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SSL Should be a Take Over target Buyout Target at this market cap with those strong revenues earnings cash flows trading way to cheap down here
No comments here in a while.
[url][/url][tag]https://ih.advfn.com/stock-market/NYSE/sasol-SSL/stock-news/84391894/sasol-delivered-a-good-set-of-results-for-the-six[/tag]
Main two take-a-ways:
-No rights issue!!!
-Suspension of dividend remains in effect.
JUST IN: $SSL Sasol to Host an Investor Update on 2 December 2020
Sasol to Host an Investor Update on 2 December 2020 PR Newswire JOHANNESBURG, Nov. 9, 2020 JOHANNESBURG , Nov. 9, 2020 /PRNewswire/ -- Sasol will be hosting a virtual investor update, followed by Q&A on Wednesday, 2 December 2020 . The key focus...
Read the whole news SSL - Sasol to Host an Investor Update on 2 December 2020
This one should be a lot higher.. making good moves .. a well run company.. ten soon !
BREAKING NEWS: $SSL Sasol invites interested parties to partner for the development of CO2 utilisation technologies at its SA operations
JOHANNESBURG , Sept. 4, 2020 /PRNewswire/ -- Sasol is committed to reducing its overall impact on the environment and is developing and implementing on our climate change mitigation response to enable long-term resilience of the company through an updated strategy, Future Sasol and l...
Got this from SSL - Sasol invites interested parties to partner for the development of CO2 utilisation technologies at its SA operations
'Mikey', I AM Long here! I know this will indeed Dounce Back! ..What I do is Buy the initial chunk to lock-in, then I play around with monkey money to pick up some small change here and there, which does adds up!
As we all know, this company isn't like a PINK-SHEET, it's just getting a market spanking like all the other tons of good stocks throughout the market.
In fact, this stock shows a history that averaged in the mid $25 range for years! That's where it's at home! ..And it "WILL" be returning back "Home" in due time!
Right now, it's getting its "ASK" kicked!
but I expect it will be kicking "ASK" soon enough!
Now, as for the Stock you've mentioned, which averaged under $5 for over half a decade to then suddenly run to up over $20 in just last Thursday's market, I'm already holding a recent short position in that stock! Albeit Cautiously!
But today I've been looking at it for the best Covering price!
could you do me a favor and go long on
WKHS at 19.42..........I'd love to pick some up at 15-16 area, lol
after reading your response......I want to shoot myself or at the very least, punch myself..........thanks for dropping by!
Hello 'Mikey', I short stocks all the time! I used to always play on the BULLS side of the fence! But also notice that I'm always ending up on the losing side the fence!
yeah I know, now I can be chastised on poor choices, failed strategies, Inexperience (Or just Stupidity)
but whatever the case, if I'm always losing money playing in the BULLS's Pen!, then the opposite effects SHOULD BE with the BEARS!
Meaning that the BULLS win only of the BEARS Lose and Visa Versa!
Therefore if my market thinking pattern, my market sense of reasoning, my market fears and gut instincts are all that causes me to ultimately lose with the BULLS, then perhaps the opposite must be relatively more applicable with the BEARS!
And so, I've tried it and been successful ever since!
Albeit quite confusing and even quite mind boggling with trying to understand WHY does this work for me, it nonetheless works!
However with further studies, I've learned that the market have gravity! ..in other words, it's always more "Weighted" for a fall than it is to rise!
There's always more losers than winners!
There's always more TAKERS than GIVERS!
This is the nature of the capitalist system that we live in!
The Stock Market is just a byproduct of it!
This is WHY there's more BEARS than BULLS! Because the Bears are the Takers and the Bulls are the Giver!
In other words, People are always more inclined Cash-OUT than to Cash-IN!
This is WHY I kept Losing on BULL plays! Whereas in order for the BULLS to succeed, it would requite a steady "INPUT" of capital into one's position!
truth is, there are more people Exiting/Closing/Holding their market positions than Expanding and/or Creating new ones!
Even when looking over the Market, if one were to average out the numbers of Tickers that have since gone to hell, (Literally), it would be about, say 75%
This means that the odds of the market averaging within the Bears territory is much higher than that of the Bulls!
So even on a BAD 'BEAR' DAY, one's average would be 'BULL' of Fun!
So even though my Short position here is currently upside down, the BEARS always have their day in the midst of all the BULL!
(All Pun's were intended)
how's that working out for you? This your first short?.....first time to attempt this?
* * $SSL Video Chart 06-12-2020 * *
Link to Video - click here to watch the technical chart video
we'll see if WLK or COP want to get a lil % of LCCP plant.......a possibility, or they may have to do a secondary offering up the road to offload some of that debt load
Plus... the chart has been consistently strong with the Bulls rolling.
