15225 replies to this topic

[DayTraderDad]

[quote name="Tiekkie" post="299709" timestamp="1636956803"]MONDAY AND A NEW WEEK WONDER WHAT WILL HAPPEN THIS WEEK[/quot]

The same as last week!

Edited by DayTraderDad, 15 November 2021 - 09:27 AM.

[Tiekkie]

MONDAY AND A NEW WEEK WONDER WHAT WILL HAPPEN THIS WEEK

[Zanme]

😂

Is Eskom a Steinhoff or vice versa. Stuck in 4th gear blaming the past. And handsomely rewarding themselves in the process. Not owning a single share in the company. And you guys believe that is the best out there. Go look at real leaders Elon Musk took a company that was going bust and built the largest company in the world. Where Louis took a cash cow and turned it into a mess. So no need for insults but the facts speak for themselves. 4 years 50 billion rand later with nothing to show. Reminds of Eskom. Over 2 years and things get progressively worst. There are no excuses.

[Zanme]

National Director of Public Prosecutions Shamila Batohi and her team from the National Prosecuting Authority briefed the Portfolio Committee on Justice and Correctional Services on Friday on their annual report.

.....Asked about the Steinhoff investigation, deputy national director of public prosecutions Rodney de Kock said the matter is receiving a lot of attention.

A team of prosecutors is working on it, led by the director of public prosecutions of Pretoria.

They are also working with financial experts, and the investigation is at an "advanced state". They are working on requests for Mutual Legal Assistance with other countries, and one has already been dispatched.

"So as far as Steinhoff is concerned, that come the new year, we will see some traction," he said.

He added that he is not pre-empting that there will be a decision to prosecute.

😂

[Squideye]

National Director of Public Prosecutions Shamila Batohi and her team from the National Prosecuting Authority briefed the Portfolio Committee on Justice and Correctional Services on Friday on their annual report.

 

.....Asked about the Steinhoff investigation, deputy national director of public prosecutions Rodney de Kock said the matter is receiving a lot of attention.

 

A team of prosecutors is working on it, led by the director of public prosecutions of Pretoria.

 

They are also working with financial experts, and the investigation is at an "advanced state". They are working on requests for Mutual Legal Assistance with other countries, and one has already been dispatched.

 

"So as far as Steinhoff is concerned, that come the new year, we will see some traction," he said.

 

He added that he is not pre-empting that there will be a decision to prosecute.

[Squideye]

Markus Jooste appeals to Tribunal against R241 million administrative penalty @ https://www.moonston...rative-penalty/

[Investment novice]

Feels like this is all so vague all of a sudden. I know we have court cases etc. in January but don't know what else really.

So many times in the past when they went quiet, it was a few weeks and then a clarifying SENS would come out. I'm hopeful that the same will happen shortly.

Thank you. MF IPO it is.....

[Zanme]

Lets for a moment forget about the politics on this forum, does anyone here have real information about what is happening with SNH, price is depressed atm and has been this way for the last two weeks

Good question can anyone give us some information?

[Junz]

Lets for a moment forget about the politics on this forum, does anyone here have real information about what is happening with SNH, price is depressed atm and has been this way for the last two weeks

[KP7]

Some people live out their CEO fantasies on a forum….

[Trader001]

What do you think should the Steinhoff team have done differently in your opinion?

I agree 100%. Perhaps Zanme can give us a detailed explanation.

[Sleepwa123]

What do you think should the Steinhoff team have done differently in your opinion?

[Zanme]

Question so how would we have come to a global all encompassing settlement if it was not for the consultants?

Is a global settlement something that anyone can do?

There wasn't a need for any settlement if he paid down debt. Steinhoff's share price would have been around R20. He could have settled all of this through dialogue and demonstrating that there is value. The consultants cost shareholders in fees. In penal interest and a global settlement. Those are all outflows. How did they benefit with no inflow. The operations are the same as they were. Debt needed to be pushed down into operations and settled. A clever negotiator could have achieved that. So no there was no legal requirement to pay all that money. None at all. The guys here DDT and company were saying that his so smart he will settle the litigants and then go after Markus with the novel of a PWC report. But Markus won't even pay a R100 million penalty so how will he get back R50 billion?

[Sleepwa123]

Question so how would we have come to a global all encompassing settlement if it was not for the consultants?

Is a global settlement something that anyone can do?

[Zanme]

Resigned

4 years of nothing. I said a few times before pay down debt and not pay consultants negotiate and demonstrate value to turn away litigants. And leave any initiative that will not be value enhancing to shareholders like over remuneration and a bloated head office. So I said this before and its quite simple. DTD we don't need that great lawyer to do it ha ha.

[Zanme]

Hi Zanme,

What do you think should the Steinhoff team have done differently in your opinion?

Resigned

[DayTraderDad]

Interesting trades at 11:29h.  7mil shares traded in two blocks 1- 1,9 mil and 2 - 5,1 mil.

Haha Jooster selling shares to pay the lawyers!

[DayTraderDad]

Interesting trades at 11:29h.  7mil shares traded in two blocks 1- 1,9 mil and 2 - 5,1 mil.

[DayTraderDad]

Hi Zanme,

What do you think should the Steinhoff team have done differently in your opinion?

Haha excellent!!!!

[Trader001]

50 billion rand later what a joke.

Hi Zanme,

What do you think should the Steinhoff team have done differently in your opinion?

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