15225 replies to this topic

[Batra]

Good day to all
I am like DTD and don’t discuss my portfolio
But what my strategy is about is as follows
I am heavily invested for the last three years
My approach is long term, irrespective from the ups and downs
My target is a time 12/15 in the next three years
I have sold the number of shares which is equivalent to my initial investment
Now that the initial capital is secured, everything else is either long term net profit or net loss.
I also agree with the ATM concept but I was always doubtful about the opportunity to re enter at a low price. So did not short or did not trade on come and go basis
Am comfortable with this lazy approach, certainly not optimal capital management and cash generation but very comfortable as far as heart beat is concerned
Merry XMas to you all

[Tiekkie]

Merry Christmas guys thanks for the encouragement through the year. Dtd you said to me once not to sell. And I am very thankful I didn't. Enjoy the green beers

[DeltaHedge]

andi222, on 23 Dec 2021 - 5:46 PM, said:

Yes my fellow Steinies!!.

2022 will be our year. All claims will be settled and credits renewed.

I hope you guys have kept strong and you guys are still invested.

As I mentioned previously this is a one in a lifetime opportunity!!!

Merry Christmas to you all!

Sent from my SM-G973F using Sharenet Sharechat mobile app

Welcome back Andy

[DayTraderDad]

andi222, on 23 Dec 2021 - 5:46 PM, said:

Yes my fellow Steinies!!.

2022 will be our year. All claims will be settled and credits renewed.

I hope you guys have kept strong and you guys are still invested.

As I mentioned previously this is a one in a lifetime opportunity!!!

Merry Christmas to you all!

Sent from my SM-G973F using Sharenet Sharechat mobile app

Hi andy good to hear from you. Indeed 2022 will be a good year for Steinies.

Merry Christmas to you too!

[andi222]

Yes my fellow Steinies!!.

2022 will be our year. All claims will be settled and credits renewed.

I hope you guys have kept strong and you guys are still invested.

As I mentioned previously this is a one in a lifetime opportunity!!!

Merry Christmas to you all!

Sent from my SM-G973F using Sharenet Sharechat mobile app

[DayTraderDad]

Tiekkie, on 23 Dec 2021 - 3:22 PM, said:

guess there was still buyers around before close today

We need to see next week

[Tiekkie]

Tiekkie, on 23 Dec 2021 - 1:09 PM, said:

Haha spent the day fishing 🎣 seeing that we in the red again..damn

guess there was still buyers around before close today

[Tiekkie]

DayTraderDad, on 23 Dec 2021 - 10:54 AM, said:

Haha going to send a supply of green beer for those who bought at R4,50!!!

Haha spent the day fishing 🎣 seeing that we in the red again..damn

[DayTraderDad]

DayTraderDad, on 23 Dec 2021 - 10:49 AM, said:

People sobering up!!! Hahaha

Haha going to send a supply of green beer for those who bought at R4,50!!!

[DayTraderDad]

Squideye, on 23 Dec 2021 - 10:33 AM, said:

Steinhoff in Germany touches RED...

People sobering up!!! Hahaha

[Squideye]

Steinhoff in Germany touches RED...

[DayTraderDad]

Tiekkie, on 23 Dec 2021 - 09:36 AM, said:

let's hope...fingers crossed . I'll be holding on till then

Yes thats what I said when last time the share reached the Eur 0.2 then next I new it was back to the Eur 0,12

[DayTraderDad]

Squideye, on 23 Dec 2021 - 09:28 AM, said:

A different story but keep in mind how all of a sudden the tide turned against Ascendis @ https://www.news24.c...ayment-20211222

Thanks for that! Indeed my worry if I was a bond holder would be thinking very hard before agreeing to this new settlement with TREVO & TT old boys. The bond holders depend on SNH assets to  get they money and interest back.

 

Then the same group that was saying bond holders were ripping people off and should get less (the TT old boys claims) want a preference treatment!!! 

[Tiekkie]

Squideye, on 23 Dec 2021 - 09:35 AM, said:

The GS in January !? - It ain't over till the fat lady sings...

let's hope...fingers crossed . I'll be holding on till then

[Squideye]

The GS in January !? - It ain't over till the fat lady sings...

[Squideye]

DayTraderDad, on 23 Dec 2021 - 08:16 AM, said:

For me I am waiting again between R1 and the R2. I am concerned lenders might have objections or require more security because SNH value with the latest give aways is virtually nothing because the PEPCO share price has dropped back to close to the IPO price.

 

A different story but keep in mind how all of a sudden the tide turned against Ascendis @ https://www.news24.c...ayment-20211222

Edited by Squideye, 23 December 2021 - 11:28 AM.

[DayTraderDad]

Tiekkie, on 23 Dec 2021 - 09:09 AM, said:

Pepco should start paying dividends then that will help in paying off the debt pile.

Indeed i fully agree because from now SNH only income is dividends. What is also strange for me in the PEPCO agenda for the AGM they want shareholder approval to by up to 10%of the shares.

 

Why do that and not pay dividends? If they buy up 10% of the shares then there will only be less than 10 % of PEPCO in the market and no one will touch it due to lack of liquidity.

[Tiekkie]

DayTraderDad, on 23 Dec 2021 - 09:03 AM, said:

Exactly the debt restructure is what is worrying me. SNH will have to pay the debt down to manageable values and for that they will need to sell part of PEPCO and Pepkor including MF and Greenlit Brands.

So at these low prices for PEPCO how much is left?

I also agree with you SNH will survive but it will take longer to recover to justify the existing share price!!

Pepco should start paying dividends then that will help in paying off the debt pile.

[DayTraderDad]

Tiekkie, on 23 Dec 2021 - 08:47 AM, said:

once the GS is done step three will take place. Restructuring of the debt at much lower interest rates. I look at PPC as an example. Came from the ashes

Exactly the debt restructure is what is worrying me. SNH will have to pay the debt down to manageable values and for that they will need to sell part of PEPCO and Pepkor including MF and Greenlit Brands.

 

So at these low prices for PEPCO how much is left?

 

I also agree with you SNH will survive but it will take longer to recover to justify the existing share price!!

[Tiekkie]

DayTraderDad, on 23 Dec 2021 - 08:31 AM, said:

Ok what is your valuation of SNH? How have people arrived to the fact that SNH value now is R4? Is it based on facts or sentiment?

I am a keen supporter of SNH and its management but I have also to be realistic

once the GS is done step three will take place. Restructuring of the debt at much lower interest rates. I look at PPC as an example. Came from the ashes