15225 replies to this topic

[leo]

Shorting the crap out of it today

[leo]

question is will they ever release before being suspended??

Was also thinking that....

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[Polly]

In all all honesty, if they release the fy17 afs, even if they really bad, the share should rise, just going on the history of this cock eyed share. But that doesn't mean it will stay up.

The way I'm going to play it is wait for the up or down trend when it happens, then place a trailing stop of say...15 to maybe 20 points.

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question is will they ever release before being suspended??

[Polly]

Sense update and its bad.

The Company now estimates that it will publish its Group audited financial statements for 2017 and 2018 by the middle of April 2019. The 2017 and 2018 financial statements for Steinhoff Investment Holdings Ltd will be released shortly thereafter.

Forensic report in Feb only

hahahaha...always said will be delays...bagholders have more time to feel the pain now..

 

Intricate and complex and delays give big clues........

[leo]

Sense update and its bad.

The Company now estimates that it will publish its Group audited financial statements for 2017 and 2018 by the middle of April 2019. The 2017 and 2018 financial statements for Steinhoff Investment Holdings Ltd will be released shortly thereafter.

Forensic report in Feb only

Edited by leo, 06 December 2018 - 07:35 AM.

[leo]

Having said that, if the right information is published, this share has that potential of a major jump and that's what I'm waiting for.... Problem is it just ain't fuuckin comming eish

In all all honesty, if they release the fy17 afs, even if they really bad, the share should rise, just going on the history of this cock eyed share. But that doesn't mean it will stay up.

The way I'm going to play it is wait for the up or down trend when it happens, then place a trailing stop of say...15 to maybe 20 points.

Sent from my SM-G935F using Sharenet Sharechat mobile app

[leo]

Having said that, if the right information is published, this share has that potential of a major jump and that's what I'm waiting for.... Problem is it just ain't fuuckin comming eish

In all all honesty, if they release the fy17 afs, even if they really bad, the share should rise, just going on the history of this cock eyed share. But that doesn't mean it will stay up.

The way I'm going to play it is wait for the up or down trend when it happens, then place a trailing stop of say...15 to maybe 20 points.

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Lionelza1]

Having said that, if the right information is published, this share has that potential of a major jump and that's what I'm waiting for.... Problem is it just ain't fuuckin comming eish

[Lionelza1]

Just plodding along. Still made money on it, banked a 5c movement ie points. That's about R8k on a max amount of 250 000 cfds. And not too risky, as no news means the share more likely than not, trends downwards.

I close my positions everyday, as to prevent any sudden opposite anticipated movement form a sneaky sense, that may basically destroy me.

I'll always lose out on the initial flurry if a sense comes out, but i can play it down or up.

Not all sunshine and roses, made plenty with anglo on the up, then lost it all in 2 days ...

Comments?

Hi Leo... At least u making money... Still not quite understanding ur play... Ur putting in R250k to make 8k?...seems way too risky to me for a small return... But then again I'm over a bar invested and making f'all so can't comment much

1 yr anniversary for this special useless share today.... Hope it fuucks into the R4 but that's wishful thinking right?

[DayTraderDad]

Just plodding along. Still made money on it, banked a 5c movement ie points. That's about R8k on a max amount of 250 000 cfds. And not too risky, as no news means the share more likely than not, trends downwards.

I close my positions everyday, as to prevent any sudden opposite anticipated movement form a sneaky sense, that may basically destroy me.

I'll always lose out on the initial flurry if a sense comes out, but i can play it down or up.

Not all sunshine and roses, made plenty with anglo on the up, then lost it all in 2 days ...

Comments?

 

Yes sounds good SNH very unstable at present the pattern is closes high then drops in the open and late afternoon start going up. My guess tomorrow going to drop again at open because rand weakening now R15.73. 

Edited by DayTraderDad, 05 December 2018 - 07:13 PM.

[leo]

Just plodding along. Still made money on it, banked a 5c movement ie points. That's about R8k on a max amount of 250 000 cfds. And not too risky, as no news means the share more likely than not, trends downwards.

I close my positions everyday, as to prevent any sudden opposite anticipated movement form a sneaky sense, that may basically destroy me.

I'll always lose out on the initial flurry if a sense comes out, but i can play it down or up.

Not all sunshine and roses, made plenty with anglo on the up, then lost it all in 2 days ...

Comments?

[DayTraderDad]

Big volumes today

Another very bright red day everywhere!!

[leo]

Big volumes today

[Lionelza1]

Something like this:
"I think Steinhoff, the holding company, will disappear and the pieces in Europe and Australia can continue in their own right. However, the debt must be between the
operating companies are divided"

Thanks for the interpretation

[DayTraderDad]

Hhmm what does that mean? My Afrikaans suck

Something like this:

"I think Steinhoff, the holding company, will disappear and the pieces in Europe and Australia can continue in their own right. However, the debt must be between the

operating companies are divided"

[Lionelza1]

“Ek dink Steinhoff, die beheermaatskappy, sal verdwyn en die stukke in Europa en Australië kan in eie reg voortbestaan. Die skuld moet egter tussen die
bedryfsmaatskappye verdeel word.”

Exactly what my thoughts are.

Hhmm what does that mean? My Afrikaans suck

[DayTraderDad]

Where does that leave the share price...R0?

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If SNH is dissolved then shareholders will be given shares on the other companies but I don't believe SNH will disappear in total it will sell 49.9% of the companies to pay the debt and still maintain a controlling 50.1% just like MF.

[Bubble]

Where does that leave the share price...R0?

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[DayTraderDad]

interesting article: https://maroelamedia...inhoff-verloop/

“Ek dink Steinhoff, die beheermaatskappy, sal verdwyn en die stukke in Europa en Australië kan in eie reg voortbestaan. Die skuld moet egter tussen die

bedryfsmaatskappye verdeel word.”

 

Exactly what my thoughts are.

[DayTraderDad]

The price level is low, and many events and SENSes will be happening in December.

Maybe some investors or investment foundations are waiting to to see what the PwC report and the audited financials will look like, basically to see how much was the damage about, and what's the audited assets value will be, the last restated put it at 20 billion euros.

 

interesting article: https://maroelamedia...inhoff-verloop/