Sasol Limited SSL

It’s only one unit out of 11 that’s is still under repair- LDPE. Delay is most likely due to international turnaround time affected by Covid-19.

Dec. Must grow based on the fundamentals. I am positive on long term, not short term hype.

SSL - last day of the fiscal year. No other development I know of.

Big drop on the DOW, triggered program sell, and low volume on SSL = jerky days like this. No fundamental change in SSL, just going with the flow.

All of the bidders for SSL LCCP know they can be part of the lucrative specialty chemical business without suffering the risk and time of building /commissioning/startup of a $12.8B plant. Great out look for everyone involved. Long term with a great mid term out look.

With SSL fiscal year ends in 13 days, OPEC meeting tomorrow, and continued 2nd round negotiations with potential investors at LCCP, IMO, not expect a lot of movement unless info leaks out.

For the long term SSL investors, though it is hard to see the pull back from $11.24, but ask if anything happened to SSL’s fundamentals to cause the stock to double in 10 days? This pull back still put you at at least 20% return since June 1st if you were long then. Hold tight. Day/Swing traders, if you can avoid the margin call, wait it out. It’s the beauty of this stock. It will go back up.

I know the SSL both in SA and LCCP. I am a long term holder. 57k shares since $1.95 average. Will hold.

In my opinion, the unrealistic 200% run since end of May until the pull back, while is fun, is due to US economic sentiment, which is hype and SA phase three reopen, which is real to the bottom line of SSL. Now we are seeing the flux of the hype. Long term holders, don’t be discouraged.

I expect 10-12 for September. Sasol fiscal first quarter end in Aug 31st. I expect with Sasol’s Lake Charles Chemical Project in full beneficial operation in a month, we should see profit for higher earning projection. Last unit signed RFSU two weeks ago.