15225 replies to this topic

[Lionelza1]

I'm working on an exit plan and need hopefully keep my losses at a minimum..... I see on tradegate there's a up so I gonna chill a bit and hopefully make right decision at right time

[Lionelza1]

They still have Babbas friends ways of doing business so expect more lies and deceit from these fckn clowns....

The force is strong within haha

[leo]

Good summary article.

 

Basically, shareholders are F'd. Creditors in charge.

 

https://www.moneyweb...s-at-steinhoff/

 

[Ms Jet]

Hi Larry K, Indo making you philosophical

 

Dad....or any traders any idea of day ranges today once Frankfurt opens??? have a good day all......Lionel good luck whatever you decide....

[LarryK]

Sir John Templeton:
''Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. ''

[Lionelza1]

When the markets open 2morrow morning I'm dumping 50% of this useless share.... Buy again when it hits R1

[Lionelza1]

I think if they announce sale of snh might see 80% rise haha..... Again I say those noobs need a culture change on how they conduct business..... The trust issue is what they need to work on asap

[Lionelza1]

Market not buying it

[Burnt as well]

 

Another SENS, at least this is positive news!

 

 

UPDATE ON DISPOSAL OF KIKA-LEINER PROPERTY HOLDING COMPANIES

Steinhoff International Holdings N.V. (the "Company") (together with its subsidiaries, the "Group")

 

Further to the Company's announcements on 22 June 2018 and 13 July 2018 in respect of the agreed sale of the Kika-Leiner operating companies and property companies, the Company is pleased to announce that the sale of the Kika-Leiner property companies to SIGNA Group has today been completed.

The sale of the Kika-Leiner operating companies completed earlier this year. As such, the completion of the sale of the Kika-Leiner property companies is the final step in the sale of Kika-Leiner by the Group.

 

Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the Group.

Stellenbosch, 15 October 2018

 

[Ms Jet]

New sens on kika sale completion

[soutie]

U are missing the point. When u are given assurance on a live television broadcast to the global markets that come Oct 20th the agreement will be signed sealed and delivered... All good.... When u ask for an extension on the 11th hour it gives u all indication that they are pretty much fckn clueless.

I was hoping sonn said more on that parli process... I know appreciate her silence and not blowing hot air.

Perhaps I was naive to throw in another bar. Now I sit and wait to see how much damage this will cause, that agreement I was playing for 20-30% rise.... The question now %rise on what? R2 or R1

 

Averaging down like the above.....phew...   right up there with don't f#ck your brother's wife.

 

Love this thread Jerry Jerry......

[Lionelza1]

And come 15th Nov they announce another extension? We'll be pumping again on R0.50

[Lionelza1]

U are missing the point. When u are given assurance on a live television broadcast to the global markets that come Oct 20th the agreement will be signed sealed and delivered... All good.... When u ask for an extension on the 11th hour it gives u all indication that they are pretty much fckn clueless.

I was hoping sonn said more on that parli process... I know appreciate her silence and not blowing hot air.

Perhaps I was naive to throw in another bar. Now I sit and wait to see how much damage this will cause, that agreement I was playing for 20-30% rise.... The question now %rise on what? R2 or R1

[Investment novice]

Delays expected. Juggling multiple issues. Especially MF.
Best to ask for a month than ask for a week and then come back for more time.
I am quite pleased that indications are that all is progressing well and this points to a succesful restructuring as opposed to a failure.
If price drops... I may pile in further at mid r1. 50

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[Lionelza1]

5 day before the deadline they announce a MONTHS extension! They shudve announced this atleast a week earlier OR announce a WEEK extension!...

Makes me wonder if these noobs know what they're doing. They should rather manage a circus and get capable ppl of doing the job if u ask me

[leo]

Things are going to get ugly

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[Lionelza1]

There we go.... Under R2.... 1 mnth time we might even see this useless thing under R1 hahaha jirre jussis

[leo]

Im out for now. Avg price 3.90...so taking a beating

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[LarryK]

Thanks ms Jet.

I’m about 3000km from the disaster area. Indonesia is incredibly spread out so thankfully all good so far.

[Lionelza1]

OK not bad avg....but not good either, For me guys.... There's no wayz I'm going to play for that results....the corruption that was reported and the time it goes back.... *** that ****! Goodluck if u going to play for it

We don't even know of the corruption that was not reported and believe u me there's more kak to come