Aegean Marine Petroleum Network, Inc. (NYSE:ANW)

SteadySaber (76.58) Submitted: 9/18/2007 12:33:30 PM : Start Price: $27.72 ANW Score: -74.87

I will add some risks not mentioned.

The founder and CEO has had a history of run-ins with the law and charges of bribery, corruption, fighting. From running a drivers school to fights on a soccer field. You really have to read the offering prospectus. Go to page 109 under the heading "Proceedings Involving Dimitris Melisanidis".

Also, they have a lot of debt at floating rates. A 1% increase in LIBOR hits earnings by 500K in 2005. So i wonder what the current exposure is.

Given that just put two service centers into working, management has said they won't be profitable in 2007. So i expect the next earnings to not come in too good. However, the overall story is outstanding. The concern is management. I imagine they have this guy under close watch given his background. They being the STreet which got this company several hundred million.

StockBoxChandler (< 20) Submitted: 9/13/2007 5:41:03 PM : Start Price: $22.62 ANW Score: -70.69

Aegean is an excellent company w/ heavy insider ownership and great potential for growth. A lot has been made on the termination of single hull bunkering tankers by the European Union and the International Maritime Organization. While this regulation will definitely play out in Aegean's favor there is a lot more to this company. This company is extremely well financed and has the ability to barrow money on very favorable terms. Since ANW is in such a capital intensive business, you should expect an increase in Aegean's debt levels, but don't worry quite yet. Most of this debt isn't due for a really long time. Another concern is Aegean's profit margins. Aegean is currently experiencing low margins right now b/c they are putting so much money into growth and the addition of service stations. In the long term, management expects profits margins to improve as their service stations become operational.

The growth potential is pretty clear so I don't think I need to talk about that.

If you want to see a pretty detailed article on ANW, you can check out this article: http://www.stockboxfinancial.com/stockbox_picks/stockboxpick_anw.pdf

It's a little lengthy, but it will tell you everything you want to know about the company.

Best,
Chandler Lutz
http://www.stockboxfinancial.com

HellenicMaritime (< 20) Submitted: 9/7/2007 8:31:40 AM : Start Price: $19.05 ANW Score: -69.77

A virtual monopoly in a business with significant barriers to entry due to high amounts of capital required.

arnie99 (< 20) Submitted: 9/4/2007 12:52:20 PM : Start Price: $22.81 ANW Score: -70.35

Building fleet of double hulled tankers. With new regs going into place in 08 this is a winner.

jamesmitcham (< 20) Submitted: 9/1/2007 4:25:45 PM : Start Price: $21.74 ANW Score: -70.06

With the expansion plans for the next fours years it should outperform.

Ahova (< 20) Submitted: 8/31/2007 9:51:22 AM : Start Price: $22.03 ANW Score: -70.27

sleeper

JPYTradersDotCom (< 20) Submitted: 8/13/2007 2:41:48 PM : Start Price: $19.22 ANW Score: -67.56

Cheap in a promising sector

AJL203PSU (65.51) Submitted: 7/16/2007 12:58:41 PM : Start Price: $21.41 ANW Score: -64.89

Caps stock of the day. Stealth play for the boom in shipping. Should be worth a look.

Imyourdaisy (86.32) Submitted: 7/11/2007 6:32:26 PM : Start Price: $21.08 ANW Score: -66.27

good numbers. Nice PEG, good return on equity.

Nice companty. Might do well over all

AspenHawk (< 20) Submitted: 5/30/2007 4:07:35 PM : Start Price: $17.73 ANW Score: -61.17

fueling the boats

oneijoe (< 20) Submitted: 5/12/2007 6:41:41 PM : Start Price: $16.37 ANW Score: -60.38

Mobile service stations for bulk, container, and tanker ships. Demand is crazy with China and India's needs, and ports in Australia are clogged.

Running out of bunker fuel while waiting your turn to dock? Radio Aegean !!

NtscrbEnergy (80.20) Submitted: 3/19/2007 2:09:59 AM : Start Price: $16.21 ANW Score: -67.78

Based in Athens, Greece, Aegean Marine Petroleum Network (ANW) is engaged in the supply and marketing of refined marine fuel and lubricants to ships in port and at sea. It provides fueling services to various types of ocean-going vessels and coastal vessels, such as oil tankers, container ships, drybulk carriers, cruise ships, naval vessels, and ferries.

The International Maritime Organization (IMO) and European Union (EU) have already banned the single hull bunkering tankers of an approximately 5940 dead weight tons (dwt) and plan to gradually ban all single hull tankers till 2010. This could generate demand for double hull tankers and thus benefit ANW, which currently owns a fleet of ten double hull-bunkering tankers. Also, company has negotiated contracts for 31 additional double hull vessels, which could enhance its current fleet size in the due course.

The fiscal 2006 results of the company have been phenomenal with over 55% jump in the revenues. The reason at the back of delivering such an excellent performance has been the generous spurt in the marine fuel volumes that was seen across all their major service centers like Greece, Gibraltar and United Arab emirates to name a few. Company has currently five-service center and buoyant on the success, it plans to establish at least five additional service centers in strategic locations worldwide in the coming years. Looking ahead, company plans to utilize the proceeds from its December IPO in improvising its logistics infrastructure. Given the following factors, the scrip is set to attract many eyeballs in the investor community.

fullwealth (32.22) Submitted: 3/6/2007 3:35:01 AM : Start Price: $15.03 ANW Score: -65.97

strong outlook