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 07, 2019 6:47am

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Post# 29804970

RE:.....So will TWO WEEKS of Mr Market Freebies be ALL..???????

Red_Deer wrote: Looks to be lots of resistance @ 10 bucks__so the Nay Sayers may yet have their day eh????

RE:Results

Results were not good. I am being very charitable tonight.

Net debt increased by more than $55 million - Litigation Reserve accounts for $40 million, what about the other $15 million plus?

MD&A Outlook section now includes forward guidance

With Net Debt of $1.375 billion, the Net Debt / EBITDA ratio is 4.6 and I expect Net Debt to increase going forward, assuming distributions remain the same.

Astute readers will note that the following boilerplate language no longer appears in the MD&A document:

We remain confident that our portfolio of businesses, business model and our strong balance sheet will allow us to
comfortably sustain our distributions and increase our financial flexibility by reducing leverage levels.

Bye-bye 10 cent monthly distribution