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#1 Midas1

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Posted 08 October 2019 - 12:15 PM

Hi Soutie,,been such dire time with retailers, banks world disruption,,I think commodities and tech and chemicals where it's at.. but who knows..long term think you could do lot worse than sol...good luck...I have no faith za economy so even if retailers bank do slight up still not interested....I wouldnt be keen touch sol on cfds it behaves too emotionally 😁
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#2 soutie

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Posted 08 October 2019 - 10:34 AM

Have a close eye on this one yet not too focused on the TA/charts side of the equation....news flow directing this now me thinks...Lake Charles & also potentially off-loading their SA interests (well some of) Still tied to oil price swings but I is buying for long term..hope I'm not in the throws of bottom picking....Been there.... :ph34r:


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#3 Snippit

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Posted 07 October 2019 - 09:44 PM

JSE Sasol daily chart produces a 1.618 extension of the Intermediate (A) wave, but is it sufficient to produce the belated trend change? 

 

https://jsecharts.bl...-sasol-sol.html

 

sol-d-071019.png

 

enim apes volant?


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#4 Snippit

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Posted 23 September 2019 - 03:19 PM

JSE, Sasol, SOL (updated)

At the afternoon session the 15 minute review has closed the gap and is rewarded with a rising channel. An enforced recount has a leading diagonal for Minor 1

 

https://jsecharts.bl...-sasol-sol.html

 

sol-15-230919b.png

 

adeptus


Edited by Snippit, 23 September 2019 - 03:20 PM.

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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#5 Snippit

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Posted 23 September 2019 - 10:00 AM

 JSE, Sasol, SOL
Sasol would appear to be concluding Minute wave [iv] of Minor wave 3 with the closing of the gap. I expect Minute wave [v] to push Minor wave 3 with target of wave 3 = 1.62 wave 1

 

 

https://jsecharts.bl...-sasol-sol.html

 

sol-60-230919.png

 

 

emptio

 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#6 Snippit

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Posted 28 August 2019 - 09:03 PM

JSE, Sasol, SOL
This weekly chart of Sasol sees a turning point of prospective significance.

https://jsecharts.bl...-sasol-sol.html

 

sol-w-280819.png

 

sequitur dux tua,  et ipse descendit


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#7 Midas1

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Posted 24 May 2019 - 12:52 PM

Im sitting with sasol equities down about 10 percent..sold half of them couplemonths ago...nothing i can do with remainder except wait...oh well
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#8 soutie

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Posted 24 May 2019 - 09:39 AM

Holding off here could be advisable given the size of the project...Waiting to see if /when all aspects of the plant are up & running as per design.

These mega projects nearly always have teething troubles & I don't want to compare apples & rocks but Medupi is experiencing exactly the same issues ie..design flaws & poor management oversight consequently substantial cost over runs. It may seem a bargain now but in my experience this will get cheaper. Look at some of the numbers first is all I'm saying Lake Charles is nearly 60% of their market cap if something else goes wrong debt covenants are going to be mentioned & the shorter brigade will pounce. & how long have they sat on this....?

My 2c....


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#9 _rookie_

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Posted 24 May 2019 - 09:29 AM

Thank you Snippit, will be watching this one. Opportunity during despair. 


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#10 Snippit

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Posted 23 May 2019 - 05:35 PM

JSE, Sasol, SOL (Weekly)
This weekly chart of Sasol displays the Cycle C1 or I. Unless the price action is prevented from finding a lower low it will appear that Cycle wave C2 or II is still active. Targets for II are indicated. 
The previous projection for WTI is linked here: WTI Futures, Crude Oil ($US/bbl)

 

https://jsecharts.bl...sol-weekly.html

 

sol-230519.png

 

adepto praeunctus


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#11 Midas1

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Posted 23 May 2019 - 04:47 PM

Also brent hone for loop at moment not helping
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#12 _rookie_

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Posted 23 May 2019 - 04:09 PM

SOL getting punished, when the dust settles this could be a buy again for the long run. Still a good company. Markets getting hammered here in late May. Sell in May and go away.


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#13 CrescoRSA

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Posted 22 June 2017 - 10:42 AM

Share always seems to bounce from these levels...reckon that could happen this time round? The oil price has come off sharply as of late, and the ZAR seems to take political noise seriously for a week or so, then gets back to its strengthening path.

Looking to take a punt at these levels now, but for some reason, IMO, I think it could creep lower. Under R350?

Any input on the Oil Price in general? At this rate, it looks like there's a better chance of it reaching $40 than back up to $60

Now that the ZAR back on its strenthening path...and Oil getting closer to $40
This is the time when I hate the market haha Want to add to my position at these levels. But the Oil dropping and ZAR strengthening. This one should surely be dropping to R300 levels, if not lower imo


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#14 CrescoRSA

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Posted 21 June 2017 - 07:27 AM

Amazon has a PE of 186. For today 2.1 Million shares have traded thus far, do you think those people care about PE Ratios?

Yeah - The PE is irrelevant of back then, and even now.

If you're a trader, its a good one to get in and out of to make a little money, as its pretty much been doing the same thing for some time now. I don't have time for that, I buy to hold long term. I have a very small handful, which I got the first time around it hit R360. Looking to get some more, but my personal opinion is that this one should be hitting between R300 - R320 

But yes, this is the market we talking about - There is no manual  :P


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#15 SnoopDD

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Posted 20 June 2017 - 05:14 PM

Why wouldn't it?

 

Amazon has a PE of 186. For today 2.1 Million shares have traded thus far, do you think those people care about PE Ratios?


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#16 carlosthejackal

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Posted 20 June 2017 - 04:54 PM

Why would that matter?

Why wouldn't it?


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#17 CrescoRSA

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Posted 20 June 2017 - 04:44 PM

SOL in 2009 R252/Share

My point exactly!! 


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#18 SnoopDD

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Posted 20 June 2017 - 04:34 PM

Any idea what the PE was in 2009?

 

Why would that matter?


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#19 carlosthejackal

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Posted 20 June 2017 - 04:26 PM

SOL in 2009 R252/Share

 

Any idea what the PE was in 2009?


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#20 SnoopDD

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Posted 20 June 2017 - 03:21 PM

SOL in 2009 R252/Share

 

 

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