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 OptsyEagleon Dec 06, 2011 10:58am

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Post# 19295210

RE: RE: Down we go! What is going on?

RBC downgraded Fortress target price from $43 to $33. Stock investors are an impatient bunch. Whatever, FTP earns, it will still be in the game. Most commodities have traded down over the uncertainties of Europe. When some of the anxiety over those issues are resolved, DP prices will again move up. For them to get to the operating costs of Thurso, quite a bit of world production will shut down, forcing the prices back up.

That is how it has worked for 100s of years and I suspect very little has changed today.

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