Henry sends a message


Henry sends a message


Published Date: 2020-06-04 | Source: INCE|Community | Author: Mark Ingham

Henry sends a message

Sasol is up around 35% in a month. Is this the beginning of a major recovery?

Ingham Analytics has issued a Searchlight on Sasol called "Henry sends a message", which may seem an odd title. 

That message is lower for longer on the price of natural gas - which is good for the Lake Charles Chemicals Project but not good enough to offset other pressing challenges for the beleaguered oil & chemicals Group. 

Ingham Analytics also have a preliminary estimate of just how much Sasol EPS will fall by - and they anticipate it may even be worse because of several variables. They also update their view on the investment merits and a trading tactic for the stock.