Steinhoff International Holdings N.V.
ISIN NL0011375019
Gründung 1. Juli 1964[1]
Sitz Amsterdam, Niederlande
Leitung Markus Jooste[2]
Mitarbeiter 91.000 (2014/15)[3]
Umsatz 134,868 Mrd. Rand (2014/15)[3]
Branche Einzelhandel/Möbelindustrie
Website steinhoffinternational.com
Quelle: https://de.wikipedia.org/wiki/Steinhoff_International_Holdings
Möbelhersteller und Möbelhändler bei uns gelistet,...
hm mal sehen was das wieder ist, kennt das jemand ?
'This trust in Louis du Preez, Theodore de Klerk, as well as in management and directors, proved to be misplaced'.
As Warren Buffett has wisely counseled never invest in something you don’t trust.
'The Steinhoff board of directors, long viewed as one of the strongest and most dependable, has come under fierce criticism for failing to exercise its fiduciary duty. Describing the board, one fund manager stated that it was “ineffective, not independent'
It’s a buddy-buddy system, a bunch of people who know each other and have worked together for years. It strips them of their capacity to question things that don’t make sense.
Capacity
Lastly, said Styan, the Steinhoff case – and other large investigations like VBS Mutual Bank – raises questions of capacity to investigate and prosecute financial crimes.
SARS has been tightening the screws on tax dodgers, while cases like VBS and Steinhoff have thrown the spotlight on large-scale financial crime.
Styan believes Steinhoff’s tumble did not occur in isolation.
“How much of our financial system is a deck of cards that can come tumbling down at any minute?” Styan asked.
Should a major clean-up ensue, he argued, it was unclear whether there would be capacity to follow through.
In addition to the “multitude” of investigations – financial and otherwise – facing the Hawks, Styan argued that state prosecutors would face a “huge imbalance” of capacity against billionaires with large legal teams and a wide range of resources at their disposal.
https://mg.co.za/article/...-steinhoff-may-be-the-tip-of-the-iceberg/
@Berliner_:
'Sorry, but what you are doing is nothing but bashing and I am asking myself, how can someone bash the company whose valuable CVRshe is owning?? '
'Now you are a happy CVR owner! Is that not great?!! '
'Without their hard work, which means sacrificing their own free time, for the company and for the former shareholders, you wouldn't have been able now to own these valuable CVRs'
To Berliner:
You constantly talks about 'CVR's' in all your posts, but what is a 'CVR'? Can you explain more about it, because I do not know what you mean by CVR's.
I am very surprised that you can have a look in my account! I will have a talk with my broker because I do not want any person to have a look in my account. But I am happy that you warned me about this. I will not report you for this forbidden action.....
Anyway: You said 'I am the owner of CVR's' ,but I can't find them in my account. Maybe you can help me? Many thanks.
By the way : I love Berliner Bols....
Nen Resplit von 1:100 hätte den Kurs wieder in die Richtung von 1€ gehoben und dann hätte man sicherlich weiter Spaß haben können. Die Hedgis hätten auch Spaß gehabt,....
Nun egal jetzt - der Ofen ist aus. Gibt nur "fast" wertlose CVR's die nicht gehandelt werden und hier ist tote Hose,...
die vielen Protagonisten sind verschwunden und viele haben sich aus dem Staub gemacht!
Wie wäre es mit einer After-Steinhoff Party in Frankfurt?,...
Haut rein und alles Gute für 2024.
Euer lieblings Gollum Watch :)
------------- Abbinder for my best Friends und Legal-Disclaimer ---------------------
TICK,... TACK,..... TICK,.... TACK,..... ist vorbei!
alles nur meine Meinung,... ;)
keine Kauf- oder Verkaufsempfehlung,.... ;)
PS: immer freundlich zueinander sein,..
PS2: habt Respekt gegenüber dem anderem,....
Follower: 11763
Boardmember LDR(Liga Der Realisten)
"Wie wäre es mit einer After-Steinhoff Party in Frankfurt?"
Glaubst du, dass noch einer Lust auf so eine Party hätte, nachdem derjenige viel Geld oder alles mit der Steinhoff Aktie verloren hat, nur weil sie auf den/die Falschen gehört hatten und sich manipulieren lassen hatten? Vielleicht in 10 bis 20 Jahren, wenn die CVR-ler mal bisschen Dividende bekommen, wenn sie überhaupt mal was bekommen, was ich mir momentan schwer vorstellen kann. Eigentlich sehr traurig wie das Ganze hier endete, aber das Allerwichtigste ist die Gesundheit.
The 64-year-old German executive, who has not yet been named, will go on trial from Monday for helping Steinhoff's European businesses evade €26m in tax between 2008 and 2012.
The Oldenburg Court, where the trial will take place, has not yet shared much information on the charges the accused faces.
Next week's case will be the third Steinhoff trial in Germany.
Courts there have already found two Steinhoff executives guilty of fraud, in a case that proved the disgraced furniture retailer had been cooking its books for years.
Dirk Schreiber and Siegmar Schmidt, who worked closely with ex-CEO Markus Jooste, were both convicted last year. Schreiber testified that Jooste had ordered him to falsify the retailer's accounts. He was sentenced to a three-and-a-half-year jail sentence with one year suspended. Schmidt received a wholly suspended sentence of two years.
Jooste was supposed to go to trial in the same Oldenburg courtroom where Schreiber and Schmidt appeared, but didn't arrive for the start of his case.
The court later issued a warrant for his arrest over his lawyer's objections that Jooste had been blocked from leaving SA.
German prosecutors then started working on an extradition request for the former Steinhoff head.
No extradition request has yet been filed. Steinhoff entered voluntary liquidation in June last year.
Its assets, liabilities and contracts have been transferred to its unlisted successor company, Ibex.
Quelle @ https://www.southafricanlawyer.co.za/article/2024/...26m-tax-evasion/
==================================================
Not yet enough evidence against Markus Jooste to strip membership, says accounting body.
SAICA CEO Patricia Stock says the accounting body is still monitoring investigations by other regulatory bodies and will proceed once it has obtained sufficient evidence. Though Jooste resigned his SAICA membership in 2019, the accounting body refused to accept it at the time....
Quelle @ https://www.news24.com/fin24/companies/...ys-accounting-body-20240216
Quelle @ https://www.reuters.com/business/retail-consumer/...arket-2024-02-20/
Quelle @ https://bnnbreaking.com/world/south-africa/...ergers-and-acquisitions
Teil 1 @ https://www.dailymaverick.co.za/article/...der-transactions-part-one/
Die Antwort auf deine sehr berechtigte Frage lautet: "Klappe zu, Affe tot"
Ich fand allerdings, damals im Dool's Post diese Textpassage noch viel interessanter ;-)
So was auf der Börse zu lesen... na ja, ich habe schon vergessen, dass die Pusher hier nicht nur an sich selbst gedacht hatten, sie wollten hier Geld verdienen, und das dann ganz spenden. Vielleicht hat das Steinhoff Management diese Idee übers Spenden von diesen Leuten geklaut, und sie erfolgreich vor Gericht umgesetzt (WHOA)...
"Die blutleere HV gestern hat gezeigt, dass wir es mit skrupellosen, fast zombieähnlichen Kreaturen zu tun haben, die nur an sich denken und alle anderen sind egal."
Squideye, aber alles gut, man hat jetzt die wertvollen CVRs, man hat die Leerverkäufer gegrillt und man wird als ex- Steini Investor und aktueller CVR Besitzer gaaaanz reich.