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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 Dementedaccounton Feb 16, 2021 10:45pm
79 Views
Post# 32581580

RE:RE:RE:Technical Breakout?

RE:RE:RE:Technical Breakout?
Kherson wrote:
Dementedaccount wrote:

 

Kherson wrote: According to the Demented One, a Technical Breakout occurred last week! Looks like that assumption ended quickly. 
Looks now like a Technical breakdown has begun!
Kherson


dude...you are an idiot...do you notice no one likes your posts and only engages with you to criticize you...and yes the technical formation is still intact and we will see if it can continue...so crawl back in your hole...I would rather trade on technicals and indicators that on 6 and 9 month old insider sales...LOL.

 



The Technical Formation as you call it is no longer intact. That old adage about the smart money selling on news is rearing it's head yet again!
What you have got to keep in mind is that Chemtrade has repeatly stated their Guidance for Adjusted EBITDA for 2020 would be between $300 - $350 million. As per the 3rd Quarter Financials, the 9 month Adjusted EBITDA  was only $221 million! Now if you think that David Newman's call on the 4th Quarter EBITDA is close to the actual number, which he stated a figure of $47 million, that gives Chemtrade an Adjusted EBITDA of only $270 million for the year, 10% below their lowest Guidance! 
The end result is that Chemtrade can no longer continue to pay a distribution!
Kherson



Blah...blah....blah....blah...blah....blah...blah....shut up fool...LOL

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