@davidshapiro61 Ha ha - I thought it had something to do with low orbit flying and no disclosure who the financial backers of the project are. 🤨
English
Clifftop CorpFin
27 posts
Clifftop CorpFin
@ClifftopCorpFin
M&A, Capital Raising
Cape Town, South Africa Katılım Ekim 2017
126 Takip Edilen8 Takipçiler
@davidshapiro61 Does anyone know why the project was called Zuma?
English
Clifftop CorpFin retweetledi
Older investors will remember Christo Wiese's Pepkor almost sinking in the mid eighties when PW's Rubicon speech smacked the Rand. Pepkor had big $ loans. It was touch and go for a while - but Pepkor pulled through. The 'restructuring' of Steinhoff seems way more daunting...
English
Hear hear. twitter.com/jse_group/stat…
JSE@JSE_Group
The JSE Group has not suspended trading in #Steinhoff shares to protect the interests of investors, as it would be detrimental to prevent them from trading #Steinhoff shares on the JSE whilst they still trade on Frankfurt Stock Exchange. Media statement: bit.ly/2Au9w9D
English
Poco says #Steinhoff is only 50% shareholder, it’s finances are in order and it is independently sustainable. Distances itself from its shareholder. manager-magazin.de/unternehmen/ha…
English
So the market has now found a trading range for #Steinhoff. Good work @JSE_Group for keeping your sanity. Let the market find a price as ownership shifts massively from one type of investor group to another. @LindsayBiz
English
Would you rather have a great cash generating business in a junk rated geography, or a not so great business in an investment grade country? Rating agencies have an interesting view on business... twitter.com/fin24/status/9…
News24 Business@News24_Business
Steinhoff woes mount as Moody's downgrades retailer by four notches fin24.com/Companies/Reta…
English
The timing of this transaction ahead of EOH’s voluntary announcement yesterday should raise eyebrows.@JSE_Group twitter.com/jse_sens/statu…
JSE_SENS@JSE_SENS
EOH Dealings in Securities by an Associate of a Director bit.ly/2iE2Cn6
English
So the cash flows from Africa will support the folly of European and US expansion. twitter.com/jse_sens/statu…
JSE_SENS@JSE_SENS
SNHE Ad Hoc: Steinhoff Update On Market Concerns Following Delay In Audited Results Due To Further Investigati... bit.ly/2ivsdOV
English
Clifftop CorpFin retweetledi
If Bitcoin crashed 90% from its current level ($13,200), it would still be (at $1,320) 36% higher than where it started the year ($968). $BTC.X
English
@WayneMcCurrie On company level the debt ratios look more than sustainable. So if you are insinuating that the drop was driven - besides shorts - by geared equity holdings, now being called in, wouldn’t this point to a substantial buying opportunity?
English
very clever @janvnrecm . That also defines the opportunity. twitter.com/janvnrecm/stat…
English
Why are so many companies successful in South Africa, repeatedly wrong-footed internationally? #Steinhoff twitter.com/jse_sens/statu…
JSE_SENS@JSE_SENS
SNHE Steinhoff Announces Investigation Into Accounting Irregularities And Resignation Of CEO bit.ly/2jjfJL3
English
Clifftop CorpFin retweetledi
After a very successful China Lit IPO, Tencent now buys 10% of Snapchat Hld company Snap. No stopping these guys @Naspers
English
This is very poor given inflation/interest rate & Rand. Historically JSE has done better. Private asset returns have been much better lately twitter.com/richards_karin…
Karin Richards@Richards_Karin
JSE AllShare closes above 60,000 for the first time ever. It has taken 10 yrs to double. A compound annual growth rate of 7% (ex dividends)
English
Interesting response to this tweet. @SmallTalkDaily can you elaborate? twitter.com/pietviljoen/st…
English