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Steinhoff


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#11981 Lionelza1

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Posted 02 November 2018 - 02:18 PM

I think if they don't release fy17 as promised they will suspend.

Doubt they will suspend now as they allowed it to run for so long. But anything is possible with this special share
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#11982 Brab

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Posted 02 November 2018 - 01:37 PM

Hi guys, do you think there is any chance of snh being suspended?
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#11983 Tom

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Posted 02 November 2018 - 01:06 PM

This will support Y17 sales by about 1.7 billion euros Poundland contribution, which will make the coming audited financials in Dec18 for y17 not looking all bad.

I don't think they should spend anytime on doing any restructuring on Poundland, as it has been posting good results, but if there's a buyer for it a good price, then that will also be another good option (to pay down the debt, and reduce the risk of having to service lots of debts).


Edited by Tom, 02 November 2018 - 01:11 PM.

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#11984 leo

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Posted 02 November 2018 - 12:30 PM

Everything in my mind is om track for LUA. 85% creditors agreed.

Think it's just the shock of massive fraud, for those whom were still in denial.

Share is dropping now.

Be patient if you wanna buy in. Impo

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#11985 Bubble

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Posted 02 November 2018 - 12:28 PM

The LUA has been signed all is left is the restructuring process and the lender have their representatives in place so why would it not work when lenders already supporting MF?

OK, restructuring process not going well then. I am speculating here also, could be dealing with different set of lenders not liking the plan.


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#11986 DayTraderDad

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Posted 02 November 2018 - 12:23 PM

Or, the LUA discussions are not going that well and might not be finalized.

The LUA has been signed all is left is the restructuring process and the lender have their representatives in place so why would it not work when lenders already supporting MF?


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#11987 Bubble

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Posted 02 November 2018 - 12:13 PM

They up 5% this morning.  https://www.boerse-b...in=XS1650590349

 

My take is part of the restructure is for bond holders to get paid in equity ( think MF is a example of lender taking equity) so maybe the 10% - 15% of bond holders that don't support the restructure want out.

Or, the LUA discussions are not going that well and might not be finalized.


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#11988 DayTraderDad

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Posted 02 November 2018 - 11:58 AM

Bonds are now the lowest it's been 3 months.

 

This share beats me.

They up 5% this morning.  https://www.boerse-b...in=XS1650590349

 

My take is part of the restructure is for bond holders to get paid in equity ( think MF is a example of lender taking equity) so maybe the 10% - 15% of bond holders that don't support the restructure want out.


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#11989 leo

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Posted 02 November 2018 - 11:49 AM

Bonds are now the lowest it's been 3 months.

 

This share beats me.


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#11990 DayTraderDad

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Posted 02 November 2018 - 11:02 AM

Poundland news: https://retailanalys...results/i/20431


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#11991 DayTraderDad

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Posted 02 November 2018 - 10:59 AM

This damn thing is just all over the place. I'm waiting till end of next week.

Just be a little patient

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Yes I agree with you.


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#11992 leo

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Posted 02 November 2018 - 10:48 AM

Sold all now waiting for the drop hope you right!


This damn thing is just all over the place. I'm waiting till end of next week.

Just be a little patient

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#11993 DayTraderDad

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Posted 02 November 2018 - 10:30 AM

Here comes the drop....

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Sold all now waiting for the drop hope you right! 


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#11994 DayTraderDad

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Posted 02 November 2018 - 10:29 AM

See the share price is holding. Wtf

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Haha hope your call of R1.80 will come again. You call it well last time!


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#11995 DayTraderDad

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Posted 02 November 2018 - 10:28 AM

Makes no sense that the share is going up. There's clearer evidence of fraud and corruption.

This share beats me

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Exactly where was the corruption that everybody is talking about? Yes Jooster and his gang did buy property up ahead of Steinhoff and made a profit. On the other hand if Steinhoff went to buy property directly the price would be higher landlords would ask more because known company was buying and would play hard to get. What SNH management should do is look at the transaction and claim any moneys that were in excess to a fair markup. That's why the share is going up!


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#11996 leo

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Posted 02 November 2018 - 09:24 AM

See the share price is holding. Wtf

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Here comes the drop....

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#11997 leo

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Posted 02 November 2018 - 09:23 AM

See the share price is holding. Wtf

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#11998 Bubble

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Posted 02 November 2018 - 09:16 AM

Yip, I see pain today.

 

https://www.boerse-b...in=XS1650590349

Everyday is pain with this thing!

 

Even IN has gone underground lately.


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#11999 leo

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Posted 02 November 2018 - 09:05 AM

Yip, I see pain today.

 

https://www.boerse-b...in=XS1650590349

 

 


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#12000 Bubble

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Posted 02 November 2018 - 08:37 AM

Something happened and is happening in the Bond market. Declining for a while and and then collapsed yesterday. Very worrying.

- Is it the German public holidays the last two days.

- Who sold (Anybody knows?)

Attached Files


Edited by Bubble, 02 November 2018 - 08:38 AM.

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