Jump to content


Photo
* * * * - 7 votes

Steinhoff


  • Please log in to reply
15225 replies to this topic

#13621 woolhoff

woolhoff

    Member

  • Members
  • PipPip
  • 126 posts

Posted 09 September 2018 - 10:45 PM

I think Snippits chart says low R2. 25 then it seems like it would develop.... His previous chart said zilcho.....which is Pollys big fat ZERO lol.


So if the previous chart said 0 and didnt materialise, whats to say R2.25 is an accurate predictor?
  • 0

#13622 Investment novice

Investment novice

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,043 posts

Posted 09 September 2018 - 07:59 PM

March statement that needs refreshing

Sent from my SM-G950F using Sharenet Sharechat mobile app
  • 0

#13623 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 07:23 PM

IN 20 October decision am i correct? And 20 sep lender meeting
  • 0

#13624 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 07:21 PM

Thanks IN...that statement made in march ?
  • 0

#13625 Investment novice

Investment novice

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,043 posts

Posted 09 September 2018 - 07:15 PM


VEB: Deloitte will most likely pay for Steinhoff

 09:21 25/03/2018  Dewald Van Rensburg





Auditing firm Deloitte would be the most likely source of funds to compensate Steinhoff shareholders in the class action gathering steam in the Netherlands.
“I think the auditor is possible for funds. Then insurers, then the banks,” said Paul Coenen, in-house attorney of VEB, the Dutch nonprofit organisation that has launched the class action.

Just a refresher...... For those that were not aware
Sent from my SM-G950F using Sharenet Sharechat mobile app
  • 0

#13626 Investment novice

Investment novice

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,043 posts

Posted 09 September 2018 - 06:54 PM

I am waiting for the price to dip with the silence and will try to get some just before the 20th when german court should give an indication on whether court proceedings can progress... May get a massive dump on the go ahead and will try to pick up some then as well.
Did not get my share purchase earlier in the week. Will keep funds to pickup.
Big legal team, good preparation should keep Markus Jooste safe

Much of the questioning in parliament revolved around an SMS Jooste sent to colleagues in which he admitted to "big mistakes

Expect german court to delay proceedings to wait for information from pwc.... As snh deferring blame.....

If you can't demonstrate fraud... Or going to spend years just with Markus... How would the shareholders demonstrate fraud with snh..... Many many many many many court cases....

See Tesco as a case study... Small settlement for adr and nil for shareholders... 3 years in already...




Sent from my SM-G950F using Sharenet Sharechat mobile app
  • 1

#13627 Trader001

Trader001

    Member

  • Members
  • PipPip
  • 143 posts
  • LocationJohannesburg

Posted 09 September 2018 - 06:48 PM

Every Monday morning we all think....today is gonna be the day that we will see this share reaching new highs just to see average or below performance and it steadily dropping as we approach the dreaded Fridays. 

 

To me it looks like the statements made  by Mr Jooste, especially about his wrong selection of that  Austrian partner, only hit home a bit later and it seems that  the share price was punished for that???

Lets hope Monday 10/9 will be a new dawn on the share price. We want it to move up and close on a new high every day!!! 


  • 0

#13628 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 05:58 PM

When pwc and q 4 report comes out end dec unless steinhoff bust thats when youll see the big increases and hard buy in again cheap...im hoing hold through that as lenders have a very good inkling of debt allready as wouldn't signed 3 year agreement without being pretty sure....thes are huge institutes and lot cross checking before they agreed hence the delays...
  • 1

#13629 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,987 posts

Posted 09 September 2018 - 04:54 PM

Your call but i wouldn't put in as much this time...was shocked when you said amount you held ....im in heavy but mama mia...!!

not doing it again was a stupid move, i think opportunity has passed for the double up.........there's a heart beat on this share....lets see where it goes....i would'nt wanna be in by dec tho.....gonna be a hit and run......2mnths tops


  • 0

#13630 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 03:52 PM

Your call but i wouldn't put in as much this time...was shocked when you said amount you held ....im in heavy but mama mia...!!
  • 0

#13631 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,987 posts

Posted 09 September 2018 - 03:00 PM

So are yo8 holding out for 2.25...i should have joined you that afternoon at 1.80...bit it just wasnt sitting right with me that day 😁 we either courageous or bl dy Mad 😂


The feeling was strong on that R1. 80...
Gonna wait and see the resistance on R2. 50 before I come in..... If it does fall below R2. 50 then R2. 25 will be a very good buy but gonna keep some left over incase it drops further which I do not see happening but u never know with Pollys Mr Market
  • 0

#13632 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 01:16 PM

So are yo8 holding out for 2.25...i should have joined you that afternoon at 1.80...bit it just wasnt sitting right with me that day 😁 we either courageous or bl dy Mad 😂
  • 0

#13633 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,987 posts

Posted 09 September 2018 - 01:01 PM

Waitmg snippit clarity on his last post


I think Snippits chart says low R2. 25 then it seems like it would develop.... His previous chart said zilcho.....which is Pollys big fat ZERO lol.
  • 0

#13634 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 10:54 AM

Waitmg snippit clarity on his last post
  • 0

#13635 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 10:53 AM

Im buying more at 2.50
...but will only bring my average to 3 so still a long wait for me...but can see 7 to 12 so clearly...i dont think pwc report going be bankrupt situation and if im correct share will be up and away...
  • 0

#13636 Ms Jet

Ms Jet

    Master

  • Members
  • PipPipPipPipPip
  • 832 posts

Posted 09 September 2018 - 10:53 AM

Im buying more at 2.50
...but will only bring my average to 3 so still a long wait for me...but can see 7 to 12 so clearly...i dont think pwc report going be bankrupt situation and if im correct share will be up and away...
  • 0

#13637 LarryK

LarryK

    Little Master

  • Members
  • PipPipPipPip
  • 568 posts

Posted 09 September 2018 - 10:48 AM

decent resistance at R2.50 on friday..... hard to tell on 1 days trade. if hold strong monday im going in 50% late monday afternoon.
i missed snh so much that i even had a dream bout this share haha....and it looked wow...gonna put it to the test :D


Welcome back aboard me matey
  • 0

#13638 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,987 posts

Posted 09 September 2018 - 09:22 AM

decent resistance at R2.50 on friday..... hard to tell on 1 days trade. if hold strong monday im going in 50% late monday afternoon.

i missed snh so much that i even had a dream bout this share haha....and it looked wow...gonna put it to the test  :D


Edited by Lionelza1, 09 September 2018 - 09:24 AM.

  • 0

#13639 woolhoff

woolhoff

    Member

  • Members
  • PipPip
  • 126 posts

Posted 09 September 2018 - 12:12 AM

.

Edited by woolhoff, 09 September 2018 - 12:13 AM.

  • 0

#13640 woolhoff

woolhoff

    Member

  • Members
  • PipPip
  • 126 posts

Posted 09 September 2018 - 12:11 AM

Chart makes a development that appears somewhat embryonic...
Monday is seldom the best day of the week to trade let alone speculate...
Must be away to the Casino... be back Tuesday maybe...

https://jsecharts.bl...hoff-snh_8.html

snh-15-070918.png


Snippit, kindly translate for us what this chart is suggesting? Always appreciate your input esp on the technical side
  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting