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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 > (so we'd think!)
View:
Post by compsys68 on Nov 15, 2017 10:48pm

(so we'd think!)

And that is exactly why we are still under 1.00.... Its either A. Management knows that this is going to sort it self out, and doesn't care about the short term.... They know that we will blow the doors off earnings when they can bring the heavy oil assets back on line.... or B. We are in much Much deeper s#!T then we thought, financing wont get redone and shareholder value is going to be wiped off the map.... This is going to turn into a feast or famine...Personally I would like to see some clarity from management on the feast part.
Comment by HigherBuyer on Nov 16, 2017 11:09am
Don't hold your breath. Their competitor is securing their cusotmers left and right. Management does not care about retail investors. Hell, they don't even care about their own employees. SO many people's futures got wiped out. Protect your equity, bail on this horrible company. 
Comment by compsys68 on Nov 16, 2017 11:30am
So I looked at a LOT of your older posts and you seem quite upset with management... Are you a employee / ex-employee ?? did you work for Nal previously? are you still there? Can you elaborate on why the company is so horrible? Which competitor is beating them out on contracts ?
Comment by EstevanOutsider on Nov 16, 2017 11:40am
HigherBuyer says that Newalta's market is "gone forever."  Can HigherBuyer tell me how Newalta's waste management business is gone forever?  I ask since I see their services as imperative: "Structural changes to the industry wrt carbon and waste management indicate their market is gone forever"
Comment by HigherBuyer on Nov 16, 2017 12:51pm
Yep, I worked for them for about two years. Do your own due diligence. It's your money.
Comment by EstevanOutsider on Nov 16, 2017 1:54pm
tell us please how you consider the need for waste management services as a thing of the past? elaborate if you can. thanks. 
Comment by compsys68 on Nov 16, 2017 2:05pm
Would also like to know when you left the company....
Comment by HigherBuyer on Nov 16, 2017 4:38pm
Stay calm. Waste management services will always be needed. The industry isn't going anywhere. Newalta, with their massive debt ratio and poor decisons about growth in the Bakken have drained market confidence and customer favour. Look into their proftable tailings work and see how much of that they have left (hint: none). Or look into how many facilities have water disposal wells onsite to ...more  
Comment by HigherBuyer on Nov 16, 2017 5:36pm
But, as Warren Buffet says "When there's blood on the street, buy property." Good luck with this.
Comment by EstevanOutsider on Nov 17, 2017 11:51am
i am calm.  i live in the bakken (that you talk about) and i have many years in the oil industry which is why i am very confident in newalta's full recovery to a waste management powerhouse.  newalta is an incredibly respected name with a great reputation.  reputation and name in the oilfield go along way over competition, even if those competitors are cheaper. seems like you ...more  
Comment by compsys68 on Nov 20, 2017 8:23pm
HigherBuyer, so after going over your "statements" about Newalta, I'm guessing that you are an ex employee that was let go during the downturn. Now I'm sorry that you got mixed up at this point in the boom... bust cycle of OIL, but that's sometimes the way it goes. it doesn't make it Ok to outright lie about the company's ongoing business, For example they are working ...more  
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