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#14301 Investment novice

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Posted 22 August 2018 - 10:05 AM

Very interesting read if anyone feels like it. PWC values SNH above R9 a share.

Really hope Dec can come so that the report can be released... this is agony.


Pls can you share link to pwc valuation

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#14302 Lionelza1

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Posted 22 August 2018 - 09:12 AM

There’s an article on another where the share value is estimated at R20.
The reality is the market factors in risk and our current price is what it is even though there’s been a lot of good news recently. So while I hope the q results will help, I can’t see this making that much difference. Hopefully to over R5, where I’ll be happy to sell

jtsuch mentioned "Most Investment firms had it wrong before December's "bolt from the blue", and many will also now be guided by their emotion/opinion."....my gamble is for the emotional/opiniated trade to take this share price up to a point where my money is close to doubled.....i'll dump all and thank you very much snh...if it swings the other direction then eish


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#14303 Lionelza1

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Posted 22 August 2018 - 07:21 AM

 

His name is Tobias Krieg, your Google Translate changed the surname.

He does exist and is an online broker for the Lynx website from where the article is.

His profile as follows:

https://www.godmode-...ias-krieg,51915

 

It is helpful to see positive opinions, such as his.

History has shown us however that no-one can "predict" what this share will do.

Most Investment firms had it wrong before December's "bolt from the blue", and many will also now be guided by their emotion/opinion.

 

The R9, or 58cents EUR, that is referred originates from the Steinhoff half-year report already released in June.

Page 59 states the following:

 

"The NAV of the Group decreased from €2.8 billion at

30 September 2017 to €2.4 billion at 31 March 2018, which resulted in a decrease in the NAV per share from 64 cents to 58 cents per share."

 

Thanks for the info jtsuch, i read up his profile......snh does not have financials that is audited so those figures are B.S.

interesting if you go onto snh website they have annual report 2016, when u open it, it shows top of page 1 in red "information can no longer be relied on"

 

Snh is a big player with big money, there will be some truth to PwC report and more than likely bribes being payed not to publish the whole truth (opinion). JSE fining snh is a "clean" way of taking a bribe, to have a company listed on the stock exchange without audited financials? and JSE's story of waiting on Frankfurt is hogwash.

 

For sure we need positive opinions but not BS.....i have invested heavily on this share coz i feel its a risk worth taking (for me)

 

Anywayz im positive and hopeful but also weary.....today im just hoping that captain finds first gear!  :D


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#14304 LarryK

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Posted 22 August 2018 - 07:11 AM

There’s an article on another where the share value is estimated at R20.
The reality is the market factors in risk and our current price is what it is even though there’s been a lot of good news recently. So while I hope the q results will help, I can’t see this making that much difference. Hopefully to over R5, where I’ll be happy to sell
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#14305 Matrix

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Posted 22 August 2018 - 06:57 AM

That guy (Tobias war???) is either incredibly brave...or incredibly stupid....if he even exists!

 

His name is Tobias Krieg, your Google Translate changed the surname.

He does exist and is an online broker for the Lynx website from where the article is.

His profile as follows:

https://www.godmode-...ias-krieg,51915

 

It is helpful to see positive opinions, such as his.

History has shown us however that no-one can "predict" what this share will do.

Most Investment firms had it wrong before December's "bolt from the blue", and many will also now be guided by their emotion/opinion.

 

The R9, or 58cents EUR, that is referred originates from the Steinhoff half-year report already released in June.

Page 59 states the following:

 

"The NAV of the Group decreased from €2.8 billion at

30 September 2017 to €2.4 billion at 31 March 2018, which resulted in a decrease in the NAV per share from 64 cents to 58 cents per share."


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#14306 Lionelza1

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Posted 22 August 2018 - 06:30 AM

Sorry... the stupid Sharenet app is driving me nuts.

 

https://www.lynxbrok...er-wieder-los/?

That guy (Tobias war???) is either incredibly brave...or incredibly stupid....if he even exists!


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#14307 Ms Jet

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Posted 21 August 2018 - 09:39 PM

Oh wow....nice
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#14308 Ram85

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Posted 21 August 2018 - 09:32 PM

Sorry... the stupid Sharenet app is driving me nuts.

 

https://www.lynxbrok...er-wieder-los/?


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#14309 Ms Jet

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Posted 21 August 2018 - 09:24 PM

Can you send link
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#14310 Ram85

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Posted 21 August 2018 - 09:23 PM

Very interesting read if anyone feels like it. PWC values SNH above R9 a share. 

 

Really hope Dec can come so that the report can be released... this is agony.


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#14311 Lionelza1

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Posted 21 August 2018 - 07:55 PM

I doubt what he says will impact hugely on the share price... Damage has been done. The more serious info will be that PwC report.... There I'm definitely dumping 50%

But ya... Risk risk risk....
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#14312 Ms Jet

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Posted 21 August 2018 - 07:47 PM

Cool..im.optimistic even long hall but going be a very bouncy flight..like the tide it goes in and out and as long as you remember coming in again and wait ok..who knows could be a tsunami..
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#14313 Investment novice

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Posted 21 August 2018 - 07:44 PM

No comments on Pepkor trading update... At least its in positive territory even with the declining Rand.....
Store opening are positive that driving growth... Same strategy for all in snh stable. Except for mf where it's store optimization.
Keen to see trading update next week... Especially when compared to the true 2017 period..... May actually see growth..... Against back drop of fraudulent corrected 2017 results...
With this trading update they don't usually disclose all the additional cost for legal etc... So may be a good update....


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#14314 Ms Jet

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Posted 21 August 2018 - 07:37 PM

Im going set a sale price daily thats satisfactory for me..if sells pulling out humongous amount money i have in pn a mad whim...and will gamble with profit..then no loss to me..all my other shares seriously sensible...yawn
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#14315 Lionelza1

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Posted 21 August 2018 - 07:27 PM

That dude must go to jail.... Sit next to zooma
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#14316 Lionelza1

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Posted 21 August 2018 - 07:24 PM

Parliament to order former Steinhoff CEO Markus Jooste to testify
Parliament to order former Steinhoff CEO Markus Jooste to testify

https://www.fin24.co...stify-20180821?

shared via @Fin24
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#14317 Ms Jet

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Posted 21 August 2018 - 05:29 PM

Snippit..let me in on a snippit...which charts for eg today did you look at to predict parameters
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#14318 Ms Jet

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Posted 21 August 2018 - 04:04 PM

http://www.sharenet....eq=46&scode=PPH
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#14319 Ms Jet

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Posted 21 August 2018 - 04:02 PM

What is it with snh and Fridays..always deadlines fridats! This out now..re pepkor...http://www.sharenet....eq=47&scode=SNH
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#14320 Lionelza1

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Posted 21 August 2018 - 02:43 PM

Eish this Cpt struggling to find 1st gear on this ship..... Hope he don't gooi it in reverse
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