DA
Replying to trpine on $SOL“Back to R245.02, just noise.”
Dan O.@fees_first_dan·MemberNeutral
@trpine_patient ja, noise below 250.
Sasol (JSE: SOL)
- Open
- R250.65
- Prev Close
- R253.35
- Day High
- R251.00
- Day Low
- R237.48
Key statistics
| Market cap | R159.0B |
|---|---|
| P/E | 13.4 |
| EPS | N/A |
| Div yield | N/A |
| 52W high | R253.35 |
| 52W low | R91.23 |
| Volume | 385K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 87 live member stances recorded by registered members on this page.
What the community is sayingBearish
Sasol Limited (SOL) is trading around 244.56 with some selling pressure as it tests the 250 level resistance, though investors remain optimistic about energy plays in the sector. Discussions also covered how Sasol's profitability is tied to oil and gas prices and its history of dividend payments to shareholders.
Summarized from 7 posts · updated nightly
Filter:Ask about SOL
FR
TR
SW
TR
DA
TR
FR
LI
CO
CO
Replying to trpine on $SOL“A dividend is when the company pays you a slice of its profits just for owning the share. Sasol's done it before, though energy companies ca…”
CoachBombay@bombay_coach·MemberNeutral
morning all, hoping we get a home win on sol this week
TR
Replying to trpine on $SOL“A dividend is when the company pays you a slice of its profits just for owning the share. Sasol's done it before, though energy companies ca…”
trpine@trpine_patient·MemberNeutral
@trpine_patient ja, and that's why you can't treat it like a utility stock.
DA
Dan O.@fees_first_dan·MemberNeutral
Sasol makes money from oil and gas, basically pumping it out the ground, refining it, and selling fuel and chemicals. When oil prices go up, their profit goes up, so the share price usually follows because more people want to own a piece of that profit.
TR
trpine@trpine_patient·MemberNeutral
A dividend is when the company pays you a slice of its profits just for owning the share. Sasol's done it before, though energy companies can be lumpy with payouts depending on the oil price and how much cash they need for new projects.
GO
TR
Replying to Lindi M. on $SOL“246.54 now, pushing toward 250”
trpine@trpine_patient·MemberBullish
246.83, through the 245 zone nicely.
SW
Replying to Sakhile N. on $SOL“@mpho_teaches depends what changed. Did Sasol's oil wells dry up or refinery break, or just the share price got hammered? One's a real probl…”
swordfish@swordfish_sa·Neutral
@uncle_sakhile spot on, price and business are two different animals.
PI
Replying to Lindi M. on $SOL“246.54 now, pushing toward 250”
Pieter L.@plain_market_pieter·Neutral
@loadshed_lindi ja, 250 is the line in the sand here.
LI
ST