you don't understand what is a financial model it has nothing to do with asking for loans maybe google it so you get a better idea. Yes I have been to Thahiti (have the T-**** ) and many more like it but enjoying my retirement I have to do something cannot just sit drink green beer all day!! Haha

hahaha....im in it for the short run, you in it for the long run........if it works out will be a win

[DayTraderDad]

DTD you have your view and thats fine, it does not convince me. The statements you make is far fetched. That financial model you work with is like something you draw up for a business plan and give to creditors in the hope you get a loan. this is not a loan application, this is the real deal, and things work way differently in the real world

 

If your crystal ball is that awesome, why is it that you are still trading? you should be relaxing in thahiti sipping on martini's watching butt nekked chicks

 

whenever members post financial forecasts etc, like wtf r u talking about? who made you steinhoffs auditor?

I don't care what you think and am not trying to convince you all I am putting out there is figures because it is obviously you don't always read all the news or are selective in the news you read then make statements. I think you don't understand what is a financial model it has nothing to do with asking for loans maybe google it so you get a better idea. Yes I have been to Thahiti (have the T-**** ) and many more like it but enjoying my retirement I have to do something cannot just sit drink green beer all day!! Haha

[Lionelza1]

DTD you have your view and thats fine, it does not convince me. The statements you make is far fetched. That financial model you work with is like something you draw up for a business plan and give to creditors in the hope you get a loan. this is not a loan application, this is the real deal, and things work way differently in the real world

 

If your crystal ball is that awesome, why is it that you are still trading? you should be relaxing in thahiti sipping on martini's watching butt nekked chicks

 

whenever members post financial forecasts etc, like wtf r u talking about? who made you steinhoffs auditor?

[DayTraderDad]

I suggest you read the news there was information about the financials of PEPCO Europe it's turnover growth of 12% in the last three months.As I told you before I work with financial models you can also get all the information from the well written article of Sarel in SeekingAlpha.

Suggest you read this article might give you a diferent insight: https://af.reuters.c...KBN1OB1U8-OZABS

 

JOHANNESBURG (Reuters) - Shares in Steinhoff rose more than 20 percent on Wednesday, on track for their biggest daily gain in nearly a month, after the company’s Pepkor Europe business reported a jump in annual revenue growth.

 

Pepkor, which owns discount retailers Poundland and Dealz as well as clothing and accessories chain PEPCO, said revenue rose 10.6 percent to just above 3 billion euros ($3 billion) in the year to the end of September. In the final quarter revenue grew strongly by 12.9 percent to 781 million euros.

 

Progress was helped by Poundland’s return to like-for-like growth and strong like-for-like growth in PEPCO, one of the largest non-food retail chains in central and eastern Europe.

[Lionelza1]

Steinhoff management keep raving about the LAU and CVA (means insolvency), and they used to say it's taking their concentration away from the core business (and asked for a bonus for their so called efforts), but later changed this statement to (concentrating on both).

 

So if Steinhoff defaulted on paying 5% interest rate on their loans, when it had more business units, how will it now pay 10% on bigger loans while having smaller business after selling many business units.

 

when i bought into this i thought the market overreacted...i was then forced to learn about this company....i realised market did not overreact.....and as polly mention somewhere, Mr Market is the boss, you pay attention to the movements!

 

I tread with extreme caution on this company, they do not find themselves in good space at the moment, but yes, there is definately potential for them to turn it around but that can not be called now, you have to watch their progress.....talk again after 3 years...... if they last that long

[DayTraderDad]

thats a very bold statement .....exactly how do you know all of this? steinhoff itself dont know whether they comming or going

I suggest you read the news there was information about the financials of PEPCO Europe it's turnover growth of 12% in the last three months.As I told you before I work with financial models you can also get all the information from the well written article of Sarel in SeekingAlpha.

[DayTraderDad]

Tom don't focus on what happen the need for LAU and CVA is to restructure the debt. You should think of PEPCO that is growing fast and the market they are in has 500 mil people so there is huge growth prospects in time. Don't buy SNH hoping for huge profits in short term. This is a long play which will provide very good returns to patient investors.

Sorry forgot to mention: PEPCO business model is a winning recipe  Europe love these type of shops.

