Yes, but 27% off target or something. Hence the 30% ish drop.didnt this company still make a profit circa $450 million according to the announcement yesterday.
Closed IPL trade .........may it run like the wind for holders .... good luck with it if still holding
cheers
Nice work GN.I hold still after buying at $1.80.
The buy ratio is alot higher than the sell side and I would expect a 3 day rally.
Assuming the DOW doesn't tank tonight.
Nice work GN.
I played it safe which Harry tells me was a wrong move. Should have given the cat a little more CPR to see how it'd go.
20% bounce since the oversell.
Nice work GN.
I played it safe which Harry tells me was a wrong move. Should have given the cat a little more CPR to see how it'd go.
20% bounce since the oversell.
What are peoples thoughts on IPL the price is just over the $2 mark, Ive continued to add to my IPL position. Hoping it comes off ... otherwise Im knackered.
Date: 31/3/2009
Author: Carrie LaFrenz
Source: The Australian Financial Review --- Page: 19
Australian fertiliser company, Incitec Pivot, expects its profit to fall, but ithas gained sufficient bank loans. It has forecast a net profit before one-offitems of about $A450 million for the year to 30 September 2009, 32 per centlower than the previous year. It has arranged a loan averaging $A390 million toOctober 2010 with its banking syndicate
Date: 17/3/2009
Author: Carrie LaFrenz
Source: The Australian Financial Review --- Page: 20
Consolidation of the global fertiliser industry could make Australian-listed Incitec Pivot a takeover target. The outlook for the sector is strong and Incitec's attractiveness is enhanced by the weaker Australian currency and its operations in emerging markets. Three North American companies are examining possible mergers.
You will buy more if the price goes lower? And more if it goes lower still?Hello Bluebird, yes I do believe in IPL and in its good future. I bought my bulk of shares months ago, when they were hovering around $4.00. Bought a few on Fri and will maybe buy more if price goes lower. I did some fundamental research on IPL (I am not in TA) and I am reasonably happy. Nowadays one can't really do a proper FA, everything is in shambles (PE, PEG, ROI,etc.)
There was good money made from IPL in the last couple of years when it went from about $2 to about $9 (post split prices), but it has been in a downtrend ever since. I wouldn't touch it unless it showed a clear return to an uptrend.What are peoples thoughts on IPL the price is just over the $2 mark, Ive continued to add to my IPL position. Hoping it comes off ... otherwise Im knackered.
You will buy more if the price goes lower? And more if it goes lower still?
When will you stop buying a falling stock? When it's down to zero?
There was good money made from IPL in the last couple of years when it went from about $2 to about $9 (post split prices), but it has been in a downtrend ever since. I wouldn't touch it unless it showed a clear return to an uptrend.
Just a suggestion: consider investing about $30 in Stan Weinstein's "How to profit in Bull and Bear Markets".
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