Investing: Sasol

rietrot

Honorary Master
Joined
Aug 26, 2016
Messages
19,689
Everything is up. Im going with plenty of fund damagers back in the office and they have to put the pension money somewhere.
 

Magnum

Expert Member
Joined
Mar 12, 2013
Messages
4,337
EE is having issues again.

Understatement. EE is down permanently.
 
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Capetown505

Well-Known Member
Joined
Nov 21, 2019
Messages
168
I must say I haven't seen this before, the whole stock market since Monday has been bursting.Every share in my watchlist is sky rocketing, two days in a row if you bought at close time you can the following morning sell and make money. What is this reason? Tsogo sun casino is going through the roof,more than doubled, today alone opened R4,41 and now on R7.20 yesterday it shot up aswell and on sunday the ceo of tsogo sun was on tv saying they are having a disaster time and if they cant open there will be retrenchments and could lead to worse, and now they sky rocket. Sasol has even shot right up, expected but few months early.PPC is flying 65c last week, now R1 Rdf as well.I really have to sit out for a while as something is not right.Weldone to all who caught sasol right.
 

Magnum

Expert Member
Joined
Mar 12, 2013
Messages
4,337
I must say I haven't seen this before, the whole stock market since Monday has been bursting.Every share in my watchlist is sky rocketing, two days in a row if you bought at close time you can the following morning sell and make money. What is this reason? Tsogo sun casino is going through the roof,more than doubled, today alone opened R4,41 and now on R7.20 yesterday it shot up aswell and on sunday the ceo of tsogo sun was on tv saying they are having a disaster time and if they cant open there will be retrenchments and could lead to worse, and now they sky rocket. Sasol has even shot right up, expected but few months early.PPC is flying 65c last week, now R1 Rdf as well.I really have to sit out for a while as something is not right.Weldone to all who caught sasol right.
My investments were stuck till the 20th of last month. I was a bit late to the party But im up 30% in the last 2 days.
 

katLAZA

New Member
Joined
Jun 2, 2020
Messages
4
Can someone please explaine
I must say I haven't seen this before, the whole stock market since Monday has been bursting.Every share in my watchlist is sky rocketing, two days in a row if you bought at close time you can the following morning sell and make money. What is this reason? Tsogo sun casino is going through the roof,more than doubled, today alone opened R4,41 and now on R7.20 yesterday it shot up aswell and on sunday the ceo of tsogo sun was on tv saying they are having a disaster time and if they cant open there will be retrenchments and could lead to worse, and now they sky rocket. Sasol has even shot right up, expected but few months early.PPC is flying 65c last week, now R1 Rdf as well.I really have to sit out for a while as something is not right.Weldone to all who caught sasol right.
Why is Tsogo skyrocketing? I get that the market in general is moving up? What am I not getting?
 

L-Dog

Senior Member
Joined
Oct 25, 2017
Messages
934
Absolute madness no idea how tsogo sun and sun international is climbing as they wont generate any real capital in the near future
 

Snyper564

Executive Member
Joined
Oct 1, 2008
Messages
5,796
Absolute madness no idea how tsogo sun and sun international is climbing as they wont generate any real capital in the near future
its climbing likely based on hype everyone wants in now before they "will" climb... its a gamble
 

katLAZA

New Member
Joined
Jun 2, 2020
Messages
4
Thats what puzzles me the most , hype based on what ? They can't make money, for now (lord knows how long it will be ) The CEO was complaining about this literally the other day, Nobody knows when they 'will' climb. I think casino members were told that a random shareholder will win their own hotel
 

Capetown505

Well-Known Member
Joined
Nov 21, 2019
Messages
168
its climbing likely based on hype everyone wants in now before they "will" climb... its a gamble

Maybe they got rumours going and helping with price bumping then will come with directors that will sell off their own shares at a fancy price and then will slide right down.Wont be the first time that people try it. The casinos will take a long time to come right,especially during this time people have gotten hooked with 24 hour online casinos
 

Snyper564

Executive Member
Joined
Oct 1, 2008
Messages
5,796
Maybe they got rumours going and helping with price bumping then will come with directors that will sell off their own shares at a fancy price and then will slide right down.Wont be the first time that people try it. The casinos will take a long time to come right,especially during this time people have gotten hooked with 24 hour online casinos
shares are not 24 hours casinos crypto are however :)
 
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