SASOL Shares

Thor

Thor

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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?
 
Thor187 said:
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?
Click to expand...

If you plan on holding it for 10 years plus, then its probably a good buy.
 
Yes, I am quite young so all my investing is aimed at minimum 15 years leaning towards the 25 - 30 years mark.
 
Thor187 said:
Yes, I am quite young so all my investing is aimed at minimum 15 years leaning towards the 25 - 30 years mark.
Click to expand...

Even easier.
Just buy some Top40 etf's and take the guessing and worrying away.
 
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..
 
Thor187 said:
Already have :) , I just want to get me some of that "diversity"
Click to expand...

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

Cheers
 
adidas said:
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..
Click to expand...

Link me please if you can? Would love to listen, is it on Simon's blog ?(JSE Direct)
 
Thor187 said:
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?
Click to expand...

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

Cheers
Click to expand...

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
 
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.
 
Lukcydog said:
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...
Click to expand...

Mmmm, I like this sort of thing
 
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.
 
Thor187 said:
Mmmm, I like this sort of thing
Click to expand...

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...
 
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.
 
^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.
 
creeper said:
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.
Click to expand...

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.


Dude Crush said:
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.
Click to expand...

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