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Talisman Energy Inc. Message Board

bc04bt 1 post  |  Last Activity: Dec 15, 2014 3:04 PM Member since: Sep 3, 2005
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    Why The Downfall?

    by financekid299 Dec 5, 2014 3:52 PM
    bc04bt bc04bt Dec 15, 2014 3:04 PM Flag

    Sasol has a progressive dividend policy, so it is likely to be safe even at the lower levels. This means the dividend alone is like a 7% CD at current stock prices. There is further downside to the stock price if oil and the Rand continues to depreciate versus the US dollar. However, at the point where you believe oil will stop falling, Sasol becomes a strong buy. Suggest dollar-cost averaging into SSL so as not to catch a falling knife on oil prices

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