15225 replies to this topic

[leo]

Leo you going join the other side soon 😂

Not yet....going to pry on other people's emotions..

Seems like the downwars trend still has some legs left. Will wait

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[Ms Jet]

Leo you going join the other side soon 😂

[leo]

MMM.. interesting take.

 

H12018 normalised EBITDA was E400m (actuals was a loss). So full year, say 800, with almost a 960m in interest expenses to be paid. After 3 years, they'll be roughly cash breakeven, after interest repayment.

 

So they'll need to sell assets, eroding EBITDA, and will most likely need to refinance debt after 3 years, hopefully at more favourable rates.

 

Think a lot of people are going to be highly disappointed by the FY17 results in December.

 

BUt.... to caveat myself slightly, lendors would not lend SNH any money if it was not a certain going concern at least...

[leo]

My target for 3 to 5 years time is R22 and if there is no recession in Europe then could even get back to the R40. Why? Very simple once the financials are out and cleaned and MF is turned around they can have a EBITDA of E1269 Mil which should give a EPS of E0.16 with a PE of 15 that equates to E2.4 which equates to close to R40. Pepkor Europe growing so that will drive profits.

 

MMM.. interesting take.

 

H12018 normalised EBITDA was E400m (actuals was a loss). So full year, say 800, with almost a 960m in interest expenses to be paid. After 3 years, they'll be roughly cash breakeven, after interest repayment.

 

So they'll need to sell assets, eroding EBITDA, and will most likely need to refinance debt after 3 years, hopefully at more favourable rates.

 

Think a lot of people are going to be highly disappointed by the FY17 results in December.

[DayTraderDad]

Yes for now one could say SNH is with nothing but over 3 to 5 years things will be much different. Even the Coronations and Alan Greys will jump back in a full speed.

Remember if the share get back to R40 the shareholders will virtually have no claim on losses. So for me has the share price rises so less will the VEB get. Yippy

[DayTraderDad]

That sounds awesome day trader but eish I think a bit far fetched for now.... Lots of junk in this trunk that we will still learn about

Yes for now one could say SNH is with nothing but over 3 to 5 years things will be much different. Even the Coronations and Alan Greys will jump back in a full speed.

[Lionelza1]

That sounds awesome day trader but eish I think a bit far fetched for now.... Lots of junk in this trunk that we will still learn about

[DayTraderDad]

So you mean that the share price will be in the range of R10 to R20?

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My target for 3 to 5 years time is R22 and if there is no recession in Europe then could even get back to the R40. Why? Very simple once the financials are out and cleaned and MF is turned around they can have a EBITDA of E1269 Mil which should give a EPS of E0.16 with a PE of 15 that equates to E2.4 which equates to close to R40. Pepkor Europe growing so that will drive profits.

[Ms Jet]

Thanks Lionel dear 😂 it is driving me bit loopy at moment....but i know what i have to do....Nothing

[Lionelza1]

Hang in there Jet.... We might see a good up this mnth and don't miss opportunity.... This share gonna bounce like a golf ball till Dec.

[Ms Jet]

Even my aunty shops there 😁 must say they are really trying...if sonns pulls them out trouble total respect and kudos to her..

[Tom]

https://www.edinburg...-toll-1-4807749

[leo]

I don't think that the PwC report is going to come out with information that is not already known. The real importance is that there will be fully audited financial results. My guess is it will not find irregularities, it will maybe find high evaluations and loans between companies but if the German authorities could not find anything in the last nearly three years don't really expect big surprises.

So you mean that the share price will be in the range of R10 to R20?

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[Ms Jet]

Well wish it would all hurry up...learning curve of patience for me..if was 1000 bagger wou6be very very nice

[DayTraderDad]

I think so to but i just pray pwc report ok

I don't think that the PwC report is going to come out with information that is not already known. The real importance is that there will be fully audited financial results. My guess is it will not find irregularities, it will maybe find high evaluations and loans between companies but if the German authorities could not find anything in the last nearly three years don't really expect big surprises.

[Ms Jet]

I think so to but i just pray pwc report ok

[DayTraderDad]

Thanks. I am sitting tight...been sitting on these hands for what seems like forever 😁

Haha people say to become wealthy one needs to find a ten bagger share ( share that goes up 1000%) then invest and wait. I believe SNH is a 10 bagger!!!

[Ms Jet]

Thanks. I am sitting tight...been sitting on these hands for what seems like forever 😁

[DayTraderDad]

169500 shares to be precise 😁 400 k approx ..out ot proportion for my portfolio ..have rebalance as soon as price goes up

Just sit tight. Things complicated in Europe due to Italian financial issues.

[Ms Jet]

169500 shares to be precise 😁 400 k approx ..out ot proportion for my portfolio ..have rebalance as soon as price goes up