Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s): WTSHF

Industrials

Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore's limited partnership units. Westshore operates a coal storage and unloading/loading facility at Roberts Bank, British Columbia. Westshore receives handling charges from its customers for throughput volume. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are then destined around the globe to approximately 20 different countries. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. The manager also provides insurance and vehicle leasing services to the Company.

TSX:WTE - Post by User

Westshore Terminals Investment Corp

Bullboard Posts

Comment by Power1on Jan 11, 2020 12:52pm

210 Views

Post# 30542308

RE:RE:RE:Question To Board

Thanks for the information. Doing my DD on this one as the sharp drop in SP hit my radar and I don't mind plays with dividends.

checked SEDI and Pattison insider position still holds true.

They sure have some concentration risk in their customer base with Teck 60% plus.I don't know enough about this industry to understand how significant a risk this is and if they could mitigiate with customer replacements.

Do you think this may be a teck negotiation tactic to get WTE to ease on the margin?

Bullboard Posts

The investment impact of the U.S. 25% tariff on Canadian imports