15225 replies to this topic

[Africa1962]

big fat zero.......she's here

 

.and dare i say it.....Zanme wins the argument (Zanme.....you may have one last gloat on this forum, before it goes quiet forever)

[Lionelza1]

big fat zero.......she's here

[Tom]

There's a point of view as follows:

"Steinhoff says goodbye to the stock exchange!!! And if you do that, you are legally forced to make the shareholders a cash offer, here in Germany, no matter what else they offer."

But does the above has merit and can the SDK sue for it.

[Tom]

"[Steinhoff] and its subsidiaries will now proceed to implement the ... restructuring plan, which is expected to close on or before 30 June 2023,"

[Tom]

The hope is fading ..... management get lost of money ..... creditors get lots of money .... CW or TT and others (that can afford to pay attorneys) walk out half shirt ... while the average ordinary shareholder are the real losers ... So it's selective justice that favour the rich and powerful (just like everything else in life).

Edited by Tom, 21 June 2023 - 04:54 PM.

[Tom]

Can the SDK do any kind of appeal or retrial.

[Tom]

The deal, which has the group's financial creditors taking over 80% of its equity in exchange for a three-year debt repayment holiday, has now been upheld by a Dutch court.

[Africa1962]

is there anyone out there willing to explain/guess the potential scenarios and the effect of tomorrows court finding ?

not to worry....crash and burn......

[Africa1962]

is there anyone out there willing to explain/guess the potential scenarios and the effect of tomorrows court finding ?

[Squideye]

You must not be a paying member from SdK, but please give your WHOA share votes volume to http://www.sdk.org/whoa-steinhoff to check if the reported Steinhoff count is right. Please only enter whole numbers without decimal places and without periods.

 

Holy cow !? To make sure to get votes the SdK should provide the compulsory KFC, a t-shirt and cap to the South African share holders...

[Squideye]

Steinhoff update - a lot has happened. For shareholders, however, things remain bleak: little hope @ https://www-nebenwer...&_x_tr_pto=wapp

[Squideye]

not very good results....would have thought it would be better

 

Grupo Avenida gives up e-commerce and focuses on physical shops @ https://varejoemdia-...&_x_tr_pto=wapp

[Squideye]

not very good results....would have thought it would be better

 

Pepkor is down 35% in Rand terms over the past 6 months @ https://www.sharenet...e.php?scode=PPH

 

In €uro value for Steinhoff Holdings even 45% due to the poor Rand vs €uro exchange rate @ https://www.ariva.de/pepkor-aktie

Edited by Squideye, 18 May 2023 - 01:28 PM.

[Africa1962]

As I get many requests, here is the latest Grupo Avenida (Pepkor) balance sheet from the past financial year in English (Google doc translation)...

not very good results....would have thought it would be better

[Squideye]

  May 2023 - Balance Sheet 2022 Avenida Group Brazil (Pepkor)...

 

As I get many requests, here is the latest Grupo Avenida (Pepkor) balance sheet from the past financial year in English (Google doc translation)...

Attached Files

•  20230516eng.pdf   526.93KB   48 downloads

[Bubble]

If Dr Liebscher would like to discredit the current Management Board, they need that PWC report or at minimum raise the question on why it is kept from everyone...it smells of covering your buddies.

 

That thing is part of the story and if SH end up getting nothing, surely they need to disclose it.

 

This is becoming the biggest successful coverup at the SH expense., after a succesfull Heist. (Banana Republic stuff)

 

There must be people that needs to pay for ill gotten gains....POOR Wiese can stand right in front of that line, followed by the Tekkie mafia. They all got paid out well for their businesess originally and then again at the settlement points, they were part of all the funny Deals.

 

That report should not die on some Stellenbosch winefarm.

Edited by Bubble, 18 May 2023 - 08:21 AM.

[Squideye]

Relevant timestamps from the YT interview below:

 

01:12 – Dr Marc Liebscher on the response from Steinhoff shareholders following his previous BizNews interview

01:55 – Dr Liebscher on the Steinhoff restructuring plan that shareholders are opposing

02:54 – On how shareholders can vote

04:46 – On the role of the court in the fight against Steinhoff

06:24 – On Markus Jooste’s court case

07:33 – On Jooste’s accomplices

08:43 – On if the shareholders association wants Jooste to be extradited to Germany

10:07 – On if the Steinhoff heist is being prosecuted dutifully

12:28 – On Steinhoff’s interesting business dealings ahead of the shareholders’ vote

15:21 – On if Steinhoff’s valuation of the company aligns with the shareholders’ valuation

17:09 – On keeping the shareholders association’s valuation away from querying hedge funds

18:22 – On taking the right steps to get their valuation

19:53 – On the difference in value between Steinhoff’s and the shareholders association’s valuations

22:56 – On what will happen if the shareholders association is successful in court

24:20 – On the shareholders’ call to change Steinhoff management

25:57 – On his confidence in the vote being successful

[Squideye]

Last Chance Saloon for Steinhoff shareholders, Liebscher says vote against management or lose €1.5B

 

[Squideye]

  May 2023 - Balance Sheet 2022 Avenida Group Brazil (Pepkor)...

Attached Files

•  20230516.pdf   531.78KB   74 downloads

[DeltaHedge]

just ignore that nazi cvnt

Just sell already, its dead and will always be dead from here on in