Bullboard - Stock Discussion Forum 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

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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... see more

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TSX:CHE.DB.E - Post Discussion

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > National Bank upgrade Target: C$11.00

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Post by midard on Nov 08, 2022 4:23pm

National Bank upgrade Target: C$11.00

Takeaways Positive We are encouraged to see CHE deliver strong results in Q3 and 2022YTD (quarterly 2022YTD results have all been ahead of forecasts) that is expected to continue into Q4. Management commentary (apart from the higher 2022 guidance) is also positive and suggests continued momentum into 2023. While sodium chlorate remains subdued, we are encouraged to see some stabilization y/y, and we will look for any colour on a potential improvement in 2023.

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Comment by raybay_98 on Nov 08, 2022 7:05pm

"we will look for any colour on a potential improvement in 2023", IMO the colour will likely be red. The problem, price taker vs price giver as the saying goes.

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