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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 May 10, 2021 6:01pm
172 Views
Post# 33170352

RE:how low will it drop?

RE:how low will it drop?Might be a small drop...the price will be supported by underwriters.

After Q2 though the support will start to fall through. 

WSSC will be the only highlight in the second quarter. 

Fracking and shale oil will not grown in Q2. Refineries will not increased output signfiicantly. People will not be driving around like we are used to. Especially not in Canada. Vaccine roll out is too slow. Only paying for car insurance on one car since my wife and I don't need the other one....probably for the rest of the year. 

People are not going back to the office...at least I know I'm not. 

I was very surprised to see the run up in price over the last 14 days. Very surprised given everyone should have known how bad things will be. 

Following the Company throughout the COVID crisis and the mixed messaging on "adequate" financing shows poor transparency is with this mgmt team. 
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