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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 21, 2020 9:20pm
107 Views
Post# 30720190

RE:RE:RE:Looking good

RE:RE:RE:Looking good
hawk35 wrote:
I'm not too concerned about the impairment charge because it is a non cash item.

Distributable cash and payout ratio both improved.  Market was looking for this to happen.

They didn't change the guidance for the balance of the year but results will be in the lower part of their range.

The big news is the sale of the two business units.  The book value of these units is $204 million.  They will sell for considerably more than that.  Market should be happy with this move.


Posted August 13th, 2019!
Looks like someone has quickly changed their tune!
Kherson

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