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#201 Ms Jet

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Posted 27 September 2018 - 02:39 PM

If you refering to what i said yesterday....plesure Lionel......I have never claimed to be an expert so up to yourselves.. i quote ,,,."The share price had dropped because they have not released their financial results on time.
And their net profit is said to have dropped drastically.it seems there are similarities in the steinhoff saga .its likely that they may try and sell off some assets . zim is only part of their problem .
They still havent published results from their financial yr end in june . dont buy !
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#202 Polly

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Posted 27 September 2018 - 02:39 PM

35  and now 40c


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#203 Lionelza1

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Posted 27 September 2018 - 02:32 PM

"Mr Market never gives you freebies" boy am I feeling that right now!

Thanks for putting ur comment out yesterday saved my ass... Temptation was super high on buying specially when I saw 30% up... I mean who gives u that in a couple hours jirrr

Will keep an eye on this one when they reopen
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#204 Polly

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Posted 27 September 2018 - 02:24 PM

gonna get smashed??


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#205 Polly

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Posted 27 September 2018 - 02:24 PM

in auction now

 

 

Bids / OffersVolumeBidsOffersVolume

 

2631   57     0   150000

6777  56    10   200000

22450 55   30    540102


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#206 Ms Jet

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Posted 27 September 2018 - 02:07 PM

http://www.sharenet....eq=48&scode=CHP
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#207 Polly

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Posted 27 September 2018 - 01:54 PM

BTW Pepkor shareholders living by skin of their teeth today....Tested support this morning at about 15.50 and bounced..IF breaks R10.00 will come


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#208 Polly

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Posted 27 September 2018 - 01:51 PM

Mr Market never gives you freebies hay...

 

and today was the forth day i mentioned...eish

 

and all those CAs and MBAs employed for what???


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#209 Lionelza1

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Posted 27 September 2018 - 01:47 PM

http://www.sharenet....eq=45&scode=CHP

 

oh dear...another snh saga


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#210 Lionelza1

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Posted 27 September 2018 - 01:27 PM

yea...this action by jse thanks to snh. this is exactly what they needed to do with snh as well


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#211 Ms Jet

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Posted 27 September 2018 - 01:21 PM

http://www.sharenet....eq=44&scode=CHP
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#212 Investment novice

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Posted 27 September 2018 - 01:16 PM

was going to buy yesterday when IN talked about it but decided to hold coz of ur response (if it works great...if not then ya).....u do indeed make great calls .....hope ur wrong about snh though

 

My only issue with this share tho, as ive noticed with Blu, is that constant downward trend!

 

But ya will take a gamble on this one 2morrow.

what will the share open with when trading opens again? this is the gamble? JSE and Botswana actions reasonable. I am locked in for the value? will the company respond? ofcourse


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#213 Lionelza1

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Posted 27 September 2018 - 01:09 PM

With all due respect, i was only trying to warn newbies not to rush in but wait for retracement. Obviously  you  misunderstood what i was trying to say and thought about it as a joke..Typical Steinhoff newbie..

 

Investing is not about jokes ..Get serious

 

Maybe you right...dont infest this thread....

was going to buy yesterday when IN talked about it but decided to hold coz of ur response (if it works great...if not then ya).....u do indeed make great calls .....hope ur wrong about snh though

 

My only issue with this share tho, as ive noticed with Blu, is that constant downward trend!

 

But ya will take a gamble on this one 2morrow.


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#214 andi222

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Posted 27 September 2018 - 12:46 PM

Wonder if we will see the 40 cents again.


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#215 Investment novice

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Posted 27 September 2018 - 10:27 AM

With all due respect, i was only trying to warn newbies not to rush in but wait for retracement. Obviously  you  misunderstood what i was trying to say and thought about it as a joke..Typical Steinhoff newbie..

 

Investing is not about jokes ..Get serious

 

Maybe you right...dont infest this thread....

sorry for the reply dump.

I have come to respect Polly's views in short term trading- difficult to time the market but adopt a strategy that is refined through experience.


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#216 Investment novice

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Posted 27 September 2018 - 10:25 AM

Seems like a lot of risk. Too much.

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risk is quantified- discount the Zimbabwe business and you get an adjusted value.

potential opportunity- easy target for a takeover- extremely cheap currently and massive opportunity for supply chain optimisation to reduce costs and increase margins

footprint and client base an asset


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#217 Investment novice

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Posted 27 September 2018 - 10:23 AM

"The senior management team is highly qualified, and includes 80 MBAs, 16 Chartered Accountants, 25 Engineers and numerous university graduates." Which retailer do you think this refers to?

eish- more crooks to manipulate the books.

I am bull on this share


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#218 Polly

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Posted 27 September 2018 - 10:09 AM

"The senior management team is highly qualified, and includes 80 MBAs, 16 Chartered Accountants, 25 Engineers and numerous university graduates." Which retailer do you think this refers to?


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#219 andi222

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Posted 27 September 2018 - 09:58 AM

As mentioned in my previous post. Choppies had issues to finish their financials the last 2 years. 

For whatever reason that might be. Up to date no adjustments have been disclosed.

It's a business where you can see the products and most of the business processes should be non-complex. They sell tangible goods. 

At 50 cents this is a bargain. People (Big Investors) paid 5 rand just 2 years ago for this share. In these 2 years they have opened numerous new stores and expanded into other african countries. With the rising population I see good value in this company. Especially at 50 cents. However this is just my opinion and we will have to wait and see what will happen once they have released their results. But I think the worst is priced in already.


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#220 leo

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Posted 27 September 2018 - 09:08 AM

https://www.business...-not-chop-chop/


Seems like a lot of risk. Too much.

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