Sasol Ltd (STU:SAOA)

€ 5.9 0.05 (0.85%) Market Cap: 3.78 Bil Enterprise Value: 8.41 Bil PE Ratio: 8.74 PB Ratio: 0.51 GF Score: 59/100

Sasol Ltd Update on the Lake Charles Chemicals Project Corporate Call Evening Call) Transcript

May 22, 2019 / 12:30PM GMT

Release Date Price: €26.18 (-18.62%)

Transcript

Operator

Good morning and good afternoon, ladies and gentlemen, and welcome to the Sasol Investor Analyst Conference Call. Today's call will be hosted by Stephen Cornell and Bongani Nqwababa, joint Presidents and Chief Executive Officers. Following the update, an interactive Q&A session will take place. Please note today's call is being recorded.

I will now hand the call over to Stephen Cornell. Please go ahead, sir.

Stephen Russell Cornell

Sasol Limited - Joint President, CEO & Director

Thank you, operator. Hello, all. Bongani and I, along with our executive team, want to thank you for joining the call. We're here to talk about today's update on the LCCP and let me say upfront, we are extremely disappointed to be talking to you, again, about a further increase in the capital cost of the project.

The main focus of the call is to provide context in terms of what caused the increase and what we're doing about it. There are a number of components to today's announcement, but I'd like to be clear on 5 aspects that we want everyone to take away

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.