Bullboard - Stock Discussion Forum 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 | T.CHE.DB.G | CGIFF | 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... see more

Add To Watchlist

TSX:CHE.DB.E - Post Discussion

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > future dillution in the play

View:

Post by Hich1205 on Feb 22, 2024 8:43am

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.

153