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sasol (SOL)

Started by nosh , Sep 13 2019 11:12 AM

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242 replies to this topic

#241 Snippit

Anti-deluvian

Members
1,502 posts

LocationGondwanaland

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

Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
Vultures circle hereabouts. Give them control and say goodbye to your money.
Learning links: http://swrict.blogspot.com/2018/11/trader-links.html

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#242 JK001

Advanced Member

Members
329 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