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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 > Net book value
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Comment by mrbbon Aug 12, 2019 5:53pm
161 Views
Post# 30019821

RE:RE:RE:RE:RE:RE:Net book value

RE:RE:RE:RE:RE:RE:Net book value
Fantome wrote:
bossu wrote: Fantome ,
Have a look at 
https://www.stockwatch.com/News/Sedardoc.pdf?docid=4367090

3 Property ,Plant and Equipment 

Bottom line on page 39 

Net Book Value as June 30 2019 

$ 10 967 300 000

Number of shares 412 437 000

Book value per share   $ 26,61

This come from their financial report !





 
Frankly..I'm not sure what your point is.

Are you suggesting that IPL is not worth more than its book value?


All my point is..that book value doesn't tell you what the market value of the asset is....IPL has pipelines in the ground...in the current regulatory environment what would it cost to build an equivalent sytem of pipes?.....IMO...a lot more than $26.61 a share....a company could spend a big proportion of that just trying to get approvals...talk to ENB on how much that costs...

These are the real life factors that go into deciding what to pay for a company along with the math on how to pay for it and get the risk adjusted return you are looking for.



fantome, don't waste time defending obvious point. Some people still using old school evaluating tool and believe anything that look official .
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