by Gerhard Engelbrecht | Jul 3, 2020 | Chemicals
Higher and lower earnings: We have adjusted our HEPS estimates to reflect the closing exchange rates and oil prices at FY20 balance sheet date. We now expect earnings of R5.80/share in FY20 compared to a loss of R6.86/share previously. Our FY21...
by Gerhard Engelbrecht | Jun 26, 2020 | Chemicals
Oil prices and refining margins moved lower this week and the rand is also stronger. Spot earnings for FY21 were sharply lower at R8.27/share as a result.Chemical prices were higher however and Asian ethylene prices continue its upward march and polyethylene...
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...
