15225 replies to this topic

[Lionelza1]

You've come this far....

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eish i hear you leo....am suprised how fast time went by.....but if i wait for next yr then id have to gamble on the financials. i love high risk but yooh....not on the kinda fraud that has been reported....risk is way too high for me

[leo]

i was going to sell on Monday....choppies share made up for my losses on this special one...but i decided to hold strong till latest end october......patience is running out fast tho

You've come this far....

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[LarryK]

Jip this thing is sucking the life out of us!

[Lionelza1]

i was going to sell on Monday....choppies share made up for my losses on this special one...but i decided to hold strong till latest end october......patience is running out fast tho

[leo]

Investment novice. You still in it for the long haul?

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[Lionelza1]

I need R3.20 to break even ... Then I'm jumping ship. I literally have no more hair left on my head... and I'm starting to lose my chest hair too. I'm going to move my money to Escponents Class B fixed 5 year.

am joining u on jumping ship

[Lionelza1]

A Miracle....

hahahaha ......wait its comming but eish when good news breaks this thing spikes then a moer se dip again...not holding

[Ram85]

Hi All,what are we hoping for on or prior 20th October...

 

I need R3.20 to break even ... Then I'm jumping ship. I literally have no more hair left on my head... and I'm starting to lose my chest hair too. I'm going to move my money to Escponents Class B fixed 5 year.

[Ram85]

Hi All,what are we hoping for on or prior 20th October...

 

A Miracle....

[Ms Jet]

Hi All,what are we hoping for on or prior 20th October...

[Lionelza1]

There's 200 stores closing down? No people will lose their jobs in MF and the reality is its needed.

MF need to do the right thing and start making money again

[Milo]

In the end people will do the right thing to save jobs etc...So yes Steinhoff might turn into a hurricane soon with lots of money to make if there is a storm brewing now    

[Lionelza1]

Dear Howard, I trust u parted with your money and bought yourself a mattress yes? Kindly get your fellow Americans to do same it will help

A gamble it is, but no such thing as a wrong gamble? Do u think u made the right gamble with snh shares? U are risking your money based on what information? I'm going with my balls and many disagree, I don't blame them haha. Prior Dec 2017 the market was fed false information by snh and their auditors.

There's a storm brewing on this share ....

[Milo]

I am currently in USA. I have seen a few mattress firm shops. I must say it is beautiful and modern inside and outside and the beds etc.. looks excellent and modern with remote controls etc.. . I am very impressed with the look of the shops and beds and the well dressed staff inside. They are dressed in suits. I even asked one of the staff inside how is mattress firm doing and he said it is doing a lot better and he sounded very positive. It really does not look like a company that's going bankcrupt to me. Everything looks good and positive. They even advertise the company and beds on the local tv channels and weather channel here. I have a few shares in Steinhoff and what I have witness here have given me a lot of confidence in keeping the shares.

 

I think broker firms like Coronation must drop their law suits against Steinhoff and give the share price time to recover. It will be better for all. I think we must actually open law suits against Coronation etc, because they now stealing from us normal shareholders by not letting the share price recover. Why is there law suits against us normal shareholders but nothing against Coronation and them. They want Steinhoff to fail but we want Steinhoff to recover. The shareholders should actually sue Coronation and not Coronation sue Steinhoff for loosing there money. Buying shares in a company is a gamble in my opinion and they tooked the wrong gamble at the time.   

[Ms Jet]

The last SENS (on Friday 5-Oct-2018)  said:

"The Group Restructuring otherwise continues in accordance with the terms of the lock-up agreement entered into by the Company on 11 July 2018",

 

Which (I think) is a positive sign (but anything can happen, so please make safe trading or investment decisions).

Just wondering what they can tell us that we don't already know...

[Tom]

Yes I use the alerts and set a sell with limit price if I have a long target...but that's about it...Thanks...hope we all get the upswing we hope for 20th and its not all factored into the price again....

The last SENS (on Friday 5-Oct-2018)  said:

"The Group Restructuring otherwise continues in accordance with the terms of the lock-up agreement entered into by the Company on 11 July 2018",

 

Which (I think) is a positive sign (but anything can happen, so please make safe trading or investment decisions).

Edited by Tom, 08 October 2018 - 05:26 PM.

[Ms Jet]

i think you can just set alerts via sms, i do not see any other options,but call the call centre to get clarification. I also feel that this might not be the right platform if you planning on doing this for the long term. 

Yes I use the alerts and set a sell with limit price if I have a long target...but that's about it...Thanks...hope we all get the upswing we hope for 20th and its not all factored into the price again....

[Tom]

"Mattress Firm’s balance sheet, published Friday, shows its liabilities exceeding its assets by $1 billion. The company had run out of options, having burned through about $500 million of cash in three years. A Mattress Firm holding company was on the hook for $3.2 billion of Steinhoff intra-group loans. "

 

So that maybe explains it, that Steinhoff now can demand that Mattress Firm pay them back the internal loan (this is just a guess from my side), and now that MF is half owned by the lenders, then the pay back or servicing of such internal loans will be done 49.9% by the lenders.

Edited by Tom, 08 October 2018 - 04:37 PM.

[Tom]

I think the MF deal was not a very bright deal for Steinhoff (but then again am no expert in these matters, and I don't have the whole picture, facts nor details), however this analyst thinks otherwise:

https://www.cnbc.com...ys-analyst.html

Edited by Tom, 08 October 2018 - 04:16 PM.

[Lionelza1]

Does anyone know how to set a stop loss limit on FNB?? I can set sale limit but you would do this I presume if hoping to sell higher... HELP...Ive just set notification for now...

i think you can just set alerts via sms, i do not see any other options,but call the call centre to get clarification. I also feel that this might not be the right platform if you planning on doing this for the long term. 

Edited by Lionelza1, 08 October 2018 - 02:47 PM.