/biz/ - Business & Finance

>>19462011
things are looking good for SSL

>>19443017
SSL. Better than MRO imo.

Sasol is undervalued. The decline in stock value prior to the Coronavirus was due to the LCCP project went over budget in Q4 of 2019, they had a fire at the ethoxylates unit in Jan., then unexpected the price of oil dropped to less than $35 a barrel, and Sasol wasn't hedged. The drop in oil, the LCCP project cost overrun, and fire in Jan. all happened just a couple months prior to the Coronivirus where oil prices took a nose dive. They had to restrict production in South Africa due to the excess of fuel caused by the Coronavirus. All this said, Sasol is still generating profits. They took actions several years prior seeking to diversify away from fossil fuels and into the chemicals market. Their future is an intergrated chemicals industry. The LCCP project is 99% finished. The last unit is starting up in June. June or early July is when you should expect to see this stock jump. Currently we will see days like these where the price drops. However, it will not be long before the market notices that Sasol is severely undervalued. In the next couple years, this stock will return to $22+ a share.


Sasol's business plan is below for managing their debt during this crisis.
https://www.sasol.com/sites/default/files/content/files/March%202020%20Market%20update%20presentation.pdf

>>19439047
Sasol is undervalued. The decline in stock value prior to the Coronavirus was due to the LCCP project went over budget in Q4 of 2019, they had a fire at the ethoxylates unit in Jan., then unexpected the price of oil dropped to less than $35 a barrel, and Sasol wasn't hedged. The drop in oil, the LCCP project cost overrun, and fire in Jan. all happened just a couple months prior to the Coronivirus where oil prices took a nose dive. They had to restrict production in South Africa due to the excess of fuel caused by the Coronavirus. All this said, Sasol is still generating profits. They took actions several years prior seeking to diversify away from fossil fuels and into the chemicals market. Their future is an intergrated chemicals industry. The LCCP project is 99% finished. The last unit is starting up in June. June or early July is when you should expect to see this stock jump. Currently we will see days like these where the price drops. However, it will not be long before the market notices that Sasol is severely undervalued. In the next couple years, this stock will return to $22+ a share.

If Sasol fails, a whole country will suffer. South Africa energy needs depends on SSL. MRO fails and the executives just retire early and join somewhere else as a board member.
Sasol definitely mixing things up though, rough times for a little while.Sasol is essentially the Chevron of South Africa before it went to chemical business it was purely natural gas and oil.


Sasol's business plan is below for managing their debt during this crisis.
https://www.sasol.com/sites/default/files/content/files/March%202020%20Market%20update%20presentation.pdf

>>19438905
Well, when I first started to post it, this is what I was preaching.
Sasol is undervalued. The decline in stock value prior to the Coronavirus was due to the LCCP project went over budget in Q4 of 2019, they had a fire at the ethoxylates unit in Jan., then unexpected the price of oil dropped to less than $35 a barrel, and Sasol wasn't hedged. The drop in oil, the LCCP project cost overrun, and fire in Jan. all happened just a couple months prior to the Coronivirus where oil prices took a nose dive. They had to restrict production in South Africa due to the excess of fuel caused by the Coronavirus. All this said, Sasol is still generating profits. They took actions several years prior seeking to diversify away from fossil fuels and into the chemicals market. Their future is an intergrated chemicals industry. The LCCP project is 99% finished. The last unit is starting up in June. June or early July is when you should expect to see this stock jump. Currently we will see days like these where the price drops. However, it will not be long before the market notices that Sasol is severely undervalued. In the next couple years, this stock will return to $22+ a share.

If Sasol fails, a whole country will suffer. South Africa energy needs depends on SSL. MRO fails and the executives just retire early and join somewhere else as a board member.
Sasol definitely mixing things up though, rough times for a little while.Sasol is essentially the Chevron of South Africa before it went to chemical business it was purely natural gas and oil.


Sasol's business plan is below for managing their debt during this crisis.
https://www.sasol.com/sites/default/files/content/files/March%202020%20Market%20update%20presentation.pdf