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Fortress Global Enterprises Inc - Class A FTPLF

Forest Products Lumber & Wood Production
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

Fortress Global Enterprises Inc - Class A
Bullboard Posts
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(9)
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Post by mr1derfulon Jan 15, 2015 1:03pm
204 Views
Post# 23323852

swiss franc and dissolving pulp

swiss franc and dissolving pulpSo the Swiss franc is up 30% this morning which is bad news for Landquart, Chad has been complaining about the strong Swiss franc negatively affecting operations. Yet he has never hedged the currency exposure which I find a head scratcher. Also the price of dp is still at lows of $810 a tonne. Things are not looking good for Fortress and the recent stock move has been unjustified and won't last.
Bullboard Posts
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