TSX:CHE.DB.E - Post by User
Comment by
SurfacePro7on Mar 12, 2020 2:32pm
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Post# 30800413
RE:What are people thinking?
RE:What are people thinking?Not sure if they'll rush back into increasing the divy back to $0.10...having said that, balance sheet strength is important at this time and it's a good move.
Mark has said there hasn't been material impact so far and estimates from January are still valid. Divy aside, valuation has been unfairly punished, especially if they can deliver on EBITDA estimate, and in particular in a rising caustic soda pricing environment.
Share price reaction looks similar to 2008/2009 albeit at a more rapid pace and everything turned out fine.
Hang in there, share price will bounce back! GLTA.