15225 replies to this topic

[Polly]

haha am loving this thread at the moment....its almost as if something big is about to go down

did you mean its almost as if Steinhoff is about to go down???   

[Lionelza1]

haha am loving this thread at the moment....its almost as if something big is about to go down

[Lionelza1]

 

Hi, 

 

I am getting so sick of being patient: loss at - R 25 497

 

Steinhoff International Holdings NV

 

 

Avg. Purchase Price

R 2.43

 

 

 

 

 

Hi Lady M,

 

I feel your pain!.....hang tight we should be getting answers in the next 3mnths or so.......unless this management hits us with another curver ball

[Tom]

https://www.biznews....ro-bank-scandal

[Polly]

Yes you stuck in the past!! Good luck

the valuation of this share is unlike any other share...IE not foward looking but backward looking....If u understand that , u wont risk any monies here....

[Polly]

Yes you stuck in the past!! Good luck

no no no...good luck to u...i aint invested here ....

 

hope others seeing what i see thats all......

 

 

dont want the pumpers to mislead....

[DayTraderDad]

my exact point looking at bigger picture..

 

You bought gold ( pepkor)and paid with fake diamonds( snh shares)...herein lies the risk of of massive claims and contingent liabilities..

 

im not foward looking ....

 

im worried what happened prior...

Yes you stuck in the past!! Good luck

[Polly]

Haha right read the PEPKOR trading update

my exact point looking at bigger picture..

 

You bought gold ( pepkor)and paid with fake diamonds( snh shares)...herein lies the risk of of massive claims and contingent liabilities..

 

im not foward looking ....

 

im worried what happened prior...

Edited by Polly, 28 January 2019 - 05:41 PM.

[DayTraderDad]

back to the drawing board for you 

Haha right read the PEPKOR trading update!

[DayTraderDad]

Trading Update for Pepkor is good. Increased revenues by more than 6% in a challenging environment.

Yes was expecting this went to the mall at Somerset West and saw Ackermans and PEP busy so this just shows SNH is in the right market

[seeking knowledge]

Please read Sarel Oberholster's article and comments. The contributors give useful insight into how these growth numbers affect Steinhoff as well as future share values. Sure we are mostly estimating with no audited financials but time will tell who is right or wrong. It is important for each to make up their own minds

Sent from my SM-J111F using Sharenet Sharechat mobile app

[andi222]

Trading Update for Pepkor is good. Increased revenues by more than 6% in a challenging environment.

 

[Motivated]

Hi, 

 

I am getting so sick of being patient: loss at - R 25 497

 

Steinhoff International Holdings NV

 

 

Avg. Purchase Price

R 2.43

 

 

 

 

[Midas1]

May i ask ..does anyone who isnt holding shares see potential?

[andi222]

I see great potential in this company looking into the future. Revenues are strong, liquidity is safe for the next three years. Institutions will buy as soon as financials are out in my opinion. NAV of 0,54 € is a reasonable target until the end of the year in my opinion. 

[Lionelza1]

[quote name="Polly" post="282333" timestamp="1548677803"]Hi SK

4. Your suppliers are now scared to supply you goods in case you cany pay. Existing creditors you ask for extension of time but new goods you foreced to pay cash.


Haha I like that point. It's exactly why I met with pepco logistics last yr.... To lower their credit limit etc, I supply them with a logistics service. I also mentioned how "quiet" their distribution Centre was, slow movement of goods is never good and it shud reflect in their q12019.

DayTraderDad I value your comments as I believe you're knowledgeable and know what ur talking about, I also value Pollys comments coz he knows what he's talking about. I think Polly is trying to make you realise that there is a flipside to your views..... and I do not think it should be ignored.... But yes it is your money

I do not believe he's being negative

[Polly]

Haha you see you make me laugh. Exactly due to all the negative publicity parliament got roped into the noise but did Jooste say he committed fraud? It takes a person lots of courage to say in front of parliament he was not aware of any fraud before he left. I know that there was fancy accounting taking place and it is only correct to get PwC in to investigate fully what went on but the report is not out so unless the information leaked the people that wrote the book and others commenting are simply speculating. For me its very important that PwC does not leave one single stone unturned to get SNH back on track. Maybe you not understanding me but all I am saying people cannot condemn someone without proof.

back to the drawing board for you 

[DayTraderDad]

why was Jooste called up  in front of  parliament?

Haha you see you make me laugh. Exactly due to all the negative publicity parliament got roped into the noise but did Jooste say he committed fraud? It takes a person lots of courage to say in front of parliament he was not aware of any fraud before he left. I know that there was fancy accounting taking place and it is only correct to get PwC in to investigate fully what went on but the report is not out so unless the information leaked the people that wrote the book and others commenting are simply speculating. For me its very important that PwC does not leave one single stone unturned to get SNH back on track. Maybe you not understanding me but all I am saying people cannot condemn someone without proof.

[Polly]

i just told you a million times he sold gold for fake diamonds.....

[Polly]

why has PWC been appointed then?

why was Jooste called up  in front of  parliament?