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 Chemicals

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

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Comment by jackhacketon Feb 14, 2020 11:03am

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Post# 30691512

RE:RE:RE:A conversation with Brian Hemming today

Red_Deer wrote:

Kherson wrote: "Distribution will eat up about 100% of the DCF if the DCF Guidance is at the lower end".
"$300 million of credit facility left, so there is virtually zero chance of a distribution cut"

Big problem with the above scenario is that only the BOT's makes the decision about the Distribution on a monthly basis! I find it hard to believe that Chemtrade's BOT would agree to borrow money to pay any part of the Distribution.
Finally, Brian Hemming is not even an officer of the company, therefore his opinion on the Distribution holds no water.
The real question that needs to be asked is why did the Sentry Investments begin dumping their position two years ago?
Kherson

Kherson__am thinking that even though YOU are NOT an officer of Chemtrade__SENTRY nonetheless must have got so Freaked OUT by Your Numerous POSTs regarding the CERTAINTY of a CUT to the Dividend__that they BAILED OUT eh ??????