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Online Share Trading

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Super Contributor
Jeez, doesnt make for good reading.
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15 REPLIES 15
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Contributor
what is a good price entry into this share considering the rights issue
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Contributor
What are they going to spend the money on in SA apart from deleveraging their balance sheet?
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Regular Contributor
Does this means that it is a good time to purchase more Steinhoff shares or should one stay away for the short term?
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Super Contributor
they are raising money on a very decent share price in order to invest in their business.if u trust the management team then this is a good move for the future.if u do not then they will waste it.each investor can make their own mind up
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Super Contributor
Maybe this little blip is irrelevant, have been holding since R21 with 1 huge drawdown. There is stil more than 20 years before i am gonna need the money, so i am gonna bunker down.
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Super Contributor
HAHAHAAHAHA This is so they can move overseas. They have had enough of old Julius. Poor SA
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Frequent Contributor
What will the impact be on the 14th any idea?
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Super Contributor
Ja, this is what i thought when they bought europe and everyone was saying europe be going down.
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Super Contributor
i got a feeling this is going quite a bit lower before it goes higher. Mention was made of 52.
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Super Contributor
According to my chart it today traded almost double the value that it has traded on any other single day in the last 16 years.Considering it was almost 9% down I wouldn't go rushing in.
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Valued Contributor
it was just institutions arbing the price difference .. sell at around R55 on market buy in the book build at R52 nice easy R3 profit ..
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Super Contributor
Napkin calc says price $ 4,83 x 10.75 = 51.92 & Euro price is 3,54 x 14,62 = 51.76 Today price = R 55.3 Does not make cents? Why buy?
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Frequent Contributor
Would you short then at these prices
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Frequent Contributor
Simon went short, what is the date to anticipated to pick up shares at R52
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New Contributor
At Koos: Rights issues are always at a discount otherwise no incentive to subscribe. What I understand is the rights offer on JSE is to shareholders in Steinhoff not the open market. Simon: Please explain how they are arbing the R3 difference. Surely they can just sell their rights for R3 next Thursday?
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