Jump to content


Photo
- - - - -

sasol (SOL)


  • Please log in to reply
8 replies to this topic

#1 nosh

nosh

    Little Master

  • Senior Member
  • PipPipPipPip
  • 609 posts

Posted 23 October 2019 - 12:51 PM

Old story: https://www.biznews....-listing-threat

 

Been flagged as at risk of suspension. How the mighty lose the plot. Lazy, stupid, arrogant, typical? 

 

Wreaks of incompetence but the probability of large scale corruption glows in every African sunset.

also from twitter - https://twitter.com/...629789043568640

as far as i know there was a report issued by IHS that Sasol's new ethane to ethylene cracker at Lake Charles is still only operating at 50%. I haven't seen the report and looks to be dated the 18th


  • 0

#2 Snippit

Snippit

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,245 posts

Posted 23 October 2019 - 11:20 AM

Old story: https://www.biznews....-listing-threat

 

Been flagged as at risk of suspension. How the mighty lose the plot. Lazy, stupid, arrogant, typical? 

 

Wreaks of incompetence but the probability of large scale corruption glows in every African sunset.


  • 0

"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

 

 


#3 nosh

nosh

    Little Master

  • Senior Member
  • PipPipPipPip
  • 609 posts

Posted 23 October 2019 - 10:58 AM

Any one have an Idea why it is down almost 8% for the day?

Cadiz report speculating lower dividends - from twitter chats


  • 0

#4 JR7800

JR7800

    Member

  • Members
  • PipPip
  • 104 posts

Posted 22 October 2019 - 04:13 PM

Any one have an Idea why it is down almost 8% for the day?


  • 0

#5 Investment novice

Investment novice

    Master

  • Members
  • PipPipPipPipPip
  • 891 posts

Posted 17 September 2019 - 10:07 AM

Interesting gold not tracking oil risk

Sent from my SM-G950F using Sharenet Sharechat mobile app
  • 0

#6 Investment novice

Investment novice

    Master

  • Members
  • PipPipPipPipPip
  • 891 posts

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....

Sent from my SM-G950F using Sharenet Sharechat mobile app
  • 0

#7 Snippit

Snippit

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,245 posts

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


  • 0

"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

 

 


#8 JK001

JK001

    Advanced Member

  • Members
  • PipPipPip
  • 328 posts

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
  • 0

#9 nosh

nosh

    Little Master

  • Senior Member
  • PipPipPipPip
  • 609 posts

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


  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting