Hot Stoxx - Steinhoff

[kwagga]

What do you guys think of Steinhoff. Not a very exiting business, but they have a top exec in Marcus Jooste and they are expanding at quite a rate. They just seem to be one of the movers and shakers on the JSE. Much like the Aspen's, Shoprite's and Capitec's of the world. This share is one that should be in every long term investors portfolio.

[topgun]

Currently being rerated and on a steady uptrend - 12-month rolling forward PE <8 is still cheap on both a relative and absolute basis. One of the most undervalued shares in the large cap universe. Ideal for a sizeable CFD exposure on a 6-month view. Only my opinion of course.

[ndabs]

bought some at the recent pullback and like you say holding for a very long time.

[Major]

Have held for 8 years, and won't be selling anytime soon. Nice steady earner.

[partridge]

I wish I could get my poor little mind around the strategy. Vulnerable to interest increases ( well I know that won't be tomorrow)