Replies to post #1434 on Value Microcaps Food, Agriculture and Soft Commodi

[elijahofmalone]

TMB.TO,

I agree. I don't like the sale at all. These two mills were running at capacity again, so it looks like their shut down issues were behind them. Also while the price was good, they paid over 100 million for those two mills in 2000. So it wasn't great in my book. My next concern is about three different issues: First, this seems to pave the way for the companies exit from France completely. Tartas seems next to go. Have you gathered this from your conversations with the company?

Second, what is going on with the Pine Falls mill? I can't imagine them shutting this mill down now. I know the employees rejected a 10% wage cut, but I expect something to work out soon. Just wondering if you concur.

Lastly, I was pleased to hear that the sale of these mills is not hampering their project to sell off some assets that need to be sold. That as well should significantly increase their financial stability and ease concerns about debt.

All in all, I would have liked to see them keep the mills. But at least it does ease their financial problems for the time being. I can't wait to see their financial results. I think that and news about Pine Falls mill should be the next catalyst.

Ryan K

[jepicza]

"In China toilet paper price jumped 30-50%...."

Well, that's not so bad, cl100. I remember that our price of toilet paper didn't change for several years, and there was no inflation at all; the problem was that they didn't have it in stores. But the Mother Party (the Party of all Parties) would make quite clear, in its infinite wisdom, that there is enough of toilet paper around; it was just the problem with speculators who were taking advantage of the situation (lasting 2-3 years), and making a killing with toilet paper on the black market. And if one was lucky and saw that a store just got some, he would stay in line for 1-2 hours and maybe -- he would get really lucky and get some 4 or even 8 rolls.

"Recently paper makers started to add pulp surcharge to pass the increase to consumers. In the US Kimberly Clark is planning to reduce number of toilet paper per roll. What can the consumer do? Stop using toilet paper?"

Well, cl100, maybe -- yes? You would be surprised what consumers would have to do, what might happen one day. Who knows the future, right? I didn't know that I will live in California, on the other side of the globe, for 30 years now! LOL. I didn't know what is a stock market, a credit card, a checking account... and yet, I make a living as an investor for 20 years already. Who could tell, what costumers might be facing one day, what they will have to deal with. I would say that they might be forced to deal with much complicated problems than a luck of a quality toilet paper. LOL