Steinhoff fails to release its restated and audited results for 2017 as promised

(Taken from Twitter.)

Steinhoff on Tuesday failed to publish, as promised, it’s long-awaited restated and audited 2017 results.

The JSE-listed firm warned investors in December 2017 not to trust its 2017 and 2018 results after auditors uncovered a mass of accounting irregularities.

(Also, read: Markus Jooste will absolutely hate this book by FM Editor Rob Rose)

Shares in Steinhoff were trading at R1.99 by the end of Monday.

They rose by 1.01% on Tuesday, trading at R2.01 a share by the close of business.

The Money Show’s Bruce Whitfield was going to ask Rob Rose, the Editor at Financial Mail, to discuss the results, which never came.

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