15225 replies to this topic

[Polly]

Oh yeah , Woolies with one acquisition joined that list!!! and so did Blu and Famous brands

 

 

Whos next?

 

How about Pepkor going down to R10.00.

[Polly]

Oh yeah , Woolies with one acquisition joined that list!!! and so did Blu and Famous brands

 

 

Whos next?

Edited by Polly, 13 September 2018 - 02:12 PM.

[Polly]

When the **** hit the fan on Steinhoff, i told my buddy the next share will be APN!!!! Took some time but there you are..

[Polly]

Nothing further negative has happened with steinhoff...eveeything has been positive post december....

beauty part every positive news has seen the share dive.....every sens issued, priced went down...

 

Mr market has upped his game on these acquisitions stocks

[Polly]

And mtn

Sent from my SM-G935F using Sharenet Sharechat mobile app

well these 3 were growth by acquisitions...not so much MTN!!

 

MTN more a regulatory issue

[Ms Jet]

Nothing further negative has happened with steinhoff...eveeything has been positive post december....

[leo]

First EOH....then SNH..and now APN...

tells a story hay

And mtn

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Polly]

First EOH....then SNH..and now APN...

 

tells a story hay

Edited by Polly, 13 September 2018 - 01:54 PM.

[Ms Jet]

Yes i saw that but would imagine hes for while group..not just for selling mf and doing chapter 11...i hope not ....

[MrGermanGuy]

He solved the Ahold crisis, a Dutch guy
Steinhoff - CRO Appointment Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group")

Further to Company's announcement on 4 January 2018, the Company is pleased to announce the appointment of Richard Heis as Chief Restructuring Officer for the Group.

Richard was previously Global Head of restructuring at KPMG (based in London) and has some 25 years' experience of restructuring complex and international groups.

Ms. Heather Sonn, acting chairperson of the Company, said that "We are delighted that Richard has agreed to join the Group at this critical time and we are sure that his expertise and experience will bring significant benefit to the Group as Steinhoff develops a plan to address the Group's financial indebtedness."

Stellenbosch, 15 February 2018

[Ms Jet]

But wasnt restructuring staff gor grouo and not specifically mf....? Just trying get better overview

[MrGermanGuy]

Future of MF is wide open,..
Could become negative if restructuring fails or positive if figures show positive development.
If chapter 11 gets filled and no fire sale follows , I think we should hear something to this plans in coming week, this will not happen without communication to the market. But why did hired restructuring specialists
in the last months if not even for the future... in the pocket of the holding are still hundreds of small company’s which could be sold if a price is marketable...

[Polly]

Any views on implications on overall share price if matress firm files for chapter 11

House of cards is Steinhoff.....domino effect

[Ms Jet]

Any views on implications on overall share price if matress firm files for chapter 11

[Ms Jet]

Yes but remember if steinhoff do this with matress firm this is only part steinhoff that was loosing anyway...rest stn will carryon as normal..wirh kodak was whole company

[LarryK]

https://eu.usatoday....evoked/2126149/

I see their share price went down to 24c and is at usd2,90 now.
Still way off ath of usd24

[MrGermanGuy]

https://eu.usatoday....evoked/2126149/

[Ms Jet]

Anyone know examples of us companies that filed chapter 11 and still trading on stock market...id like see prior trading amount. drop and then rebound

[Ms Jet]

When market hears word backrupcy even though chapter 11...shares going drop radically...lot people dont know different ways file bancrupcy and itll have dramatic drop until settles i think

[MrGermanGuy]

Chapter 11 and restart for Mattress?...
Would be a way to reduce cost in a very short time, otherwise it will have high impact to close the unnecessary shops..... my guess