ORICA (ORI) Shares

ABOUT ORICA

Orica Limited, an Australian commercial explosives company, was founded in 1974 and has its headquarters in East Melbourne, Victoria.

The company is one of the world’s largest providers of commercial explosives and blasting systems to the mining, oil and gas, and construction markets. It also supplies sodium cyanide for gold extraction, and renders ground support services in mining and tunnelling.

The company was originally established as Jones, Scott and Co., a supplier of explosives during the Victorian Gold Rush. It was purchased by Nobel Industries. The latter later merged with a number of British chemical manufacturers to form Imperial Chemical Industries.

In 1928, Imperial Chemical Industries of Australia and New Zealand (ICIANZ) was incorporated to coordinate and acquire the Australian interests of ICI Plc. ICI Australia became an independent company after ICI Plc divested its shareholding in the company.

ICI Australia changed its name to Orica in February 1998.

Today, the company operates in more than 50 countries, and serves customers in more than 100 countries. It employs approximately 11 500 people across its global operations.

OVERVIEW OF ORICA

• Orica Limited conducts its operations worldwide through five primary divisions: Mining Services, Mining Chemicals, Minova, GroundProbe and Agriculture.

• Mining Services focusses on commercial explosives, initiating systems and blast-based activities in the mining, quarrying, construction, and oil and gas industries.

• This segment’s activities are divided into four geographic regions: Australia Asia Pacific, North America, Latin America and Europe, and Middle East and Africa (EMEA). It operates manufacturing plants worldwide, either through joint ventures or wholly-owned.

• Mining Chemicals produces a portfolio of chemicals for the mining industry such as sodium cyanide for gold extraction, flotation reagents for complex ore processing and emulsifiers for underground blasting.

• Minova focusses on the manufacture of stabilisation chemicals and materials, specialty bolts and related equipment for the underground mining and civil tunnelling sectors, whilst GroundProbe specializes in the provision of end-to-end hardware- and software solutions to mining and civil industries.

• The company’s agriculture segment manufactures fertilizer under the Precision Brand.

VISION & VALUES OF ORICA

• Orica’s mission is to make its global clientele successful on a daily basis. It takes great care to operate safely, responsibly and sustainably. This approach to business enables the company to grow and creates enduring value for shareholders who purchase company shares.
• It aims to be the trusted partner of choice for customers by bringing together the best people, exceptional products and services.
• Safety is the company’s main priority. It recognises the risks in its operations and stringently adheres to all safety protocols.
• The company further values open relationships and treats everyone with dignity. It appreciates diversity and encourages collaboration.

MARKET PERFORMANCE OF ORICA

• Orica Limited trades on the Australian Securities Exchange (ASX) under the stock symbol ORI.
• The company is also a constituent of the Dow Jones Sustainability Index (DJSI), the Australian SAM Sustainability Index (AuSSI) and the FTSE4Good Index.
• For half year fiscal 2019, the company’s sales revenue increased by 12%. Its ammonium nitrate (AN) volumes also increased by 3% on the pcp at 1.88 million tonnes.
• Its interim dividend was 22.0 cents per share. Shareholders who buy or sell company shares can therefore expect solid dividends and returns.

Buy ORICA stocks / shares – A Step by Step Guide how to Buy / Purchase ORICA Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy ORICA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ORICA STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE ORICA STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ORICA stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy ORICA stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?