TSX:CHE.DB.E - Post by User
Comment by
borne2runon Apr 06, 2020 11:24am
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Post# 30882926
RE:I liked the release related to COVID
RE:I liked the release related to COVIDquest, be careful, their may be a sub-basement level.
Late last week, TD's updated analysis indicated that Chemtrade will breach bank covenants in Q4 2020 or Q1 2021. At this time, TD sees little risk of the banks calling their credit lines. However, another cut to the dividend is very possible.
If you msut invest in Chemtrade, the convertible debentures are a much better investment vehicle at this time. The stock is for traders.