Bullboard - Stock Discussion Forum Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.F

Primary Symbol: T.CHE.DB.E Alternate Symbol(s): 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... see more

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Comment by raybay_98on Nov 08, 2022 8:59am

RE:the 4.31 million shorts are about to have a very bad day

"rbc has nice things to say but did not raise their target at least not yet", in other words sell the news! Depending on a strong US$ is like grasping for straws. JMHO

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Post by incomedreamer11on Nov 08, 2022 8:52am

Scotia comments on result

mpressive Q3 Beat on Chlor-Alkali; Q4 Should Beat Too OUR TAKE: Positive. We expect a positive reaction from a >35% Q3 EBITDA beat, which is pretty rare for chemical ...more

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Post by uogradon Nov 08, 2022 8:39am

the 4.31 million shorts are about to have a very bad day

what a shame. one other thing I noticed was they are using a rate of 1.28 for the canadian dollar for 2022. going rate right now is over a nickel higher as 2023 is only 50 days away that will ...more

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Comment by CanSiamCypon Nov 07, 2022 8:05pm

RE:RE:open at 9 tomorrow distribution will be increased

Joseph: Thanks for the reminder re the converts. I was not aware that any had been issued with a $7.35 strike price ... in which case, they are already in the money. As I said to uograd, I think that ...more

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Comment by CanSiamCypon Nov 07, 2022 8:02pm

RE:open at 9 tomorrow distribution will be increased

uograd: Agree with all your points - except that I think it would be better to use free cash available to redeem some of their convertible bonds. This will have more impact on unit price moving ...more

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Comment by JosephM1on Nov 07, 2022 7:18pm

RE:open at 9 tomorrow distribution will be increased

Agreed, very miss priced company. However there is the dilution that is going to happen via the convertible debentures at 7.35 and 10. Which will add 25 million shares. There is also conversion ...more

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Post by uogradon Nov 07, 2022 6:34pm

open at 9 tomorrow distribution will be increased

So several things here. Quarter was a blowout of epic proportion with a payout ratio now of 20 per cent the key though is that by confirming the significant increase in ebitda they are showing ...more

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