NM - Why NSAL Is Of Little Practical Value To Navios Maritime Holdings
Navios Maritime Holdings, Inc. (NM) is a financially troubled microcap, and it is extremely risky as an investment or trade from either the short or long side. It is the parent company of Navios Maritime Partners (NMM), Navios Maritime Acquisition (NNA), Navios Maritime Containers LP (NMCI) and Navios South American Logistics ((NSAL)), a privately-held company. Prior articles analyzing NM are available here and are a must-read primer to understand the following analysis. Navios has an outstanding Tender Offer for its Series G (NM.PG) and H