15225 replies to this topic

[Squideye]

Mattress Firm IPO: is the US retailer’s share a good buy? @ https://capital.com/...s-firm-mrfm-ipo

[Snippit]

Chart updated..  https://el834862649....inhoff-snh-jse/

 

 

[Squideye]

PEPKOR @ https://www.business...ing-a-comeback/

[Tiekkie]

haha...i observed that, especially today

i think people just expect this share to go up. Watch next week when the courts give the rubber stamp. Then this group will be on Fire 🔥 again

[Africa1962]

Reason I mention, is that every time SNH turns red, most ignore the fact that majority of the market is red too.

haha...i observed that, especially today

[new john]

Reason I mention, is that every time SNH turns red, most ignore the fact that majority of the market is red too.

[Africa1962]

have others....but none this fun!

[new john]

Sometimes I wonder to myself if SNH is literally the only ticker on some of your watchlists.

[Africa1962]

Don't worry. According to some German/Austrian mamparas at the Ariva Forum we are since Monday in a FOMO. Question is if it's a seller or buyer FOMO...   ​ 

 

Cleary the seller at the moment.....DTD curse

[Squideye]

U getting ur wish, its taking a bit of a poo

 

Don't worry. According to some German/Austrian mamparas at the Ariva Forum we are since Monday in a FOMO. Question is if it's a seller or buyer FOMO...   ​ 

Edited by Squideye, 19 January 2022 - 09:14 AM.

[DeltaHedge]

The valuation is based on 456 mil shares at Eur 9,11 per share.

U getting ur wish, its taking a bit of a poo

[DayTraderDad]

I have no clue...does this valuation include the new stores that was opened over the period?

The valuation is based on 456 mil shares at Eur 9,11 per share.

[Tiekkie]

That makes SNH 78,9% holding with Eur 4,1 bil! which is much less than the all time high of Eur 5,6 bil!

I have no clue...does this valuation include the new stores that was opened over the period?

[DayTraderDad]

PEPCO - no Zloty Machine...!? 
 
Pepco had priced the IPO at 40 zlotys per share, giving it a valuation of 23 billion zlotys ($6.29 billion).
https://www.iol.co.z...73-5df0a6ee9be9
 
Today at an all time low since day of IPO @ https://www.marketwa..._recentlyviewed

That makes SNH 78,9% holding with Eur 4,1 bil! which is much less than the all time high of Eur 5,6 bil!

[Squideye]

PEPCO - no Zloty Machine...!? 

 

Pepco had priced the IPO at 40 zlotys per share, giving it a valuation of 23 billion zlotys ($6.29 billion).

https://www.iol.co.z...73-5df0a6ee9be9

 

Today at an all time low since day of IPO @ https://www.marketwa..._recentlyviewed

[Tiekkie]

I wonder what agreements Steinhoff and Deloitte have signed...

BREAKING NEWS: Tongaat begins pursuit of Deloitte over its accounting scandal.
Chair Louis von Zeuner says the process of claiming against former auditor Deloitte for its role in its accounting scandal is under way...

https://www.business...unting-scandal/

I think they said that they don't want any prosecution to be brought against them when they pay part of the settlement.

[Squideye]

  I wonder what agreements Steinhoff and Deloitte have signed...

 

BREAKING NEWS: Tongaat begins pursuit of Deloitte over its accounting scandal.

Chair Louis von Zeuner says the process of claiming against former auditor Deloitte for its role in its accounting scandal is under way...

 

https://www.business...unting-scandal/

[Batra]

Once bitten, twice shy...? from 02:37
https://www.youtube.com/watch?
v=P7DGcMCf0Mo

Interesting
Listening to it carefully, what my take is
“Management doing the right thing”
“The share needs to consolidate further”
My conclusion: we, as believers in this share, for good reasons, have to suffer the inconvenience of uncertainty before we get to the big prize.
Patience will reward us
Beyond any form of analysis and comments, I am daily more convinced that all of those believing in this share and the restructuring of SNH will get their fair return on investment

[DayTraderDad]

DTD, you again forgot to calculate the 70 million shares for PEPKOR shares because of property swops...

Yes thats true so you can add that then need to subtract what they selling to pay down debt and what willthey give PIC?

For me Snh no longer will hold 50% or more after the settlement.

[Polla]

Hi Polla this is how I see it:

 

1 - TT getting 29.5  mil of PPH shares or 0,8 % of PPH issues shares+ R500 mil cash

 

2 - Trevo have option to take 120 mil shares (or 3,2% is PPH issued shares)  at R 24,9215 which  is equal to cash value of R2,99 bil or Eur 170 mil

 

3 - The percentage of PPH shares to be given the the other people of the GS is 9,3% - Please do the sums

 

So lets do some sums:

 

1 - Percentage holding at present of PPH by SNH is 58,8% less 9,3% less 0.8% =  Final holding before paying off any debt is 48,7% (already below the 50%)

 

2 - The 3,2% option means SNH has lost control over the fut=re growth of the calue of those shares so all SNH will get is Eur 170 mil ( at today's exchange rate what happens if the Rand deteriorates further??) but the holding then drops to 48,7 - 3,2% = 45,5%

 

So now what is the PIC secret deal? is it they will give PPH the 13% in exchange for SNH shares??

 

My question to you, how much of PPH they will have to sell to pay down debt??

DTD, you again forgot to calculate the 70 million shares for PEPKOR shares because of property swops...