Q: Is this security of any value now ?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I have owned Fortress Global Enterprises Inc. (FGE) for at least 5 years with an average cost of about $20.00 per share. It is now worth about $2.00. Fortress used to be involved in several paper businesses. However, due in part to the imposition of import duties imposed by some of the countries in which its customers were located, Fortress sold off some business lines, re-focussed on its pulp business and under-gone recent re-financing. Is there any hope for this company or should I dump it from my non-registered account and claim a capital loss?
Q: The old FTP reincarnated as FTG
Hate to say I owned FTP back around 25 for so.
My question. In the past they have somehow pulled the rabbit out of the hat and paid
off the coinvertables on due date. In the past they has sold assets. A wallpaper company and a swiss bank note company
They have an issue comming due dec 31 2019
Using your cyrstal ball, how likely are they to default, or force conversion if that was in the original deal.
Many Thanks
Hate to say I owned FTP back around 25 for so.
My question. In the past they have somehow pulled the rabbit out of the hat and paid
off the coinvertables on due date. In the past they has sold assets. A wallpaper company and a swiss bank note company
They have an issue comming due dec 31 2019
Using your cyrstal ball, how likely are they to default, or force conversion if that was in the original deal.
Many Thanks
Q: a sharp pullback recently, I have held it in the past and got out. Wanting to get back in if there is no major bad news yet to come that might hold it down long term. Your comments please.
Q: FTP.DB matures at the end of the year. It has a healthy coupon rate and is selling at a discount to par value. Do you see this convertible debenture as an opportunistic investment with principal repaid within 7 months?