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.

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Incitec Pivot Ltd > No shares and no lives.

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Comment by firstworldon Aug 11, 2021 10:56am

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Post# 33684662

RE:RE:RE:RE:No shares and no lives.

By the time the project was 25% over budget management and political friends funding loser project with tax dollars were already very rich. Where do you thi g the $100 MNs went haha?

Joe455 wrote:
lashing wrote: it is worth more but sadly IPL has gone from gold standard to poo company with a bullet all due to management. People are trying to backdoor millions with this crappy deal and do you really want them running IPL? No matter what now, IPL has been soured.

PabloLafortune wrote: Mea culpa. After reading RBC's note over at the PPL stockboard, I decided not to tender my shares after all (had never tendered to begin with). My rationale is, if BIP is going to dispose of some of IPL's assets, why doesn't IPL do it themselves???? I mean why lend your watch to the consultant for him to tell you what time it is? Makes no sense, right? If BIP is willing to pay $20 for the assets and debt that will remain post asset sales, they must be worth more than that, right?

Management has got rich while shareholders have got poor.