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

Chemicals Chemicals

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

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Big opportunity here

<< Previous

Bullboard Posts

Next >>

Comment by toppgunnon Feb 12, 2021 12:05pm

181 Views

Post# 32552949

RE:RE:Big opportunity here

Morningstar on Royal Bank Action Direct has the technicals very bullish for intermediate (6 weeks to 9 months) and long term (9 months plus). The short term (2 weeks to 6 weeks) is bearish but recent trading could change that quickly for Chemtrade.

Expecting better pricing environment for Chemtrade for their products going forward and hence a higher share price as illustrated by the analysts coverage. As long as Chemtrade sticks to their plan of keeping the dividend at .05 monthly and not raising for at least 2 years, this stock will easily be back over 10 within that time frame and more like 15 dollars.

A long term hold for the next 10 years plus and collect the dividend are my expectations. Extra bonus money monthly.

<< Previous

Bullboard Posts

Next >>

The top 10 Canadian medical stocks