TSX:CHE.DB.E - Post by User
Comment by
LTOWNERon Dec 15, 2011 4:44pm
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Post# 19326693
RE: anybody know what's up-if...
RE: anybody know what's up-if...Hard to say in these tough markets. The volume was more than twice the average and it looked like they walked the price down for someone to pick up! Did anyone see a block trade? I really like this Company. It has received 5 Top Picks from analysts since summer. The 8%+ yield appears very safe, with a payout ratio around 60%. The company is calling for 23% growth next year, with the new acquisition. Q3 numbers were excellent. One analyst said their chemical prices are currently strong. With a PEG ratio of 0.33 the price seems very undervalued. The conversion price on the financing just closed is $20.00 per share.