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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 Wayned52on Dec 04, 2019 6:53pm
243 Views
Post# 30422946

RE:Pricing below cash cost of most global supply

RE:Pricing below cash cost of most global supplyI owned this for a few years and it`s the biggest loss I ever booked in 40 years of  working the markets . At the time I couldn`t believe what they were doing . I know a fair bit about the pulp industry and I still can`t figure how they screwed this up so bad . Especially with such a tiny share count and a government that bent over backwards to help them . It should have been easy to raise money .  That`s why I hung on . Too late now . Who ever ends up with this company is getting a steal . 
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