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Fortress Global Enterprises Inc - Class A FTPLF

Forest Products Lumber & Wood Production
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

Fortress Global Enterprises Inc - Class A
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Comment by Nighthawk40on Feb 26, 2011 8:45pm
156 Views
Post# 18200081

RE: RE: RE: RE: RE: RE: Need good news!

RE: RE: RE: RE: RE: RE: Need good news!The speed at which FTP reaches $100 will be dependent on the quality and quantity of the mills that will be purchased.

When the Thurso Mill announcement was absorbed by the market, the share price essentially doubled from $20 to $40/share.

FTP has set a 52 week high of $63.15.The current bargain price is only $55.40 / share.

A decisive thrust into dissolving pulp production should propel this stock near the $100 / share mark. Not to mention high EPS numbers from the other divisions.

The other unknown factor is Chad's ability to uncover another niche market. If this happens this year, $100 per share may come sooner than expected.

Cheers,

Nighthawk40



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