Sasol’s share price collapsed last week after it announced cost overruns at its Lake Charles Chemical Project. The project will cost around $1 billion more than expected but the share prices has shed almost $4bn on the news. At R 356, our JSE stock monitor has the share significantly...
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After a turbulent 2018, emerging markets are finding favour amongst investors looking for value with strong upside potential. This is on the back of a few major themes that should play out: A dovish FED that is expected to only hike rates once in 2019, EU monetary policy that...
Globally shares are deep in correction territory, offering patient investors opportunities to deliver returns in tough market. Sasol has corrected almost 30% from its September high to below R420 on a weaker oil price and weak global sentiment. The R400 support level should be the bottom ahead of a...