Steinhoff SNH

[Fred4701]

Any opinions or views on this stock.Disgraced company but been watching it lately.Seems like they have a lot of cash.I understand they have a lot of work still to do to clean it up.

If I am not mistaken they still hold a sizeable stake in Pepkor.Volumes have been picking up recently. Just wondering if it couyld be like Tongaat and rise 5 or 10 fold sometime.

[Preston]

As long SNH has control of Pepkor , they do have a slight pulse.Plenty of Legal actions is against SNH. It will be a very long and hard road to recovery (if possible)

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@Fred4701 wrote:

Any opinions or views on this stock.Disgraced company but been watching it lately.Seems like they have a lot of cash.I understand they have a lot of work still to do to clean it up.

If I am not mistaken they still hold a sizeable stake in Pepkor.Volumes have been picking up recently. Just wondering if it couyld be like Tongaat and rise 5 or 10 fold sometime.

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. Best left alone for now.Time value of Money (time decay) could be ulitised elsewhere. Stock like (FFA, PPH, ADH, TFG and lastly CCH LN)

[Fred4701]

Thank you for that.