SSL chads, we're gonna make it. I finally see people talking about it

[Anonymous No.19439064]

[Anonymous No.19439124]

>>19439064
>SSL
Secure Socket Layer?

[Anonymous No.19439215]

>>19439124
Kek. Sasol limited

[Anonymous No.19439229]

How early can I buy shares tomorrow? Does Robinhood do premarket?

[Anonymous No.19439234]

Has /biz/ ever been right?

[Anonymous No.19439263]

>>19439234
Well I know there’s a poster in /smg/ who’s been telling us about SSL since it was trading @ 1.80, no one listened. Including me, I bought @4 instead. So far, I’ve made decent money from it and now it looks like we’re in an uptrend now since refineries open next week in South Africa

[Anonymous No.19439271]

>>19439234
Honestly if you had bought SSL the first time it had been talked about on here you'd be up like 4x

[Anonymous No.19439285]

>>19439229
I think they have pre markets open 9am for Robinhood. most brokers allow for earlier Pre market trading, however. You should be catching the uptrend now

[Anonymous No.19439371]

>>19439263
>>19439271
I live in /smg/ & this week is the first I've heard about it. This chart also looks like dogshit. Whatever though, this is why P&D groups target /biz/

[Anonymous No.19439445]

>>19439371
Yeah sure the 5 year looks like shit but it's retarded to be looking at that in the middle of all this pandemic shit. If an oil company was forced to slow production because of a virus it's not going to stay that low forever. The target price for SSL is like $22 and institutional money just bought a shit load of shares

[Anonymous No.19439453]

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.

Check the dates it’s all true. SSL was the chevron of South Africa before switching to chemicals. It was purely oil & gas, now it deals with low carbon electricity and liquid fuels

[Anonymous No.19439472]

>>19439371
>>19439453
This is the reason for the decline. A drop because of the fire, a drop because of COVID, despite this, they are still turning in a profit