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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 > Q1 disaster and talk of restructuring
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Post by rad10on May 04, 2019 4:56pm
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Post# 29711305

Q1 disaster and talk of restructuring

Q1 disaster and talk of restructuringWho knew?  It's international pulp week.................

They have already telegraphed that Q1 will be rough, and they wil be taking measures to shore up the balance sheet - i.e. restructuring.

Getting the promotional CEO out of the picture will probably help long term.  Interesting to see how this plays out.

Need more clarity on the federal and QC loans / equity stakes...........

https://www.risiinfo.com/industry-news/dissolving-pulp-china-terminates-its-5-yr-import-dumping-duties-on-us-canada-and-brazil/




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