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 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.

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Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > open at 9 tomorrow distribution will be increased

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Post by uogradon Nov 07, 2022 6:34pm

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Post# 35080415

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 that the worry over the rail strike was overblown as it was settled in a day. they may have a few one times costs but the impact in both q4 and then beyond will be negligible,

They have not mentioned where they are in sales process of vancouer port land so they will save that for the investor day on the 18th when they increase their distribution not back to .10 but probably to .06 or .07

all systems are green and firing on all cylinders.

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