15225 replies to this topic

[Tom]

Ju ju....pain train coming past...

Sent from my SM-G935F using Sharenet Sharechat mobile app

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.

Edited by Tom, 04 December 2018 - 10:49 AM.

[leo]

Ju ju....pain train coming past...

Sent from my SM-G935F using Sharenet Sharechat mobile app

[leo]

Yip. It's going to be messy. Don't be fooled when it goes up.

Sent from my SM-G935F using Sharenet Sharechat mobile app

Fyi. If I'm not mistaken Companies have to submit all senses by this Fri....

Sent from my SM-G935F using Sharenet Sharechat mobile app

[leo]

Yea Tom.... They restating profits since 19footsek? Since they listed? So income will have to be corrected since then? So it should look pretty much kak

So the only hope is they don't correct everything!

Yip. It's going to be messy. Don't be fooled when it goes up.

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Lionelza1]

Any expectation of how the audited statement will look like?

Yea Tom.... They restating profits since 19footsek? Since they listed? So income will have to be corrected since then? So it should look pretty much kak

So the only hope is they don't correct everything!

[Tom]

Any expectation of how the audited statement will look like?

Edited by Tom, 03 December 2018 - 06:03 PM.

[Tom]

It's also that many people tend to sell when the price is down out of fear and frustration, while tend to buy when the price is up or after several ups because it feels profitable.

However I do understand how difficult it is do determine as when to buy or when to sell.

[Tom]

It's also that many people tend to sell when the price is down out of fear and frustration, while tend to buy when the price is up or after several ups because it feels profitable.

Edited by Tom, 03 December 2018 - 02:33 PM.

[Tom]

Yes good articles but the real fools are shareholders that dump the share on a single report.

How can one person with 2 juniors be able to do any sound prediction, if big huge financial institutions are not!

Obviously it was just a guess, came after the first drop, but participated in causing further drops.

 

[Tom]

Yes good articles but the real fools are shareholders that dump the share on a single report.

And getting worst as Viceroy now has a  very fearful reputation, that even if you don't believe what they say, you still have to sell before the other do.

[DayTraderDad]

https://www.fin24.co...anyago-20181130

http://www.sacommerc...roy-report.html

 

Yes good articles but the real fools are shareholders that dump the share on a single report.

[Tom]

https://www.fin24.co...anyago-20181130

http://www.sacommerc...roy-report.html

Edited by Tom, 03 December 2018 - 12:57 PM.

[DayTraderDad]

It will be the same story. Small spike then poison. the end.

Sent from my SM-G935F using Sharenet Sharechat mobile app

Yes its going to be interesting after reading through all those documents don't think creditors will go for liquidation or administration so my take is the CVA will be implemented then the shorter's are going to have a bad dream.

[leo]

Yes 14th going to be a big day. If creditors vote no share going to fall, if they vote yes share going to fly because that would be the last hurdle to implementing the restructuring.

It will be the same story. Small spike then poison. the end.

Sent from my SM-G935F using Sharenet Sharechat mobile app

[DayTraderDad]

http://m.digitaljournal.com/pr/4050863

Not sure if it helps. Seems like it's more or restructuring of the existing debt in a different jurisdiction.

They also refer to convertible bonds... there maybe a long term plan here.

In all honesty, complex sense.

14 Dec is a date to pencil in for what it's worth. Maybe a little spike to exploit

 

Yes 14th going to be a big day. If creditors vote no share going to fall, if they vote yes share going to fly because that would be the last hurdle to implementing the restructuring.

Edited by DayTraderDad, 02 December 2018 - 01:43 PM.

[leo]

The CVA in the UK has many similarities to Chapter 11 in The United States, so they can exit the money nonperforming contracts and business units and entities.

Tx

[Tom]

http://m.digitaljournal.com/pr/4050863

Not sure if it helps. Seems like it's more or restructuring of the existing debt in a different jurisdiction.

They also refer to convertible bonds... there maybe a long term plan here.

In all honesty, complex sense.

 

The CVA in the UK has many similarities to Chapter 11 in The United States, so they can exit the money nonperforming contracts and business units and entities.

Edited by Tom, 01 December 2018 - 04:31 PM.

[leo]

http://m.digitaljournal.com/pr/4050863

Not sure if it helps. Seems like it's more or restructuring of the existing debt in a different jurisdiction.

They also refer to convertible bonds... there maybe a long term plan here.

In all honesty, complex sense.

14 Dec is a date to pencil in for what it's worth. Maybe a little spike to exploit

[leo]

Leo your play does not make sense to me.... U trade on a couple cents.... How much money can u actually make in that fashion? It seems way too high risk for a small return, am asking coz I don't understand

On a day like today. 5k. 250 000 shares on cfd.

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Lionelza1]

And this share still trades.... Snippy u wanna talk about cons.... Look first at the jse.... Those cuunts r making money off us....