TSX:CHE.DB.E - Post by User
Comment by
hawk35on Aug 13, 2019 6:20pm
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Post# 30024842
RE:RE:Looking good
RE:RE:Looking good
I'm not too concerned about the impairment charge because it is a non cash item.
Distributable cash and payout ratio both improved. Market was looking for this to happen.
They didn't change the guidance for the balance of the year but results will be in the lower part of their range.
The big news is the sale of the two business units. The book value of these units is $204 million. They will sell for considerably more than that. Market should be happy with this move.