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Steinhoff


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#11321 Dell

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Posted 12 December 2018 - 08:29 PM

Anyone willing to give some advice? Climb aboard, or wait for it to drop again? Should open strong tomorrow on JSE?

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#11322 Lionelza1

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Posted 12 December 2018 - 07:34 PM

Hehe...

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On Sharenet website under steinhoff it says September interim to be released on dec31.

Think this share going to rally till it comes out?
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#11323 leo

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Posted 12 December 2018 - 07:31 PM

Thanks...its strange that pepkor hasn't seen the gains snh has seen.

Check tradegate.... Seems like the US (haha) is gonna pump more


Hehe...

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#11324 Lionelza1

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Posted 12 December 2018 - 06:43 PM

Maybe because of the news about Pepkor Europe.
Maybe because of the news that Poundland has made more sales this year.
Maybe it's computer generated buys in order to push it to a certain level and see if some crowd are attracted and follow, then sell off.
Maybe it's just a volatility up day.
Maybe I don't know.


Thanks...its strange that pepkor hasn't seen the gains snh has seen.

Check tradegate.... Seems like the US (haha) is gonna pump more
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#11325 Tom

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Posted 12 December 2018 - 05:41 PM

Market cap now 7.8...id still like to know wtf is happening.... 2 days of good gains

 

Maybe because of the news about Pepkor Europe.

Maybe because of the news that Poundland has made more sales this year.

Maybe it's computer generated buys in order to push it to a certain level and see if some crowd are attracted and follow, then sell off.

Maybe it's just a volatility up day.

Maybe I don't know.


Edited by Tom, 12 December 2018 - 05:43 PM.

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#11326 leo

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Posted 12 December 2018 - 05:39 PM

Market cap now 7.8...id still like to know wtf is happening.... 2 days of good gains


https://www.reuters....e-idUSL8N1YH4B2


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#11327 Lionelza1

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Posted 12 December 2018 - 04:38 PM

Market cap now 7.8...id still like to know wtf is happening.... 2 days of good gains
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#11328 leo

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Posted 12 December 2018 - 03:56 PM

I'm out. What a day. Think there's a similar one coming when they release the group trading updates.

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#11329 leo

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Posted 12 December 2018 - 03:08 PM

haha...learning fast i see leo..

u missed the rinse


Haha.

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#11330 Polly

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Posted 12 December 2018 - 02:52 PM


Until the more info. Wash and repeat.

 

haha...learning fast i see leo..

 

u missed the rinse


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#11331 Lionelza1

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Posted 12 December 2018 - 02:50 PM

Agree with you in that point. And i never quite get that. think our exchange drives tradegate. So when the jse closes, tradegate is rudderless. Something like that

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Yea it's 7:30am there and they open in 2hrs time so it would be 4:30pm here so not quite adding up..... Well thanks for correcting me
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#11332 leo

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Posted 12 December 2018 - 02:49 PM

seems reluctant to drop....would've expected a big drop by now?


The rise is usually much quicker than the fall. Share should end on about 10% up.

Then slow poison again...

Until the more info. Wash and repeat.

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#11333 leo

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Posted 12 December 2018 - 02:43 PM

Hahaha I don't know... What I do notice on tradegate is after 17h00 there's major movements.... So I see it as comming from another platform?


Agree with you in that point. And i never quite get that. think our exchange drives tradegate. So when the jse closes, tradegate is rudderless. Something like that

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#11334 Lionelza1

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Posted 12 December 2018 - 02:36 PM

Haha. You always say that. Someone in the US would use a trading platform to trade these shares relative to where the instrument is listed, not to their own country.

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Hahaha I don't know... What I do notice on tradegate is after 17h00 there's major movements.... So I see it as comming from another platform?
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#11335 Lionelza1

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Posted 12 December 2018 - 02:34 PM


I don't think the creditors are worried about the share holders best interest, and the creditors main goal is to take over Steinhoff decision making.


Dude for all I know it's the creditors call to keep share running... Afterall they have first hand info on what's to go down
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#11336 leo

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Posted 12 December 2018 - 02:33 PM

When US opens they might think Xmas father came and then we see drop lol


Haha. You always say that. Someone in the US would use a trading platform to trade these shares relative to where the instrument is listed, not to their own country.

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#11337 Lionelza1

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Posted 12 December 2018 - 02:30 PM

seems reluctant to drop....would've expected a big drop by now?


When US opens they might think Xmas father came and then we see drop lol
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#11338 leo

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Posted 12 December 2018 - 02:15 PM

seems reluctant to drop....would've expected a big drop by now?


Only 2pm...

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#11339 Dell

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Posted 12 December 2018 - 01:57 PM

seems reluctant to drop....would've expected a big drop by now?


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#11340 Lionelza1

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Posted 12 December 2018 - 01:20 PM

Drop is on!


Yup there she goes
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