TSX:CHE.DB.E - Post by User
Comment by
carp1104on Jul 18, 2022 11:06pm
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Post# 34833192
RE:BMO analyst flash update
RE:BMO analyst flash update
I have spent most of the day learning as much as i could about the demand of ultra pure acid from a large new ultra pure acid plant in Arizona The chip companies are moving forward as fast as possible and will need everything in place before they can start production of chips. That means if the new acid plant is approved they will be building it as quickly as possable. I am sure that they have had meetings with the chip manufactures to be sure that they will have a "guarenteed market". As for BMO saying it is" reasonable" to go ahead. I think he deliberatley left out the word "very" I think they and other analysts will be accumulating shares for their clients while the dividend is at this level . As he says we will learn more on the Q2 call. AS ALWAYS JUST MY OPINION
Also the US government is going to try to pass the CHIPs act as soon as possable and may take a vote as soon as tomorrow. The CHIPs act is for $52 billion US as an incentive to build the new plants as quickly as possable..
Thats all goodnight. Carp1104