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Thanks for the reply.
Steinhoff a lot of people got wrong. But read this article https://www.moneyweb.co.za/investing/psg-why-we-didnt-own-steinhoff/ and PSG who had ties with Steinhoff avoided them! How could they read the signs?
What worries me about not being able to beat the Top40/ALSI is if this is true we may as well just buy the ETFs and forget about trying to manage a portfolio. Especially if you can identify the "Dogs" and not have them in your portfolio wouldn't that enable you to beat the market? That was the reason for the Steinhoff question.
For resources the view should be only if you actively manage your portfolio and can get in and out at the right time should they be considered.
Hopefully we can discuss this more.

RES has issued a SENS notice saying profits will be up 13% this has helped. Let's see!

Well done Snapper! KIO is a winner

This is bad news for SNH shareholders https://www.businesslive.co.za/bd/companies/retail-and-consumer/2017-12-06-markus-jooste-quits-as-steinhoff-ceo/

"Steinhoff International CEO Marcus Jooste resigned on Tuesday night, ahead of the furniture retailer’s results scheduled for release on Wednesday.

The group’s chairman, retail tycoon Christo Wiese, alongside former Pepkor CEO Pieter Erasmus, will run Steinhoff until a new CEO is appointed, a statement issued at 10.45pm on Tuesday night said.

“The supervisory board of Steinhoff wishes to advise shareholders that new information has come to light today which relates to accounting irregularities requiring further investigation,” the statement said.

“The supervisory board, in consultation with the statutory auditors of the company, has approached PwC to perform an independent investigation.”

Jooste had tendered his resignation with immediate effect, and the board had accepted it, Tuesday night’s statement said."

Or maybe good news shareholders in for one hell of a ride.

NPN is flying it is a good hold at the moment. Who will be brave enough to short it?

How is the Investor Challenge going to handle the Novus unbundling from Naspers?

SHP down 5.2% so far today. The market does like the SNH deal!

Thanks  nice site Big charts