Steinhoff

[Ams1979]

What do you guys think of the Steinhoff and Wiese combo.

Looks like it's going to be exciting times ahead.

 

[JStrike]

What do you guys think of the Steinhoff and Wiese combo.

Looks like it's going to be exciting times ahead.

Wy? Has Wiese increase his shareholding today?

 

[Ams1979]

Basically he is providing financial backing with one of his investment vehicles to the tune of $1.8 billion.

http://www.moneyweb.co.za/news/companies

 

[Papsak]

for me, it's a tough one as I think they are sticking their fingers into so many pies - that said, they've been doing it for a while, and they seem to be good at it. Heard (so could be wrong) a forward P/E of around 12 - so not expensive. Logistics, manufacturing and retail over most continents - basically a mini EFT.

Umbrella Corporation?

 

[TEXTILE GUY]

Claas Daun still a major shareholder?

 

[Ams1979]

He is their not sure of his shareholder value. But read this morning a possibility of shoprite being added to the mix going forward.

 

[Thor]

for me, it's a tough one as I think they are sticking their fingers into so many pies - that said, they've been doing it for a while, and they seem to be good at it. Heard (so could be wrong) a forward P/E of around 12 - so not expensive. Logistics, manufacturing and retail over most continents - basically a mini EFT.

Umbrella Corporation?

Wiese was aiming shoprite since before pepkor this is definitely a perfect addition.

 

[Ams1979]

Would love to work for them so much you can learn.

 

[Thor]

ME 2!

 

[Ams1979]

They just need to add Johan Rupert to the mix then I think you will have a dream team.

 

[Bobbin]

Is it a good thing I bought some of their shares earlier this month?

 

[Sebulba]

Holy cow, i suppose if you have a good strategy at hand, what could go wrong?!?

 

[Ams1979]

Is it a good thing I bought some of their shares earlier this month?

I think they will do well going forward. Going after ikea so in the long run probably yes.

 

[Ams1979]

Holy cow, i suppose if you have a good strategy at hand, what could go wrong?!?

A lot if they don't keep the spending in check and pay pack debt accordingly.

 

[marco79]

Got me some Steinhoff at R79.44 to hold on to for a while.

 

[LawrenceK]

Can Someone PLEASE explain to me what is going on with Steinhoff's share price ? Because CLEARLY I don't understand how these things work....lol

 

[Coasti]

Can Someone PLEASE explain to me what is going on with Steinhoff's share price ? Because CLEARLY I don't understand how these things work....lol

I was wondering about the same thing today.

 

[The_Ogre]

Ainsley Holdings which is wholly owned by Steinhoff is currently offering rights. I made a thread about it over here

 

[LawrenceK]

Aaaaah Some clarity....Thank you

 

[Thor]

Is the shoprite takeover still on the table?