Stock Watch - Stock Pick — Sasol

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David Shapiro from Sasfin Securities had no stock pick and Wayne McCurrie from FNB Wealth & Investments chose Sasol.

McCurrie said: "I know Sasol is not the flavour of the month but, even with all the bad news with Lake Charles and everything thrown in a pot, as long as the oil price doesn't collapse Sasol can make in 2 - 3 years time R50 to R60 a share earnings. If you put that even at an incredibly low price to earnings ratio there is quite a bit of upside from this. "

29 May 2019 2AM English South Africa Business · Investing

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