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sasol (SOL)


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#1 Investment novice

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Posted 17 September 2019 - 10:07 AM

Interesting gold not tracking oil risk

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#2 Investment novice

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Posted 16 September 2019 - 11:53 AM

Expect a short term pump with oil price hesitancy... But still expect downward pressures heading to financials due to delays, and other potential redflags.
Love this share and buying anywhere under r250. Plus minus 18 usd per share..for a long term hold....... Oil glut cyclical. Dividends subdued for limited period to reduce debt levels.
. Stating the obvious....

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#3 Snippit

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Posted 13 September 2019 - 04:02 PM

Hi

 

Any views on Sasol as a short to medium term buy?

 

Thanks in advance

 

PS: Sorry, but I couldn't find  an existing thread on SOL

 

Here it is...

Cycle degree correction appears concluded. Long term bull follows. 

 

http://www.sharechat...sasol/?hl=sasol


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#4 JK001

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Posted 13 September 2019 - 12:44 PM

Hi

Any views on Sasol as a short to medium term buy?

Thanks in advance



PS: Sorry, but I couldn't find an existing thread on SOL



Nosh, depends on your risk appetite. Head and shoulders played out and probably better to wait for a break out above 290 .

Also, am self waiting for 31 October results , am concerned about the internal auditing of financial controls. A SENS on that may cause movement either direction.

Lastly, possible pollution issues you can research and possible stronger than anticipated competition for LCCP and huge debt. Will likely not pay dividends this time around

But way undervalued because of all of above and lack in trust of management
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#5 nosh

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Posted 13 September 2019 - 11:12 AM

Hi

 

Any views on Sasol as a short to medium term buy?

 

Thanks in advance

 

PS: Sorry, but I couldn't find  an existing thread on SOL


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