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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

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

Comment by PlutusofCreteon Nov 26, 2020 6:03pm
227 Views
Post# 31985891

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. 



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