David Shapiro on Sasol and Amplats bumper financials - analysis 

Loading player...
Sasfin Securities David Shapiro talks commodity counters on a day where two JSE resource heavyweights, Sasol and Amplats, released solid financials. The resource counters have been a major contributor to the performance of the JSE All Share Index, with supply-demand imbalances resulting in persistently higher commodity prices across the board. Sasol and Amplats announced strong results, largely expected by the market, with Amplats R300 total financial year dividend the highlight in the commentary. Strong Brent crude and chemical prices into the second quarter will continue to be a tailwind for Sasol, with management indicating the importance to reinstate dividends, but only when the debt has been shaved to acceptable levels. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Feb 2022 12PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak - Wed 22 Apr 2026: Navigating market lions; US-Iran peace paradox; Anthropic’s AI security breach

In today's BizNews Daybreak episode, President Trump indefinitely extends the US-Iran ceasefire at Pakistan's request while maintaining a naval blockade. We cover the security breach of Anthropic’s "Mythos" AI model and Kevin Warsh’s pledge of independence during his Federal Reserve confirmation hearing. Plus, an investing masterclass with Sean Peche explores…
22 Apr 12AM 15 min

Ian Bremmer on Iran talks: Who wins from the conflict in the Middle East?

Eurasia Group President and Founder Ian Bremmer joined Bloomberg Open Interest to break down the fragile reality behind the US-Iran talks. He warns that a peace deal may be more political theater than real progress. Bremmer talks about how higher gas prices could impact the midterm elections.
21 Apr 5AM 12 min