7 votes
Member
Posted 26 July 2018 - 11:09 PM
I really enjoy reading all the comments on this chat forum..it is very informative. The stop loss idea is very good because....I agree...watching the share price all day is driving me nuts. I first bought at R11 then more at about R4 and then the bulk at R1.80...so my average shareprice and risk to losing a lot came down significantly to about R2.07. Will also sell if it hits R7 or R7.50
Willy P
Newbie
Posted 26 July 2018 - 08:12 PM
Little Master
Posted 26 July 2018 - 06:38 PM
Some friendly advice... Dont buy shares and watch them every minute... Set stop losses to sell when a base is reached or an alert when a top is reached...
You will drive yourself batty looking at daily fluctuations... If you look at frankfurt today price all over the place... And now recovering.. As an example... If you in pain looking at shares or hungry counting gains.. Need therapy... Alcoholics anonymous
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The Oracle
Posted 26 July 2018 - 06:07 PM
Im a bit confused....if news outflow is positive why are we seeing the share price drop? last week when positive news came out it showed in the share price....
The Oracle
Posted 26 July 2018 - 05:41 PM
Newbie
Posted 26 July 2018 - 05:39 PM
SNF is like a Casino.... all based on luck
The Oracle
Posted 26 July 2018 - 05:37 PM
Hi IN.....in the event they delist....do we lose the shares?
Little Master
Posted 26 July 2018 - 05:09 PM
Im a bit confused....if news outflow is positive why are we seeing the share price drop? last week when positive news came out it showed in the share price....
Plebeian Tribune
Posted 26 July 2018 - 05:04 PM
Im a bit confused....if news outflow is positive why are we seeing the share price drop? last week when positive news came out it showed in the share price....
Confused is my normal. Less confused is my wonderful.
The chart is leaning into an extended 2nd wave which is all too often what happens all over the place.
It is confirming that this is now a waiting game. But it has already let the cat out that this is a bull trend.
Or so I choose to believe with only some mystical mythology to support my case.
Don't knock it. This crap has been very popular since before we stopped swinging in the trees.
Sage
Posted 26 July 2018 - 04:49 PM
Hemisphere restructuring conclusion by 3 Aug... More good news will flow through to 3 Aug... Expect share rally and pull back... Novice traders be aware... Get more now....
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Im a bit confused....if news outflow is positive why are we seeing the share price drop? last week when positive news came out it showed in the share price....
Sage
Posted 26 July 2018 - 04:42 PM
Ah just read it.... Steinhoff would not be allowed to buy volume without sens disclosure... In any event if they were certain on the Lua... They would have bought at R1....
The delisting though could still occur... And agreements with shareholders based on equity swaps during relisting...it may be the only way to breach the value gap...
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Hi IN.....in the event they delist....do we lose the shares?
The Oracle
Posted 26 July 2018 - 04:39 PM
https://www.moneyweb...-gets-creditor- support-for-debt-lock-up/
Someone else commented dumbest thing they ever heard.....
Master
Posted 26 July 2018 - 04:35 PM
The Oracle
Posted 26 July 2018 - 04:31 PM
This is what this chap just posted on moneyweb.co.za....Boombang 1 hour ago
I bet you Steinhoff is buying back all the share sold in the open market to mitigate the effect paying back the retail investors when then go private (delisting) and they will relist at a higher price next year…. Watch this space. more than 360 million shares have changed hands in the past 10 trading days at less than R3 a share. who is busy buying? Imagine the share going back to R90 after all this frantic selling and buying?????
The Oracle
Posted 26 July 2018 - 04:29 PM
Master
Posted 26 July 2018 - 04:26 PM
The Oracle
Posted 26 July 2018 - 03:27 PM
Great all sounding positive 👍what are implications normally if a company wants buy into steinhoff..the buying company shares usually goes down at time of purchase and steinhoff goes up? Ive noticed there seems be a pattern..for eg if star bought into steinhoff would star shares be likely to go down ...? When dischem owner bookbuild and sold lots his shares dischem shares dropped rapidly... but that was different...trying understand reasoning..?
Master
Posted 26 July 2018 - 02:16 PM
The Oracle
Posted 26 July 2018 - 02:04 PM
YAY more good news- Hemisphere LUA completed....imagine the impact on the share price if this was delayed....
The Oracle
Posted 26 July 2018 - 12:05 PM
fyi- previous reports from media ---highlighted a increase in SNH share price due to the disclosure of SNH preference dividend.
would we expect another foot forward with the increase in the dividend quantum- perhaps this may result in nudge forward- even if slight...may see this today or subsequently...even though its a mere 10c
