31
Shares / Re: Naspers
« on: December 02, 2017, 07:05:02 pm »
I've taken a good beating with NPN and SNH in November, but am hopeful that they will both have a good December..... they better

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
Just take note, he bought futures not stock.
In noob language, he's trading not investing.
In plain language, he expects a spike up (he went long) - but he will dump them very quickly when whatever he knows/expects becomes public.
Quick in and out, not long term.
Because he chooses futures, I'm pretty convinced he is very sure of his move.
He's going long as he thinks the share price will rise. May have something to do with the Amsterdam court outcome towards the end of this month. If the court ruling is what we are hoping for, we can surely assume a decent price increase.
Goldman downgrades SNH from Neutral to Sell with target price reduced from €4.90 to €3.80
I could kick myself.
Sherwood Bedding Co. Announces Strategic Investment by the Steinhoff International Holdings N.V. Group
Steinhoff had confirmed that they bought US bedding manufacturer, Sherwood Bedding, which according to the company is the 5th largest bedding manufacturer in the US. The move is part of their vertical integration plans in the US. Steinhoff’s share price has been coming up nicely since they disclosed that they are looking to list their African retails assets in a separate entity. The company is due to release their earnings on the 7th of June, any share pullback will be a good buying opportunity.