15225 replies to this topic

[DayTraderDad]

Sold half for 287 and bought more at 279, some quick moneys

Haha join the club just got back in at R2.80

[Rex]

Sold half for 287 and bought more at 279, some quick moneys

[Lionelza1]

This Mr Market is like my dog when I bath it... Friggen trust issues eish

[Ms Jet]

Im with you on 9.50 plus...ive always said 9.50 to 12..

[DayTraderDad]

The presentation: http://www.steinhoff..._Public VFF.pdf

[DayTraderDad]

R2. 52? Man that's low...

Im still up on avg and now got 3candles burning so hanging in there for now

For me SNH target is at least R9.50 (depending on exchange rate) but in the short term it will run up pull back then up again until we get the full story on the restructuring and the PwC report.

[DayTraderDad]

FRA?........look into the volume............
The only really important once’s are Xetra and JSE

Thats what I meant: Steinhoff International Holdings N.V. (SNH.DE)  - XETRA Delayed Price can be obtained in Yahoo Finance

[Ms Jet]

Today is am and afternoon meetings when info released could go up..

[Investment novice]

FRA?........look into the volume............
The only really important once’s are Xetra and JSE

Currently SA is setting price... Fra is a deflator... However with good news Fra pushes volume and pumps and drives price. I expect post pwc Fra will be a major pumper with European interest coming in.
With restructuring.. Fra will cause the double digit 30-50% pump...
Look back at Lonmin in 2016...classic case with the ftse being a major pumper

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[Lionelza1]

Well this is SNH we talking about so yes I think it is overbought needs to close a gap on the hourly chart at R2.52 so do expect a pull back.

R2. 52? Man that's low...

Im still up on avg and now got 3candles burning so hanging in there for now

[Ms Jet]

Hang in their Lionel...itll go over 3 when i don't know but dont sell yourself short

[MrGermanGuy]

FRA?........look into the volume............
The only really important once’s are Xetra and JSE

[DayTraderDad]

I cant do anything as average 3.07....boo hoo....why is rand euto affecting jse buying and selling?

I think SNH price is determined in Frankfurt so if you watch the price and apply the exchange rate you get the JSE price.

[Lionelza1]

Mamma Mia I'm getting pomped

[Ms Jet]

I cant do anything as average 3.07....boo hoo....why is rand euto affecting jse buying and selling?

[DayTraderDad]

Got out?... **** I got in.... U mean it's gonna drop?

Well this is SNH we talking about so yes I think it is overbought needs to close a gap on the hourly chart at R2.52 so do expect a pull back.

[DayTraderDad]

Americo any crystal ball readings on high today?? Anyone?

Jet you also need to watch the Rand Euro exchange rate.

[Lionelza1]

Yes I got out at R2.90 waiting to buy back later today. SNH is a great ATM!

Got out?... **** I got in.... U mean it's gonna drop?

[DayTraderDad]

Pumped again at 2.85...hoping not to get pomped eish

Yes I got out at R2.90 waiting to buy back later today. SNH is a great ATM!

[Lionelza1]

Pumped again at 2.85...hoping not to get pomped eish

Edited by Lionelza1, 20 September 2018 - 09:44 AM.