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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 Nighthawk40on Nov 09, 2010 10:21pm
203 Views
Post# 17684536

Analysis, Commitment and Patience

Analysis, Commitment and Patience... the Fortress Paper Ltd. Story (Cover Story)

I just received the ABC Perspective, October 2010

I like to share Irwin Michael's closing comments:

"Looking back over the past three years, while we are gratified with Fortress Paper's share price performance, it should be noted that it has not been a straight line appreciation. During this period we faced numerous obstacles and attribute our success to serious fundamental analytical efforts, deep professional commitment and extraordinary patience."

As Fortress Paper positions itself with future growth acquisitions, the patient investor should take comfort in the fact that ABC Funds still owns approx. 750,000 shares.

Irwin is still very high on this company. Why, because the intrinsic value of this company has not been fully realized.
Chad Wasilenkoff has a vested interest to grow this company to a market cap of 1 billion. Based on today's market cap, we are only half way there.

The Fortress Paper story is far from over. The best is yet to come.

I plan to own my shares until Chad's vision becomes a reality.

Cheers,

Nighthawk40


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