TSX:CHE.DB.E - Post by User
Comment by
Khersonon Jul 27, 2020 4:20am
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
154 Views
Post# 31322412
RE:2nd Quarter Results
RE:2nd Quarter ResultsKherson wrote: Not good in my opinion.
I am not completely surprised about the writedowns although they usually show up in the 4th Quarter Results. But the red flag for investors is the Shortfall number which is now up to $142 million for the year!
I also see that Chemtrade is declaring "conditional amnesty" concerning the caustic pricing investigation by the DOJ. I am sure that we will hear more about that before the year is over.
I am expecting the unit price to drop today into the low 8's as investors can now clearly see that things are bad behind the scenes at Chemtrade! As I have said many times, Chemtrade has not been transparent with the Market!
Kherson
The above was posted on August 14th, 2019.
I wonder if Chemtrade will again report more writedowns for the 2nd Quarter of 2020?
Kherson