there you go...reason for drop....not squeeze not tears , not all that bull.....As always retail gets news last....
PS faces 2b rand claim from Pepkor executives and shareholders..
summons filed in high court cape town
i got inside info from ...... 
Steinhoff New clean thread.....
Started by
Polly
, May 02 2019 09:23 AM
348 replies to this topic
#341
Polly
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The Oracle
Posted 02 May 2019 - 10:23 AM
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#342
Polly
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The Oracle
Posted 02 May 2019 - 10:09 AM
sad part is Gurus buying in there for that net asset value where its minus... 
insolvent state of affairs...
Think market is actually generous with the current price of R1.90 some off....
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#343
Polly
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The Oracle
Posted 02 May 2019 - 10:07 AM
Yes that sens impairment of goodwill Mr M did not fancy that at all, but was that loss not expected given the circumstances the company is faced with?
Would the goodwill not increase over a period of time? It is theoretical monies and not real monies right?
goodwill should decrease over time....back to zero.....PS paid a premium for the business MF expecting higher profits next several years from that business..
that premium wasnt goodwill....was pure overpayment for ego and glory...no way they will recover that....Goodwill should have been written off completely..
Mr M paying that so called clever management for that
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#344
Lionelza1
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Sage
Posted 02 May 2019 - 10:02 AM
Yes that sens impairment of goodwill Mr M did not fancy that at all, but was that loss not expected given the circumstances the company is faced with?
Would the goodwill not increase over a period of time? It is theoretical monies and not real monies right?
Would the goodwill not increase over a period of time? It is theoretical monies and not real monies right?
#345
Polly
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The Oracle
Posted 02 May 2019 - 09:45 AM
main worry is markets may become bearish all over world.....that may sell it off
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#346
Polly
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The Oracle
Posted 02 May 2019 - 09:44 AM
still above support....and slight uptrend....i wont really worry so much unless that support breaks
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#347
Polly
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The Oracle
Posted 02 May 2019 - 09:40 AM
obvious Mr M didnt like the last sens re writeoffs in goodwill... i explained in in that PS thread
think shes going to that big fat zero sooner than i expected.
was hoping for R4.00 to short....no way now
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
#348
Lionelza1
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Posted 02 May 2019 - 09:32 AM
How is it they preach recovery but get excited when share price falls?
Big news 2morrow! Assuming we get afs 2017
Big news 2morrow! Assuming we get afs 2017
#349
Polly
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The Oracle
Posted 02 May 2019 - 09:23 AM
anyone who doesnt want to be be constantly attacked , insulted please post here...
The immature posts can be posted in other..
Keep it clean here please
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
