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

Alternate Symbol(s): CGIFF | T.CHE.UN | 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

Bullboard Posts

Comment by Khersonon Dec 10, 2018 10:37pm

41 Views

Post# 29095077

RE:RE: Debt , Assets ?

Kherson wrote:

birdie22 wrote: " Kherson__YOU seem to be OverLooking the fact that Chemtrade NOW has a LOT more ASSETS which they acquired with that debt since 2015!!!
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.che.un&postid=27823013#XiFLMH4g710ybMku.99 "

Unfortunately 42 % of those Assets are Good Will and Intangible Assets which
do not have any real value ( in a pinch ) IMHO.

Excellent analysis Birdie!
What I have presented here many times now is that when Chemtrade bought Canexus, Canexus shares actually had a negative book value! If you don't believe me, look up the last year end Canexus financials on Sedar!
Chemtrade got hosed on the Canexus deal and the Market now realizes it!
Kherson