by Gerhard Engelbrecht | Jun 19, 2020 | Chemicals
Higher oil prices, a significant increase in the refining margin as well as higher prices in the C2 value chain sees Sasol’s FY21 spot earnings increase to R15.81/share.Ethylene continues to move higher in Asia and polymer prices have started to react, albeit at a...
by Gerhard Engelbrecht | Jun 12, 2020 | Chemicals
Oil prices and refining margins were higher this week, driving Sasol’s spot earnings higher and FY21 spot earnings (R4.38) turned positive for the first time since the 20th of March.LDPE and polypropylene prices increased in Asia this week and US polyethylene prices...
by Gerhard Engelbrecht | Jun 8, 2020 | Chemicals
A presentation pack where we assess the current Sasol investment case and also evaluate the measures management is taking to address the stress in the balance sheet. Download
by Gerhard Engelbrecht | Jun 5, 2020 | Chemicals
Sasol’s FY21 spot HEPS ‘increases’ to a loss of R1.91 this week as oil prices, refining margins and chemical prices increased. The gains from these increases are partly offset by a stronger rand and higher ethane prices.Ethylene prices continue to rise but...
by Gerhard Engelbrecht | May 29, 2020 | Chemicals
The oil price as well as refining margins retreated this week, pulling Sasol’s spot earnings a little deeper into the red. The stronger rand contributed to lower earnings but should actually assist FY20 earnings as year-end hedge losses will be lower.Chemical...
by Gerhard Engelbrecht | May 27, 2020 | Chemicals
Equity holders at risk: The market value of Sasol’s equity has fallen well below the outstanding debt in the firm increasing the risk to equity holders significantly. Conventional valuations compromised: Conventional valuation methodologies...
