240 replies to this topic

[nosh]

Out of interest, anyone look at the whistleblower app they launched yesterday?  

[Polly]

yeah hit my mental stop at 13.50....out at 13.4 for a lekka loss

[Shi]

https://mybroadband....-board.1008570/

 

Timing could not have been worse, more red today 

[Investment novice]

What will be the value of the share if there is a private equity transaction and delisting?
This is a rather interesting study... Fair value versus perceived value and future value...

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[Investment novice]

Yebo... This is concerning.. Perhaps r100 million in pay back... Or find muthondo directors liable and ring fence shananigan
Share can drop ongoing but expect opposite if there is some clarity... Or even dividends declared in March.
Sec investigation... Not sure the speed of this...
If financials delayed due to issues.. This is a r5 share... Falling knife hey Polly... Perhaps save and try buy once bottomed... Whoever can predict...
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[nosh]

more like shet about to hit the fan imo...advanced warning....lol

eish - I also think more bad news to come

[Polly]

They're are not saying "get out", they're are literally saying "exercise caution", which is a vague statement and up for interpretation, which is just to cover themselves.

more like shet about to hit the fan imo...advanced warning....lol

[Tom]

absolutely....shuda waited fro 3 day rule...( on hindsight)

 

think the words

 

Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a
further announcement to withdraw this cautionary is made.

 

telling us get out!!  more action to follow..

 

Think best sit tight if not in and wait for next sens.....

 

They're are not saying "get out", they're are literally saying "exercise caution", which is a vague statement and up for interpretation, which is just to cover themselves.

Edited by Tom, 19 February 2019 - 03:26 PM.

[Tom]

clever money selling , dumb money buying.....simple

 

That's exactly what happened in case of Steinhoff, and what's been happening (but on a slower pace) in case of EOH.

The small investors (aka minority investors) are always the last to know, while the job of the JSE is to keep the minority investors protected.

Edited by Tom, 19 February 2019 - 03:15 PM.

[Polly]

but at end of day , its still our responsibility to hit the trigger... cant blame anyone else..

 

clever money selling , dumb money buying.....simple

having said that , wont be surised if this jumps abck to +R25.00 in 3 months,,

 

solid company with only 15% of its turnover probably related to govt contracts...

 

Its happened over and over again where share price crashes and then recover....4 times so far...why not again??

 

Best to wait a month or 2 for dust to settle and buy in again

[Polly]

but at end of day , its still our responsibility to hit the trigger... cant blame anyone else..

 

clever money selling , dumb money buying.....simple

[Polly]

Nicky Newton-King said the Steinhoff accounting scandal shows there's a need for more activist shareholding and vigorous oversight by boards. Newton-King was speaking on the sidelines of the World Economic Forum in Davos last month.

 

Shes the main culprit...wants someone else to police the companies when its their responsibility!!!!

[Lionelza1]

Then they should call it Johannesburg Gambling Exchange, not Stock Exchange.

Otherwise the regulators must take responsibility and action against the bad quality companies that list, and waste the investors money in promises and misinformation.

totally agree with you, do not see that happening tho coz the JSE does not loose. JSE is the casino, house always win

[Polly]

Then they should call it Johannesburg Gambling Exchange, not Stock Exchange.

Otherwise the regulators must take responsibility and action against the bad quality companies that list, and waste the investors money in promises and misinformation.

JSE got  absolutely no balls....proven over and over again!!  a bloody money making racketing scheme

[Tom]

absolutely....shuda waited fro 3 day rule...( on hindsight)

 

think the words

 

Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a
further announcement to withdraw this cautionary is made.

 

telling us get out!!  more action to follow..

 

Think best sit tight if not in and wait for next sens.....

 

Ya, now they're saying that, after it's already old news.

[Tom]

glorified gambling...tata ma chance

Then they should call it Johannesburg Gambling Exchange, not Stock Exchange.

Otherwise the regulators must take responsibility and action against the bad quality companies that list, and waste the investors money in promises and misinformation.

Edited by Tom, 19 February 2019 - 02:44 PM.

[Polly]

glorified gambling...tata ma chance

absolutely....shuda waited fro 3 day rule...( on hindsight)

 

think the words

 

Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a
further announcement to withdraw this cautionary is made.

 

telling us get out!!  more action to follow..

 

Think best sit tight if not in and wait for next sens.....

[Lionelza1]

I think that the share holders that bought based on false or misleading SENS releases, should be entitled to claim their money back, on every false or misleading SENS release.

glorified gambling...tata ma chance

[Polly]

I think that the share holders that bought based on false or misleading SENS releases, should be entitled to claim their money back, on every false or misleading SENS release.

dont think any company will want to mislead with sens info...

 

In this case press got info first and then probability eoh....

 

Anyway tata ma chance...we know the risk and we weigh the reward..Only our-self to blame if things turn sour..My view...

 

Thats why stops so impt because if thinks turn sour , you throw out the b@tch!! Never marry her for life

[Tom]

I think that the share holders that bought based on false or misleading SENS releases, should be entitled to claim their money back, on every false or misleading SENS release.

Edited by Tom, 19 February 2019 - 01:35 PM.