15225 replies to this topic

[leo]

Up 3%.....

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[leo]

Ho lovely run in XETRA now 1.4% in the green

Bad news

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[DayTraderDad]

So far so good. 

Ho lovely run in XETRA now 1.4% in the green

[DayTraderDad]

Boring

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So far so good. 

[leo]

Boring

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[leo]

Ok so lets hope we getting positive emotions!!

Haha. Indeed. Waiting a little before buying back in again.

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[DayTraderDad]

Don't agree. This share trades on emotions.

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Ok so lets hope we getting positive emotions!!

[leo]

I think the share has bottomed and going slowly up to the 2.10 - 2.16 levels. SNH got caught in the world sell off. We will have to wait for the announcement on the restructure by 19th November.

Don't agree. This share trades on emotions.

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[DayTraderDad]

Yea just gatvol... I think if it falls below R1. 80, serious problem

I think the share has bottomed and going slowly up to the 2.10 - 2.16 levels. SNH got caught in the world sell off. We will have to wait for the announcement on the restructure by 19th November.

[andi222]

This share will go down daily until the numbers are released. No serious good news are expected till then. So shorter sellers will push the price down. And if you look at the chart the share has a negative trend which it will only break if serious good news is announced.

[Lionelza1]

Yea just gatvol... I think if it falls below R1. 80, serious problem

[leo]

Ya boet.... Useless thing.... Might be under R1 by next mnth

Na. Think it will bottom out 170 to 180 range.....depending though on what off sides info is released at random.

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[Lionelza1]

Ya boet.... Useless thing.... Might be under R1 by next mnth

[leo]

There she blows boys and girls. Straight to the gutter, where it technically belongs.....

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[leo]

The Company announced on 5 October 2018 (the "5 October Announcement") that its subsidiary Mattress Firm, Inc. (together with its U.S. subsidiaries, "Mattress Firm") was taking steps to implement a pre-packaged plan of reorganization through the voluntary filing of cases under Chapter 11 of the US Bankruptcy Code (the "Mattress Firm Filing"). In conjunction with the Mattress Firm Filing, Mattress Firm also secured certain financing arrangements that come into effect upon completion of the implementation of the plan of reorganization and Mattress Firm's exit from the Chapter 11 proceedings that are intended to support its business going forward. Further to the 5 October Announcement, and in relation to the Mattress Firm Filing, the High Court of Justice in England and Wales, on 24 October 2019, granted Stripes US Holding, Inc. ("SUSHI"), a direct subsidiary of Steinhoff Europe AG ("SEAG"), permission to convene a scheme meeting for the creditors affected by the English scheme of arrangement proposed by SUSHI (the "SUSHI Scheme") for the purpose of considering and, if thought fit, approving the SUSHI Scheme. SUSHI currently has a revolving credit facility (the "SUSHI RCF") under which it owes certain lenders (the "SUSHI RCF Lenders") approximately US$200 million. Pursuant to the SUSHI Scheme, it is intended that the SUSHI RCF Lenders will exchange their rights under the SUSHI RCF for substantially similar rights under a new RCF between, among others, SEAG (as borrower) and the Company (as guarantor), with the SUSHI RCF being cancelled.

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[DayTraderDad]

Over and out all of you....heard enough bs for the year....good luck to the good guys and the others may you Trusly Reap what you Sow.....Adios.

Hahaha I bet you will keep a good eye on SNH!

[leo]

What about Titan. Can you confirm there holdings change from Aug to Oct.?

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Sorry, not picking up titan

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[Investment novice]

What about Titan. Can you confirm there holdings change from Aug to Oct.?

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[leo]

TITAN PREMIER INVESTMENTS (PTY) LTD on 28-09-2018 had 137,558,263 on the 31-08-2018 had 0 ( This is a Wiese company)

Latest i see. Is in his name. 6.2%, 267m shares. 2nd biggest investors.

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[Investment novice]

Follow this link to find out who is Titan: https://www.bloomber...capId=261002395

Is he reducing his overall holding. Is he dropping his lawsuit. Why would wiese invest such a large amount.
He has a lot to gain from this. After losing virtual wealth accumulated over the years.
One question I posed many threads back was on the integrity of his law suit... Seemed like a nail in the coffin at the time and pushed the share beyond the r5 barrier... Downwards.... I questioned if it was in fact to hammer the share price so that he cold climb on board further...

WHAT is your take.. Perhaps a fantastic radio show question where Chris gibbons poses to wiese... So old chap what gives...

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