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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

Comment by redcoatson Jul 10, 2020 11:58am
153 Views
Post# 31251952

RE:PIP

RE:PIP
I agree 100%, CLD. I'm surprised we didn't get a decent blip, but I do think we'll get ongoing share price increases due the underpinnings of the PIP's supportive philosophy. By implementing it, the government is effectively back stopping IPL, and Heartland. Yes, IPL has debt, but for every dollar of it, it has well more than a 100% of equity in an earnings blockbuster entity, which now the Alberta government is effectively saying, is too important to fail.
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