RE: RE: RE: RE: RE: RE: Risk vs Reward??!??
I prefer not to do all my analysis through the rear view mirror. No one is going to buy what FTP did in the last two quarters. They want to know what it will do in the next two quarters and beyond. With the Thurso plant in operation, it in itself will be generating over $2 million PER WEEK, in free cash flow.
you're not doing any analysis at all, you are just pulling numbers outta the air... now tell me if you can how they are going to make $2mm/ week? actually give me some math, don't tell me they will cut some ficticous costs blah blah blah....
It is a lot cheaper to export the final product then to export all the freaken trees. That is why Canada and Brazil are some of the lowest cost producers. The Chinese plants would rank up in the higher quartile of costs, if they ever get built, due to their severe lack of trees. Canada is the 2nd largest country in the world and if you look around, it is about 70% covered in trees.
LOL.. what is the rest of Canada covered in..... guess what... they do have tree in other parts of the world other than Canada and Brazil.
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I couldn't care less about debt to equity. When you buy a billion dollar company for a million dollars, your equity values on the books are bound to be a little understated. Look at interest coverage, going forward. It paints a much better picture and it should dispell all your concerns about debt.
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D/E is pretty important when you consider they don't have the cash-flow to cover their debt obligations.
It was nice of the company to compensate Chad $16 million last year seeing that the company will probably lose more than that for 2011.... I really want to be an investor in a company like that ... LOL