"A decision was made not to pursue a rights issue given the current macroeconomic outlook, and
the significant progress made on our response plan initiatives. The balance sheet deleveraging
pathway will continue to be prioritised to ensure that we operate within our financial covenants
and maintain adequate liquidity headroom, whilst delivering the Sasol 2.0 transformation
programme."
To the moon!!!!!
F
why is that so many people get anxious when their stocks go well and try to sell? I bought this at 2.42$...scary times filled with uncertainty...now we are at almost 14 in less than a year with a fraction of the issues that was affecting the market and people are willing to sell... point it, this stock as many other still have plenty to cover, just give it time. Besides, everything suggests that we may be in a cyclical period of high oil prices, so this stock may double from current prices. Relax, you made it through the worse already, enjoy the ride.
a
Why is it red given the good results?
Y
Well well what do you know. 5.4% in SA.
Y
I'm shocked that we still haven't had a rally. Good for me though I'll be buying a lot more soon.
Basic earning per share R23.41 Headline earning per share R19.16 Core headline earning per share R7.86
Rights issue AVOIDED!
Divided to remain suspended.
j
Oh Boy, looks Good..
M
not long ago it couldnt get past 10, now almost 15. I love this stock
j
Wish I had some money to buy that dip below 13 might not see that again.
H
Well folks I guess we await any information coming on Monday Feb 22
TBD
D
I think the price will hit R250 easy what do u think
S
Good news on a bad day. Let's see how this turns out.
D
We going to the moon
H
Day 2 of the tech sell off. We will probably suffer collateral damage from it.
D
No rights issue financials look good this share will rocket
H
Just getting to the news this AM. Looks pretty darn good. No rights and positive metrics. Tech shares are taking a hit here in US so dragging everything with it. Stay the course.
Y
A nice little pop here in SA. 4.5%
H
It’s going to take some time. The entire world has been rocked back on its heels and it’s simply going to take time for SSL to gain ground. I believe management is executing well given the hand they have to play. We shall see how the ‘rights issue’ plays out, which we should know ‘soon’.
the significant progress made on our response plan initiatives. The balance sheet deleveraging
pathway will continue to be prioritised to ensure that we operate within our financial covenants
and maintain adequate liquidity headroom, whilst delivering the Sasol 2.0 transformation
programme."
To the moon!!!!!
Besides, everything suggests that we may be in a cyclical period of high oil prices, so this stock may double from current prices. Relax, you made it through the worse already, enjoy the ride.
Headline earning per share R19.16
Core headline earning per share R7.86
Rights issue AVOIDED!
Divided to remain suspended.
TBD