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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

Incitec Pivot Limited is an Australia-based manufacturer and supplier to the resources and agricultural sectors. Its segments include Asia Pacific and Americas. Asia Pacific segment includes Fertilisers Asia Pacific (Fertilisers APAC) and Dyno Nobel Asia Pacific (DNAP). Fertilisers APAC manufactures and sells fertilizers in Eastern Australia and the export market. It also manufactures, imports and sells industrial chemicals to the agricultural sector and other specialist industries. DNAP manufactures and sells industrial explosives and related products and services to the mining industry in the Asia Pacific region, Turkey and France. Americas segment includes Dyno Nobel Americas, which manufactures and sells industrial explosives and related products and services to the mining, quarrying and construction industries in the Americas (Canada, Mexico and Chile) and initiating systems to businesses in Australia, Turkey and South Africa. It also manufactures and sells industrial chemicals.


OTCPK:ICPVF - Post by User

Post by Vega1357on Feb 17, 2020 1:16pm
192 Views
Post# 30699524

It's the doldrums for IPL

It's the doldrums for IPLI did the weekly check of my charts and IPL stands out once again as a non-performer. PPL, a similar company, is flying as are the utility stocks, but IPL remains stuck in neutral. I was wise to have avoided this stock for some time now as I think the market is still afraid of the risk of the company not being able to finance its expansion and having to cut its dividend. Those of you who are still holding IPL through thick and thin are deserving of my sympathy. 
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