Low vol, Volatility by few. No true trend commitment. Short term traders playing external uncertainty.
cwan6150
Posts
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IMO, 3 Hurricanes=very low earnings. Covid, election in 2 wks.
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No vol, hurricane. No earning , it’s doing fine as it is. Sit tight
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I don’t understand aftermarket trades. Often 150 shares will drop the price dramatically. Seems malicious positioning ahead of open market.
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My guess- Sasol North America Fy 21 1st Q low earnings due to hurricane and cont. global low chem demand from COVID. My concern is the Chevron deal not finalized yet.
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BAIE DANKIE, Bretton
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Thanks Bretton for getting out, it is sure going to go up now. Taking one for the team.
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DOW -817, Brent -0.37, SA-back in Lock Down, LCCP-No power and Feed stock. All and all, not too bad.
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Need to restored power, water, waste disposal and feed stocks before process can begin to restart.
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Biolab. Next to Sasol
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Not Sasol.
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Plant is designed and built with hurricane in mind. And it is finished, not with incomplete construction blowing away.
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IMO, 100%. Sasol will move up, expect 10-12 around Nov after 1stQ earning and JV with Chevron. . knee jerk pull back in first half of 2021 due to the “Rights” issuing. After that- good to go.
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I thought LDPE delay was announced a month ago already to be in Oct. Due to Covid, can’t get the material back from overseas.
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IMO, Sasol has already indicated FY20 loss for 1.5 weeks now. Everyone knows. I don’t think they would understate the loss just to disappoint the market on the 17th, thus I don’t expect sustain major movement. Also they will communicate the JV with Chevron soon when legal and financial are ready to approve the deal, which will reduce over debt by almost 30%. I could be wrong, but I am long term at $2.05 with 60k shares.
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Market makers
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It’s like having a baby without all the pain for the partner
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Do you get ADR charge each time you buy back SSL?
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It is for now.
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When down, no volume. Up? Big volume. Up trend stock.
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