sasol's pulled back from 200 a couple times this year and keeps finding buyers, which tells me the market s…by @thuli_dd on $SOL

sasol's pulled back from 200 a couple times this year and keeps finding buyers, which tells me the market still sees value in the production assets even with rand weakness. the chemicals division is the real drag though, margin compression is ugly and they're bleeding cash there. if brent holds above 80 and they can get eskom sorted on power costs, the e&p side carries enough to justify holding, but you're essentially betting on commodity upside and operational discipline. not exciting but the yield helps while you wait.