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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

Post by Khersonon Jan 14, 2020 12:55pm
170 Views
Post# 30551545

4th Quarter write-downs

4th Quarter write-downsKeep in mind that Chemtrade usually does any asset writedowns in the final quarter of the fiscal year. I for one firmly believe that Chemtrade overpaid for Canexus and we will be seeing those assets severly impaired in the 4th Quarter financials.
What everyone has to remember here is that the actual BV of the Canexus equity when acquired by Chemtrade was actually zero!
What everyone also has to realize is that the clown who keeps posting under Multiple Accounts was a paid pumper for Canexus.
Kherson
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