15225 replies to this topic

[LarryK]

A 5 million share purchase closing trade

[Spell Jammer]

Sometimes I reflect on my posts and wonder if I smoke stuff... But the truth is that the fundamentals are sound and the business model is clever. Management are working hard to salvage value.... This means. A lot... And this justifies my own ongoing investment. Will hold until next Feb and then review my portfolio weightings thereafter.... ....

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 This statement was very concerning. What is the extent of this rot. 

 

"Firstly, profits were inflated. The main source of inflated profits was from what he was led to believe was an external buying group, which payed additional rebates to operating entities, which recorded a profit. “The buying group appears to be nonexistent and funded by loans from Steinhoff,” he said. These contributions flowed into all divisions, with the bulk being in Europe."

[Investment novice]

Sometimes I reflect on my posts and wonder if I smoke stuff... But the truth is that the fundamentals are sound and the business model is clever. Management are working hard to salvage value.... This means. A lot... And this justifies my own ongoing investment. Will hold until next Feb and then review my portfolio weightings thereafter.... ....

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[Spell Jammer]

Well done to the guys who got in at the R1.90's on this, im  green with envy. You are reaping the rewards of your bravery now, i chickened out. Should have thrown caution to the wind here today when i was debating at getting in when it was up 7% I don't understand why the share is up in light of some of the concerning statements made today regarding the debt and dilution which may erode the share price, but all i know is that I would be frigging happy at the volumes Lionel is talking about  .  

[Lionelza1]

i sat on my hands and did not sell hahaha am all in for Friday....

 

good close guys! they should have this parli session weekly haha!

 

it was comforting specially when Mr. La Grange gave testimony....Ms Sonn i felt held back too much and cudve done better, but her commitment sounded strong, all in all snh is in kak but  sounds positive for now

[Lionelza1]

Wud be lekka for 2morrow if close over R3

[Ms Jet]

Haha IN and polly could be shes.. or very eloquent

[LarryK]

A lot of profit taking on the R3

Jip some resistance

[Lionelza1]

A lot of profit taking on the R3

[Rex]

I sold all my other portfolios hehe...for SNH

 

Putting all your eggs in one basket I burnt myself badly with Arcelormittal recently like that.

 

Let's hope this one goes well

[Motivated]

I sold PEKOR for a loss of R1500 but i joust made that up now hehe

I sold all my other portfolios hehe...for SNH

[Rex]

Just hoping there are no major dips until Friday

[LarryK]

Sonn clearly stated pepkor is a strong asset . They not looking at disposing of assets . And they need Assets like that to continue generating cash . Friday will reflect this in my opinion , they need a win

This share in evidently an emotional one ... My plan sell on Friday... wait for jooste he will bring the share price down .. buy ... wait till Dec ...


Pray.

Anyone vested in Aveng? Looking at drawing some profits and dumping it in there ..

Sonn said they are looking into the future and fighting.
They need cash generating companies.
I believe Friday should be positive

[LarryK]

LOL the experts r doing what they do best... Comment at the right time after they analyze things

Me I'm just friggen xcited right now... Can tell from all my responses haha

😁😁😁

[realkingkam]

Sonn clearly stated pepkor is a strong asset . They not looking at disposing of assets . And they need Assets like that to continue generating cash . Friday will reflect this in my opinion , they need a win

This share in evidently an emotional one ... My plan sell on Friday... wait for jooste he will bring the share price down .. buy ... wait till Dec ...

Pray.

Anyone vested in Aveng? Looking at drawing some profits and dumping it in there ..

[Lionelza1]

10cents to go yooohhhhh :D

[Lionelza1]

I sold PEKOR for a loss of R1500 but i joust made that up now hehe

Great stuff .... Just believe and Friday cud swing further in our favour.... But I also seen how fast gains can be lost in this share eish

[Lionelza1]

Polly/In/snippit your thoughts?

LOL the experts r doing what they do best... Comment at the right time after they analyze things

Me I'm just friggen xcited right now... Can tell from all my responses haha

[Motivated]

LOL good for you

I sold PEKOR for a loss of R1500 but i joust made that up now hehe

[Lionelza1]

From what I have read and from what I heard today there is no way they letting this stock go to **** .. they going to fight tooth and nail to re cover as much as possible .. Audit companies have the whole company at there disposal- they are preparing to throw a few under the bus which will bring investor confidence back ... I'm a complete novice when it comes to investing this is the only share in my portfolio and i am heavily vested in it ... fmi firmly believe money's can be doubled if not tripled by the new year ...

Actually bought in at 2.30 after reading lional is sitting 2bar deep hahaha figured what my wife does to me will never be as bad as what his wife will do to him .. Lol

LOL u don't know...its the terms and conditions I was given with that transaction.... Even if I make 40% she still got me fckd