/biz/ - Business & Finance

>>19445903
SSL. Institutional money is starting to flow in SSL.

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

>>19437965
Here's more info >>19438399
Is SSL finally getting traction it deserves??? I told you faggots to buy @1.80 and no one listened to me. I know there is another SSL chad in here that posts all the time. Where you at? We comfy.>>19437965

Whos in SSL before institutional money?

Who here holding SSL?