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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

Post by Khersonon Aug 20, 2023 7:20am
388 Views
Post# 35596798

TimeTooSoar?

TimeTooSoar?On August 5th, you posted that you were accumulating a position in Chemtrade. At the time, the unit price was around $8.80 a unit Can. The closing price on August 18th was $8.35, a drop of 5%. 
You did express concerns about Chemtrade's debt, yet you were still a buyer? I find that very odd to say the least!
Just when do you expect to be wearing those "Blue Shoes"?

Kherson
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