Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s): WTSHF

Industrials

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.

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Westshore Terminals Investment Corp

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Comment by OptsyEagleon Mar 18, 2019 10:10am

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Post# 29499894

RE:re: big drop today

Thanks runner for that. My estimate is that Cloud Peak makes up either 25% or 18% of WTEs throughput. In the 2017 annual WTE said that 2 customers make up 82% and 3 make up 95% of their throughput. Since Teck makes up 57%, you end up with either 25% or 18%. ... Probably doesn't matter which one you pick. The only question arises is, would a stock price drop from around $23 account for this and will some of the other coal companies pick up that production.

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