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Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s):  WTSHF

Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore's limited partnership units. Westshore operates a coal storage and unloading/loading facility at Roberts Bank, British Columbia. Westshore receives handling charges from its customers for throughput volume. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are then destined around the globe to approximately 20 different countries. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. The manager also provides insurance and vehicle leasing services to the Company.


TSX:WTE - Post by User

Comment by daskon Sep 24, 2016 5:35pm
113 Views
Post# 25274277

RE:HEY RED-DEER....????

RE:HEY RED-DEER....????On Sept 20 news release the company gave an update on sale which are down from last year, but the price per ton move increased. I would anticipate no great change in net earnings.
In the last few month Met coal prices have increase significantly, this also should bot well for the bottom line.
The company is on target and under budget for is capital projects, that reduce costs, I hope to see the dividend return in the not to distant future.
WTE at $10 -12 earlier this year was a "steal", but only with the capaital fully operation and restoring of the full dividend will WTe share price recover totally. 
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