I hope so for your sake..lol, but the Bulls are so much in control, it’s gonna be tough to pull out for me.... personally just my opinion from reading into Sasol, (I live 3-5 miles away from their LC plant) and it seems that a neighboring facility is gobbling up shares and claiming a stake in a hurt company... possibly future takeover? We will see
out yesterday at 9.42........we'll see if I timed it right.......lol
Yessir.... in @ $2.5
* * $SSL Video Chart 06-02-2020 * *
Link to Video - click here to watch the technical chart video
Sasol's audited FY20
results will be announced on Monday, 17 August 2020.
Not too sure about the bad earnings reports coming out this week...... not looking good
Good analysis Clay..thanks!
i'm glad things are good for you!
Can it get to $1.36 again?...Dont hold your breath, lol
Yeah...also it was 20$+ 3 months ago and 30$+ 1 yr ago...." can it get there again?"
Sure... way way undervalued at these levels
This was $1.36 in March. Can it get there again?
Yeah this is way under valued .. bought today
"Shoulda held longer" sold to early, but hey profit is profit lol
+$$$ SSL
Results posted; targeted for additional trades.
* * $SSL Video Chart 04-07-2020 * *
Link to Video - click here to watch the technical chart video
Looking good.....
Well, wth.......decided to do a lil trading again......in SSL last week.......1.89 avg
News: $SSL Sasol's Lake Charles Chemicals Project (LCCP) Ethane Cracker Successfully Replaces Acetylene Catalyst and Increases Ethylene Production Rates
JOHANNESBURG , Dec. 17, 2019 /PRNewswire/ -- Sasol is pleased to announce that the LCCP Ethane Cracker is increasing production rates following the successful replacement of the acetylene reactor catalyst. The Ethane Cracker achieved beneficial operation in August 2019 but has run ...
Find out more SSL - Sasol's Lake Charles Chemicals Project (LCCP) Ethane Cracker Successfully Replaces Acetylene Catalyst and Increases Ethylene Production Rates
News: $SSL Update on Sasol Board Review, Delay of the Financial Results Announcement and Update on the Lake Charles Chemicals Project
JOHANNESBURG , Aug. 16, 2019 /PRNewswire/ -- In the Company's Trading Statement of 25 July 2019 , updated guidance was provided on the independent review commissioned by the Board to ascertain the factors that impacted the cost and schedule changes for the Lake Charles Chemicals Project ...
In case you are interested Update on Sasol Board Review, Delay of the Financial Results Announcement and Update on the Lake Charles Chemicals Project
HSBC upgraded Sasol $SSL. Cashflow models imply stocks undervalued:
Fair Value Source
Mozambique in $210 million gas pipeline expansion to increase capacity http://ow.ly/VAt4Z
Even as it cuts costs and slashes jobs like its global energy peers, Sasol (SSL -0.2%) is forging ahead with its largest ever project: an $8.9B investment in a U.S. gas processing facility that can produce 1.55M metric tons of ethylene.
It is a major bet on the U.S. shale gas revolution, and "a defining moment because it’s diversifying the company, both in terms of chemicals... and geographically,” CEO David Constable tells Financial Times.
Although SSL has an international presence, it relies on the South African market for more than 80% of its profits, but Constable estimates that 30% of the company's profits will come from Louisiana by the end of the decade if the cracker starts operating in 2018 as planned.
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This board is for fundamental and technical discussion about Sasol Limited, SSL.
Sasol Limited, through its subsidiaries, operates as an integrated oil and gas company. The company explores for, and produces, crude oil offshore Gabon; owns onshore interests in the Temane and Pande fields of Mozambique; refines crude oil into liquid fuels in South Africa; and retails liquid fuels and lubricants produced in its refinery and by Sasol Synfuels, through a network of retail service centers. It primarily offers liquid and gaseous fuels, including gasoline, diesel, jet fuel, fuel alcohol, illuminating paraffin, fuel oils, and liquefied petroleum gas, as well as lubricants. The company also produces and markets chemicals and synthetic fuels. Sasol produces syngas from natural gas and low-grade coal, as well as converts syngas into a range of synthetic fuel components, chemical feedstock, and industrial pipeline gas. In addition, it engages in the production and marketing of ethylene and propylene monomers, polypropylene, polyethylene, and polyvinyl chloride polymers. Further, the company markets a range of oxygenated solvents for the manufacture of paints, inks, coatings, adhesives, pharmaceuticals, cosmetics, fragrances, and other applications. Sasol also involves in international petroleum and gas exploration and production; and wax, ammonia, fertilizers, and commercial explosives production. It operates an international gas-to-liquids venture, the ORYX GTL plant, in Qatar in partnership with Qatar Petroleum. The company offers its products worldwide. Sasol was founded in 1950 and is headquartered in Rosebank, South Africa.
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