Weird...I'm going for buying the rumour?
Whatever it is, if I see a hint of a drop will take the opportunity
There are 2 strong opinions on this share:
One opinion believes that it worths less than 0 cents.
A second opinion believes that it will recover soon, and it will keep recovering till it reaches more than 30 to 70 rands within 1 to 2 years time
And One opinion believes that the management (new and old) are crooks by default.
While a second opinion believes that the new management has good ability and intentions unless proven otherwise.
I don't know what to believe, but I try to keep the faith that Steinhoff is big (that's why it fell hard), with underlying value, although I can't quantify it (and I don't know whether my belief is right or wrong).
Edited by Tom, 16 October 2018 - 04:14 PM.