Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by jackhacketon Feb 14, 2020 11:03am
124 Views
Post# 30691512

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

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 ??????



red makes a very salient point.  sentry were total losers and probably stupid enough to be influenced by kherson.
Bullboard Posts