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Steinhoff


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#13001 Ms Jet

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Posted 21 September 2018 - 04:31 PM

Haha thinking of going to the dark side 😂 but then ill hild with IN..we have faith
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#13002 LarryK

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Posted 21 September 2018 - 04:27 PM

Dad great...i may ask for a hand for some trading soon..


Me too please dad
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#13003 Ms Jet

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Posted 21 September 2018 - 04:24 PM

Dad great...i may ask for a hand for some trading soon..
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#13004 DayTraderDad

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Posted 21 September 2018 - 04:22 PM

LOL really? This goose is never cooked, it can turn around they've been thrown life lines...its how they implement things now that matters.... Asking for more money for MF was pathetic... But perhaps they know something we don't.

For long term investment.... Only after audited Financials... For now pump and dump

For me SNH was/is the best cash ATM I ever traded. It has great volatility and good long term prospects even among all the negative press. I guess this goose has been laying lots of golden eggs for me and quite sure the biggest eggs are yet to come. Hahaha


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#13005 leo

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Posted 21 September 2018 - 04:19 PM

LOL really? This goose is never cooked, it can turn around they've been thrown life lines...its how they implement things now that matters.... Asking for more money for MF was pathetic... But perhaps they know something we don't.

For long term investment.... Only after audited Financials... For now pump and dump


Spot on. Pump and dump

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#13006 Ms Jet

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Posted 21 September 2018 - 04:18 PM

Steinhoff has always behaved badly on or after a big day..tuesday veb day think surge weds drop...
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#13007 Lionelza1

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Posted 21 September 2018 - 04:14 PM

HAHAHAHHAA I enjoyed that.



Last comment on NAV:

31 March 2018 figures:

  • Net equity value is 3.8B
  • Goodwill is 6.1B
  • Intangible assets 3.2B
Tangible asset value is -6.7B

In most instances, valuing a company on NAV, you'll exclude Goodwill and other intangibles, (google it)

In my earlier post, I also showed you that comparing this to Massmart on a multiple basis, it's also negative.

I retract my earlier statement about this being a long term share for me. This goose is cooked.

LOL really? This goose is never cooked, it can turn around they've been thrown life lines...its how they implement things now that matters.... Asking for more money for MF was pathetic... But perhaps they know something we don't.

For long term investment.... Only after audited Financials... For now pump and dump
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#13008 Ms Jet

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Posted 21 September 2018 - 04:09 PM

Lionel there is clearance period to move money from share account to normal account but if you want buy shares immediately you can...from share account and balance should show....fnb say they can see 59000 i cant see if...that is where mistake is as rhar 59000 is part what i spent in snh...si my share price nit 2.58 but about 3....they cant hear me !!!
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#13009 DayTraderDad

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Posted 21 September 2018 - 04:07 PM

there you go..Corrected what i could

Thanks Polly great to get you back from the dead. Typical everything negative glass always half full! Hahaha lets chat in December, WHL I bought it many years back for R49 guess what after a number of years we back there I guess that's real growth. Jooste will get away with it because nothing was done wrong even the Germans with all the information leaked to them cannot make it stick.  Anyway always great to have different views.


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#13010 leo

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Posted 21 September 2018 - 04:00 PM

Think it's not a bad bet.

 

Scoping EOH, MTN and Aspen as reasonable risky chances...

 

But... If SNH drops to say 220 210.. i'm probably going to dabble.. in the short term

 

Glad lol I dumped my $ in MTN when it fell...


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#13011 Motivated

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Posted 21 September 2018 - 03:57 PM

Glad lol I dumped my $ in MTN when it fell...

HAHAHAHHAA I enjoyed that.

 

 

 

Last comment on NAV:

 

31 March 2018 figures:

  • Net equity value is 3.8B
  • Goodwill is 6.1B
  • Intangible assets 3.2B

 Tangible asset value is -6.7B

 

In most instances, valuing a company on NAV, you'll exclude Goodwill and other intangibles, (google it)

 

In my earlier post, I also showed you that comparing this to Massmart on a multiple basis, it's also negative.

 

I retract my earlier statement about this being a long term share for me. This goose is cooked.


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#13012 leo

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Posted 21 September 2018 - 03:45 PM

there you go..Corrected what i could

HAHAHAHHAA I enjoyed that.

 

 

 

Last comment on NAV:

 

31 March 2018 figures:

  • Net equity value is 3.8B
  • Goodwill is 6.1B
  • Intangible assets 3.2B

 Tangible asset value is -6.7B

 

In most instances, valuing a company on NAV, you'll exclude Goodwill and other intangibles, (google it)

 

In my earlier post, I also showed you that comparing this to Massmart on a multiple basis, it's also negative.

