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.

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Fortress Global Enterprises Inc - Class A

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Comment by OptsyEagleon Jun 16, 2011 8:53am

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Post# 18722670

RE: RE: Thanks

No problem Gerri. Your alarms force me to go back and recheck my numbers regularly. It is a good discipline to maintain.

I would say the margin erosion is closer to about $ 0.45 per share and not $ 1.60, but all is a mute point to the fact that with dissolving pulp still trading North of $1,600, Fortress Paper is still on tract to earn closer to $10.00 per share in 2012.

Ben Graham calls this his "margin of safety". When a stock gets so cheap, a number of things can go wrong and you will still do well, because you bought it when it was so cheap. Do you think it really matters whether Fortress Paper earns $6, $7, $10 or more in 2012. In any of those scenerios, the stock will be higher.

Fortress Paper is oozing "margin of safety" right now.

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