299 replies to this topic

[Midas1]

Thanks Soutie and IN going look at this tommorrow again with a fresh head..

[soutie]

On a T/A point a close below R224 area today would indicate a move towards previously noted R216 area IMO.

 

Gonna get nasty......

 

Yip there it is R224 now resistance 

Edited by soutie, 10 February 2020 - 04:46 PM.

[soutie]

SASOL LIMITED ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Sasol Limited and Encourages Investors to Contact the Firm



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If this is correct then I would expect a SENS announcement tomorrow already.....!

& on what grounds....?

[Midas1]

Ok..I shorted it today but bought back allready..wasn't sure what was up

[Investment novice]

SASOL LIMITED ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Sasol Limited and Encourages Investors to Contact the Firm



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[Investment novice]

No way.... Whats going on

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[Investment novice]

Not sure, sentiment based on oil price, not sure if there is a sens due in coming days and weeks on legal challenge from those holding adrs... Would be a bargain based on 7x multiple.. Wohld be better if 5x multiple

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[soutie]

Firmly in the clutches of the shorter brigade....Cup those balls & hang on 10yr low of circa R216-7

 

Bargain or foolish bottom picking.....Come on what say ye band of "investors".....?

 

I'm for bargain...Just scratching for some spare cash....

[Investment novice]

How low can this go

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[Snippit]

Would we expect this share to be under longer term pressure if lawyers can point to management irresponsibility.... Excluding oil fluctuation, company debt, and earnings fallout???
Any technical assessments?
 

 

JSE, Sasol, SOL

With no other consideration than the lines on this image below please observe with me and check the Cycle degree correction consisting of Primary waves [A], [B] and [C].

Whilst wave [C] has within it a wave pattern of 5-3-5 with the second 5 slightly extended against the first 5. Then the final movement of the [C] wave indicates a divergence with the low lying RSI.
These things strongly suggest that the end point for [C] is quite closely hereabouts.
And so does the alignment of [C] with [4]. And so does the Fib ratio of the extension of [A]. 

 

https://jsecharts.bl...-sasol-sol.html

 

 

amici fures nequam et

Edited by Snippit, 03 February 2020 - 11:10 AM.

[Investment novice]

Would we expect this share to be under longer term pressure if lawyers can point to management irresponsibility.... Excluding oil fluctuation, company debt, and earnings fallout???
Any technical assessments?



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[nosh]

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

Marco Olevano, CFA

@MarcoOlevano

Replying to

@Richards_Karin

and

@zamarcashton

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

[Snippit]

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.

[nosh]

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

Cadiz report speculating lower dividends - from twitter chats

[JR7800]

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

[Investment novice]

Interesting gold not tracking oil risk

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[Investment novice]

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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[Snippit]

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

[JK001]

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

[nosh]

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