15225 replies to this topic

[Zanme]

I cannot talk on behalf of LdP, these days many people have trusts and they buy shares via the Trust so I have no insight if LdP has a trusf set up or not.

Further I am very happy SNH is not giving shares as a bonus because they would have to give huge volumes and you and me would be in the loosing end due to the very low share price. Can you imagine giving shares away as a financial insentive at R2 for a shade that is with R12?

I focus on my research and knowledge and then make a investment decision.

I am not like the TT old boys that took SNH shares because CW had shares there.

Ok so your price target is R12. I hope it goes there. So this 4 year wait can finally give something meaningful.

[Zanme]

I cannot talk on behalf of LdP, these days many people have trusts and they buy shares via the Trust so I have no insight if LdP has a trusf set up or not.

Further I am very happy SNH is not giving shares as a bonus because they would have to give huge volumes and you and me would be in the loosing end due to the very low share price. Can you imagine giving shares away as a financial insentive at R2 for a shade that is with R12?

I focus on my research and knowledge and then make a investment decision.

I am not like the TT old boys that took SNH shares because CW had shares there.

Ok so your price target is R12. I hope it goes there. So this 4 year wait can finally give something meaningful.

[DayTraderDad]

Can you answer one question why doesn't Louis have a single share in Steinhoff. I am not trying to harbor a point but for me that is very concerning.

I cannot talk on behalf of LdP, these days many people have trusts and they buy shares via the Trust so I have no insight if LdP has a trusf set up or not.

Further I am very happy SNH is not giving shares as a bonus because they would have to give huge volumes and you and me would be in the loosing end due to the very low share price. Can you imagine giving shares away as a financial insentive at R2 for a shade that is with R12?

I focus on my research and knowledge and then make a investment decision.

I am not like the TT old boys that took SNH shares because CW had shares there.

[Squideye]

Pep owner sets its sights on local manufacturing as supply chain woes continue @ https://www.news24.c...ntinue-20211119

[Zanme]

I dont need more money I already have filled my trucks at tbese low prices. So evrn if it drops to R8 still a very good profit!

Can you answer one question why doesn't Louis have a single share in Steinhoff. I am not trying to harbor a point but for me that is very concerning.

[DayTraderDad]

Will you still have money to fund a rights issue?

I dont need more money I already have filled my trucks at tbese low prices. So evrn if it drops to R8 still a very good profit!

[Zanme]

In SNH case its different they have good business. Share price is depressed due to the claims. Once the GS is implemented then the share price will revert to its true value which for me is around the R12. I do believe at that time we can expect a rights issue which would drop tbe share price to the R6 to R8 but if you buy the share at R2 then you would be laughing all the way to the bank.

Aveng had bad business that needed capital injection to survive. I would not touch Aveng with a 20 foot pole!

Will you still have money to fund a rights issue?

[DayTraderDad]

What do you think TON is going to do. Also pay down debt. From my experience with a lot of shares like Aveng for instance when a rights issue is done the share price drops depending on the price of the issue. Aveng dropped from 78 cents to what its currently at 5 cents. Rights issues are for the benefit of the new capital investors the old ones loose. But there might be a rally when this settlement happens so. I think when that happens it will be time to sell out.

In SNH case its different they have good business. Share price is depressed due to the claims. Once the GS is implemented then the share price will revert to its true value which for me is around the R12. I do believe at that time we can expect a rights issue which would drop tbe share price to the R6 to R8 but if you buy the share at R2 then you would be laughing all the way to the bank.

Aveng had bad business that needed capital injection to survive. I would not touch Aveng with a 20 foot pole!

[Zanme]

SNH will go up! The rights issue will be to pay debt down so balance sheet neutral!!! So best is buy lots more now because right issue will be when the share is over R12.

What do you think TON is going to do. Also pay down debt. From my experience with a lot of shares like Aveng for instance when a rights issue is done the share price drops depending on the price of the issue. Aveng dropped from 78 cents to what its currently at 5 cents. Rights issues are for the benefit of the new capital investors the old ones loose. But there might be a rally when this settlement happens so. I think when that happens it will be time to sell out.

[DayTraderDad]

Its actually R4 billion absolutely crazy. Rights issues are value destructive for current shareholders unless you have the cash to follow the rights. That is another issue with Steinhoff there has been talk of a rights issue there too. By the one.
Ton is down over 30 percent since this announcement. So what will SNH do when this rears its ugly head. That is what I am talking about guys. Its a value destruction cycle.

SNH will go up! The rights issue will be to pay debt down so balance sheet neutral!!! So best is buy lots more now because right issue will be when the share is over R12.

[Zanme]

I did say that. And I was wrong it seems like good management no longer exists.

Its actually R4 billion absolutely crazy. Rights issues are value destructive for current shareholders unless you have the cash to follow the rights. That is another issue with Steinhoff there has been talk of a rights issue there too. By the one.
Ton is down over 30 percent since this announcement. So what will SNH do when this rears its ugly head. That is what I am talking about guys. Its a value destruction cycle.

[Zanme]

A few months ago, I recall The Deluded One posting on how the TON board turned the ship around (in comparison to SNH)…..today they announce a R2bn rights issue.

I did say that. And I was wrong it seems like good management no longer exists.

[Squideye]

Pepkor and China...

Attached Files

•  Pepkor - China.pdf   694.64KB   21 downloads

[Junz]

why is the price dropping ?

[DayTraderDad]

Haha Tekkie Town gaining market share so Mr. Tekkie having a hard time!!!! As I thought!!!

[Tiekkie]

I hope Pepco will also start paying dividends soon.

[Squideye]

https://www.business...ovid-19-levels/

[Tiekkie]

PEP PAYING DIVIDENDS. WONDER HOW THE TT BOYS GOING TO PROVE INSOLVENCY?

[Squideye]

Annual financial statements for the year ended 30 September 2021 @ https://www.sharenet...00&seq=6&scode=

 

A live webcast of the results presentation will be broadcast at 11:00am (SAST) on Friday, 19 November 2021. The webcast registration link is: https://www.corpcam.com/Pepkor19112021

and be accessed on the Pepkor website: www.pepkor.co.za.

Edited by Squideye, 19 November 2021 - 07:12 AM.

[Tiekkie]

When are we getting a trading update for SNH?