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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

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

Comment by Khersonon Nov 24, 2019 1:22pm
103 Views
Post# 30387227

RE:kherson is not the issue

RE:kherson is not the issue
leo101 wrote: the issue is paying a big fat distribution when the company is bleeding red ink.  when a company loses $1.40 per year and then pays out $1.20 per year in distributions, it doesn't take a rocket scientist to figure out something is wrong.   there is way too much goodwill and other intangible assets on the balance sheet. 

years ago i owned some canexus shares and kherson planted some seeds of doubt in my mind which led me to dump them and avoid a nasty loss.  that's why i occasionally come to his defense.


Thank you leo101.
Kherson

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