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Here’s why Sasol is likely to bump along at decade lows

Oil & Gas Producers - 16 January 2020

Ingham Analytics say Sasol has a new CEO and the interim results to be released on his watch on or around 24 February will be weak. In fact, they say F2020 will be weak for earnings, period. They expect some “kitchen sinking” in the results. That may set Sasol up for a better F2021, by which time Lake Charles will (hopefully) be better than breakeven, but that is not saying much, and returns will still be mediocre for several years. The executive of Sasol has presided over material shareholder value destruction says Ingham Analytics. Purchase this report today to find out more about the latest Ingham Analytics view on Sasol and earnings prospects.

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