Post by
incomedreamer11 on Jan 16, 2024 1:27pm
Dead money
Easy to destroy reputation to be reliable income trust and very difficult to restore it
If you take a look on price range from 20 $ in 2016 to the tenth ,they cut two times distribution
and only now to raise 10%.Nothing can move this company to the previouslevel
Still waiting for exit around 14 CAD.
Comment by
incomedreamer11 on Jan 16, 2024 6:06pm
In 2005 shares were around 20 CAD and monthly distribution 0.45 CAD This company is not investment for long term .more like commodity trade All long term holders burnt all money here.thanks managment and some stupid purchase with huge debt. Every time new managment promise clean balance sheet , then cut distribution and resign.
Comment by
BarstoolSage on Jan 16, 2024 8:28pm
Your timing was off and now you paint the world with your shame? No buying in the $4 tp $6 range .....?????? And using 2005 date?????? Why am I even answering here?????
Comment by
incomedreamer11 on Jan 17, 2024 3:12pm
Second day distribution on heavy volume, all gain almost gone. They need to change company structure from income fund . New money not coming here. You can see only spike in price when short cover , but next couple days reverse all gain.
Comment by
incomedreamer11 on Jan 18, 2024 11:55am
Management try to fool investor with raising distribution or another upgrade, but long-term reputation is destroyed. Any gain using only for short term traders. Chemtrade is not income trust, it is more commodity stock with unreliable distribution, Any upgrade - pump and dump
Comment by
incomedreamer11 on Feb 20, 2024 5:44pm
Again, nothing exciting in Q4 results. First day may be spike in price and then down
Comment by
TimeTooSoar on Feb 20, 2024 6:00pm
Results seem fine to me. Only alarming piece i found was the distributable cash was 0.13 for q4. Can anyone answer why this is so low? Maybe Cairo capital expenditure was high for the qtr? at 0.13 and they now pay out 0.055/mth = 0.165/qtr their distributable cash was below their payout. They are targetting a 45% payout for 2024... and says 2023 was 25%...
Comment by
incomedreamer11 on Feb 21, 2024 10:45am
This company was broken many times before .Like I told before, it easy to destroy reputation and dificult to restore it. Chemtrade is not long-term investments, it is trading stock Market looking in future . not today result. Future for Chemtrade cloudy.They try to fool investors with distribution increase , but revenue next year will be down,capex -up.
Comment by
JYBJYB on Feb 20, 2024 6:55pm
A lack of excitement is a positive. A good year overall imo.