Is Sasol a good buy now?

Is Sasol a good buy 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 future of Sasol shares?

The 8 analysts offering 12-month price forecasts for Sasol Ltd have a median target of 21.27, with a high estimate of 29.29 and a low estimate of 14.39. The median estimate represents a -2.23% decrease from the last price of 21.76.

How do I buy Sasol shares in South Africa?

Anyone can purchase shares on the exchange and any amount can be invested. Our share price is available on our website: www.sasol.com. Note however that buying of shares can only be executed via a stockbroker.

What affects Sasol share price?

“The higher prices were due to a combination of improved demand, higher oil prices and reduced market supply from continued global supply chain challenges attributable to the Covid-19 pandemic.” It said in the first half of 2022 it had divested from its Canadian Montney shale gas assets, as well as other small assets.

Is Sasol paying dividends in 2021?

Sasol cut debt from R190 billion to R103 billion during the 2021 financial year, but held off declaring a dividend as the company continues to optimise its business, which has been hit by various global economic pressures and the effects of Covid-19.

What was Sasol highest share price?

Sasol – 40 Year Stock Price History | SSL

• The all-time high Sasol stock closing price was 66.09 on May 20, 2008.
• The Sasol 52-week high stock price is 23.71, which is 7.1% above the current share price.
• The Sasol 52-week low stock price is 12.33, which is 44.3% below the current share price.

How do I buy capitec Sasol shares?

How to buy shares in Capitec Bank

1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
2. Open your brokerage account. Complete an application with your details.
3. Confirm your payment details.
4. Research the stock.
5. Purchase now or later.
6. Check in on your investment.

How much does Sasol pay in dividends?

Sasol last declared an interim dividend announced in March 2019. Sasol’s board is aiming for a minimal payout of 2.8 times or 36% of core headline earnings per share – but only when the net debt to ebitda ratio is 1.5 times and the absolute debt level is below $5 billion.

What was the price of Sasol shares on February 12 2020?

The price on SOL shares was R240.60 at market close on February 12, 2020, and currently they are on R200.00 at market close on February 8. Although the price is not there yet, Sasol shares have experienced substantial increases in recent weeks on the JSE, with prices surging despite the market facing some downward trends.

When was Sasol listed on the JSE?

It was incorporated under the laws of the Republic of South Africa in 1979 and has been listed on the JSE Limited (JSE) since October 1979. At 30 June 2015, we were one of the largest companies listed on the JSE by market capitalisation, with a market value of Sasol ordinary shares of R292 995 million.

Is Sasol a private or public company?

Read More Sasol Limited, the ultimate holding company of our group, is a public company. It was incorporated under the laws of the Republic of South Africa in 1979 and has been listed on the JSE Limited (JSE) since October 1979.

Is Sasol free to trade on ShareNet?

If you have a Sharenet Securities or CFD account, they are provided free of charge. Sasol Ltd operates as a vertically integrated chemicals and energy company through its three main segments: mining and gas; fuels and chemicals. It generates maximum revenue from the Chemicals segment.