Steinhoff
#12881
Posted 26 September 2018 - 09:15 AM
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#12882
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
Posted 26 September 2018 - 08:45 AM
#12884
Posted 26 September 2018 - 08:42 AM
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#12885
Posted 26 September 2018 - 08:13 AM
#12886
Posted 25 September 2018 - 07:46 PM
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#12887
Posted 25 September 2018 - 07:43 PM
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#12888
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.
#12889
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
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...
#12891
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...
#12892
Posted 25 September 2018 - 06:12 PM
#12893
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
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
Posted 25 September 2018 - 06:00 PM
Some nice growth coming from poundland...... Pittence but every effort noteworthy
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#12896
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
Posted 25 September 2018 - 05:22 PM
#12898
Posted 25 September 2018 - 05:13 PM
If this is how the cookie crumbles, then I think we are going to make some good money
#12900
Posted 25 September 2018 - 05:02 PM
And i think going up before any downs...
Tomo should hopefully be volatile
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