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Steinhoff


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#12881 leo

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Posted 26 September 2018 - 09:15 AM

Bids and asks are massively far appart thus far...going to be a bumpy road.

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#12882 leo

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Posted 26 September 2018 - 08:50 AM

Leo when theres a drop..tommorrow i reckon lows what figure you hoping for to buy?


Howzit Jet. I'll never commit to a specific figure as i honestly don't know. Possible negative VEB news and now pepkor sentiment

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#12883 Ms Jet

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Posted 26 September 2018 - 08:45 AM

Leo when theres a drop..tommorrow i reckon lows what figure you hoping for to buy?
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#12884 leo

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Posted 26 September 2018 - 08:42 AM

See frankfurt down 2% thus far. But things change quickly, so could be up.

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#12885 Ms Jet

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Posted 26 September 2018 - 08:13 AM

https://www.moneyweb...hanges/.....any opinions pepkor shares...i have some but bought cheap
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#12886 seeking knowledge

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Posted 25 September 2018 - 07:46 PM

Replying to Day trader dad

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#12887 seeking knowledge

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Posted 25 September 2018 - 07:43 PM

Sounds like a good idea for Steinhoff to implement. This would be a good outcome for all. Claims will take a bit but not insurmountable in this scenario. I started by thinking that Steinhoff must be worth more than R5 back in December / January and bought and have added more along the way. It has taught me a lot and one of these is that once you have reached a decision you will then look for similar views that resonate with your own thoughts. After the signing of the lockup agreements I am much more relaxed. The Steinhoff team are in my opinion very good. I am impressed by them and remain positive

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#12888 Tom

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Posted 25 September 2018 - 07:27 PM

I don't think this article was acknowledged by the market... That day the share price was at around r3... Subsequently lost ground over two months to head towards R1.

Time will tell.... Once the court rules on the scoundrels... Directors liability.... Delloite malpractice..... Etc.... We will then on lastly look at snh liability... Not sure if court can make a ruling tomorrow with the lack of information as it stands.... More time is needed.... I would bet on a postponement of preceedings

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True.

The market had a very negative outlook and predictions on Steinhoff that time, as all news and news commentators were very negative on it, however lots of those negative predictions (massive outright fraud, firesale, Enron, Ponzi Scheme) have so far proven to be wrong, baseless, or debatable.

 

The safest way for Steinhoff now is to sell a couple of billions of Euros of assets per year in the next 3 years (LUA) on a fair price in order to reduce the more expensive debt, and/or replace it with a less expensive debt.

Restructuring of business units (cost reduction, and effective discount to push up revenue and profit amounts) can also help.


Edited by Tom, 25 September 2018 - 07:32 PM.

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#12889 leo

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Posted 25 September 2018 - 06:45 PM

I’d be happy to be wrong but the reality is we are all speculating and doing our best to justify our investments whilst not really knowing what’s going to happen with this share.
I’m sitting tight though...


O wise one. It's the truth

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#12890 Tom

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Posted 25 September 2018 - 06:43 PM

I’d be happy to be wrong but the reality is we are all speculating and doing our best to justify our investments whilst not really knowing what’s going to happen with this share.
I’m sitting tight though...

 

:)


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#12891 LarryK

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Posted 25 September 2018 - 06:37 PM

I don't think this article was acknowledged by the market... That day the share price was at around r3... Subsequently lost ground over two months to head towards R1.

Time will tell.... Once the court rules on the scoundrels... Directors liability.... Delloite malpractice..... Etc.... We will then on lastly look at snh liability... Not sure if court can make a ruling tomorrow with the lack of information as it stands.... More time is needed.... I would bet on a postponement of preceedings

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I’d be happy to be wrong but the reality is we are all speculating and doing our best to justify our investments whilst not really knowing what’s going to happen with this share.
I’m sitting tight though...
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#12892 Ms Jet

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Posted 25 September 2018 - 06:12 PM

Id really like know time tommorrow??
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#12893 leo

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Posted 25 September 2018 - 06:10 PM

https://inews.co.uk/...landlords-cost/
Some nice growth coming from poundland...... Pittence but every effort noteworthy

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Thanks

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#12894 Investment novice

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Posted 25 September 2018 - 06:05 PM

Gents it’s an old article and while I do believe in the info it’s possibly already factored into share price.


I don't think this article was acknowledged by the market... That day the share price was at around r3... Subsequently lost ground over two months to head towards R1.

Time will tell.... Once the court rules on the scoundrels... Directors liability.... Delloite malpractice..... Etc.... We will then on lastly look at snh liability... Not sure if court can make a ruling tomorrow with the lack of information as it stands.... More time is needed.... I would bet on a postponement of preceedings

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#12895 Investment novice

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Posted 25 September 2018 - 06:00 PM

https://inews.co.uk/...landlords-cost/
Some nice growth coming from poundland...... Pittence but every effort noteworthy

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#12896 leo

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Posted 25 September 2018 - 05:25 PM

Gents it’s an old article and while I do believe in the info it’s possibly already factored into share price.


Would be the best outcome for shareholders, but that will only be know way down the road.

Tomorrow is about some reprieve or not.

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#12897 LarryK

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Posted 25 September 2018 - 05:22 PM

Gents it’s an old article and while I do believe in the info it’s possibly already factored into share price.
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#12898 woolhoff

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Posted 25 September 2018 - 05:13 PM

https://www.fin24.co...hoff-20180325-2


If this is how the cookie crumbles, then I think we are going to make some good money
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#12899 Tom

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Posted 25 September 2018 - 05:06 PM

https://www.fin24.co...hoff-20180325-2


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#12900 leo

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Posted 25 September 2018 - 05:02 PM

And i think going up before any downs...


Tomo should hopefully be volatile

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