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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

Chemicals Basic Materials
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

Incitec Pivot Ltd > CEO
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•••
Comment by Nastysaskyon Mar 10, 2020 11:50am
187 Views
Post# 30788640

RE:RE:RE:RE:CEO

RE:RE:RE:RE:CEONo, two weeks ago the stock was still dropping, and things we not fine.

The CEO decided to roll the dice and go all in on an extremely risky poly plant, in doing so got away from IPL's traditional business. He turned IPL into a risky stock, not a steady eddy pipline company. The market knew these risks and now the market is punishing IPLs shareholders for it.

I've been in this company since 2009 and I'm pissed I have to sell it because it's far too risky to hold through a world wide recession. 

I hope pensioners sue IPL for a misuse of capital.
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