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Bullboard - Stock Discussion Forum Fibrek Inc FBKZF

GREY:FBKZF - Post Discussion

Fibrek Inc > Awesome Quarterly Results
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Post by chopper1953 on Nov 05, 2010 8:12am

Awesome Quarterly Results

5th Consecutive quarter of positive EBITDA -- the fundamentals are coming through -  see $1.50-$1.75 short term off the charts.
Comment by MJGDS on Nov 05, 2010 1:12pm
explain the drop in price then?  obviously the outlook is not so favourable.
Comment by Venture100 on Nov 05, 2010 6:15pm
This is only the first day after the release of the financials. They dropped after last quarters release also but came back to $1.25 a share. I will not be suprised if the price continues to recover from todays sell off in the next week. I agree that the outlook ahead is less favourable since lower pulp prices will obviously affect revenues and profits. However, in the past the company has ...more  
Comment by rationalexuberance on Nov 08, 2010 2:02pm
i think the stock is fairly priced right now considering they made only 1.4 cents last quarter and 4.7 cents for 9mos. (assuming 30% taxes, fully-diluted);  however, as long as the ROE continues to improve, i'll continue holding.
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