Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s): CGIFF | 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 > what is the P/O ratio now ?

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Comment by Capharnaumon Aug 15, 2020 1:51pm

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Post# 31412892

RE:RE:RE:what is the P/O ratio now ?

rapid_fire_ wrote: Capharn - thanks for the info . at 40% Pay Out ration I cant see this being a problem for their business . This company has 'needed' base chemicals and elements to sell to the world. Its a need not a 'want' type company seller of goods - good business to be in . It definalty hit a rough patch for the few past quarters. It appears this is starting to fade and more posotive numbers appearing

If the company didn't have all that debt it would really be a no brainer. I believe the current dividend should be safe though, as in a "normal" year they'll be able to pay back $50M of debt every year.

The stock carries its risks, so I wouldn't be overweight the stock at the moment, but a small exposure to your portfolio could generate steady cash flow through the dividend and some potential capital gains in the short/mid term. In time, the stock has the potential to double, but on the other hand, with the debt they will eventually have to pay, it could also face dilution.

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