Quick Answer: Is it good to buy Sasol shares now?

Is Sasol a good investment now?

The consensus forecast amongst investment analysts is that the share is currently undervalued and could outperform the market in the near future, meaning that Sasol shares may be a surprisingly good purchase today, especially when coupled with the good dividends generally paid out by the company.

What is the best shares to buy now in South Africa?

Naspers Limited (JSE: NPP)

Naspers Limited (Naspers) is one of the favourites of both analysts and investors in South Africa who have both a retail and institutional background. Naspers is still known as the best South African share for positive returns.

Which shares are good to buy right now?

Latest in Today’s Pick

  • NHPC (₹30.25): Buy. The stock of NHPC Limited has been gradually gaining since the beginning of …
  • Sonata Software Ltd (925): BUY. …
  • Escorts Ltd (₹1,473.15): BUY. …
  • Glenmark Pharmaceuticals (493.4): SELL. …
  • Sunteck Realty (435.5): Buy. …
  • CESC (₹880.3): Buy. …
  • BEML (1,435): BUY. …
  • Coal India (₹154.60): Buy.

Is Sasol in financial trouble?

Sasol has about $10bn in debt, and its weak balance sheet has prevented it from tapping into the debt market. Sasol executives plan to sell off assets to reduce the debt by $6bn in the 2021 financial year. … Sasol also plans to issue new shares, with a target of a $2bn rights issue in 2021.

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Why are Sasol shares increasing?

In SA, Sasol shareholders benefitted nicely. The share price increased more than 30% since September 20, from around R220 to R294. Ironically, it is the relentless lobbying by environmentalists that is pushing the oil price higher, causing the rush into oil shares, and making investors rich.

Is Coca Cola listed on JSE?

But this week, American giant The Coca-Cola Company announced that it will list its African bottling operation in Amsterdam and on the JSE within the next 18 months. … Its listing will be significant for the JSE, says First National Bank portfolio manager Wayne McCurrie.

Which is the cheapest share to buy?

Detailed overview of the Best stocks below Rs 10 to buy now in India

Sr. No Company Name BSE Scrip Code
1 Vodafone Idea 532822
4 RattanIndia Power 533122

Is now a good time to buy stocks?

So, to sum it up, if you’re asking yourself if now is a good time to buy stocks, advisors say the answer is simple, no matter what’s happening in the markets: Yes, as long as you’re planning to invest for the long-term, are starting with small amounts invested through dollar-cost averaging and you’re investing in …

How much is Sasol debt?

Sasol’s total debt at the end of June was R102. 9 billion compared to R189. 7 billion at 30 June 2020. The company has been offloading some of its non-core assets, in a bid to streamline its business and address its debt problem.

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How does Sasol make money?

Today, Sasol mines more than 40 million tons (Mt) of saleable coal a year, mostly gasification feedstock for Sasol Synfuels in Secunda. Sasol Mining also exports some 2.8 Mt of coal a year. This amounts to roughly 22% of all the coal mined in South Africa.

Who are Sasol competitors?

Sasol’s top competitors include Westlake Chemical, Vedanta Resources, OMV Group, Vedanta, Valvoline and Chevron Phillips. Sasol is an international integrated energy and chemical company that builds and operates facilities to produce liquid fuels, chemicals, and low-carbon electricity.