Chemtrade Logisitics Inc.

CHE.UN-T

TSE:CHE.UN

10.92
0.11 (1.00%)
Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America’s largest suppliers of sulfuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, sodium hydrosulfite and phosphorus pentasulfide.
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Analysis and Opinions about CHE.UN-T

Signal
Opinion
Expert
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.

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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.
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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.
WATCH
WATCH
September 6, 2019
Likes looking at the long term chart for this. We’re back to 2010 levels right now. These things popular then unpopular. It’s momentum people getting out of it. It’s now news driven, Wouldn’t sell it, but would buy it. The last bounce is positive. Short term, the resistance would be around $12.
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Likes looking at the long term chart for this. We’re back to 2010 levels right now. These things popular then unpopular. It’s momentum people getting out of it. It’s now news driven, Wouldn’t sell it, but would buy it. The last bounce is positive. Short term, the resistance would be around $12.
WEAK BUY
WEAK BUY
August 23, 2019
Has had a bit of a tough time in the last couple years. The dividend looks safe. There is significant risks if there is a recession, as it is in industry. If we see a recession, the dividend could be cut. Could see some volatility in the future.
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Has had a bit of a tough time in the last couple years. The dividend looks safe. There is significant risks if there is a recession, as it is in industry. If we see a recession, the dividend could be cut. Could see some volatility in the future.
DON'T BUY
DON'T BUY
August 1, 2019
The stock ranks #528 out of 700 stocks. The payout is 127%, so it is not likely sustainable. Earnings expected to drop by 80% this year. Over-priced at this point. Yield 12%
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The stock ranks #528 out of 700 stocks. The payout is 127%, so it is not likely sustainable. Earnings expected to drop by 80% this year. Over-priced at this point. Yield 12%
WATCH
WATCH
July 9, 2019
Too late to trade, because it's dropped $10. The risk is on the upside. Keep a tight leash on this, because it could fall further. If it doesn't spike up soon, then bite the bullet and sell.
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Too late to trade, because it's dropped $10. The risk is on the upside. Keep a tight leash on this, because it could fall further. If it doesn't spike up soon, then bite the bullet and sell.
TOP PICK
TOP PICK
July 8, 2019
This is more speculative. A legacy legal issue cost them more money than expected which is jeapordizing the yield. All the bad news has been priced in and they should reduce the debt in coming months. The yield should climb to 8%. (Analysts’ price target is $11.88)
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This is more speculative. A legacy legal issue cost them more money than expected which is jeapordizing the yield. All the bad news has been priced in and they should reduce the debt in coming months. The yield should climb to 8%. (Analysts’ price target is $11.88)
DON'T BUY
DON'T BUY
July 2, 2019
The market likes a high dividend, but he does not know how long they will maintain the dividend -- especially with this high debt level. Do not go close to this one. Yield 12.8%
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The market likes a high dividend, but he does not know how long they will maintain the dividend -- especially with this high debt level. Do not go close to this one. Yield 12.8%
DON'T BUY
DON'T BUY
June 19, 2019
The dividend is not safe, though it will be maintained. They've had litigation charges and small-caps overall have done poorly in Canada. They also have a lot of leverage. This stock has been hammered till its cheaper than its three-year average. He sees a 13% growth rate. Their payout ratio is 125%, but will be 69% in 2020. If managers are correct about its predictions, you can hold this, but if not, this is risky.
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The dividend is not safe, though it will be maintained. They've had litigation charges and small-caps overall have done poorly in Canada. They also have a lot of leverage. This stock has been hammered till its cheaper than its three-year average. He sees a 13% growth rate. Their payout ratio is 125%, but will be 69% in 2020. If managers are correct about its predictions, you can hold this, but if not, this is risky.
SPECULATIVE BUY
SPECULATIVE BUY
May 24, 2019
As a trader, he likes it. But if he owned it, he doesn't. Broken down so badly, back to 2010 levels. It's news driven. Risk/reward is good. Nothing technically that says to buy it. You can try it, but keep it on a very short leash.
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As a trader, he likes it. But if he owned it, he doesn't. Broken down so badly, back to 2010 levels. It's news driven. Risk/reward is good. Nothing technically that says to buy it. You can try it, but keep it on a very short leash.
Showing 1 to 15 of 126 entries