
TSE:CHE.UN
This summary was created by AI, based on 15 opinions in the last 12 months.
Chemtrade Logistics Income Fund (CHE.UN-T) has shown positive momentum in recent times, with experts highlighting its diversified chemical offerings and focus on essential services such as water treatment for municipalities, which reduces investment risk. The company has seen significant stock appreciation, climbing 55% and 65% in different reviews, reflecting favorable market sentiment. It holds a strong yield and a manageable valuation, generally trading at lower multiples compared to peers, while still being regarded as a company with solid growth prospects due to its recent restructuring and performance improvements. With ongoing initiatives like share repurchases and investments into the water treatment sector, analysts advise cautious optimism moving forward, even while noting the cyclical risks associated with the industry. Overall, there is a sense of increased confidence in the company's future potential despite its historical volatility.
Higher risk play. It could be a good opportunity. In Q2, they beat expectations. They’re selling some assets to bolster their balance sheets and fund their distribution. Their 2019-2020 forward statement was good. Their pay out is at 126% at 10% dividend that’s not sustainable. Their pay out ratio looks to be more reasonable next year. If there isn’t a recession, it’s a good name to own. We’ve seen that money flows out of technology to value areas like this.