1165 replies to this topic

[Lionelza1]

if i look at EOH, its pumping, but the volumes are low......do you consider the current price of EOH to be cheap or expensive, low or high?.....or is it just luck of the draw?....or does all of this come with years of experience? but then even with years of experience sadly Polly and some seemed to have gotten it wrong, and i am not dissing anybody, just trying to make sense

[Lionelza1]

I bought low so I am already in a profit I was lucky I guess.

 

ok in aveng my avg is 7c, it dropped all they way to 1c and that scared me so i did not buy. it then went to 6c and i thought ok missed the bus. at 4c i wanted to buy more but then i thought wait, because now its dropping again. after about 2+mnths it now dropped to 2c

 

that is what im still confused about...what is low, and what is high? what is cheap and what is expensive? how do you determine that?

[Polly]

I bought low so I am already in a profit I was lucky I guess.

well done then...u got in late which was good!! so r/r good for u...

[Milo]

Whats ur average cost Milo

 

I bought low so I am already in a profit I was lucky I guess.

[Polly]

 

Yes I am all in. my stop loss is R0 and limit anything above R5. I know it is maybe not the right thing to do but if you don’t take a risk you not going to make any big money.  If you put a stop loss it just gets taken out anyway or you take a little bit profit and miss out on a good run. So that is way I give Steinhoff time to sort out all the negative news and maybe there is a surprise for all of us later who bought shares at a low price.

 

Whats ur average cost Milo

[Milo]

Last possible little jump next week. Think the afs will be horrible. Possibility of it going under R1 or to R4. Massive gamble.



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Yes I am all in. my stop loss is R0 and limit anything above R5. I know it is maybe not the right thing to do but if you don’t take a risk you not going to make any big money.  If you put a stop loss it just gets taken out anyway or you take a little bit profit and miss out on a good run. So that is way I give Steinhoff time to sort out all the negative news and maybe there is a surprise for all of us later who bought shares at a low price.

[Lionelza1]

Last possible little jump next week. Think the afs will be horrible. Possibility of it going under R1 or to R4. Massive gamble.



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yea man....for me it feels like i bought into their problems and the longer this goes on the worse it is going to get....nah im done with this share....few more days to go

[leo]

yup definately more rot to come out....is why for me i'll never go long on this.....already feels way too long for me but ya. I am hoping next week will be the last of steinhoff, i dont even want to wait for AFS cause it has to look scary, if they are truthfull in their report. All the way back from the 90's? damn

Last possible little jump next week. Think the afs will be horrible. Possibility of it going under R1 or to R4. Massive gamble.



Sent from my SM-G935F using Sharenet Sharechat mobile app

[Lionelza1]

believe me the shet that you read about is the tip of the iceberg...The captain jumped first and went into hiding for gods sake...Do you know whats that telling you...

yup definately more rot to come out....is why for me i'll never go long on this.....already feels way too long for me but ya. I am hoping next week will be the last of steinhoff, i dont even want to wait for AFS cause it has to look scary, if they are truthfull in their report. All the way back from the 90's? damn 

[Polly]

I read it as the court case comming out.. They want an investigator and someone from inside the company who knows about all the problems that occured to give the evidence of what happened...So its telling you all the skeletons gona resurface together with new ones...The financial models discount this thinking all rosy going forward...

believe me the shet that you read about is the tip of the iceberg...The captain jumped first and went into hiding for gods sake...Do you know whats that telling you...

[Polly]

Hi P......i get your backward valuation etc

 

am not understanding how this sens issue will have a negative impact on the share? is it not merely shareholders asking for transparency of info?

I read it as the court case comming out.. They want an investigator and someone from inside the company who knows about all the problems that occured to give the evidence of what happened...So its telling you all the skeletons gona resurface together with new ones...The financial models discount this thinking all rosy going forward...

[Lionelza1]

steinhoff friendly reminder to those using financial models etc....thats why i say backward valuation..

 

seeing this is a dump , youll never see this posted in the steinhof thread...only favorable sens posted there...

 

 

Steinhoff – Enterprise Chamber inquiry proceedings
Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”).

The Company confirms receipt of a petition by a group of shareholders for inquiry
proceedings before the Enterprise Chamber of the Amsterdam Court of Appeal (the
“Enterprise Chamber”). The petition includes a request to appoint an Investigator as well as
an additional member of the Supervisory Board of the Company whose role will include
oversight that information is provided to shareholders adequately and in the context of any
inquiry to be ordered by the Enterprise Chamber.

The Enterprise Chamber has sent notices to certain interested parties with regards to these
proceedings. A hearing is scheduled to take place on 23 May 2019.

Shareholders and other investors in the Company are advised to exercise caution when
dealing in the securities of the Group.

Hi P......i get your backward valuation etc

 

am not understanding how this sens issue will have a negative impact on the share? is it not merely shareholders asking for transparency of info?

[Polly]

steinhoff friendly reminder to those using financial models etc....thats why i say backward valuation..

 

seeing this is a dump , youll never see this posted in the steinhof thread...only favorable sens posted there...

 

 

Steinhoff – Enterprise Chamber inquiry proceedings
Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”).

The Company confirms receipt of a petition by a group of shareholders for inquiry
proceedings before the Enterprise Chamber of the Amsterdam Court of Appeal (the
“Enterprise Chamber”). The petition includes a request to appoint an Investigator as well as
an additional member of the Supervisory Board of the Company whose role will include
oversight that information is provided to shareholders adequately and in the context of any
inquiry to be ordered by the Enterprise Chamber.

The Enterprise Chamber has sent notices to certain interested parties with regards to these
proceedings. A hearing is scheduled to take place on 23 May 2019.

Shareholders and other investors in the Company are advised to exercise caution when
dealing in the securities of the Group.

Edited by Polly, 21 February 2019 - 09:41 AM.

[Midas1]

Hi P,,, what you think major movers going be today..up or down..? Talking trading not equities....I See re equity ten had more games released day ago...not going npn now too expensive

[Midas1]

Mrp- investec bought more

[Midas1]

Im sure dischem will go to 28 easily..

[Midas1]

Bought some dischem equities.ill hold them really cheap even for non dcp enthusiasts

[Midas1]

Im taking re mcz do you think could double in time

[Shi]

And you think will go 20? In 3 years? Still fuming re dawn...just hope guy gets cold feet..ellies and dawn my dodgy equities ..but ellies average at 20r so maybe in time

 

20r ??? … I hope you mean 20c

[Midas1]

Surely duals should be up slightly with rand weeker? Think npn going down today though