GREY:FTPLF - Post by User
Comment by
Nighthawk40on Nov 02, 2010 12:06am
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Post# 17643325
RE: "Landqart is Now a Major Global Player"
RE: "Landqart is Now a Major Global Player"Nice find Steady.
The EBIAT for this division is quite high. With the capacity increasing to 10,000 tonnes per year, the payback for the 50 million capital investment should be less than 5 years.
Another example of Chad doing his homework to position Landquart AG as one of the lowest cost producers of banknotes, passports / visa paper.
What would be very exciting for investors of FTP? If Landquart AG can land a contract to produce passports in North America or expand beyond the 50 countries that it currently supplies.
In one of Chad's most recent interviews he stated that FTP was committed to supporting R & D to stay one step ahead of organized crime. In so doing, he is also separating this division from its competitors. Increased market share is therefore expected.
This is another example of the bold leadership from Chad and his management team.
The first quarter results in 2011 should be very promising for FTP.
Cheers,
Nighthawk40