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

Comment by Khersonon Jan 28, 2020 3:35pm

73 Views

Post# 30610403

RE:RE:RE:Sherry532

Kherson wrote:

sherry532 wrote: I feel the worst is behind us.
There were lot of one time issues in 2018 and Q4.
Even a small inprovement in results/outlook would help.
I do see outlook improving for Q2 and beyond as oil price is recovering.
Reassurance about distr level will enhance investor confidence.
There may be some pressure till Q1 results as people will like to play safe.
Exodus to oil sect will be another reason for the unit price to stay depressed.
Buyers may remain wary.
People like Kherson have been hanging around on this board for many months with a hope to buy CHE.UN units below $9. I see no other reason for him to waste so much time.
Kherson's point about debt is valid but my view is that they may sell some assets to pay off debt rather than cut the distr.

Why yes Sherry, you finally figured me out!
I really want to put my money into an Income Trust that just paid it's CEO over $1 million of RSU's in cash on March 1st for the disastrous financial results of 2018 and has two of it's board members on the Trust's Audit committee who own no units in the Trust!
No that is just too funny!
Reference: Management Information Circular
Kherson