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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

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

Post by lashingon Mar 30, 2020 11:56am
221 Views
Post# 30860195

Hmmmm changing directions

Hmmmm changing directionsNOt surprized at dov cut. CEO should takes equalt pay cut though. If you expect investors to live on 72% less than you take 72% less. Cant pay your bills? Well either can I. 

Not selling the bulk storage because of a short term gain in the segment? Isnt that the perfect time to sell? 

IPL was a holding i felt I didnt need to worry about. However just a week or so ago they annouced all was fine. Then this today. Getting awful tired of people saying one thing to prop themselves then announcing another. I can tell you this - I regret investing in oil. Not only becuase the gov clearly wants to destory it, but oil co's themselves seem incapable of telling truth.

 


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