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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 Jul 23, 2020 7:14pm
98 Views
Post# 31311227

RE:RE:Q 2 Result release date NR = Copy

RE:RE:Q 2 Result release date NR = Copy
toppgunn wrote: The release of the quaterly on Aug 13 will give some good guidance of financial health of Chemtrade and outlook or revenue or future sales.  The company continues to pay the dividends and very glad it was reduced a few months back from .1 to .05 as to preserve some cash of around 4.7 million per month. Hopefully, this is kept intact for the next year to apply to debt and to grow the company.  Interest payments on debt robs companies of cash in this regard.  The long term debt is around 1.3 billion and my estimate at least 20 million on interest per quarter.  I fully expect Chemtrade to continue to trade flat or slightly up over the next couple of quarters.  

My trading outlook is a year out where expect Chemtrade to do significantly better as not looking 1 or 2 quarters out.  I strongly believe a good investment as these prices 4 to 6 dollars.  



Are you ever in for a surprise fool! The net debt has actually increased since the 1st quarter!
Lol...
Kherson
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