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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 > IPL Merger ? Not !
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Comment by sclardaon Jan 14, 2021 1:20pm
291 Views
Post# 32297838

RE:IPL Merger ? Not !

RE:IPL Merger ? Not !stocktalk  wrote

Not going to happen till Heartland is complete. PPL will not buy as they have divested their 4.5 billion  plastic project. It was not feasable
Enb has enough projects planned, with their steller management team they are not interested in plastic. Why ?.... global competition.
Best bet was last year when IPL had an offer @ $30, which was rejected and insulting Husky/ Li Ka Shing.

https://www.theglobeandmail.com/business/article-li-ka-shings-ck-infrastructure-made-takeover-overture-for-inter/

IMHO

------------------------------------------------------

If the plastic plant is not "Feasable" and there is so much "Global Competition" why did Li Kai Shing offer $30 per share last year?

Apparently Li  thought IPL and its plastic plant were a good buy.

And seeing as he started fron nothing and is today worth aprox. $40 billion US likely a lot more than yourself  it appears that he knows a thing or two about evaluating a business and its prospects and worth.

 For me personally   the opinion of the people who have made a large fortune from nothing carries a lot more weight than randon opinions on Stockhouse.


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