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

Dead money

[incomedreamer11]

Easy to destroy reputation to be reliable income trust  and very difficult to restore it

If you take a look on price range from 20 $ in 2016 to the tenth ,they cut two times distribution 

and only now to raise 10%.Nothing can move this company to the previouslevel

Still waiting for exit around 14 CAD.

[CptnBlueberries]

10% raise is perfect, that way they can keep clearing out that debt at a fast pace. I think they should be able to remove another 100m debt in 2024 like they did twice in 2023, even with lower normalized earnings and a slightly higher dividend. Keep clearing debt now = better company and a higher dividend in the next few years than if they just went +50% or +100% dividend yesterday to please

[incomedreamer11]

In 2005 shares were around 20 CAD and monthly distribution 0.45 CAD This company is not investment for long term .more    like commodity trade All long term holders burnt all money here.thanks managment and some stupid purchase with huge debt. Every time new managment promise clean balance sheet , then cut distribution and resign.

[BarstoolSage]

Your timing was off and now you paint the world with your shame? No buying in the $4 tp $6 range .....??????  And using 2005 date?????? Why am I even answering here?????

[incomedreamer11]

Second day distribution on heavy volume, all gain almost gone. They need to change company structure from income fund . New money not coming here. You can see only spike in price when short cover , but next couple days reverse all gain.

[incomedreamer11]

Management try to fool investor with raising distribution or another upgrade, but  long-term reputation is destroyed. Any gain using only for short term traders. Chemtrade is not income trust, it is more commodity stock with unreliable distribution, Any upgrade - pump and dump

[Red_Deer]

Hey IncomeDream__Just a Couple of Points ""stock with unreliable distribution""__With the current PayOut RATIO Being VERY LOW__Which IS Causing YOU to COMPLAIN__Sort of MAKES Your Assessment a MOOT ONE Indeed eh !!!! ""long-term reputation is destroyed""__What HAS BEEN Destroyed IS the OLD MANAGEMENT__Which CAUSED the LOSS of Reputation__The CURRENT New

[incomedreamer11]

Again, nothing exciting in Q4 results. First day may be spike in price and then down

[TimeTooSoar]

Results seem fine to me. Only alarming piece i found was the distributable cash was 0.13 for q4. Can anyone answer why this is so low? Maybe Cairo capital expenditure was high for the qtr? at 0.13 and they now pay out 0.055/mth = 0.165/qtr their distributable cash was below their payout. They are targetting a 45% payout for 2024... and says 2023 was 25%... 

[incomedreamer11]

This company was broken many times before .Like I told before, it easy to destroy reputation and dificult to restore it. Chemtrade is not long-term investments, it is trading stock Market looking in future . not today result. Future for Chemtrade cloudy.They try to fool investors  with distribution increase ,  but revenue next year will be down,capex -up.

[JYBJYB]

A lack of excitement is a positive. A good year overall imo.