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Sasol Ltd (SOLJ)

Johannesburg
Symbol
Exchange
Currency
SOLJJohannesburgZAR
SOLBE1JJohannesburgZAR
SSLNYSEUSD
Currency in ZAR
Disclaimer
15,702
-183(-1.15%)
Closed

SOLJ Comments

has the tide turned?
where to from here?
Time to sell
Time to sell
Why?  I'm busy stocking up big time on the dips.  Oil and natural gas aren't coming down.   Unless there's a financial glitch within SOL we're unaware of it.  SSL is up by not much but still no one  out here are panicking. Are you panicking on SOL?
opec boosting
sasol a good hedge for inflation. no need for concern..
This will go up soon, VIX is dropping, confidence is growing.
Based ont the production and sale metrics, https://www.sasol.com/investor-centre/financial-reporting/business-performance-metrics. The price should be going down...
based on the sales and production metrics, https://www.sasol.com/investor-centre/financial-reporting/business-performance-metrics, the share price should be going down...i.e. the company is underperfroming... it is worse than last year this time.
hydrogen up
Trouble in the middle east
Sasol steps further into Junk credit rating, Moody rates Sasol Ba2. :(
Should i buy at 195 or wait ?
buy
gambling machine.... ding ding ding... Still don't know how the price went up. US oil inventories are crazy high.. Maybe people like to pay more for oversupply of oil.
Sasol price melts. OPEC to pump oil.
possible dividend resumption in 2023 depending on EBITDA.
Sasol suspends dividends, consequently 0 payout for investors.. https://www.bloomberg.com/news/articles/2021-02-22/sasol-calls-off-proposed-2-billion-share-sale-as-profit-triples
EPS counts for nothing if there is no dividend payout. this is the 2 consecutive year with 0 dividends.
Seems like the company contracted due to the cash sale of its assets to avoid default on debt. Debt levels are still high, almost double. The projected outlook indicates no further expansionary growth until debt levels are recuperated. With the company reliant on its assets for the production, it is unlikely revenue figures will be sustainable.
what time release?
released at 12am.
More importantly, not only that, the biggest issue is the rights issue which was avoided. Many shareholders were incentivized by it, consequently we might see a drop in the share price.
Worried about this and fossil fuel issue: https://www.moneyweb.co.za/news-fast-news/sa-to-investigate-sasol-operation-for-elevated-sulphur-levels/
latest correction estimate 170.
Correction inbound. 165
How does one assess the trading of the following day?
let's not forget Sasol was once trading at over 600. So plenty of scope
Agree, but since then, they messed (lake charles) up and also sold some assets.
Yes. Lake Charles ran over budget but is now fully operational.
They converted all thee assets into liquidity to pay off their debt and improve debt rating. Revenues will never be the same again therefore 600 will never be achieved. maybe 300 if they lucky. Currently the price move is linked to oil. it is just speculation until, dividend declaration is released.
absolutely insane spike! this is bound to correct. Where is the support? 175?
I would say lower support at 160....you have the upper now 202
😹 😹 It has already corrected, we flying now
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