🤯 Really? Steinhoff? +40% and top 3 among the most traded stocks in the community?
📊 Maybe things are not so bad anymore for the company, which has become known in the media mainly due to an accounting fraud scandal? After all, sales in the last 9 months are 15% higher than in the previous year, but this is also due to the poor figures of the previous year because of the lockdown.
🚀 But the figures are certainly not the reason for the jump in the share price. The stock market is expecting a positive outcome in the vote on settlement packages on September 03 and 06. Should an agreement be reached with investors here, this would take some pressure off the Steinhoff share.
🤓 I personally don't think much of such "gambles" but like to enjoy the show with a bag of popcorn on the sidelines. 🍿
😉 But what about you guys? Are you guys in on Steinhoff?