We are rubbing the monthly low cycle .. I love this stock .. it didn’t dip as much as I have charted but it came close enough .. I figured the low would be about 8.20 to 8$ zone then start back up to challenge the highs on the next cycle . I buy and hold this type of company .. 5.5 years and my cost average is 5 ish so it has been very good to my portfolio.. now we are about to break into profitable position ?? Ok I am in .
A
Adding to my position tomorrow.
d
Backing up my truck and loading hard . Betting the banks and the governments around the world are taking out their Russian losses on the traders .
T
profitability!! in a year!
B
In 2017 this stock was trading at near $20. We have a long way to go for some bag holders.
T
I need some advice. I have an E-Trade account which I use to purchase CGIFF stock. My account normally receives my dividend within 2 days of the stated Payment Date. However, my account has not yet received my dividend for the 04/26/2022 payment dividend (Note: this is the dividend that corresponds to stock owned on 03/31/2022). I've called E-Trade several times and the only response I get is that it has yet to receive this dividend, and that the delay is probably due to the fact the this is an OTC traded stock. I'm not really concerned about the money itself, but I'm just curious whether I'll ever receive this dividend and how to proceed. Thanks in advance for any advice you may provide.
B
Is this the breakout we've been waiting for?
T
this is easy 10 dollar share soon
K
Owned this for a long time... bought some in 2020 for around $4.50. Gonna rip with their oil exposure.
R
What are the chance to see the dividend back to pre-covid ?
j
Globe and Mail, May 10, 2022 - 'Tuesday’s analyst upgrades and downgrades'
---------------------------------------- start ------------------------------ * Following a “massive” first-quarter beat, Desjardins Securities’ Gary Ho raised his Chemtrade Logistics Income Fund ( CHE-UN-T +8.17%increase ) target to $11 from $9.50, keeping a “buy” rating. The average is $9.61.
“Given the positive outlook for most chemicals, including continued strength in caustic soda prices, the revised guidance appears conservative,” he said.
“Our positive view is based on: (1) rally in chemicals and reopening will drive EBITDA growth; (2) tremendous ultra-pure and hydrogen opportunities; and (3) management change leading to a valuation re-rate.”
C
hey Mike...you must be up about 60 cents or so on that 12 shares you still hold. That's cool, huh?
d
Soooo close to the 52 week high of 8.82 Canadian .. come on chem pop that cherry and set a new 52 week high
d
Upward monthly pressure .. let’s see if we get higher highs and higher lows to show a month over month increase .. it will attract more investors when people start looking for safer places to get returns on their money .
A
Possibly the most positive ER from Chemtrade in years. Debt being reduced, cash flows improving. Regretfully future job losses in PQ. That part is very sad for the workers.
A
I have owned this stock for a long time. I should have averaged down over the last two years. Solid sustainable dividend. Good times ahead.
T
I've reached break-even today, now thinking of selling and waiting for a pullback before re-investing.
C
"Chemtrade now expects its 2022 Adjusted EBITDA to range between $300 million and $330 million, as compared to its previously issued guidance range of $265 million to $295 million"
I suspect this is still conservative, and it will come in closer to $380-400 million.
B
This is the turnaround we've been waiting for. Will be interesting to see the analyst's ratings and price targets being adjusted within the next weeks. Perfect time to load up more if the market stays in depressed mood.
Gonna rip with their oil exposure.
---------------------------------------- start ------------------------------
* Following a “massive” first-quarter beat, Desjardins Securities’ Gary Ho raised his Chemtrade Logistics Income Fund ( CHE-UN-T +8.17%increase
) target to $11 from $9.50, keeping a “buy” rating. The average is $9.61.
“Given the positive outlook for most chemicals, including continued strength in caustic soda prices, the revised guidance appears conservative,” he said.
“Our positive view is based on: (1) rally in chemicals and reopening will drive EBITDA growth; (2) tremendous ultra-pure and hydrogen opportunities; and (3) management change leading to a valuation re-rate.”
Regretfully future job losses in PQ. That part is very sad for the workers.
I suspect this is still conservative, and it will come in closer to $380-400 million.
Perfect time to load up more if the market stays in depressed mood.