 

I retract my earlier statement about this being a long term share for me. This goose is cooked.


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#13013 Lionelza1

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Posted 21 September 2018 - 03:44 PM

Online few times...whats odd is the 59000 rand cause why isnt it available to spend like usual if you sell shares...you can buy more shares but cant transfer it to your current account until 5 days...u cant buy shares with the 59 k or see it...sounds like bull and Tues my balance will be zero and snh shares price what i think...spokr 2 different guys...but there wont be any come back for me.....once months ago bought shares and my share account overdrawn by 8 k....mad they asked me pay it back..i said is there interest...thry said no so i said ill put it back in 3 weeks 😂


Last time I sold it took 4days for money to clear... But yea they say up to 5dayz
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#13014 Tom

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Posted 21 September 2018 - 03:37 PM

https://www.business...y-end-december/


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#13015 Ms Jet

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Posted 21 September 2018 - 03:25 PM

Online few times...whats odd is the 59000 rand cause why isnt it available to spend like usual if you sell shares...you can buy more shares but cant transfer it to your current account until 5 days...u cant buy shares with the 59 k or see it...sounds like bull and Tues my balance will be zero and snh shares price what i think...spokr 2 different guys...but there wont be any come back for me.....once months ago bought shares and my share account overdrawn by 8 k....mad they asked me pay it back..i said is there interest...thry said no so i said ill put it back in 3 weeks 😂
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#13016 Polly

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Posted 21 September 2018 - 03:21 PM

Has anybody here read careful yesterdays presentation?( Mr Market has and what happened to share price?) and  Apart from Mattress Firm which is still working (what makes you say that? more bankrupt to me) on its turnaround (my take they will have to convert to a Conforama type of store) the other divisions are doing great,( again pure speculation) PEPCO expanding a good pace,( really) Poundland buying out stores from  Poundworld not to mention the great idea of the store in a store so why all the negativity? Further I am still absolutely convinced Jooste did nothing everything illegal because if he did he was  the dumbest cleverest CEO in the world to nearly get away with it ( but had to get caught in the end) that would lie deliberately under oath. My question so why would a business that has a turnover of 18 bil euros ( can this be trusted) with good( poor) management is now a dangerous disaster share compared with WHL, MTN  ( you cant compare SNH what those..chalk and cheese..Woolies one bad acq but wll turn it around and MTN being extorted by Nigerian Govt))

 

there you go..Corrected what i could


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#13017 Matrix

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Posted 21 September 2018 - 03:19 PM

Im absolutely convinced fnb made stuff up...my cost per share sitting at 2.58..just rang again..my balance which they said isnt showing till weds i sold other shares value 59000..they say will show weds i think my snh price about 3.04 and balance in account zero...if add the 59 k to what they say i spent on snh equals out....anyway hope im wrong transact ed a lot yesterday...too bizzare but usually have close grip on my finances share pri es etc....think the 59000 will be Added to my snh spend and sadly average price will be what i think...boo hoo

 

Hi Jet,

 

Are you checking on your FNB phone app, or online via computer?

I've noticed that the cellphone app always has a delay of a couple of days, not showing the latest amount and value of my shares.

When logging in online however the amounts are updated immediately.

 

Check online via website for interest sake.

If also wrong it's obviously a different issue.


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#13018 Ms Jet

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Posted 21 September 2018 - 03:16 PM

Im absolutely convinced fnb made stuff up...my cost per share sitting at 2.58..just rang again..my balance which they said isnt showing till weds i sold other shares value 59000..they say will show weds i think my snh price about 3.04 and balance in account zero...if add the 59 k to what they say i spent on snh equals out....anyway hope im wrong transact ed a lot yesterday...too bizzare but usually have close grip on my finances share pri es etc....think the 59000 will be Added to my snh spend and sadly average price will be what i think...boo hoo 😂
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#13019 Lionelza1

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Posted 21 September 2018 - 02:55 PM

Has anybody here read careful yesterdays presentation? Apart from Mattress Firm which is still working on its turnaround (my take they will have to convert to a Conforama type of store) the other divisions are doing great, PEPCO expanding a good pace, Poundland buying out stores from Poundworld not to mention the great idea of the store in a store so why all the negativity? Further I am still convinced Jooste did nothing illegal because if he did he must be the dumbest CEO in the world that would lie deliberately under oath. My question so why would a business that has a turnover of 18 bil euros with good management is now a dangerous share compared with WHL, MTN etc.?


Is why I really could not understand why it dropped!

But nah... Babbas friend knew what he was doing
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#13020 Lionelza1

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Posted 21 September 2018 - 02:51 PM

I think Polly is in tahiti sipping on martinis and shorting this share haha.

Was it compulsory for snh to issue sens notifing on that lenders meeting?
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