http://www.furniture...cy-near-future/
Lovely article.... But again very poor journalism... Does mattress firm have to claim bankruptcy before it starts to restructure... Renegotiate leases... Etc....
Interestingly I agree with the analyst findings but he is several months late... This was the case... And mf have already started store optimisation... Merchandising strategy... Etc.. Etc.. Etc..
I am looking to see improved Q3 results versus 2017 and feedback on turnaround success... Also awaiting a management buyout.....or if not a management buyout... To hopefully see the cross selling of other snh businesses and brands across US borders......
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7 votes
Steinhoff
Started by
saint1
, Nov 25 2015 04:20 AM
15225 replies to this topic
#14562
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The Oracle
Posted 05 August 2018 - 10:24 AM
Do you want to trade this share...
Expct lots of volatility for this month.. News creates up and down and up again... If you worried about a down.... Save cash and buy at bottom... A gauranteed up will be at the end of 3 months on conclusion of restructuring...
Not sure what parliamentary representations may do to share.... If the case against Markus and friends are strong then snh liability may be limited.... Deloitte may take some renewed pain as they are the checks and balances level....
I am expecting news to drive share price down.. And that create another buy opportunity... However news may also drive share price up.... Either way be weary of sentiment and set aside son funds for pure gamble
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Expct lots of volatility for this month.. News creates up and down and up again... If you worried about a down.... Save cash and buy at bottom... A gauranteed up will be at the end of 3 months on conclusion of restructuring...
Not sure what parliamentary representations may do to share.... If the case against Markus and friends are strong then snh liability may be limited.... Deloitte may take some renewed pain as they are the checks and balances level....
I am expecting news to drive share price down.. And that create another buy opportunity... However news may also drive share price up.... Either way be weary of sentiment and set aside son funds for pure gamble
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#14563
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The Oracle
Posted 04 August 2018 - 09:11 AM
Sorry guys that info off a web not sure if accurate sitting at .16
I don't see anything substantive. No further news. Small volume trades 0.16 close. No excitement...
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#14564
Ms Jet
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Master
Posted 03 August 2018 - 06:20 PM
Sorry guys that info off a web not sure if accurate sitting at .16
#14565
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Master
Posted 03 August 2018 - 06:15 PM
Frankfurt up 8.55 percent from yesterday at mo...
#14566
leo
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Little Master
Posted 03 August 2018 - 05:58 PM
Maybe they going to pull a president land expropriation move. 22:00
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#14567
Ms Jet
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Master
Posted 03 August 2018 - 05:22 PM
Do you think something on hemisphere restructure out Monday...i thought today..
#14569
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The Oracle
Posted 03 August 2018 - 03:58 PM
EDITORāS NOTE
MARC HASENFUSS: Rush to Steinhoff enough to make anyone sick
Punters are so easily lulled into the debt-laden corporationās murky valuation prospect that they will look past indiscretions that put Steinhoff firmly in the dwang
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MARC HASENFUSS: Rush to Steinhoff enough to make anyone sick
Punters are so easily lulled into the debt-laden corporationās murky valuation prospect that they will look past indiscretions that put Steinhoff firmly in the dwang
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#14570
Ms Jet
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Master
Posted 03 August 2018 - 03:11 PM
Off business day..Steinhoff Internationalās share price rose 3.95% to ā¬0.16 in Frankfurt and as much as 4% to R2.50 in Johannesburg on Friday after announcing it was moving the headquarters of its two most indebted units from Austria to the UK.
Steinhoff Europe and Steinhoff Finance, most of whose creditors recently agreed to a "lock-up agreement", will now share their headquarters with Steinhoff UK in its offices in Gloucestershire, the furniture retailer said in a statement.
Steinhoff said reasons for relocating its European and finance divisions to the UK included that none of their board members live in Austria.
Steinhoff entered the UK in August 2016 by acquiring Poundland for Ā£610m. In January, The Telegraph reported Poundlandās management was seeking private equity backing to buy the retailer from its scandal-ridden parent.
Steinhoff Europe and Steinhoff Finance, most of whose creditors recently agreed to a "lock-up agreement", will now share their headquarters with Steinhoff UK in its offices in Gloucestershire, the furniture retailer said in a statement.
Steinhoff said reasons for relocating its European and finance divisions to the UK included that none of their board members live in Austria.
Steinhoff entered the UK in August 2016 by acquiring Poundland for Ā£610m. In January, The Telegraph reported Poundlandās management was seeking private equity backing to buy the retailer from its scandal-ridden parent.
#14571
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Master
Posted 03 August 2018 - 11:21 AM
No..but think therell be another today re hemisphere...positive is all indications show a future for snh...
#14572
leo
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Little Master
Posted 03 August 2018 - 11:20 AM
Tx. Not very exciting though
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#14573
Ms Jet
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Master
#14574
Ms Jet
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Master
#14575
Ms Jet
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Master
Posted 03 August 2018 - 10:00 AM
Think theyll release something about hemisphere today..
#14576
leo
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Little Master
Posted 03 August 2018 - 09:57 AM
Although the trading update will only be released on 31 Aug. We also expecting a sense today?
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#14577
Ms Jet
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Master
Posted 03 August 2018 - 09:51 AM
I think people waiting for news before doing anything
#14578
leo
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Little Master
Posted 03 August 2018 - 09:50 AM
Volumes are so thin.
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#14579
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The Oracle
Posted 03 August 2018 - 09:18 AM
why is SNH not buying its own shares currently- is it a closed period for directors.
would it not be beneficial for the company to buy back shares at the low price with confidence that the price will increase...
be fantastic to buy your own shares, pump the price and hand these to your creditors at a later point in time
common Steinhoff wake up----pump up the jam
#14580
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The Oracle
Posted 03 August 2018 - 09:13 AM
seems to be many articles on Viceroy and Capitec focussing on the reliability of the Viceroy report. seems to be a lot of Capitec defenders outthere- makes me more suspicious of Capitec and their cash circulation models.
surprisingly Viceroy Steinhoff report- very little written on that front- perhaps because a small dirt spot on an oil stained shirt is neglected.
SNH going through the washing machine
