Sign in

    Jarrett Geldenhuys

    Research Analyst at Investec

    Jarrett Geldenhuys is Managing Director and Head of Equity Capital Markets, as well as co-head of Investment Banking at Investec South Africa, specializing in equity capital markets and advisory for listed companies across sectors including oil, gas, chemicals, media, and diversified industrials. He has covered and advised on major transactions for companies such as Pepkor (STAR) and Dis-Chem, leading Investec's involvement in high-profile IPOs and capital raises for clients with listings in South Africa and London. With nearly 20 years of financial market experience, he began his career as a top-rated equity analyst at Deutsche Bank and Investec, later heading the International and Emerging Markets equities desk in Investec’s New York office before joining the South African investment banking division in 2013. Geldenhuys holds degrees as a Chartered Accountant and Chemical Engineer, and is recognized for his strong institutional client relationships and significant international deal experience.

    Jarrett Geldenhuys's questions to SASOL (SSL) leadership

    Jarrett Geldenhuys's questions to SASOL (SSL) leadership • FY 2015

    Question

    Jarrett Geldenhuys from Investec inquired about the potential for further cost savings in mining operations with the introduction of newer mines and asked for clarification on the foreign exchange assumptions and peak level for the company's gearing guidance.

    Answer

    CFO Bongani Nqwababa responded that mining costs are anticipated to remain slightly below South African inflation. President and CEO David Constable added that the peak gearing forecast is 38-39%, based on a rand-to-dollar exchange rate assumption of 12.50 to 13.50.

    Ask Fintool Equity Research AI