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

Alternate Symbol(s): T.CHE.DB.F | T.CHE.DB.G | CGIFF | T.CHE.DB.H | T.CHE.UN

Chemicals Basic Materials

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

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Phew... :)

<< Previous

Bullboard Posts

Next >>

Comment by my2pennieson May 11, 2021 9:22am

210 Views

Post# 33172496

RE:RE:Phew... :)

I did assets greater than liabilities, and they have cash sources to cover the distribution. All sound logic points to revenue recovery within 18 months that will contribute enough to fully cover the current distribution.

I'll be more than happy to eat my words in 18 months if revenue hasn't recovered by then. Do I think the distribution will go back to 0.10? Heck no, and will likely be reflected in negative sentament in about 5 mins with a price pull back.

<< Previous

Bullboard Posts

Next >>

Rock Tech notches official permit for German lithium refinery