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 > Motley Fool turning cautious on IPL

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Comment by Sadie222on Jul 20, 2019 8:04pm

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Post# 29943475

RE:Motley Fool turning cautious on IPL

MF isn’t somewhere I’d go for reliable investing advice. Independent writers with no skin in the game, paid for quantity not quality.

Sirius1421 wrote: Motley Fool, which has been very enthusiastic about IPL for some time now, is turning cautious on the stock. This is from their article on the stock published today:

Inter Pipeline (TSX:IPL) is a petroleum transportation and infrastructure limited partnership; one of the largest in North America. The stock has overcome price weakness in the oil and gas sector, as shares have climbed 11% over the past month as of close on July 18. Shares are up 20% in 2019 so far.

The company reported record results in 2018 and is positioned to weather headwinds in 2019. Inter Pipeline stock has a solid P/E of 15. However, shares had an RSI of 77 as of close on July 18. This puts Inter Pipeline in technically overbought territory, so value investors may want to wait for a more favourable entry point.

Inter Pipeline stock last paid out a monthly dividend of $0.1425 per share. This represents an attractive 7.6% yield at the time of this writing. The company has achieved dividend growth for 10 consecutive years.