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 > I See Lots of Celebrating But Still Far From $24

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Comment by Maxmoeon Jun 01, 2021 12:44pm

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Post# 33303648

RE:RE:I See Lots of Celebrating But Still Far From $24

Sarge, you should have let the Secretary of State make this call. If she waited an hour you would have got an extra year worth of divys.

SargeX wrote: Hey Deano

Spot on comments. I initially hated the idea of PPL getting involved but this is a major good deal for them and we do have a full position of PPL and only a minor position of IPL so this is a pretty big net win for us.

Funy how Bayle was yacking up the $23-23 value and then settles for way lees. I knew he was a slimeball.

We have our remaining 2200 shares which I'll hang on to for now but also had a 4000 share trade from mid-March that I just cashed in on at $18.65. Also got 3 divys over that period so I'm happy with that one as well.

Ciao
Sarge

DeanEdmonton wrote: Everyone was all bent about Brookfields offer, which was too low, now everyone is rejoicing about an offer that is still 5 bucks below the commonly discussed value for IPL. I too would rather have PPL than Brookfield, but to get value we are still going to have to hold the shares until the Heartland project kicks in. I actually sold down my PPL positon by 70% and help my IPL positon steady, in anticpation of this deal, but I had thought PPL would pay a significantly higher price. It will be interesting to see what the market has to say when trading resumes.