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Sasol

SOL|ZAR - Wil we see more downsideSasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon. Now 22% undervalued after recent price drop - Over the last 90 days, the stock is down 2.9%. - The fair value is estimated to be R447, however this is not to be taken as a buy recommendation but rather should be used as a guide only. - Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. - Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 391% in the next 2 years.
JSE:SOLShort
by AndreKlynsmith
SOL|ZAR - Now 22% undervaluedSasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon. Now 22% undervalued after recent price drop - Over the last 90 days, the stock is down 2.9%. - The fair value is estimated to be R447, however this is not to be taken as a buy recommendation but rather should be used as a guide only. - Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. - Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 391% in the next 2 years.
JSE:SOLShort
by AndreKlynsmith
Sasol LimitedSasol has had an incredible run over the last year and has been in a clear uptrend, higher lows and higher highs each time. There are no signs of this abating, although fundamentals should be considered. I believe that if the oil price stays elevated, sentiment will continue to drive this share higher where it could close the gap from May 2019, closing that gap back up to R425 If this is the case, then we can expect an additional 30% upside from current levels. I will start nibbling at current levels and will accumulate dips. My new exit price will be R425 ( 29% upside) My stop loss price will be at R250 ( 24% downside) This is just looking at the technical side of things and is not taking the fundamentals into account. We mustn't forget that Sasol hedged their oil price last year, as well as the USD/ZAR exchange rate, so higher oil prices doesn't necessarily equate to bigger profits. This means that at some point the price will reflect the fundamentals, but at the moment I believe it is sentiment driven and will continue to be as long as we have these dark clouds surrounding Russia and Ukraine and the price of oil.
JSE:SOL
by TalkingCents
1
Sasol going higher high. SOLHigher highs on the daily, crashing through a resistance. We are highly likely going up on this one. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
JSE:SOLLong
by Rykin_Capital
SASOL on the ledgeConsidering the Brent Crude OIL downward trend from June 2008, overall. We can see that there was a break in the trend recently, showing bullish signs. However there stil is the horizontal resistance at 85 level. On SOL side there is agressive bullish action, but limited to the brent crude oil price movement, if the oil price can breach the 85 resistance level then, one can confidently take the LONG position on SOL and head for target at R355 level. If the Brent crude oil resistance is not breached, then there is a possibility that the Short position will be in effect and a retracement to the R232 level can be expected. (Not trading advice, just opinion)
JSE:SOL
by John2506
2
Sasol - uptrend Sasol is starting to look attractive. There is potential for a 50% upside return within the next 12 months. All risks aside - Sasol is looking strong and in an uptrend. Price target is R320 by next year June/July Sasol must stay above R160 and within the yellow uptrend to confirm this uptrend continuation. Pullbacks can be used as entry points to accumulate. Disclaimer: This shouldn't be misconstrued as investment advice, always seek with a professional financial adviser before making any investment decisions.
JSE:SOLLong
by TalkingCents
SASOL setup updateMy previous chart just need an update. After the 8 600 entry position I proposed, Sasol is still holding firm as we approach the earnings report. Keep holding it and do not be alarmed if it retraces back to the 18 000 level. It is still above the 50MA, 200MA and the fundamentals are not providing any erratic downward movement (specifically the rights issue). The current price movement is technically replicating number 1 on the chart, So we can expect some consolidation coming up at number 2 before it breaks above the 22 800 level or come down again.
JSE:SOLLong
by Fumba
2