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SASOL LIMITEDSASOL LIMITEDSASOL LIMITED

SASOL LIMITED

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SOL trade ideas

Oil and Sasol I think we can see why I say one have to be careful about the recovery potential of Sasol its actual financial affairs ...we have to look beyond technical .Financials Valuation Market Capitalization 88.858B Enterprise Value/EBITDA (TTM) 5.7933 Total Shares Outstanding (MRQ) 618.398M Number of Employees 31.001K Number of Shareholders 323.151K Price to Revenue Ratio (TTM) 0.4775 Price to Book (FY) 0.5891 Balance Sheet Current Ratio (MRQ) 1.0698 Debt to Equity Ratio (MRQ) 1.3027 Net Debt (MRQ) 172.065B Total Debt (MRQ) 207.449B Total Assets (MRQ) 479.162B Operating Metrics Return on Assets (TTM) -0.1920 Return on Equity (TTM) -0.4869 R eturn on Invested Capital (TTM) -0.2710 Revenue per Employee (TTM) 6.141M Price History Average Volume (10 day) 3.055M 1-Year Beta 4.3466 52 Week High 33.163K 52 Week Low 2.077K Dividends Dividends Paid (FY) -31M Dividends Yield (FY) 0 Dividends per Share (FY) 0 Margins Net Margin (TTM) -0.4786 Gross Margin (TTM) 0.2438 Operating Margin (TTM) 0.1404 Pretax Margin (TTM) -0.6149 Income Statement Basic EPS (FY) -147.4494 Basic EPS (TTM) -144.0628 EPS Diluted (FY) -147.4494 Net Income (FY) -91.109B EBITDA (TTM) 49.306B Gross Profit (MRQ) — Gross Profit (FY) 46.408B Last Year Revenue (FY) 190.367B Total Revenue (FY) 190.367B Free Cash Flow (TTM) -11.345B
JSE:SOL
by Mashithembe
2
Sasol needs to fill three gaps , so my position is longSasol has been keeping strong with its resistance lines around the low R130 mark and now needs to go long and fill the three small gaps formed all the way up to R 157 which will be a good 20% growth. just be patient as we dont know how long it will take to do this. you know the saying that 9 out of 10 gaps always get filled so we have a good chance of riding the long wave when it comes. Please note that this is just a speculation and not financial advice, please comment on your opinion or suggestions. Trade safe and always manage risk.
JSE:SOLLong
by austinrodney00
8
Sasol Trade Plan 17/08/2020We have seen Sasol break the R 151 mark at the most unlikeliest of times. This was of course when news of the impairment was publicized and a lot of people were expecting a massive drop. The opposite happened of course. For Monday when results are finally announced of which we all know won’t be positive results, we can expect a massive drop to around R 132. I don’t believe the 144 would be able to hold on these results announcement. We must note though that the uptrend support line has constantly been respected by Sasol and we can attribute this support line as one of the reasons Sasol finally managed to break the R151 resistance. These two lines are converging and ultimately one line has to break. Currently sitting at R144 we can put the 151 back in play as a major resistance. Sasol does have a tendency of pulling the rabbit out of the hat and we could also see a positive open maintaining the respect of the uptrend line. If this does happen, the R160 resistance will be target point as this has been tested twice already. Positive Sasol market could mean results are not as bad as traders are expecting them to be. I’m generally leaning short for Monday’s trading day. A massive dip will be a good opportunity to buy in at the dip.
JSE:SOLShort
by AfroTez
6
Bullish triangle patternJSE:SOL Bullish triangle on $SOL. The price created the 4th wave. If the market breaks out the 5th wave. high probability price will continue making higher prices. Monitoring the price action if the price breaks out the triangle. Projecting the length of the widest side of the triangle upwards for the target price. And the stop loss should below the low of the 4th wave. Interesting to note. the price restest the 50 exponential moving average twice without violating it. The 50 EMA seems to be holding as support. If the rise reward is favorable I am looking to go long. The 21859 level seems possible. For let's wait and see
JSE:SOLLong
by VillageTraderZA
Sasol where to ?Sasol has a recovery plan , they have assets with a combined value more that its current value. There was some confidence in this recovery plan and by end of August we would know if they will avaid or to what extend they might have to do a rights issue. this recovery plan had some bad news issued 4 days ago and was the beginning of the correction. The USA project commissioning one further month delay. They also spoke to the South African Covid risk to the operations . Any warning will dampen the spirits of recovery. I believe there is scope to overcome this risk and therefore i am strengthening my position with a long term view. I do not believe we will test 100 level and that this reaction was purely a worry. I guess all people need to do there own assessments of Risk appetite and if you want are concerned about the covid risk to this business in South Africa then maybe you should set a stop loss at around 12500 ......and wait for August for the Company to reveal how they will handle the debt. By then you will be able to mare accurately determine if the recovery is feasible for your risk profile. I therefore is sceptical about the view that it will drop to 10000 for now i am going to believe that the delay in project start up and the ability to handle the covid risk is still intact and therefore I use this dip as another entry point with a hold and long view. Should the global sentiment change towards Sasol ii will stop loss at 12500 this is a view beyond analysis and everybody must make their own assessment of the situation
JSE:SOL
by Mashithembe
10