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Surely the share should be suspended? That was one of the reasons I got out...and lost mucho dineiro.

was the sale of the shares not a forced sale by the lenders who held his shares as security?

Yes, those were shares lodged with banks as surety for financing the business. As a result voting pool drops to below 30% - breaks voting pool control over Steinhoff.

ABinbev, Shoprite, Discovery, Aspen, NPN.

Quote from: Jay on December 17, 2017, 11:44:16 am

Thoughts for a long term hold?

As an experiment I recently (like a week ago) bought this (even split 10 ways):

AVI   AVI Ltd.
BVT  Bidvest Group Ltd
CLS  Clicks Group Ltd
SHP  Shoprite Holdings Ltd
DSY  Discovery Ltd
NPN  Naspers Limited
CPI   Capitec Bank Holdings Limited
KIO   Kumba Iron Ore Ltd.
RES  Resilient REIT Limited
SRE  Sirius Real Estate Ltd

So far NPN has lost me money :p

Interesting choices - I hold 4 on your list of which 3 are showing profits of + R 240,000 and the 4th R 68,000 but then I have had it in my portfolio for a much shorter time than the others.
Also look at Cashbuild it too is giving me a paper profit of over 1/4 million Rand
I see in early trading Capitec took a big smack this morning but seems to have recovered a bit

Wow, Discovery has been hauling the past few days

The top 6 had to be chosen from both factions so as to not split the ANC. They can now reconcile.
It is inevitable that the rand will weaken as traders book profits in the short term.

Orca, CR is going to have a hard time. http://www.sharenet.co.za/views/From-The-Dealing-Desk-191217/22956934f395ab85403706d299f65cfc?from=2
Reconciliation? I think they will thwart him at every turn.

Read and weep ..
https://www.dailymaverick.co.za/article/2017-12-19-trainspotter-how-the-anc-managed-to-birth-the-ramabuza-monstrosity/