Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 belowIVon Sep 16, 2011 11:50am
250 Views
Post# 19050325

RE: RE: RE: RE: Is it just me or does anyone else

RE: RE: RE: RE: Is it just me or does anyone elseFFHwatcher1,Respectfully, while I understand the angle you're trying to come from I think an investor is completely nuts to only value the company based on "rearview mirror" cashflow in this case. I think you'd be wiser to do two valuations. One with DP and one without it but then probability weight the valuations to arrive at a current target. In my estimation, the chances of significant delay at this point is very low. I weight the probability of them producing cashflow from Thurso next year as extremely high. Hence my estimate of current value does include future estimations but I'm comfortable with that as I think the chances of being wrong are extremely low.If you build in conservative estimates for DP prices vs. COGS this still produces and incredible upswing in EBITDA.
Bullboard Posts