Post by roy on May 20, 2012 10:02:13 GMT -5
Fortress paper is a company that produces speciality paper for printing currency, visa, passport etc. It has plants in Europe and in Canada.
The company is not profitable yet and people are betting on the jockey in this case.
Analysts are expecting roughly 50 cents profit this year and $4 next year. The market cap is 280 million and debt is 150 million. From the debt perspective alone, this company is unattractive to me.
However, a good write-up on this company is here:
pretoriainvestment.com/2012/05/17/the-tree-or-the-forest/
The company is not profitable yet and people are betting on the jockey in this case.
Analysts are expecting roughly 50 cents profit this year and $4 next year. The market cap is 280 million and debt is 150 million. From the debt perspective alone, this company is unattractive to me.
However, a good write-up on this company is here:
pretoriainvestment.com/2012/05/17/the-tree-or-the-forest/