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#41 Lionelza1

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Posted 21 February 2019 - 11:36 AM

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


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#42 leo

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Posted 21 February 2019 - 11:08 AM

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.



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#43 Lionelza1

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Posted 21 February 2019 - 10:23 AM

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 


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#44 Polly

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Posted 21 February 2019 - 10:15 AM

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...


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#45 Polly

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Posted 21 February 2019 - 10:13 AM

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...


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#46 Lionelza1

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Posted 21 February 2019 - 10:06 AM

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?


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#47 Polly

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Posted 21 February 2019 - 09:40 AM

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.

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#48 Midas1

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Posted 21 February 2019 - 07:51 AM

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
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#49 Midas1

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Posted 15 February 2019 - 03:42 PM

Mrp- investec bought more
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#50 Midas1

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Posted 15 February 2019 - 01:33 PM

Im sure dischem will go to 28 easily..
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#51 Midas1

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Posted 15 February 2019 - 11:13 AM

Bought some dischem equities.ill hold them really cheap even for non dcp enthusiasts
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#52 Midas1

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Posted 14 February 2019 - 11:01 AM

Im taking re mcz do you think could double in time
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#53 Shi

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Posted 14 February 2019 - 10:08 AM

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


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#54 Midas1

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Posted 14 February 2019 - 09:18 AM

Surely duals should be up slightly with rand weeker? Think npn going down today though
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#55 Midas1

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Posted 14 February 2019 - 08:45 AM

Out at 8..dcp
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#56 Midas1

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Posted 14 February 2019 - 08:21 AM

Think dcp only out today?
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#57 Polly

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Posted 14 February 2019 - 08:02 AM

today im shorting retailers...surely power cuts going to have some effect on bottom line going foward...also yesterdays retail sales numbers told a sad story...expect a hit of 3 to 4% very soon on them on a nice red day....yesterday they held up cos of rising alsi after numbers out!!


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#58 Midas1

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Posted 13 February 2019 - 06:20 PM

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
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#59 Polly

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Posted 13 February 2019 - 05:59 PM

Mcz low today...P you still like this share but long term?

yep...bought with a 3 year view...will add below R8.00


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#60 Midas1

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Posted 13 February 2019 - 05:53 PM

Mcz low today...P you still like this share but long term?
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