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 Jun 05, 2019 11:01pm

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Post# 29801679

RE:RE:RE:Distributions?

Fantome wrote:

Kherson wrote:

Kherson wrote: I find it comical how certain posters on this board still believe that the present 10 cent distribution is completely safe, looking ahead say 3 to 9 months. What the CFO and CEO have actually said is that they are committed to the present distribution, but in reality, the BOD are the ones who make that final determination on a monthly basis!
Yet again, Chemtrade is borrowing monies to pay a distribution. How is that sustainable, especially when they have some very large maintenance capex expenses and interest payments remaining for the year?
Kherson

Could you provide some specific nunbers from their financial statements to back up these general comments made by you and highlighted in bold?...Thanks

Check out the guidance under the Financial Outlook on the last page of the MD&A. Then compare those numbers with what they actually booked for the First Quarter!
I will also suggest that you take a close look at their "numerous assumptions"!
Kherson

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