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 > Analyst Comment

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Post by retiredcf on Aug 17, 2023 5:38am

Analyst Comment

HOLD
Chemtrade Logistics Income Fund(CHE.UN-T)

16/08/2023

EBITDA beat by 25%, but market was not excited, since a lot of earnings seemed to be pulled from the second half of this year. Capex lowered. OK leverage. Decent name, decent dividend. There are higher quality names, but this is fine.

Chemicals

Greg Newman

$8.530

Unknown

288

Comment

Comment by Kherson on Aug 17, 2023 7:26am

"Earnings seemed to be pulled from the second half of this year"? That is a very strong statement for Greg Newman to make. I guess that unitholders should be asking what metric that Chemtrade uses for revenue recognition? I did notice that receivables is now up to $142 million! Kherson

197

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