Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.UN

Primary Symbol: T.CHE.DB.E Alternate Symbol(s): T.CHE.DB.F | CGIFF | T.CHE.DB.G | T.CHE.DB.H

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.

TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures

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Post by Hich1205on Feb 22, 2024 8:43am

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future dillution in the play

So sad for long term investors in this stock, the price is at the 2009 level and no hope for improvement.
For sure the compny is less levereged which reduces the risk and of course make it less stressfull for the management. The management took the Covid execuse to slach down the dividende and over dillute the stock, and you know what, i think this is not over yet, I am sure another dillution is in the making and the execuse will be the Arizona plant with highr cost. Only issue is that in 2022 they dilluted the stock to finance this plant, 2 years after, no plant yet, the stockholders have forgotten this dilluation, so it's time to dillute again. Great company .... for the management not the stock holders.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle