15225 replies to this topic

[KP7]

Haha very good keep on tracking and post it again after the financials Friday and debt restructure!!!

 

The market will do what it wants, not what you want!!!!!!!

[DayTraderDad]

Updated chart hahaha

 

0D1A22FB-27CA-4C9A-84AA-E1E41380417D.jpeg

Haha very good keep on tracking and post it again after the financials Friday and debt restructure!!!

[Squideye]

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[KP7]

Updated chart hahaha

 

 0D1A22FB-27CA-4C9A-84AA-E1E41380417D.jpeg   82.14KB   22 downloads

[DayTraderDad]

And if a SENS about debt restructuring comes out, you'd miss the jump & would be on this forum each day talking the share down. To each their own.

 

For me today's move is purely macroeconomics - Europe is down heavily. And it's not like this share is insulated from whatever happens elsewhere. For Steinhoff though: step 2 done, onwards to making the debt sustainable.

I would be looking forward the SENS (it will make very interesting reading ) and would like to see how the Eur 11 bil debt will be restructured with Eur 7,8 bil of assets, increasing interest rates (there is talk of 5 rate hikes)  and very poor future cash flows!!!

 

I am not talking the share down I am simple putting some thoughts for people to think about their investments!!!

 

For me makes absolutely no difference what people think of my comments and I am very sure I have no influence on the share price.

 

Why don't you put some ideas how you see the restructure? Maybe you have better options and we all can learn something?

[Tentative]

And if a SENS about debt restructuring comes out, you'd miss the jump & would be on this forum each day talking the share down. To each their own.

 

For me today's move is purely macroeconomics - Europe is down heavily. And it's not like this share is insulated from whatever happens elsewhere. For Steinhoff though: step 2 done, onwards to making the debt sustainable.

 

Don't fall in love with the share do your own evaluations and ask yourself from where is the value of R5 coming from!!!

 

I am not giving any advise just something for people to think about if you sell at R5 and then drops to R2.5 you then can buy twice the amount of share you sold at R5!!!!

[DayTraderDad]

Stock exchange since 1900 has resisted 1929 crack, two world wars, x financial crisis and z energy crisis and pandemic and what not. It has always proven resilience despite volatility. It is interesting to see what 1$ invested on the Nasdaq equivalent at the earliest stage of the 20th century is generating now.
I don’t agree on the melting statement other than being very very temporary
There is a very tiny book from W.Buffet to read on the matter, 45’ reading and quite insightful

Be careful not to be selective at W. Buffet insights!! One of his main ones he only buys into companies with value!!!

[DayTraderDad]

yes it is but not nice for us long on the share

Don't fall in love with the share do your own evaluations and ask yourself from where is the value of R5 coming from!!!

 

I am not giving any advise just something for people to think about if you sell at R5 and then drops to R2.5 you then can buy twice the amount of share you sold at R5!!!!

[Squideye]

The naive pocket-money punters in Germany who believed that the share price will rise by a few 100% on the day of the GS approval are leaving ship...    

[DayTraderDad]

interesting how it launched 8 percent but now back to under where it launched from - best trading stock on the market currently.

Like I said the best ATM I have found. (But off course no market manipulation just algorithms!!! Haha)

 

Now that all the excitement is over about the GS people starting to focus on the Eur 11 bil debt and falling share price of Pepco. ( In fact Pepco IPO proving to be a failure and I agree they should have listed in the UK) 

 

I also not convinced MF is going to be a big winner under the current situation with increasing interest rates and a big debt caused by shareholders borrowing money to pay dividends!!!

 

So my target price still stands!! 

[DeltaHedge]

yes it is but not nice for us long on the share

Yea its kak

[Tiekkie]

interesting how it launched 8 percent but now back to under where it launched from - best trading stock on the market currently.

yes it is but not nice for us long on the share

[DeltaHedge]

interesting how it launched 8 percent but now back to under where it launched from - best trading stock on the market currently.

[Batra]

And dont forget the noise of war between Ukraine and Russia which is next door to Poland!

Stock exchange since 1900 has resisted 1929 crack, two world wars, x financial crisis and z energy crisis and pandemic and what not. It has always proven resilience despite volatility. It is interesting to see what 1$ invested on the Nasdaq equivalent at the earliest stage of the 20th century is generating now.
I don’t agree on the melting statement other than being very very temporary
There is a very tiny book from W.Buffet to read on the matter, 45’ reading and quite insightful

[Africa1962]

i wonder if this is why the price is tanking.....investors realise it is time to start diluting the company with payouts...

[Squideye]

[Africa1962]

still 

 

And dont forget the noise of war between Ukraine and Russia which is next door to Poland!

think it was stupid to list in poland and not Uk.....

[Squideye]

Now it becomes official @ https://www.sharenet...0&seq=19&scode=

As disclosed in Steinhoff’s announcement of 15 December 2021, formal withdrawal of the various litigation that has been settled, including the withdrawal of the Liquidation Application against SIHNV will occur immediately following Settlement Effective Date (is expected to occur on or about 15 February 2022). Occurrence of Settlement Effective Date is the remaining condition under SIHNV’s Composition Plan.

[Squideye]

Now it becomes official @ https://www.sharenet...0&seq=19&scode=

[DayTraderDad]

  All that's needed now is a nice audited financial statement next Friday....

Yes with a good explanation how the debt will be paid down to a sustainable level!

Looking at the share price of Pepco today its going to be a big task finding a solution.

For me its looking more and more deficult!

The two Pep units together today value is about Eur6 bil therefore the MF IPO must produce serious value to reduce the debt to tne Eur 2 bil level which will carry a interest of Eur 110 mil per year without dividends from MF and no shareholding in the pep units.