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Aegean Marine Petroleum Network Inc. Message Board

  • rdravin rdravin Oct 10, 2011 1:55 PM Flag

    ANW controls credit risk -

    Message about GMR credit risk is nonsense.

    From the Sep 2011 Jeffries presentation (pg12):

    In five years of operation, bad debt expense has totaled approximately $100,000

    ANW may have poor profit margin period, but they have always managed their risks superbly. Don't fall for shorters spin.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • i think the GMR question gets to the credibility of management. Their is no confidence in the management because everyone assumes peter will do whats best for peter. If its best for him to have aegean eat a receivable because it helps him thats what will be done. I personally think dimitri is now running the show but institutional investors do not care. This is a 10 stock thats trading at 3 for only one reason peter georgopolus

 
ANW
10.13+0.30(+3.05%)Nov 26 4:02 PMEST

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