Steinhoff shares

Mac
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Steinhoff shares

10 years 2 months ago - 8 years 8 months ago

#545498

2.85% for the day.
8.55% for five days (even outplaying Capitec).
38% in six months.

Last edit: 8 years 8 months ago by Mac.

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The missing link
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Re: Steinhoff shares continue to charge

10 years 2 months ago

#545519

International business is booming, great business strategy controlling the whole production cycle and the pepkor buy was a masterstroke imo. Oh and there's some very clever chaps at the top, can't go wrong long term.

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Mac
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Re: Steinhoff shares continue to charge

9 years 11 months ago

#562298

Business Day says "...it was announced that Steinhoff had increased its stake in PSG from 18.2% to 25.04%. Two nonexecutive directors of PSG, Jaap du Toit and Thys du Toit, disposed of PSG shares worth R1.8bn to Steinhoff in exchange for Steinhoff shares."

Frankfurt listing now only quarter 4.

The share price is not much off its high but with a positive trend.

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Mac
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Re: Steinhoff shares continue to charge

9 years 10 months ago

#564599

A new high today (before falling back a little).
7938c.share
42.24% growth in 12 monhs

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Mac
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Re: Steinhoff shares continue to charge

9 years 8 months ago

#575869

Despite all the stock market turmoil and Chinese troubles Steinhoff has broken through to a new high of 8120c/share.

Latest results today show a 46% increase in profit.

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Mac
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Re: Steinhoff shares continue to charge

9 years 6 months ago

#589332

German authorities searched Steinhoff offices in the town of Westerstede on Nov. 26,. They also visited some private homes as prosecutors in Oldenburg investigate four current and former managers.

Being investigated for possible financial violations. This ahead of the Frankfurt listing on Monday. Shares fall 7% on the JSE on Friday.

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Mac
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Re: Steinhoff shares continue to charge

9 years 4 months ago - 9 years 4 months ago

#596585

Time to sell? R72.80/s

Last edit: 9 years 4 months ago by Mac.

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Mac
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Re: Steinhoff shares continue to charge

9 years 4 months ago

#596646

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Mac
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Re: Steinhoff shares continue to charge

9 years 3 months ago

#604044

Buy back? R85.3/s. ? I think so.

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naresh
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Re: Steinhoff shares continue to charge

9 years 3 months ago

#604163

Mac wrote: Buy back? R85.3/s. ? I think so.

I read last week they plan to retrench close to 1800 workers in South Africa

Also it plans to maker a rival offer for British supermarket, Sainsbury but that is a cash offer from its Europe presence and nothing to do with its JSE Listing.

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flaunt
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Re: Steinhoff shares continue to charge

9 years 3 months ago

#604167

There was an mcsi re weighting which happened close of business on monday. 143 million $ of stock was bought by foreigners. Results were good and sounding like some corporate action could be on the way.... Remember something that now that it is listed on the dax it is entitled to be rated among its peers on a pe basis.... Its a lot cheaper on valuations than some of those.

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