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.

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 Khersonon Feb 20, 2020 9:16pm
112 Views
Post# 30715716

RE:RE:The Distribution...

RE:RE:The Distribution...
sclarda wrote: Kherson  wrote

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

------------------------------------------------------------------------

   "With the 2020 Guidance, we can now be certain that a distribution cut is in the works."


     You are correct again.



Do you realize fool that all of the funds for the 4th Quarter distributions was from borrowed cash?
Kherson

Bullboard Posts