TSE:CHE.UN
7.08
0.01
(0.14%)
Analysis and Opinions about CHE.UN-T
Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 8, 2020
135% payout ratio, not sustainable. But if business returns, as he thinks it will, payout ratio will go down to 62%. Real problem is balance sheet. Need to focus on asset sales. Has upside, but pretty risky. Better yield stories elsewhere.
Show full opinionHide full opinion
135% payout ratio, not sustainable. But if business returns, as he thinks it will, payout ratio will go down to 62%. Real problem is balance sheet. Need to focus on asset sales. Has upside, but pretty risky. Better yield stories elsewhere.
BUY
BUY
May 21, 2020
He owns the convertible debentures. It is a speculative position. They should be able to withstand this.
Show full opinionHide full opinionHe owns the convertible debentures. It is a speculative position. They should be able to withstand this.
DON'T BUY
DON'T BUY
March 16, 2020
Analysts have really pulled back their earnings estimates. You might want to look at other companies. (Analysts’ price target is $9.70)
Show full opinionHide full opinionAnalysts have really pulled back their earnings estimates. You might want to look at other companies. (Analysts’ price target is $9.70)
DON'T BUY
DON'T BUY
February 26, 2020
He does not like really high yielding companies. Often it is a signal that something is wrong -- it is just too risky. He would avoid it. Yield 13.5%
Show full opinionHide full opinionHe does not like really high yielding companies. Often it is a signal that something is wrong -- it is just too risky. He would avoid it. Yield 13.5%
DON'T BUY
DON'T BUY
February 20, 2020
Market is saying dividend is not sustainable. Fair amount of debt. Payout ratio 100% plus. Its commodities are not doing well. Hurt by issues with fracking and in China. Yield is 13%.
Show full opinionHide full opinionMarket is saying dividend is not sustainable. Fair amount of debt. Payout ratio 100% plus. Its commodities are not doing well. Hurt by issues with fracking and in China. Yield is 13%.
DON'T BUY
DON'T BUY
February 18, 2020
Disappointing. If one chemical was working, another wouldn't. He got worn out by disappointment and sold. CHE is tied to the pulp and paper industry which has had a rough ride. Rail shutdowns won't help. Not sure if they can sustain their dividend. Pays a 14% dividend.
Show full opinionHide full opinionDisappointing. If one chemical was working, another wouldn't. He got worn out by disappointment and sold. CHE is tied to the pulp and paper industry which has had a rough ride. Rail shutdowns won't help. Not sure if they can sustain their dividend. Pays a 14% dividend.
DON'T BUY
DON'T BUY
February 6, 2020
The book value is going to keep on falling. They pay out $1 more in terms of equity, then the balance sheet falls in the coming year. They would have to make up a lot of ground in terms of earnings. Their balance sheet is okay but they are paying out too much.
Show full opinionHide full opinionThe book value is going to keep on falling. They pay out $1 more in terms of equity, then the balance sheet falls in the coming year. They would have to make up a lot of ground in terms of earnings. Their balance sheet is okay but they are paying out too much.
WATCH
WATCH
January 27, 2020
Safe dividend? 78% payout ratio, conservative. He's about to buy this. They had a rough 2018, and the dividend could be cut. Their pricing power if improving. It's made a rounded bottom, but $12 would confirm a trend. It's performed well during current volatile markets.
Show full opinionHide full opinionSafe dividend? 78% payout ratio, conservative. He's about to buy this. They had a rough 2018, and the dividend could be cut. Their pricing power if improving. It's made a rounded bottom, but $12 would confirm a trend. It's performed well during current volatile markets.
BUY
BUY
January 7, 2020
Chemical stocks have strong seasonality from late-January to early-May, based on seasonal demand. The chart shows higher lows as it approaches $12. This looks good.
Show full opinionHide full opinionChemical stocks have strong seasonality from late-January to early-May, based on seasonal demand. The chart shows higher lows as it approaches $12. This looks good.
