Thanks purelorde for reinforcing my longstanding contention that Newlead has attained a huge competitive advantage. This derives from several diffrerentiating factors.
1. Newlead has a highly fuel efficient fleet. In general terms, fuel is somewhere around 70% of ocean-going freight costs. A 30% efficiency savings could net as much as 21% cost advantage to NEWL.
2. The bitumen tanker expansion offers superior margin opportunities than the dry ship market. The Baltic Dryship Index is a mess, at the moment.
3. Newlead has amassed a huge off balance sheet pool of NOL's that could provide enormous tax relief for as long as the next 20 years. The value of these NOL's only gets realized if there is no 50%+ change in ownership that would void them. This is why claims of a NEWL BK are a total SCAM since cancelling the common stock would be a 100% change in ownership.
4. Having the NOL's and being able to use them explains Newlead's move into resource commodities such as coal. The combination of lower shipping costs from fleet efficiency married to NOL tax mitigation allows NEWL the luxury of bidding profitably on coal contracts that other resource players would have to pass on as unprofitable.
Researching and understanding the fundamentals in this investment thesis is the essence of DUE DILIGENCE in Newlead stock.
JMHO.
News 
Market Data 
Discover 
AI
