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

Post by Khersonon Jan 28, 2020 9:53am

222 Views

Post# 30608143

The Distribution...

Folks, the current distribution is not and has not been sustainable since I began posting on this SH board. With the 2020 Guidance, we can now be certain that a distribution cut is in the works!
Now you all know why Sentry Investments started selling their position about two years ago! Keep in mind that Sentry was a big supporter of the Canexus deal through Chemtrade's Subscription Receipts issued @ $18.35 each just 3 years ago, but for some reason, they soon dumped their entire position in Chemtrade, at a loss.
Sadly, investors in this company have been played for fools by management!
Kherson

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