Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

BMO

[carp1104]

They are the most dishonest bunch . They gave a higher multiple after the 1st quarter than the second 2nd.( 6x 1st  and 5x 2nd) . At least CIBC gave a reason for their change from 7x to 6.5x but still increasd the share price forcast to $11 base case and $13 upside case.  I follow all my stocks very closly and find BMO to be the least reliabe to give the general investor a fair report. Yet they buy the shares at a higher price than their estimate? why is that?   . As always just my opinion and I think that $12.00- $14.00 is a much more realistic price ( If caustic price stays high and sulpher remains low . Which I keep a close eye on) So the  earnings could be very good.
                                        carp1104