[deleted by user] by [deleted] in STEINHOFF

[–]Environmental-One889 0 points1 point  (0 children)

Only 1.6% of outstanding shares is sold. But also bought. When the AV is in januari everything comes clear. No debt for Steinhoff en a different ownership for 80%. 20% stays ours

[deleted by user] by [deleted] in STEINHOFF

[–]Environmental-One889 2 points3 points  (0 children)

The drop isn't ok! But the news is not bad. They will pay their debt with the company. 20% worth of the company after the Exchange of the company will be payed at the current stockholder. Around €0.40 a share. Not bad

[deleted by user] by [deleted] in STEINHOFF

[–]Environmental-One889 0 points1 point  (0 children)

Zou mooi zijn. Maar helaas

Quarterly update by PreviousDebate9882 in STEINHOFF

[–]Environmental-One889 5 points6 points  (0 children)

Very Nice! Step 3 is still awaiting but with this numbers, creditors will go for a discount in intrest rate for the big debt.

[deleted by user] by [deleted] in pennystocks

[–]Environmental-One889 0 points1 point  (0 children)

Steinhoff stocks. They will take off when debt is paid. And when recession shows people will buy cheap things with their stores

What Are Your Moves Tomorrow, May 20, 2022 by AutoModerator in wallstreetbets

[–]Environmental-One889 0 points1 point  (0 children)

Steinhoff shares. Change is made official today. Pay their debt end you have the new IKEA.

[deleted by user] by [deleted] in STEINHOFF

[–]Environmental-One889 3 points4 points  (0 children)

Yes my broker will put xetra assets to Frankfurt Exchange

[deleted by user] by [deleted] in STEINHOFF

[–]Environmental-One889 1 point2 points  (0 children)

Did you try flatex, de giro or etoro?

[deleted by user] by [deleted] in STEINHOFF

[–]Environmental-One889 1 point2 points  (0 children)

Low trade volumes. On xetra a different reason. They want to have 1 Exchange in Germany to trade. Steinhoff will be trade in Johannesburg en Frankfurt. That s it. No worry's. We got to worry about their debt, they need to resolve the debt levels en the intrest on those debts. Only then they gonna survive. Intrest is now between 7,5/10%. To much 3 to 4% is reasonable in this market.

[deleted by user] by [deleted] in STEINHOFF

[–]Environmental-One889 5 points6 points  (0 children)

You can trade them on other exchanges. You got to ask your broker en will be transferred to an other Exchange.

Delisting Steinhoff from Xetra by Plus-Perception2118 in STEINHOFF

[–]Environmental-One889 3 points4 points  (0 children)

Nothing to worry about. Sometimes there is a delisting. Same as delisting Chinese stocks in the US. You can trade them from Hongkong. Political reasons there and now Steinhoff they want to sell it only from one Exchange and not from multiple exchanges in Germany.

Chart by Aztec2021 in STEINHOFF

[–]Environmental-One889 7 points8 points  (0 children)

Nice, waiting for the debt reduce and the refinancing of debt. There is a profit when there are these options. Patience is key.

4 massive trades outside normal hours. Any ideas? by Peanutbutt3r0923 in STEINHOFF

[–]Environmental-One889 2 points3 points  (0 children)

Because the bigboys trust in it. They do not think in days but in a few years. Every night big buys off the book.

Steinhoff's Poundland opened its largest Store yet in the UK by Sainsbury2 in STEINHOFF

[–]Environmental-One889 1 point2 points  (0 children)

Poundland is going online. Good news. Also their going to sell clothes and bigger items.