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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 OptsyEagleon Mar 09, 2012 10:36am
227 Views
Post# 19649037

RE: RE: RE: RE: RE: big earnings ahead

RE: RE: RE: RE: RE: big earnings ahead

I think you are missing some important expenses, like interest on debt, depreciation and the biggest, taxation. I agree that the earnings momentum is going to get quite appealing when Thurso is in full production and LSQ is online. I have made my estimate right hear.

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https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30627430&l=0&r=0&s=ftp&t=LIST

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For 2012, I am now estimating a small loss to break even for the 1st quarter and then some nice profitability after that. My guess is that we end the year with about $3 to $4 EPS. 2013 should easily boost that to $6 EPS and after that you get to my estimate above of $9.25. All that is predicated on dissolving pulp prices staying the same and without the addition of any more acquisitions.

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