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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 SurfacePro7on Mar 12, 2020 2:32pm
134 Views
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.
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