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re: Sasol (SSL)

Posted on 4/8/20 at 2:39 am to
Posted by Kolbysfan
Tennessee
Member since Jun 2007
1827 posts
Posted on 4/8/20 at 2:39 am to
I see two Sasols. One is SSL ADR and the second is SASOF SHS.

What is the difference?

Edit... Never mind. Answered my own question.
This post was edited on 4/8/20 at 3:31 am
Posted by RadarTiger
Member since Dec 2018
3297 posts
Posted on 4/8/20 at 5:51 am to
Taking a huge plummet in the premarket. Might be buying today. Already at ~2.96 from a 4.10 close
This post was edited on 4/8/20 at 5:53 am
Posted by thejudge
Westlake, LA
Member since Sep 2009
14068 posts
Posted on 4/8/20 at 8:24 am to
There will be taking profits this morning by a lot of people.

Posted by BZ504
Texas
Member since Oct 2005
9528 posts
Posted on 4/8/20 at 8:59 am to
Sold enough this morning and now playing with house shares.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14068 posts
Posted on 4/12/20 at 4:55 pm to
Bump here. OPEC and Russia. Signed a deal. Hopefully it. Gets a bump tomorrow.

Heads up
Posted by Sput
Member since Mar 2020
7963 posts
Posted on 4/12/20 at 5:37 pm to
It won’t matter better dump this dog
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 4/12/20 at 5:55 pm to
Word I hear is westlake group is gonna partner with them
Posted by thejudge
Westlake, LA
Member since Sep 2009
14068 posts
Posted on 4/12/20 at 7:46 pm to
I can tell you last year Westlake personnel were touring the property.

The do supply one of Westlake groups plants with ethylene already. Maybe just have to do with that.

But..maybe more.
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 4/12/20 at 8:52 pm to
Should takeoff if they do
Posted by supadave3
Houston, TX
Member since Dec 2005
30280 posts
Posted on 4/14/20 at 9:01 am to
quote:

what platform are you guys using to buy?



I’ve just started and using Robinhood. I don’t know any better if it’s a shitty one. I just figured now would be a good time to put Some cash in the market.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14068 posts
Posted on 8/18/20 at 9:31 pm to
I've read Chevron won the bid at $3.3 billion. Double what it was expected according to this article. LINK

Guy from the plant said he expects an announcement tomorrow.

Stock may pop.
Posted by supadave3
Houston, TX
Member since Dec 2005
30280 posts
Posted on 8/18/20 at 10:21 pm to
quote:

Guy from the plant said he expects an announcement tomorrow.

Stock may pop.


I hope because it’s been sputtering lately but I’ve buying more every few weeks. Still don’t have what anyone would consider a large amount but it’s the largest holder in my portfolio.

A pop would be great!
Posted by thejudge
Westlake, LA
Member since Sep 2009
14068 posts
Posted on 8/19/20 at 5:52 am to
It hit $10 a while back.

The biggest albatross in their portfolio is LCCP here. If they can fix much of their balance sheet with this deal then I think it can do well. It was a $34-$38 stock before this.

My understanding is they just partnered in the ethylene. The higher priced chemicals there they kept 100% ownership of
Posted by DiamondDog
Louisiana
Member since Nov 2019
10597 posts
Posted on 8/19/20 at 9:09 am to
I’m in for 500 shares so if it does something, great
Posted by DiamondDog
Louisiana
Member since Nov 2019
10597 posts
Posted on 8/20/20 at 8:59 am to
Up $.62 this AM (9%). No word yet. Hopefully still a pop coming in next few weeks.
Posted by thejudge
Westlake, LA
Member since Sep 2009
14068 posts
Posted on 8/20/20 at 5:04 pm to
I know for a fact an email was sent to the employees yesterday that explained all of the goings on.

Widespread news would be next.
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