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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 Rakaposhion Feb 24, 2021 7:13pm
175 Views
Post# 32654148

RE:RE:Something to ponder

RE:RE:Something to ponderI too think this is not retail buying. The market is turning around. Oil is rocketing and industry in general is picking up. Some takeovers, or attempts, are going to fail in view of the market recovering. Brookfield is a bit too late on this and will give up at some point. The same happened to an attemtped take over at SRV.UN by their major shareholder. Slightly different story, but basically the same idea, buy cheap assets from a seemingly distressed party. Since that deal was cancelled, the shares have rocketed. Someone is betting the same will happen here.
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