15225 replies to this topic

[DayTraderDad]

What are you referring to for the 26-8-2018 ?

26-10-2018 the implementation date for the restructuring.

[Tom]

And volumes very low think people just sitting waiting for 26th.

What are you referring to for the 26-8-2018 ?

[DayTraderDad]

Asian Markets Mostly Higher today.

https://markets.busi...gher-1027611124

 

I think what happened on Dow Jones, and Nasdaq was more a correction, as they have gone very high in a short period of time.

I am not sure it could well be today is a dead cat bounce. There is still lots of uncertainty.

[DayTraderDad]

The first monthly update on the restructuring was on 17-8-2018.

The second monthly update was supposed to be on 17-9-2018, but delayed to 20-8-2018 to merge it with the lenders' meeting presentation.

 

Which seems to me that the next update will be on Wednesday 17-8-2018, is this right or was there an announcement otherwise?

Yes but for me the big news is going to be the implementation of the restructure so we will get to know what will be the plans. (I hope)

[Tom]

Asian Markets Mostly Higher today.

https://markets.busi...gher-1027611124

 

I think what happened on Dow Jones, and Nasdaq was more a correction, as they have gone very high in a short period of time.

[Tom]

The first monthly update on the restructuring was on 17-8-2018.

The second monthly update was supposed to be on 17-9-2018, but delayed to 20-8-2018 to merge it with the lenders' meeting presentation.

 

Which seems to me that the next update will be on Wednesday 17-8-2018, is this right or was there an announcement otherwise?

Edited by Tom, 12 October 2018 - 10:30 AM.

[DayTraderDad]

Looks like futures in USA are up so things could be getting better so looks like a green day

And volumes very low think people just sitting waiting for 26th.

[DayTraderDad]

Any news about the status of the stock markets' latest crash ?

Looks like futures in USA are up so things could be getting better so looks like a green day

[Tom]

Any news about the status of the stock markets' latest crash ?

Edited by Tom, 12 October 2018 - 09:12 AM.

[Tom]

Any relevant news?

Edited by Tom, 12 October 2018 - 09:12 AM.

[leo]

Germany up already 5%

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Ms Jet]

A

 

the brokers r smiling on this share....they friggen making more money than us haha......theres always a winner

Alsi meant to start going up again on Tuesday so maybe Steinhoff will behave like a sheep and join the up trend.

[Lionelza1]

the brokers r smiling on this share....they friggen making more money than us haha......theres always a winner

[leo]

Amazing how jse allows this share to trade as we are clueless what we're buying

Am equally disappointed with the market for not playing my game hahaha **** it

Yip

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Lionelza1]

Amazing how jse allows this share to trade as we are clueless what we're buying

Am equally disappointed with the market for not playing my game hahaha **** it

[Lionelza1]

https://m.fin24.com/...apers-20181012?


Mostert also points out that Ben la Grange, former Steinhoff CFO, recently conceded to Parliament that the "false profit" in the Steinhoff system started "way way way back".


And that's the scary part.... False profit started Way way way back

[leo]

Tomorrow should be a better day

Sent from my SM-G935F using Sharenet Sharechat mobile app

[leo]

so this the reason we seen the drop? fear of market crashing?

Like us, it's an emotional share

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Lionelza1]

No I think at this point Jooste and MF news is nothing compared with the talk of a stocks crash.

so this the reason we seen the drop? fear of market crashing?

[Tom]

Look at the debt of the market....was much worse this morning

Sent from my SM-G935F using Sharenet Sharechat mobile app

Where is this?