Good call, still think it shall drop further - let's see.
10 points. well done
Posted 18 December 2014 - 07:11 PM
Good call, still think it shall drop further - let's see.
10 points. well done
People who think they know everything are a great annoyance to those of us who do. (Isaac Asimov)
Posted 18 December 2014 - 04:47 PM
Big bounce coming this week.... Hang on!!!
10 points. well done
'I only see, what I've learnt to see' -
Posted 17 December 2014 - 12:14 PM
Sasol doesn't follow the oil price..... The oil price follows sasol.... I hope
Waiting for shorts to start covering and relief rally into jan to kick in.... Low risk entering a long on sasol at sub R400
Topping up on LT
'I only see, what I've learnt to see' -
Posted 17 December 2014 - 11:23 AM
Posted 16 December 2014 - 07:04 PM
Edited by Ninja, 16 December 2014 - 07:08 PM.
Posted 16 December 2014 - 05:11 PM
@ninja, with Brent Crude trading at $58.90, I suspect Sasol will open lower tomorrow. Im not sure the big bounce is going to come this year. But it is due to recover and is trading at very cheap levels IMO.
Posted 16 December 2014 - 01:47 PM
Small bounce certainly not big - down trend still intact, merely a technical correction.
Big bounce coming this week.... Hang on!!!
People who think they know everything are a great annoyance to those of us who do. (Isaac Asimov)
Posted 14 December 2014 - 08:11 PM
Posted 12 December 2014 - 12:00 AM
Im going to short this bastard all the way to 35000!
Posted 11 December 2014 - 05:02 PM
Posted 11 December 2014 - 11:53 AM
Sasol is only considered a buy at about 330- , for those who were thinking of jumping in boots and all.
Read: http://www.moneyweb....s-another-knock
Posted 11 December 2014 - 11:12 AM
I will wait for trading statement in February to see effect of lower oil price on their earnings and make a call then.
Posted 11 December 2014 - 07:41 AM
Sasol is only considered a buy at about 330- , for those who were thinking of jumping in boots and all.
Read: http://www.moneyweb....s-another-knock
People who think they know everything are a great annoyance to those of us who do. (Isaac Asimov)
Posted 10 December 2014 - 12:13 PM
Sasol - its a no brainer
Posted 10 December 2014 - 11:23 AM
What is the average cost of producing a barrel of oil? Current oil price can still move down closer to that point thus SOL as well, however it should already be a great 5-8 year play? Not sure what the tech's say though?
Expect a final washout down in January for all commodities and only then would be a great buying opportunity for rest of 2015 IMO!
A
"Never never never give up!"
Posted 10 December 2014 - 10:01 AM
What is the average cost of producing a barrel of oil? Current oil price can still move down closer to that point thus SOL as well, however it should already be a great 5-8 year play? Not sure what the tech's say though?
Posted 09 December 2014 - 11:17 AM
The question now is just how low SASOL will go...
Posted 09 December 2014 - 09:45 AM
placed an order at 399... i know its cheeky but hoping it gets met.
Looks like you'll get it ..
'I only see, what I've learnt to see' -
Posted 01 December 2014 - 01:58 PM
placed an order at 399... i know its cheeky but hoping it gets met.
Posted 01 December 2014 - 01:43 PM
Should have waited for Gareth's 3rd day, but added some more to LT
Edited by hexadecimal, 01 December 2014 - 01:43 PM.
'I only see, what I've learnt to see' -