Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

28 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

IPL, INCITEC PIVOT LIMITED
ShareCafe Admin
post Posted: Sep 15 2021, 09:54 AM
  Quote Post



Posts: 265
Thanks: 18


New article up.

Ill Winds Cause Trouble for Incitec

Thanks

Admin

 
early birds
post Posted: Nov 23 2020, 08:25 AM
  Quote Post


Posts: 13,830
Thanks: 1609


The pandemic has severely hit Dyno Nobel Americas’ ammonium nitrate volumes with the impact most pronounced in coal/metals markets.

Base and precious metals volumes were impacted by mine closures in Canada while iron ore production was cut due to reduced US steel demand. US coal markets were impacted by the significant drop in gas prices.

Incitec Pivot highlights base and precious metals volumes are recovering along with the recent increase in the US gas price hinting a recovery in coal volumes.

The broker notes Incitec’s earnings are sensitive to changes in the global fertiliser prices. These prices have increased by circa 20% and 15% and the company has a positive outlook underpinned by better global agricultural conditions and trade flow redirection.

UBS retains its Buy rating with a target price of $2.40.

Sector: Materials.

Target price is $2.40.Current Price is $2.25. Difference: $0.15 – (brackets indicate current price is over target). If IPL meets the UBS target it will return approximately 6% (excluding dividends, fees and charges – negative figures indicate an expected loss).
=======

from our own sharecafe----- good defensive stock i reckon.

 
mullokintyre
post Posted: Nov 19 2020, 09:12 AM
  Quote Post


Posts: 3,343
Thanks: 1176


IPL still going up, now near the post covid highs.
Still a long way to go to pre covid 52 week high, which is a little surprising since the big increases in mining activity should keep the explosives side going going, and the really good Autumn and spring breaks should boost the fertiliser side of things.
Mick



--------------------
sent from my Olivetti Typewriter.

Said 'Thanks' for this post: early birds  
 
mullokintyre
post Posted: Nov 10 2020, 10:41 AM
  Quote Post


Posts: 3,343
Thanks: 1176


In Reply To: mullokintyre's post @ Sep 21 2020, 11:52 AM

Kinda surprised that the results for IPL were not received more favourably.
EBIT up 23% YOY.
Operating cash flows up 31% YOY.
NPAT up 19%.
On a day when banks , Telstra and Invocare are all up it went down.
One can only assume that the market expected a greater increase.
Sometimes the market is just hard to please.

Mick



--------------------
sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Sep 21 2020, 11:52 AM
  Quote Post


Posts: 3,343
Thanks: 1176


Added some more IPL today.
The fertiliser side of the business should do pretty well this year, and the explosives side seems to be quietly ticking long.
The only worry is that the recent interest in Ammonia as a feedstock for Hydrogen production might have an impact on prices, although according to ICIS, Ammonia went into oversupply during the last quarter of 2019. The recent slowdown in world trade has also dampened demand for Ammonia.
If the feedstock prices do increase, I at least have shares in WES which owns one of only two plants that produces Ammonia in WA.
Mick



--------------------
sent from my Olivetti Typewriter.

Said 'Thanks' for this post: early birds  
 
mullokintyre
post Posted: Aug 27 2020, 04:03 PM
  Quote Post


Posts: 3,343
Thanks: 1176


Ya gotta love those experts. Pick almost any stock and you can find people at either end of the spectrum.
CITI released a statement that cut the forecast price for IPL from2.43 to 2.40. Big deal, it changes more than that intraday.
Within a couple of days, Morgan Stanley released its statement where it upgraded the price of IPL from 2.00 to 2.25.
They must take it inturns to load up on a stock then spruik the price to fleece the sheep.
Mick



--------------------
sent from my Olivetti Typewriter.

Said 'Thanks' for this post: early birds  
 


early birds
post Posted: Aug 10 2020, 09:29 AM
  Quote Post


Posts: 13,830
Thanks: 1609


https://www.sharecafe.com.au/2020/08/05/inc...the-challenges/

The company did not provide formal guidance but has outlined a new cost reduction plan in response to the pandemic, with savings of -$60m to be delivered incrementally over FY20-22. Yet details are limited on specific sources of benefit and, as end markets remain difficult, Morgan Stanley is one broker that remains to be convinced whether this will impact the bottom line.

=============

cost saving of 60mil ---it is good for biz but what about safety?? unsure.gif



 
nipper
post Posted: Aug 5 2020, 06:21 PM
  Quote Post


Posts: 10,050
Thanks: 2814


In Reply To: early birds's post @ Aug 5 2020, 10:42 AM

Some overview on IPL here:

https://www.sharecafe.com.au/2020/08/05/inc...the-challenges/



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: early birds  
 
early birds
post Posted: Aug 5 2020, 10:42 AM
  Quote Post


Posts: 13,830
Thanks: 1609


In Reply To: mullokintyre's post @ Aug 5 2020, 10:34 AM

been watch this stock from time to time, think it has some kinda "defensive" nature.

haven't torch it yet, as my hands are tight atm.

hope you can dig it out more thing to feed us!! thanks! smile.gif



 
mullokintyre
post Posted: Aug 5 2020, 10:34 AM
  Quote Post


Posts: 3,343
Thanks: 1176


expecting a good result from IPL.
Been some keen buying last week or so, so somebody must be in the know.
Mick



--------------------
sent from my Olivetti Typewriter.

Said 'Thanks' for this post: early birds  
 
 


28 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING