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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 Dibah42on Sep 22, 2020 2:21pm
272 Views
Post# 31598218

RE:RE:What

RE:RE:What"The market"  these days amounts to little more than one pompous analyst pronouncing his ill-informed opinion and then others equally mis-informed a$$es regurgitating the same arrant nonsense.
With today's announcement of the sale of the Euro storage business the bal sheet is strengthened, and they'll keep their credit rating and might not even have to draw on their credit lines.
Most of the HL capex has been spent mostly on target and on time, notwithstanding the pandemic premium that the company has incurred.
I have confidence in our management team who have over the  decades proven their talents in bringing many many projects  to a profitable conclusion.
I've been with this company since $9ish days and pay little heed to warnings that HL is "risky".  Without risk there is never a reward.
Cheers
 
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