{"id":63534,"date":"2014-11-11T21:35:28","date_gmt":"2014-11-12T02:35:28","guid":{"rendered":"http:\/\/countingpips.com\/?p=63534"},"modified":"2014-11-11T21:35:28","modified_gmt":"2014-11-12T02:35:28","slug":"why-the-incitec-pivot-ltd-share-price-soared-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/11\/why-the-incitec-pivot-ltd-share-price-soared-today\/","title":{"rendered":"Why the Incitec Pivot Ltd Share Price Soared Today"},"content":{"rendered":"
November 11, 2014<\/div>
\r\n<\/div><\/div>

By MoneyMorning.com.au<\/u><\/a><\/p>\n

What Happened to Incitec Pivot Ltd\u2019s Share Price?<\/h2>\n

Shares in fertiliser and explosives maker Incitec Pivot Ltd [ASX:IPL]<\/strong> shot up today, gaining nearly 5.5% to extend October\u2019s rally. Today\u2019s price action pushes CSR\u2019s year-to-date capital growth beyond 15%.<\/p>\n

Why Did This Happen to IPL Shares?<\/h2>\n

Posting its full-year result today, Incitec Pivot said net profit shrank by 33% to $241 million. However, excluding impairment and restructuring charges, earnings actually grew by 21%. Improved plant reliability and cost cutting buoyed the market. After signing a new gas supply deal, investors saw enough bright spots in Incitec Pivot\u2019s future to mark the shares up today.<\/p>\n

What Now for Incitec Pivot Ltd?<\/h2>\n

It appears a good sign that Incitec Pivot can raise its dividend in the face of falling earnings. Management seems confident that the company can push through tough market conditions. Any uptick in the mining and agriculture sectors could see this stock\u2019s value surge.<\/p>\n

Cheers, Tim Dohrmann<\/strong>+<\/strong><\/a>
\nSmall-Cap Analyst, Australian Small-Cap Investigator<\/em><\/strong>
\nJoin Money Morning on Google+ <\/span><\/a><\/strong><\/p>\n

The post Why the Incitec Pivot Ltd Share Price Soared Today<\/a> appeared first on Stock Market News, Finance and Investments | Money Morning Australia<\/a>.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n
\n<\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n


\nBy MoneyMorning.com.au<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By MoneyMorning.com.au What Happened to Incitec Pivot Ltd\u2019s Share Price? Shares in fertiliser and explosives maker Incitec Pivot Ltd [ASX:IPL] shot up today, gaining nearly 5.5% to extend October\u2019s rally. Today\u2019s price action pushes CSR\u2019s year-to-date capital growth beyond 15%. Why Did This Happen to IPL Shares? Posting its full-year result today, Incitec Pivot said […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-63534","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/63534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=63534"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/63534\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=63534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=63534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=63534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}