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Bullboard - Stock Discussion Forum NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."

TSX:NAL - Post Discussion

NEWALTA CORPORATION > OIL at 55.75 (new high since june 2015) NAL at .82
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Post by compsys68 on Nov 03, 2017 4:52pm

OIL at 55.75 (new high since june 2015) NAL at .82

I know the debt piece needs to be moved down the road before we can move substantially higher and that it will take time. Time for the interest rates to improve on the refinancing and other BLA BLA.... I'm just so sick and tired of being on the short end of the stick..... I know that waiting another 9-18 months is going to make a Hugh difference for NAL....But today with TCW and CFW both up YOY 100% and SES finally positive. I'm frustrated beyond words that we are down 55% YOY. It's time this stock to turn around......rant over please feel free to share how you are feeling about this and the next 9-18 months. Read more at https://www.stockhouse.com/companies/bullboard/t.nal/newalta-corporation?postid=26903639#frg6Cvy3mVmQvO9u.99
Comment by EstevanOutsider on Nov 04, 2017 6:09am
Just buy and hold!  There are strong signs oil is turning upwards and I think it will surpass $80 by the end of 2018, though we don't need those levels to benefit. With a small cap stock like this, as a service company, we are buying it almost for free.  Assuming oil does turn the corner, companies like Newalta can jack up their service rates which will bring strong profits.  ...more  
Comment by SGordon on Nov 04, 2017 9:48am
Agree with Estevan but not for the price of oil (80$) because it don't affect so much the SP... Look at the SP in 2015 (between 12$-16$) and in the beginning of 2017, oil was at 45$-50$ and the SP was between 2,00$-2,80$....   So, yes it just question of time but even the oil stay at 50$-55$...!!! If it rise it's better for sure but if don't, it's ok too!! GLTA
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