SASOL Shares

Thor

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Joined
Jun 5, 2014
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44,236
700,00 cents per ordinary share, that's not bad? Is it just me or is that well above what most companies give back?
 

Pegasus

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Joined
May 17, 2004
Messages
13,976
700,00 cents per ordinary share, that's not bad? Is it just me or is that well above what most companies give back?

Its an interim dividend and from looking at their dividend history its higher then their past interims.
 

nevadayz

Expert Member
Joined
Nov 29, 2010
Messages
1,610
do it. their shares will only go up in the next few years. lots of plans on the table for them.
 

Thor

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Jun 5, 2014
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44,236
Bad!
 

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Turbo_Aspiration

Expert Member
Joined
Aug 11, 2005
Messages
1,435
^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.

Watch out. MTN's oil exposure is quite large due to their Nigeria operations. While not as direct as Sasol's, you may just end up with the same risk profile.
 

Gnarls

Expert Member
Joined
May 20, 2008
Messages
4,909
Well you can only buy MTN Zakhele shares and you have to comply with their BEE conditions. I only bought through them because I bought the initial offering and I figured it would be a cheap way to get aboard the MTN train.
 

Thor

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Jun 5, 2014
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Oh... Okey I see I see. Thanks for clearing that up :)
 

Thor

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Jun 5, 2014
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Since investing is not at all concerned with weekly fluctuations
 

creeper

Executive Member
Joined
Nov 18, 2010
Messages
5,463
Since investing is not at all concerned with weekly fluctuations

Nor daily fluctuations. That is why I like value investing strategy. Buy a good run company at a good price. Long term.
 

Thor

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Jun 5, 2014
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Yes totally agree with that.

MrPrice, shopright, ex
 
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