[Lionelza1]

Tom don't focus on what happen the need for LAU and CVA is to restructure the debt. You should think of PEPCO that is growing fast and the market they are in has 500 mil people so there is huge growth prospects in time. Don't buy SNH hoping for huge profits in short term. This is a long play which will provide very good returns to patient investors.

thats a very bold statement .....exactly how do you know all of this? steinhoff itself dont know whether they comming or going

[DayTraderDad]

Steinhoff management keep raving about the LAU and CVA (means insolvency), and they used to say it's taking their concentration away from the core business (and asked for a bonus for their so called efforts), but later changed this statement to (concentrating on both).

 

So if Steinhoff defaulted on paying 5% interest rate on their loans, when it had more business units, how will it now pay 10% on bigger loans while having smaller business after selling many business units.

Tom don't focus on what happen the need for LAU and CVA is to restructure the debt. You should think of PEPCO that is growing fast and the market they are in has 500 mil people so there is huge growth prospects in time. Don't buy SNH hoping for huge profits in short term. This is a long play which will provide very good returns to patient investors.

[Tom]

Steinhoff management keep raving about the LAU and CVA (means insolvency), and they used to say it's taking their concentration away from the core business (and asked for a bonus for their so called efforts), but later changed this statement to (concentrating on both).

 

So if Steinhoff defaulted on paying 5% interest rate on their loans, when it had more business units, how will it now pay 10% on bigger loans while having smaller business after selling many business units.

Edited by Tom, 19 February 2019 - 04:28 PM.

[LarryK]

Gents I honestly don’t have enough time to study all these companies, but looks like eoh is in deep kaka so what’s the difference between the two? Seems like a few falling knives caught there too...

By now this share is the one i know best so I will happily risk some money on a share price increase leading up to sens announcement. And I agree with dad a squeeze will most likely happen just before the end of Feb.

[seeking knowledge]

I think that the share holders that bought based on false or misleading SENS releases, should be entitled to claim their money back, on every false or misleading SENS release.

Hi Tom, every sens issued by any company has a caution message at the bottom to remind everyone that caution must be used. You cannot use a sens to sue any business unless it is entirely false. Delays will happen in complex investigations running throughout many jurisdictions and that is to be expected. Steinhoff needs a clean base to work from. Good revenue, work on cost reduction, restructuring and the future is much brighter. Day by day analysis is futile. It is the bigger moves that will change the trajectory that count. I am sure that Steinhoff have the expertise to make it happen.

Sent from my SM-J111F using Sharenet Sharechat mobile app

[DayTraderDad]

Haha Tom different people read SENSE and interpret it differently for example you say they lied about good business around the world well MF turned around, PEPCO flying and Greenlit now on its own so for me the statement was always true however for you with a negative bias you read it differently but I can guaranty you EOH I already knew longtime ago that some of the tenders would be questioned in time thus avoided EOH like the plague. Also remember my thoughts are EOH without government tenders going to go the same way as Bosasa.

Haha sorry forgot to mention will EOH insurance cover claims against it from government for money back due to possible fraudulent tenders???

[DayTraderDad]

 

Steinhoff management have issued many false and misleading information in the past, like saying on 6 December 2017

 

"The Supervisory Board wishes to reassure shareholders that Steinhoff has a number of high quality profitable businesses around the world."

 

Which was misleading, and actually Steinhoff has losing business units around the world, and some make no or little profit, and even the ones that make some profit, they don't make enough profit margin to pay the debt Steinhoff has, and shortly after this SENS, Steinhoff defaulted in servicing their debt (Steinhoff management called it at the time "technically" in default).

 

Haha Tom different people read SENSE and interpret it differently for example you say they lied about good business around the world well MF turned around, PEPCO flying and Greenlit now on its own so for me the statement was always true however for you with a negative bias you read it differently but I can guaranty you EOH I already knew longtime ago that some of the tenders would be questioned in time thus avoided EOH like the plague. Also remember my thoughts are EOH without government tenders going to go the same way as Bosasa.

[Tom]

Steinhoff management have issued many false and misleading information in the past, like saying on 6 December 2017

 

"The Supervisory Board wishes to reassure shareholders that Steinhoff has a number of high quality profitable businesses around the world."

 

Which was misleading, and actually Steinhoff has losing business units around the world, and some make no or little profit, and even the ones that make some profit, they don't make enough profit margin to pay the debt Steinhoff has, and shortly after this SENS, Steinhoff defaulted in servicing their debt (Steinhoff management called it at the time "technically" in default).

Edited by Tom, 19 February 2019 - 03:54 PM.