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Fortress hit 52 week low

Long story short, everything that could go bad went bad. Company is now burning throught cash, taking debt, talking about buying more and more mills and the market price for DP is dropping like a rock in a no-bottom pool.

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The tree or the forest?

If you read this blog in the last years, you’ve probably noticed how much I like Fortress paper and it’s manager Chad. In the last year and a half, FTP share value dropped from 54$ (top) to the current 20$

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Fortress Paper – Plan Nord is a deal

Can you beleive what a deal Chad signed today? Let’s resume : – He purchased the assets only (the buildings, equipment and other ancillary property) for 7.5M payable in 5 years from Domtar. – Quebec Ministere du Developpement economique, de

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Fortress and Lebel – fiction to reality

Today is another great day for Fortress Paper, Government of Quebec released a press release confirming a press conference tomorrow morning at Lebel-sur-quinvillon in cooperation with Fortress Paper! Since the beginning of the year, FTP got quite an upside run

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FTP – Fortress on a run

What is happening with Fortress Paper? Stock surged 15% in the last 2 days without any news release or important information coming out. I could see 2 catalysts: An analyst changed it’s target price based on Dissolving Pulp price. DP

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Fortress and dp price

TD bank analysts revealed that dissolving pulp price dropped with cotton price in the last month to the 1000-1100$ range from 1600-1800 prices of Q3. It still gives FTP a comfortable margin but you should adjust your estimates accordingly. Disclosure

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Fortress paper q3-2011

As you all probably know by now, I’m a huge fan of Chad and his Fortress Paper company. My judgment may, well is, biased. Anyhow, I’ll try to analyze Q3 report objectively. Security In this Q3 I was looking for

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