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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 May 14, 2013 2:53pm
137 Views
Post# 21390871

RE: conference call take

RE: conference call take

Rythman.  I sure like what you are saying but where did you get all that.  Co-gen up and running in 2 to 4 weeks.  I heard end of Q2.  That may be close but lets not embellish. 

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Landqart should be close to break even in 2nd quarter.  Again, where did you get that from?  They said continuous improvements over the next 2 years and then went on to talk about all the problems the mill faces.  They are 70% through their big order and face stiff competition on the reorder.  If they don't get that re-order, I would not hold your breath on the break even. 

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If LSQ had a good offer on the table, it would be done.  I never even heard about an offer.  All I heard was why they wanted to shop it around for a partner.

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Again, let's not embellish.  If I could say anything positive about this stock it is that expectations are getting very low.  That can bode well as long as the company eventually exceeds them.  Setting the bar higher will not help the stock.

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