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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 > why I am long oil
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Comment by pistonbrokenon Mar 22, 2020 12:25am
167 Views
Post# 30834547

RE:why I am long oil

RE:why I am long oil Good article rap. It's equivlent to us taking a 70% cut in the IPL div. They can"t and won't handle it for long. I read Armaco will be barely able to make it's div requirements. Can you say KSA Arab Spring if the natives get restless from not being looked after. KSA will blink first. Lots of weekly oil price jawboning coming up. Saudis get 99% of there money from oil and have never diversified. Very bad business plan.  The rest of the ME/OPEC not far behind, only oil supports them. They'll come in line soon enough or risk civil unrest, to be blunt.

Rakaposhi wrote: This article really sums up well why the current oil price is an anomaly that will pass, probably sooner than the corona virus:
https://oilprice.com/Energy/Energy-General/Saudi-Arabias-Oil-War-Could-Bankrupt-The-Kingdom.html


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