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 Basic Materials

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 > upgrade from national bank

<< Previous

Bullboard Posts

Next >>

Comment by Khersonon May 05, 2021 7:39am

186 Views

Post# 33130441

RE:RE:upgrade from national bank

Bullchart1 wrote: That is the second upgrade in so many days, Technicals are showing 9.00 area as we go back into 2019.

incomedreamer11 wrote: National Bank Financial analyst Endri Leno upgraded

Chemtrade Logistics Income Fund (CHE.UN-T) to “outperform”

from “sector perform” and increased his target to $10.50 from $7.

The average target on the Street is $9.

And National Bank was one of the lead underwriters of the recently issued equity raise! What could possibly go wrong now, lack of distributable cash to cover the Distribution?
No problem as Chemtrade can use some of those equity raised proceeds to pay the distribution!
Too funny...
Kherson

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market