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.

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Incitec Pivot Ltd > Ipl Value

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Comment by BSdetector2016on Apr 28, 2021 1:36pm

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Post# 33083554

RE:RE:Ipl Value

Hi Sarge,

I think it's a bit like allowing for an inspection after somebody has put an unwanted stink bid on your house. Tell Brookfield to go away, re-think things, and put in a proper bid. Then they get to see what's in the data room. In the meantime they can conduct show and tells for other potential, and serious bidders. Maybe they get Heartland to the finish line and it demonstrates what it's really worth. Again, the market said $22 prior to Covid so that's a starting point.

Cheers,
BSD

SargeX wrote: Hey Divy

I totally agree with you and disagree with many of the other posters.

First off as I've often mentioned, I think Brookfield are quite slimy but are very shrewd business people. Also, as I've said, I don't have much faith in Bayle and IPL management.

So, it is really bewildering to me that IPL wouldn't allow Brookfield access to the data room. What are they hiding? Is it just to keep their jobs?

If the final Brookfield bid isn't acceptable to the IPL shareholders the they wil vote that way but it should be up to the shareholders and not the board.

As I've posted, I think Brookfield will eventually walk away and down we go. I'll be buying if it gets under $16.

Ciao
Sarge

Divypro wrote: The fact that IPL board hasn't allowed them to visit the data room just shows how entrenched the board and management are. It is in the shareholders best interest to get the best bids possible. What are they afraid of, losing their jobs? If they really believe in the higher value of the company then get the best bid. In the end the stock is only worth what someone is willing to pay for it, not some arbitrary number the board and management believe. Open the data room to everyone...