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 > Scotia's Comment

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Comment by bttmfischeron Jul 20, 2023 3:35pm

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Post# 35550283

RE:RE:RE:RE:RE:RE:RE:Scotia's Comment

Well CSP, it was Scotia that put me into Chemtrade or so decade ago. Some cost unit, me over $20/per unit, but the distribution was over 11 percent for a while. All-in-all I am not in the "give praise"
mode. Right now I am trying to find out about the safety of the cash distribution for the next 2-3 years.
If CHE can maintain it(IF, IF, IF) the units may make it back to $10.50-$11.0. I will still have a paper loss, but counting the cash distribution(especially those north of 10%) it will be tolerable.
It was nice to collect over 3k per month, even without dividend tax credit.
I don't see we will see those days again.
So, what is your opinion of CHE's ability to keep up the cash distribution?

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