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 > Bid for IPL

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Comment by pistonbrokenon Aug 09, 2019 8:41pm

310 Views

Post# 30013544

RE:Bid for IPL

Fair points Fantome. I read an article saying US equity firms are searching elsewhere to hedge against the plan to de-value the greenback. Buy IPL now at .76t CDN and next year if ithe dollar where ot be at .86 CDN, that would present a nice profit. Also as you mentioned their job of breaking up and selling IPL assets for a higher return would please them too.
The same article also said European firms may be attracted here because of the NIRP that has almost been or achieved in their respective countries.
I also agree with your view on the upcoming SP. Unless we hear more positive news (rumors count) the SP will languish as the excitement of the next ex-div. date wears off.

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