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