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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 by User

Comment by davethewaveon Mar 07, 2018 1:24am
407 Views
Post# 27673462

RE:RE:RE:RE:Year End Results

RE:RE:RE:RE:Year End Resultsam I wrong in thinking a merger is going to essentially going to put newalta shareholders in new hands to manage the company expenses so this could potentially 180 things. the way I see it is nelwalta has been running into the negatives in the last few years because the cost of crude oil which directly related to it's profit margin. they took a hit after 2014 and so did crude. tough to run a company the same when the product is worth less then 2/3rds of what it was. I've got a lot of faith that with oil coming into the mid 60's the profit margin is going to increase in every quarter, this is why I bought into newalta 4 months ago.
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