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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

Post by fattailon Mar 16, 2012 5:44pm
364 Views
Post# 19683322

A little review

A little review

A lot of events have transpired with this little company over the past months. Some great! Some not so great! But on balance, it's really pretty amazing!

Not so great!

  • Ultra strong swiss franc killing competitive edge
  • Province wide labour dispute right in the middle of the changeover
  • Engineer's costing error on the cogeneration

Great!

  • Allowing for the strike disruptions, management has met all changeover timelines
  • Quality or as I like to call "the icing on the cake" far surpasses expectations (at least mine)
  • Landquart upgrades are paying off big time
  • Financing in retrospect was pretty darn brilliant and well timed
  • LSQ deal! It just doesn't get any better!

Now if you notice, all the Not so greats were outside of management's control whereas all the Greats we owe totally to a great team! So when the president unilaterally forgives his bonus for the year because quarter 4 didn’t come out the way he would have liked, then you have to feel privileged that you're involved with something special and your loyalty will be rewarded with even more than just money.

AB

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