SASOL Shares

[Thor]

Hello

I am hoping someone can give me some guidance as to what the future of this company holds and if investing in it at the current price range is a considerable choice.


I see Sasol is trading at 42,114 points (10:50 AM 02/27/15) and thought this is really attractive given the fact their trading points was always well within the 55000+ range.

So I am thinking the oil will raise again, it can't stay like this for too long, then Sasol will raise again right?

 

[Pegasus]

Hello

I am hoping someone can give me some guidance as to what the future of this company holds and if investing in it at the current price range is a considerable choice.


I see Sasol is trading at 42,114 points (10:50 AM 02/27/15) and thought this is really attractive given the fact their trading points was always well within the 55000+ range.

So I am thinking the oil will raise again, it can't stay like this for too long, then Sasol will raise again right?

If you plan on holding it for 10 years plus, then its probably a good buy.

 

[Thor]

Yes, I am quite young so all my investing is aimed at minimum 15 years leaning towards the 25 - 30 years mark.

 

[Pegasus]

Yes, I am quite young so all my investing is aimed at minimum 15 years leaning towards the 25 - 30 years mark.

Even easier.
Just buy some Top40 etf's and take the guessing and worrying away.

 

[Thor]

Even easier.
Just buy some Top40 etf's and take the guessing and worrying away.

Already have , I just want to get me some of that "diversity"

 

[InTheWild]

There was an interesting chat on Sasol at the end of the JSE conference last night where Simon Brown was the speaker... He's also in 2 minds about Sasol it seems..

 

[Gnarls]

Already have , I just want to get me some of that "diversity"

What's the composition of the index you're buying because chances are you already have exposure to Sasol.

Cheers

 

[Thor]

There was an interesting chat on Sasol at the end of the JSE conference last night where Simon Brown was the speaker... He's also in 2 minds about Sasol it seems..

Link me please if you can? Would love to listen, is it on Simon's blog ?(JSE Direct)

 

[Lukcydog]

Hello

I am hoping someone can give me some guidance as to what the future of this company holds and if investing in it at the current price range is a considerable choice.


I see Sasol is trading at 42,114 points (10:50 AM 02/27/15) and thought this is really attractive given the fact their trading points was always well within the 55000+ range.

So I am thinking the oil will raise again, it can't stay like this for too long, then Sasol will raise again right?

I'd say wait for the results in 2weeks time and see what the share price does (stay level or go down). Let's call it a little bit of inside information. I currently hold SOL shares, I'm not selling but not buying either...

 

[Thor]

What's the composition of the index you're buying because chances are you already have exposure to Sasol.

Cheers

I do have exposure to them yes since one of my ETF's are BBET40 which has Sasol at 2.47% exposure, but I would like to add them individually too, in order to reap some additional rewards once they return to normal.

Double whammy

 

[creeper]

Before investing, read the intelligent investor. -Graham. This is the guy that trained Buffett, it is called value investing. Simply. Buying a good run company at a good price. I haven't done my analysis on SASOL yet, but it is a robust company that will always (said very carefully) have a market for their product. It is however not current en vogue with certain investors die to the oil price.

 

[Thor]

I'd say wait for the results in 2weeks time and see what the share price does (stay level or go down). Let's call it a little bit of inside information. I currently hold SOL shares, I'm not selling but not buying either...

Mmmm, I like this sort of thing

 

[SauRoNZA]

They were on the EasyEquities recommended list and I bought some over a month ago.

Went up to +20% at one point and is currently sitting at +8% or so.

If they level out again at 60000 odd where they were earlier in the year you can already make massive short term profits.

 

[Lukcydog]

Mmmm, I like this sort of thing

My post was a bit rubbish I apologise. The oil price has significant impact on Sasol as their profit is largely dependent on the fuel price. Go and look at http://www.sasol.com/extras/annual-.../Sasol_AIR_2014_Our_operating_performance.pdf

Specifically look at the Synfuels part. I expect this number to drop a lot. To me the SENS that was sent out two weeks ago on the reviewing of the dividend policy says there is significant cash saving that's going to happen...

 

[Dude Crush]

I think there'll be an opportunity to buy it slightly cheaper in the near future... Sasol reduced their dividend programme... A bad sign! There must be something in the results thats gonna be a red flag. I bought at R360 just over a month ago and sold when it hit R430. My new entry point is around 380. I'll then hold for a few years unless I see massive upswings again.... I.e. 10-15% in one month.

 

[Gnarls]

^Yeah, I'm waiting on the results as well. I had shares via Inzalo and since I still have the account with them if there are no red flags I might buy as well.

For now I think I'll get MTN via Zakhele.

 

[Thor]

Before investing, read the intelligent investor. -Graham. This is the guy that trained Buffett, it is called value investing. Simply. Buying a good run company at a good price. I haven't done my analysis on SASOL yet, but it is a robust company that will always (said very carefully) have a market for their product. It is however not current en vogue with certain investors die to the oil price.

One of the reasons why I want to buy them, i believe regardless of the current situation this is a well run company that can easily recover.

I think there'll be an opportunity to buy it slightly cheaper in the near future... Sasol reduced their dividend programme... A bad sign! There must be something in the results thats gonna be a red flag. I bought at R360 just over a month ago and sold when it hit R430. My new entry point is around 380. I'll then hold for a few years unless I see massive upswings again.... I.e. 10-15% in one month.

Any idea when these results will be announced, I want to be ready cash in hand to not miss the opportunity.

 

[Lukcydog]

Any idea when these results will be announced, I want to be ready cash in hand to not miss the opportunity.

9 March

 

[Thor]

Sweet !#

 

[Lukcydog]

Sweet !#

Results:
http://www.sharenet.co.za/v3/sens_display.php?tdate=20150309070500&seq=2