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 Apr 09, 2019 8:00pm

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Post# 29604460

RE:BRUCE MURRAY

sherry532 wrote: "It has a 6-7% dividend and was paying out all its money as an income trust. In the US they made an acquisition with a law suit attached. It has plummeted. They believe it is a year's worth of cash flow in fees for this suit. There is a risk of a dividend cut in the future but it is safe right now. He has confidence in it, even if they cut the dividend."

You really need to listen to the actual BNN Market Call segment to fully understand what Bruce is actually saying! Keep in mind that his funds currently own units in the Income Trust, but no mention was made that he is adding more at these prices.
He is sitting on the fence as to what he believes will happen to the present DISTRIBUTION!
Kherson

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