Category: Smell the blood

Our smell the blood category is about companies which are right now under difficulties. We invest there because we believe they still have chance to fix it. However, in some cases, it can take couple of years.

For this kind of investment, there is also always the chance to lose 100% of your investment. However high chances of return too.

Those investment are highly speculative.

stock price and comaps

Still a bargain – Steinhoff International Holdings NV

by laurentz

After losing almost 90% of its value at the worst on Friday the 8th – from 3€ to 0.37€, Steinhoff International Holdings NV is coming back to 0.6€ level. At HouseWifeTrading.com, we decided to bet on a recovery on the Steinhoff International Holding Stock. Here is why. Steinhoff International Holding NV is seating on solid assets : Stake in listed assets : PSG KAP Steinhoff Africa Retail Owning European property, plant and equipment Despite the solid assets Steinhoff International Holding NV is seating on, there is still a big debt to be covered. However, we are in a case where Assets value > …

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