BUY
BUY
December 27, 2019
The 10.8% dividend is safe, based on its cash flow. The chart looks interesting--free cash flow positive and growing by 9% into 2020. Cash flow has grown 106% in the past year. Has a $12 price target, or 19% upside.
Show full opinionHide full opinionThe 10.8% dividend is safe, based on its cash flow. The chart looks interesting--free cash flow positive and growing by 9% into 2020. Cash flow has grown 106% in the past year. Has a $12 price target, or 19% upside.
BUY
BUY
December 23, 2019
It has been going up for 8 months after a downtrend. He is looking at it. He likes the business. It is a pro-cyclical, industrial. He expects an acceleration after $12 up to $16. If the market corrects it could come back to $10. It has a nice dividend.
Show full opinionHide full opinionIt has been going up for 8 months after a downtrend. He is looking at it. He likes the business. It is a pro-cyclical, industrial. He expects an acceleration after $12 up to $16. If the market corrects it could come back to $10. It has a nice dividend.
BUY
BUY
November 28, 2019
Owns it and been buying more of it. Cash flow is right in line with the dividend so there is no excess cashflow. They met multiple times with the company and management said they are going to maintain the dividend. Thinks the stock will gradually recover and meanwhile you are getting a dividend north of 10%. High risk in their income growth portfolio.
Show full opinionHide full opinionOwns it and been buying more of it. Cash flow is right in line with the dividend so there is no excess cashflow. They met multiple times with the company and management said they are going to maintain the dividend. Thinks the stock will gradually recover and meanwhile you are getting a dividend north of 10%. High risk in their income growth portfolio.
PARTIAL BUY
PARTIAL BUY
October 8, 2019
Pays almost a 12% dividend, but it's safe. It's a big holding for him. They got hit with a lawsuit attached to a lawsuit that they settled at a lot more than they expected, so they took a hit. He's been buying as the stock price has declined. Payout ratio is only 70% but debt is high, which they will eventually pay down. It's good to average down here.
Show full opinionHide full opinionPays almost a 12% dividend, but it's safe. It's a big holding for him. They got hit with a lawsuit attached to a lawsuit that they settled at a lot more than they expected, so they took a hit. He's been buying as the stock price has declined. Payout ratio is only 70% but debt is high, which they will eventually pay down. It's good to average down here.
COMMENT
COMMENT
September 20, 2019
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.
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.
BUY
BUY
September 12, 2019
It is up nicely. It is coming from a downtrend over the longer term. He would hang onto it and buy some if you don’t own it.
Show full opinionHide full opinionIt is up nicely. It is coming from a downtrend over the longer term. He would hang onto it and buy some if you don’t own it.
Chemtrade Logisitics Inc.(CHE.UN-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
Chemtrade Logisitics Inc.(CHE.UN-T) Frequently Asked Questions
What is Chemtrade Logisitics Inc. stock symbol?
Chemtrade Logisitics Inc. is a Canadian stock, trading under the symbol CHE.UN-T on the Toronto Stock Exchange (CHE.UN-CT). It is usually referred to as TSX:CHE.UN or CHE.UN-T
Is Chemtrade Logisitics Inc. a buy or a sell?
In the last year, 2 stock analysts published opinions about CHE.UN-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Chemtrade Logisitics Inc..
Is Chemtrade Logisitics Inc. a good investment or a top pick?
Chemtrade Logisitics Inc. was recommended as a Top Pick by Greg Newman on 2020-10-08. Read the latest stock experts ratings for Chemtrade Logisitics Inc..
Why is Chemtrade Logisitics Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Chemtrade Logisitics Inc. worth watching?
2 stock analysts on Stockchase covered Chemtrade Logisitics Inc. In the last year. It is a trending stock that is worth watching.
What is Chemtrade Logisitics Inc. stock price?
On 2021-04-19, Chemtrade Logisitics Inc. (CHE.UN-T) stock closed at a price of $7.08.
