15225 replies to this topic

[Ms Jet]

Theu will issue sens...but doubt no leaks if people there in am and pm sessions....you know people and their mouths

[Lionelza1]

As meeting all day news should start filtering through before sens...

Hhmm... Don't think there would be sens issue.... Its just a lenders meeting?

[JK001]

Steinhoff International (WKN: A14XB9) continues to experience a severe crisis and one would think that it is going downhill everywhere. But some of the operative daughters have a completely different picture. In particular, Pepco Europe is growing faster than you can watch. But still dominate the challenges.

 

https://www.focus.de...id_9618865.html

 

Disclaimmer - Not sure how true

 

Translation using google:

 

"Steinhoff International (WKN: A14XB9) continues to experience a severe crisis and one would think that it is going downhill everywhere. But some of the operative daughters have a completely different picture. In particular, Pepco Europe is growing faster than you can watch. But still dominate the challenges.

From the Polish base, Pepco Europe has been expanding at a fast pace for years. In the home market alone, 20 new stores are opening these days. In many cities there are already several branches. Added to this is internationalization. As a result of the market entry in Croatia, Slovenia and the Baltic States, the presence has now grown to ten countries and a total of 1,464 points of sale.

 

Recently, the first two shops in Estonia were inaugurated. By the summer of 2019 it should be ten. Pepco is currently opening a new location every working day and keeping the pace high. This is an impressive rhythm, otherwise known only from Aldi and Lidl.

What will happen?

The question now is what this means for the holding company. This now has a good two and a half years to stabilize. That means reducing the debt and generating sustainable operating profits that can at least cover the credit service. If Pepco manages to increase its profitably to around 2,000 branches, it would be a good basis.

The division in the financial reports under General Merchandise Europe, including the even larger British sister company Poundland, already generates sales of around € 3 billion. In 2021 it could be almost 5 billion, if the trend continues. This would of course also go up at Poundland again, and on this front, it does not look so bad.

The strategy is quite clear, to promote the integration of the two areas across borders, even beyond the common distribution of low-cost fashion. In the future, for example, Poundland and Dealz stores will increasingly sell products for up to GBP 7 (equivalent to EUR 8). The increasingly overlapping pan-European product ranges should inspire the business.

The lenders are obviously taking this course and I'm wondering if they just want to make the daughter pretty, and then sell it to the highest bidder in maybe two years. Or should the area remain an important pillar of the Group after 2021? It probably depends on the achievable price. In both cases, Pepco is a trump card for Steinhoff, but his eyes are currently more on other topics.

 

At Conforama, which generates almost two-thirds of its sales in France, things are not going well. Although there is a lot of effort being made to modernize the business, including a new Artificial Intelligence based marketing campaign. But it takes time for it to bear fruit - if at all, because the market environment remains difficult. Local competitors such as the CECONOMY (WKN: 725750) FNAC Darty (WKN: A1T95K) or Carrefour (WKN: 852362) also do not report satisfactory earnings.

Slightly more optimism reigns at Mattress Firm, where the situation is critical. The Americans seem to be making good progress with the restructuring measures and are on the way up. Many unprofitable locations are closed, but also remaining promising gaps in the distribution network are consistently filled. If sustained stabilization succeeds, this would be an important signal to all investors and investors. As early as September 20, the Steinhoff management will receive creditors in London to report in detail on the progress made by the holding company.

As of March, net debt was still over 9 billion euros. In the meantime, various smaller and larger areas have been liquidated again and it will be interesting to receive new information on whether and to what extent it has been possible to repay some of the loans. The better it looks on the shadow side, the sooner the focus can shift to the light side. Then it will be interesting.

 

Disclaimer: Ralf Anders owns shares of Steinhoff International. The Motley Fool does not own any of the stocks mentioned."

[MrGermanGuy]

http://www.furniture...-mattress-firm/
27th August
Mattress Firm

[Ms Jet]

As meeting all day news should start filtering through before sens...

[leo]

Big day tomorrow. One open and one closed session

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Ms Jet]

Bingo..got the rest 😁 2.76

[Ms Jet]

Awesome leo 😁....cleaned out my share account otherwise id buy more..

[Ms Jet]

Posted at same time...

[Ms Jet]

Im making prediction 3.35 or above tommorrow or by end sep...could well be wrong...but....at 20 October above 3.70....any opinions?

[leo]

Steinhoff International (WKN: A14XB9) continues to experience a severe crisis and one would think that it is going downhill everywhere. But some of the operative daughters have a completely different picture. In particular, Pepco Europe is growing faster than you can watch. But still dominate the challenges.

 

https://www.focus.de...id_9618865.html

 

Disclaimmer - Not sure how true

[Lionelza1]

The Florida by roodepoort?

Jussis lolol

[Ms Jet]

No hurricane florida...still inpatiently waiting for my last 2.76 buy....maybe cup tea and biscuit will help

[LarryK]

😂 shes in Florida....im setting my 3rd buy today buy more at 2.76...having mad day...must be making up for missing my target 3 x....

The Florida by roodepoort?

[Lionelza1]

😂 shes in Florida....im setting my 3rd buy today buy more at 2.76...having mad day...must be making up for missing my target 3 x....

LOL calm down... Go smoke a joint

[Ms Jet]

😂 shes in Florida....im setting my 3rd buy today buy more at 2.76...having mad day...must be making up for missing my target 3 x....

[Lionelza1]

There’s going to be strong resistance between R2,80-R3,10 so we need high demand to push through. Some good news might help.
We might see a new group of buyers come in over this barrier. (Like Polly )

Also, does the cipc approval mean institutional investors may buy again?
Could this have contributed to the high volumes on Monday?

 

Polly has been quiet since the legalization of dagga so maybe she busy rolling joints and smokng, after gonna buy snh shares

[MrGermanGuy]

Important for shorting positions
https://www.sharenet...0&seq=22&scode=
Good for SNH in the future, more visibility

[Ms Jet]

Thats what id like know when institutions can buy..i think only after the pwc report everyone sure its solvent....maybe polly secretly getting a stash 😂 doubt it 😁...the most i think it ever jumped in day was 295 to 356 i think..

[LarryK]

There’s going to be strong resistance between R2,80-R3,10 so we need high demand to push through. Some good news might help.
We might see a new group of buyers come in over this barrier. (Like Polly 😂)

Also, does the cipc approval mean institutional investors may buy again?
Could this have contributed to the high volumes on Monday?