Chemtrade Logistics Income Fund (CHE.UN.TO)

Today’s acquisition will probably flatten the stock. It won’t go any further for a while until it is demonstrated how good the acquisition is.

(A Top Pick Nov 15/12. Up 14.95%.) Still likes. Reported a couple of days ago. Announced they were looking at making a sizable acquisition, which would require an equity issuance. A good example of a place to get +6% yield with a relatively low payout ratio and a fairly well diversified business.

(Market Call Minute.) A chemical company that did a great acquisition a couple of years ago. Did fine through the recession. For income primarily it’s fine. Don’t expect lots but the income will be good.

(A Top Pick June 13/13. Up 0.89%.) A high dividend, low volatility that has traded sideways, which is exactly what he wanted it to do over the summer.

(Top Pick April 12/12. Up 24.57%.)

This is like an income trust. Makes things like sulphuric acid, waste management cleaning chemicals, etc. About 75% of their cash flow is absolutely predictable. When this market sold off recently, this one hardly moved. 7% yield.

Upside is about $17.50. Well diversified company. Focuses on sulphur-based products, sulphuric acid that has many different end-market applications. Chemical company but 50% of revenues are “take or pay” contracts where they have some visibility with respect to price and a lot of the risk is mitigated. Payout ratio is below 65%. A likelihood of a dividend increase sometime down the road but management, at this point, is more focused on growth through acquisitions.

(Top Pick Dec 2/11, Up 20.40%) Dividends are very good. Traded in a tight range. Will continue to hold it. 7.5% yield.

(Top Pick Dec 2/11, Up 12.16%) Will continue being happy with it as long as it can stay in the $16 range plus or minus half because of the dividend. Stop is $15.50

Company that gives a high yield of 7.5% and offers a relatively high upside. Thinks they will grow further through acquisitions. 65% payout ratio so potential dividend increases. The downside risk is lower than expected global growth. A lot of revenue is tied to very long term contracts.

(Top Pick Nov 2/11, Up 28.78%) Reports next week and he is not looking for anything special.

Well run. Not a cheap but has a pretty good yield of 7% or so. Produces chemicals that are used in the energy business. Doesn’t want to own producers but likes the people that provide them with things that they need.

Over a long, long term it has had a very nice uptrend. Currently having a heck of a time breaking that $17 ceiling. Likes the very long-term picture as well as the 7% dividend. There is probably not going to be a lot of capital appreciation on the stock but in the meantime you make 7%. Eventually it will breakout because of the trend line.

(A Top Pick Nov 2/11. Up 36.3%.) Holds this one mainly in his income oriented accounts. Pays just under an 8% yield.

(A Top Pick Aug 9/11. Up 37.53%.) A lot of their business is long-term contract based with very big blue chip oil/gas and forestry companies. A little over 7% yield. Payout ratio is conservative had just over 50%.