Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures CGIFF

Primary Symbol: T.CHE.DB.E Alternate Symbol(s): T.CHE.DB.F | T.CHE.DB.G | T.CHE.DB.H | T.CHE.UN

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.

TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Hap Sneddon - BNN - TOP PICK

<< Previous

Bullboard Posts

Next >>

Post by Possibleidiot01on Jan 18, 2024 2:37pm

440 Views

Post# 35834272

Hap Sneddon - BNN - TOP PICK

Chemtrade Logistics Income Fund (CHE.UN TSX)

Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. Segments include sulphur and water chemicals (SWC), and electrochemicals (EC). It aids its customers primarily in water treatment, pulp and paper, and oil and gas industries. Recent earnings and margins easily beat street expectations. The company raised its full-year guidance again, and it pays a big fat distribution of 6.8 per cent

TOP PICK

In chemicals that we need every day. Global customers -- most are water treatment (pretty stable), some pulp/paper and oil/gas. Down on revenue, but recent earnings and margins really good. Raised guidance again. Don't take a big position, try 1% to start. Big, fat yield of 6.9%.

(Analysts’ price target is $11.86)

chemicals

$8.680