SOL Long Term Long Position

23 de jun.

SOL credit rating has been stamped with a Ba1 by Moody's which is very unfavourable to the company, wholistically. This is as a result of its weakening operating performance mainly attributed to low demand in the chemicals market and weak oil prices.

With expectations of higher USOIL prices and SOL being pretty much undervalued, trading near its supporting level of 8600 ZAC, a positive outlook is still evident. Long positions have been executed at 9574 ZAC with a possibility to further capitalize when necessary.

Cite: Sasol outlook downgraded to negative by Moody's Ratings, Ba1 rating affirmed - Luke Juricic

30 de jun.

Nota

Whenever the price heads south from my initial entry, I shall capitalize on bearish moves and buy the discounts.

NB: Investments made in this stock are mainly for long term capital growth. Therefore any drawback, at this point, is a potential benefit to the portfolio.

8 de jul.

Trade ativo

In alignment with the outlined strategy to capitalize on price weakness and accumulate during market pessimism, an additional tranche of Sasol Ltd stocks has been acquired at a price of 7974 ZAC. This represents a substantial discount from the initial entry at 9574 ZAC, allowing for an improved average purchase price and deeper value positioning.

This acquisition reflects a tactical response to recent downward pressure on SOL’s share price, which is driven more by short-term sentiment and macroeconomic headwinds than by a deterioration in the company’s long-term fundamentals.