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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 RetireSoonerThanLateron May 27, 2012 5:00pm
262 Views
Post# 19950871

China Factor

China Factor

Commodity prices are dropping as well  - mining companies are down,  Copper has drifted down.  See the article in the G&M this weekend about slowing demand in China. 

Though Fortress has fixed price contracts, I think the expected China slowdown is affecting the stock price as well - rightly or wrongly.

 

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