TSX:CHE.DB.E - Post by User
Comment by
PlutusofCreteon Nov 26, 2020 6:03pm
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RE:RE:RE:Cheap nellies are watching train leave station
RE:RE:RE:Cheap nellies are watching train leave stationthe demand for pulp and paper products and chemicals to support the oil/gas industry might be sluggish well into 2021.
sadly i work from home now and i fill up for gas once a month whereas i used fill up four times a month.
kids dont go to physical school - so no printing paper.
if after a vaccine, offices switch to a hybrid model of working from home half the time....less and less paper will be printed in offices/commerical settings...less gas will be consumed.
I have an avg cost of $14 on chemtrade in my RRSP...and sadly over the years Mark Davis has said they keep making operational improvements but each quarter we suffered from impairments and legal charges. My fault for not selling sooner and believing that Chemtrade was a solid company.
People will say avg down now but long-term investor trust has been betrayed. especially in the mid summer months they tried to implement the at the market share issuance plan.
The ATM plan was eventually dropped but it just showed how desperate mgmt became.
I don't like desperation. Good luck to Scott Rook when he takes over.