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#13981 Chris101

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Posted 03 September 2018 - 08:19 AM

Also read it this morning

That is as good reason as any to stay Long.

Question still stays what is NAV?

Or questimat NAV?

Maybe some of our learned friend can enlighten us on that?


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#13982 LarryK

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Posted 03 September 2018 - 07:56 AM

https://seekingalpha...comes-next?dr=1
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#13983 LarryK

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Posted 02 September 2018 - 02:49 PM

The feeling you got in your balls helped me once, so let's hope it works again.

Im also gona hold on..


I’m going to hold too
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#13984 Rex

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Posted 02 September 2018 - 02:12 PM

Not exiting just yet..... For whatever reason the feeling in the balls is comming back again.... Anticipating a good week ahead, but we got Babbas friend on Wed so not sure why but I'm gonna put it to the test :D


The feeling you got in your balls helped me once, so let's hope it works again.

Im also gona hold on..
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#13985 Lionelza1

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Posted 02 September 2018 - 01:36 PM

Exit now if you trading as this share has an up and a sudden down.. All the way until new news breaks.. I am in for long haul..... Can't time the market... Exit with your profit... Try to buy low and sell high... However this is quite unpredictable.
I would wxxpect this share to lose more ground this week as has Done in the past... But for some reason I expect the buyers to soon outnumber sellers....sales values Flippin reassuring.... With all the distraction... I spent past 48 hours searching for a note on MF seems money web copy cat article on MF demise has not drawn any new comments.... Pepkor 35 percent increase in sales.... Conforama new store opening....
Major upside on this share.

So downside... Ebitda will still take a knock due to once of costs and drop in margins to push sales....
Legal cases shadow... Perhaps the 26 sept ruling in Germany allowing a delay in proceedings following pwc report may spur some energy in this share yet.... Finalisation of restructuring deal following lockup will definately be a 50% kick...

Really hope to read some good journalism right now.... Especially from money web... Who so glibly copied the us articles....



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Not exiting just yet..... For whatever reason the feeling in the balls is comming back again.... Anticipating a good week ahead, but we got Babbas friend on Wed so not sure why but I'm gonna put it to the test :D
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#13986 Ms Jet

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Posted 02 September 2018 - 01:02 PM

Anyone know what NAV is now?
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#13987 Ms Jet

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Posted 02 September 2018 - 01:01 PM

Anyone know what NAV is now?
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#13988 Ms Jet

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Posted 02 September 2018 - 12:55 PM

Ps i think moneyweb articles parhetic...all of them..a 12 year old vould fo better:)
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#13989 Ms Jet

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Posted 02 September 2018 - 12:54 PM

Hi IN. Ive also thought of lobg haul..and my average price 3.20 so quite high..recently not sure which way to go but i still cant believe this share only at 2.80...even due to magnitude of what stn owns...i always thought wait to 9..i think if anyone indicates what lowedt lows could be may buy more and get my price down...im trying not over look at this as don't with other shares i have and would drive you nuts....surely if mf sold this will be very positive? Anyway...
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#13990 Ms Jet

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Posted 02 September 2018 - 12:54 PM

Hi IN. Ive also thought of lobg haul..and my average price 3.20 so quite high..recently not sure which way to go but i still cant believe this share only at 2.80...even due to magnitude of what stn owns...i always thought wait to 9..i think if anyone indicates what lowedt lows could be may buy more and get my price down...im trying not over look at this as don't with other shares i have and would drive you nuts....surely if mf sold this will be very positive? Anyway...
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#13991 Investment novice

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Posted 02 September 2018 - 12:40 PM

Exit now if you trading as this share has an up and a sudden down.. All the way until new news breaks.. I am in for long haul..... Can't time the market... Exit with your profit... Try to buy low and sell high... However this is quite unpredictable.
I would wxxpect this share to lose more ground this week as has Done in the past... But for some reason I expect the buyers to soon outnumber sellers....sales values Flippin reassuring.... With all the distraction... I spent past 48 hours searching for a note on MF seems money web copy cat article on MF demise has not drawn any new comments.... Pepkor 35 percent increase in sales.... Conforama new store opening....
Major upside on this share.

So downside... Ebitda will still take a knock due to once of costs and drop in margins to push sales....
Legal cases shadow... Perhaps the 26 sept ruling in Germany allowing a delay in proceedings following pwc report may spur some energy in this share yet.... Finalisation of restructuring deal following lockup will definately be a 50% kick...

Really hope to read some good journalism right now.... Especially from money web... Who so glibly copied the us articles....



