Steinhoff shares

Mac
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Re: Steinhoff shares continue to charge

8 years 10 months ago

Steinhoff buys out British retailer Poundland for near nearly 600 million pounds. Poundland is a British variety store chain that sells most items in its stores for £1. I find this an odd store to fit into Steinhoff's strategy. Perhaps they want its distribution?

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CnC 306
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Re: Steinhoff shares continue to charge

8 years 10 months ago

#625473

well they do own Pep Stores so yes it fits in well

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Mac
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Re: Steinhoff shares

8 years 8 months ago

#634846

What on earth is happening to this share price? It lost another 2% yesterday. It has shed 25% since end August. It has fallen through my policy price to sell and I am still holding, grrrr.

www.google.com/finance?q=jse%3Asnh&ei=l-fpV9iwAsa-U7rpoMgD

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TNaicker
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Re: Steinhoff shares

8 years 8 months ago

#634982

Mac wrote: What on earth is happening to this share price? It lost another 2% yesterday. It has shed 25% since end August. It has fallen through my policy price to sell and I am still holding, grrrr.

www.google.com/finance?q=jse%3Asnh&ei=l-fpV9iwAsa-U7rpoMgD

@Mac...maybe premiums paid for acquisitions may be difficult to recover...and most growth for some time through acquisitions and not organically...so concerns about long term earnings prospects...

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Karma
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Re: Steinhoff shares

8 years 5 months ago

#644952

Shoprite and Steinhoff in merger talks to form retail giant

www.fin24.com/Companies/Retail/shoprite-...etail-gaint-20161214 ?

shared via @Fin24

Are you living your life or waiting to die?

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Magi
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Re: Steinhoff shares

8 years 5 months ago

#644983

Karma wrote: Shoprite and Steinhoff in merger talks to form retail giant

www.fin24.com/Companies/Retail/shoprite-...etail-gaint-20161214 ?

shared via @Fin24

I bought SNH at R64 recently.... was gloating at my 13%....now lost ground

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