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#1 JR7800

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Posted 23 September 2021 - 07:20 AM

https://www.news24.c...-first-20210923

 

( I don't have subscription to news24 so not 100% sure what entire article says)

 

 

Sasol aims to restore its dividend, as soon as it is confident it can do so on a sustainable basis, according to chief financial officer, Paul Victor.

 

 

 

https://www.news24.c...siness-20210922

 

"[Lake Charles] is a substantial growth engine going forward," he added. The plant has also been delivering against objectives - reporting good cash flows in the last quarter it generated $80 million in ebitda. "Yes, chemical prices are going down, but between R500 million and R700 million a month is what that asset produces," he said.

 

Lake Charles - (AKA - Sasol se GAT) also seems to be making some DOLLAR$ for us.

 

 

Sasol seems to be making the right noises. Hopefully we can look forward to share price north of R300 and a dividend in the not to distant future. :) 

Sasol aims to restore its dividend, as soon as it is confident it can do so on a sustainable basis, according to chief financial officer, Paul Victor.


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#2 CasualTrader

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Posted 16 August 2021 - 09:48 AM

I assume the market was expecting a dividend. Dropping quite heavily.


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#3 JR7800

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Posted 06 August 2021 - 08:15 AM

https://www.moneyweb...dium=Indicators

 

Nice update but no dividend :(


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#4 JR7800

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Posted 03 August 2021 - 10:23 AM

Oil giant BP ups dividend and confirms share buybacks as it posts better-than-expected profit

 

If only Sasol can follow in the same way we can make some money down the line. All due to higher oil prices and hopefully no more major losses on LC.


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#5 JR7800

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Posted 21 July 2021 - 12:50 PM

This take sees more to come..

https://www.tradingv...eEssedrM-SASOL/

 

I really hope it is wrong. R130 to R150. I can see it drift back to R180 to R190 on no news and a bit of a pullback in Oil to $60-$63 per barrel. Will go high again if they can give a good set of results (even from low base) and hopefully some positive news from LC for a change.

 

Will have to wait and see.


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#6 Snippit

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Posted 21 July 2021 - 11:57 AM

Sasol over 7% down. What am I missing here?

 

This take sees more to come..

https://www.tradingv...eEssedrM-SASOL/


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  2. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  3. Vultures circle hereabouts. Give them control and say goodbye to your money. 
  4. Learning links: http://swrict.blogspot.com/2018/11/trader-links.html

 


#7 JR7800

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Posted 15 July 2021 - 03:38 PM

Sasol over 7% down. What am I missing here?


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#8 RBM

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Posted 02 July 2021 - 04:59 PM

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#9 nosh

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Posted 08 March 2021 - 10:22 AM

https://twitter.com/...3736445952?s=20

 

 

 


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#10 DeltaHedge

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Posted 05 March 2021 - 11:53 AM

Well my 2c turned out to be absolute BS.... :unsure:

Have a great weekend peops...

 

the guys who piled in at 23 bucks, cash flush right about now.


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#11 soutie

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Posted 26 February 2021 - 04:40 PM

Results are out.... some gonna take the money...Futures close out on the horizon where numbers need to be massaged to get further up the fund list.

Agree rights issue is somehow not receiving the attention it did when it was on the table. But yeah some peops taking the spoils of which there's lots.

Will wash through but the wild swings of 8-15% are a thing of the past (I Hope) back to a slow grind higher with currency & oil price blips along the way.

My 2c

Well my 2c turned out to be absolute BS.... :unsure:

Have a great weekend peops...


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Anyone need a heads up...!


#12 Leadingedge

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Posted 26 February 2021 - 11:56 AM

Ouch is all I can say...this week has not ended well.


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#13 Leadingedge

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Posted 24 February 2021 - 10:45 AM

Very healthy recovery today so far, I was starting to get very uncomfortable with sinking so far into the red. Wish KIO would follow on after their stellar trading update yesterday.


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#14 Leadingedge

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Posted 23 February 2021 - 01:10 PM

Not looking good today...wonder if people are panicking ahead of the budget speech tomorrow.


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#15 soutie

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Posted 23 February 2021 - 09:00 AM

Results are out.... some gonna take the money...Futures close out on the horizon where numbers need to be massaged to get further up the fund list.

Agree rights issue is somehow not receiving the attention it did when it was on the table. But yeah some peops taking the spoils of which there's lots.

Will wash through but the wild swings of 8-15% are a thing of the past (I Hope) back to a slow grind higher with currency & oil price blips along the way.

My 2c


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#16 nosh

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Posted 22 February 2021 - 08:53 PM

To my untrained eye it appears as though there is a bit of a resistance level around the R200 mark...I was really hoping it would break through this morning, but no such luck.

 

Maybe there is a delayed response tomorrow, today in general was not a good day for my portfolio.

Think so too - that it was mostly market sentiment that kept it down. Hoping that tomorrow will be a better day. I really doubt that the "no rights issue" was fully priced in.


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#17 Leadingedge

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Posted 22 February 2021 - 06:41 PM

Hmmmmm. Peculiar. No change in price. Come on USA. Wake up and smell the SENS.

 

To my untrained eye it appears as though there is a bit of a resistance level around the R200 mark...I was really hoping it would break through this morning, but no such luck.

 

Maybe there is a delayed response tomorrow, today in general was not a good day for my portfolio.


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#18 new john

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Posted 22 February 2021 - 03:53 PM

Hmmmmm. Peculiar. No change in price. Come on USA. Wake up and smell the SENS.
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#19 soutie

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Posted 22 February 2021 - 08:11 AM

Haven't read the longer version cos me thinks the short form version is more than good enough....& yeah NO rights issue..... ;)


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#20 nosh

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Posted 22 February 2021 - 07:44 AM

NO RIGHTS ISSUE!!!!!!


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