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Fortress Global Enterprises Inc - Class A FTPLF

Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Post by RetireSoonerThanLateron Feb 23, 2019 5:21pm
174 Views
Post# 29404755

Valuation / 4th qtr results

Valuation / 4th qtr results Folks---thx for the valuation #'s - good discussion.   Taken from several different angles it comes out between $7-$13/share, pre Xylitol.

I've held this stock for about 9 years now (I remember $57/share ...don't get me started) and haven't sold any.  Expected we might see a cotton crop failure / spike in DP prices at some time but it hasn't happened.   So I held on for sh**s and giggles.   

Looking forward to 4th quarter results mid March to confirm the continued  EBITDA uptrend.   
Maybe I'll double down between then and now.. At $1.27/share I can really average down! 

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