Sent from my SM-G950F using Sharenet Sharechat mobile app
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#13992 Lionelza1

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Posted 02 September 2018 - 11:04 AM

They still getting solid salaries, and their buddies at PWC a carte blanche contract...incentive to delay...

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Yea... I'm Taking Polly's advice on this one not to go against Mr. Market... That Friday resistance was way too strong and I feel the market gonna keep punishing this share until snh wakes up.
My hopes of doubling is fading like a flower so I'm changing my game plan on this kak share haha...
I still feel it's undervalued tho but snh needs to wake the **** up!
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#13993 Bubble

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Posted 02 September 2018 - 10:39 AM

They still getting solid salaries, and their buddies at PWC a carte blanche contract...incentive to delay...

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#13994 Lionelza1

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Posted 02 September 2018 - 10:27 AM

IMO, another reason for unhappiness on Friday is that Revenue was seriously overstated compared to the same report in Aug 2017.

Aug 17 - EUR 14.9billion (8% gain) MJ at the helm

Aug 18 - EUR 12.9billion (2% gain) reality at the helm

Just shows the extend of the F-up.


Given the issue at hand they seriously need to provide audited results..and it's easier to do so with quarterly results. ... So why didn't they do that? For all we know they cudve thumb sucked that 2%.
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#13995 Bubble

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Posted 02 September 2018 - 08:02 AM

IMO, another reason for unhappiness on Friday is that Revenue was seriously overstated compared to the same report in Aug 2017.

 

Aug 17 - EUR 14.9billion (8% gain) MJ at the helm

 

Aug 18 - EUR 12.9billion (2% gain) reality at the helm

 

Just shows the extend of the F-up.


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#13996 LarryK

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Posted 01 September 2018 - 06:40 PM

Did steinhoff report 2% growth or I am drunk? 😁
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#13997 Lionelza1

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Posted 01 September 2018 - 12:57 PM

Parli gain is due to du Preez confirming that debt holder will not allow SNH to sell assets at losses. Hence the bonds gaining.

Litigation is the issue. CW must be called out for knowing what went on, he did, I am convinced of this. When/if this happens his claim will disappear and VEB has a new target with deep pockets.

But, S-mafia is protecting the Don.

It will need the public/shareholders to call them out, SA regulators/hawks are only good at taking a long lunch with a nap in the afternoon.

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Thanks for the insight

Litigation is a long process, markets shouldn't take this into consideration for now right?

Hawks r pretty useless... They probably gonna spend our money to employ others to do their work.
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#13998 Bubble

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Posted 01 September 2018 - 11:44 AM

Parli gain is due to du Preez confirming that debt holder will not allow SNH to sell assets at losses. Hence the bonds gaining.

Litigation is the issue. CW must be called out for knowing what went on, he did, I am convinced of this. When/if this happens his claim will disappear and VEB has a new target with deep pockets.

But, S-mafia is protecting the Don.

It will need the public/shareholders to call them out, SA regulators/hawks are only good at taking a long lunch with a nap in the afternoon.

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#13999 Lionelza1

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Posted 01 September 2018 - 10:54 AM

We've seen very good gains with creditors agreement R3.80, then a long slow painfull drop R1.80.

It picked up (briefly) with anticipation of hemisphere agreement, R2.30 (high of R2.50), but that did not materliaze...then it steadied around R2.20

We then saw a good rally, 30% up in just 1 day with snh in parli,R2.80 (high of R3.00),  why did the markets like it? Ms. Sonn was weak?, Mr La Grange gave good insight of what possibly went wrong?...for whatever reason the market liked it. resistance at R3.00.

 

Q3 results and extremely strong resistance at R3.00 (high of R3.10), we also saw resistance at R2.50 for the low.

 

Next week would be great if Hemisphere agreement is succesfull and that should come out on monday, could this see breach of R3.00? (looking good to me). if its another amemdment it's going to be boring and possibly drop steadily below the R2.50?

 

Then we have Babbas friend on wed in parli....and how the markets gonna react to that will be interesting.

 

What i liked on friday was the resistance at R2.50.....what i hated was that damn strong resistance at R3.00

 

 

What's good to note is the increase in the lows at closing....should this trend continue we should see new highs  :D and if it goes south, im jumping ship coz im tired of this kak  :blink:

 


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#14000 Ms Jet

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Posted 01 September 2018 - 07:33 AM

Morning. Anyone have any ideas of highs and lows for next week? Looks like yesterday bit blah for long term investment...maybe better trading..may have rethink...help??,
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