Steinhoff falls 15% as market reacts to glum 2017 earnings report

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Steinhoff falls 15% as market reacts to glum 2017 earnings report
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Steinhoff falls 15% as market reacts to glum 2017 earnings report | Fin24

The Stellenbosch-headquartered retailer

for the financial year ended September 30, 2017, and a net loss of €279m for the 15 months ended September 30, 2016. It is also facing mounting legal claims. also awarded millions of rands in bonusesThe group's shares have plunged by over 95% since December 2017, cutting its market capitalisation by over R200bn.

 

Fin24 Seriously? Thought this shitstock Steinhoff was on 0 already? Buying this now is like voting for the ANC.

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