Sasol - Hot or Not

75 views · Published 29 March 2016 · 4:00 · Indexed 20 September 2026

Channel: CNBC Africa · 2016 · News & Politics

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Sasol was founded in 1950 to make oil from coal for the South African market. Today Sasol uses coal, oil and gas reserves to manufacture and sell liquid fuels and chemicals throughout the world. It is considering building a massive GTL plant in Louisiana, USA. It has a market cap of R295.7 billion, a PE of 10.80 and a dividend yield of 3.79 per cent. Guest Gerbrand Smit from NEFG Fund Management and resident expert Byron Lotter from Vestact decide whether Sasol is hot or not.

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