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Pushing any chips in on SSL?

Posted on 12/17/23 at 7:31 pm
Posted by DiamondDog
Louisiana
Member since Nov 2019
12831 posts
Posted on 12/17/23 at 7:31 pm
Sasol right above $9. Pays a heck of a dividend- assuming there will be future consistency. 9.76% div yield.

Think there's upside of $20 here again. Been trending down for a while but I'm comfortable at $9.

Blue skies ahead? New CEO starts soon.

My only hesitancy is this thing tanked at the pandemic at about $1.50 but regrouped back to $20+ over next year.

If the thing gets any cheaper could it be pushing into takeover/acquisition territory?
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89299 posts
Posted on 12/17/23 at 7:41 pm to
no

next question
Posted by Volt
Ascension Island, S Atlantic Ocean
Member since Nov 2009
3208 posts
Posted on 12/18/23 at 6:08 am to
I got in when it hit bottom in '21. I was feeling real proud of myself when I was up >500%. Now I'm only up ~115%. I'm staying in for awhile longer for the dividend and have bought some shares along the way.
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