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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

Comment by Nighthawk40on May 30, 2011 9:06pm
375 Views
Post# 18647009

RE: FTP's intrinsic value

RE: FTP's intrinsic valueHi Lanaar2,

Just a quick note of appreciation.

Using your conservative projections, there is plenty of "torque" left in FTP.

The DP business will over shadow the other 2 divisions soon. I personally don't care for the Q1 results. To me, they mean little. Investors who purchased FTP shares this year are looking for the expected profits from the lucrative DP business in 2012.

What's important is that the Thurso Mill DP conversion be successfully completed in September of this year. A full year + ahead of their competition; who are also acquiring additional mills this year.

Given the HIGH demand for DP, the book value of the Thurso Mill will peak.

If additional DP acquisitions are made, that would be a bonus.

Institutional investors also are more interested in the Thurso Mill DP conversion than the Q1 financial reports.

DP is a game changer.

So why are investors selling their shares now?

Cheers,

Nighthawk40






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