
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.
A very whippy stock, can trade down on little news. Litigation, maintenance issues, balance sheet is high. If there’s a recession, not a good place to be. Management is guiding to a much better second half. Thinks the yield of 7.8% is safe. A 59% payout ratio for 2019. As long as earnings are good, you’re fine. You can make money buying here.
An industrial supplier to municipalities. It is more of a dividend stock. It has moved down over the last year with other income oriented stocks. It is a relatively small company. It is pretty attractive here. They are sensitive to general economic growth. It got caught up with other income paying stocks. Just tuck it away and don’t look at it too much. The dividend looks sustainable, paid monthly.
A high dividend payer? A name that he might look at. It pays in the 5%-6% range. Sells chemicals to a number of different municipalities and industrial applications. Acquired Canexus last year. They are getting more margin on their product and the dividend is sustainable. He could see this getting up to $21-$22 plus a dividend yield on top of that.