i'm buying on the blips

Now, we're talking.

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Who, What, Why: How would Greece switch currencies?

Political change within days in Greece may mean the country has to ultimately leave the euro. If that was to happen, how would they go about introducing a new currency?

FORTRESS PAPER PROVIDES
LANDQART OPERATIONAL UPDATE

VANCOUVER, British Columbia, June 7, 2012 – Fortress Paper Ltd. ("Fortress Paper" or the
"Corporation") (TSX:FTP), announces that its wholly-owned subsidiary, Landqart AG, a
leading manufacturer of banknote and security papers, has had a material banknote order
reinstated. This order was unexpectedly suspended in the fourth quarter of 2011 which
negatively impacted the financial results of Landqart’s operations in the first half of 2012.

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And since Thursday.....

Chart

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Greece - more Euros - but with "x" as the identification code! :-)

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It will take a year or so for Greece to exit.

The salaries and internal transactions will be in local currency first. Those employed by the state will starve as their money worth next to nothing. People of Greece should be informed about this before voting.

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Moving into new territory, it seems!

Cazenove note:
De La Rue is the largest integrated producer of banknotes in the world. We believe the company has the opportunity to strengthen its market position further through investment in organic growth initiatives such as polymer banknotes that capitalise on its vertical integration and well established relationships with central banks worldwide. We have an increasingly positive view on the potential of such initiatives and on the ability of the company to execute its Improvement Plan to achieve a significant uplift in operating earnings. As a result we upgrade our rating to Overweight from Neutral and increase our price target to 1184p.
Upgrade to Overweight. De La Rue has a leading position in banknote printing and design and the manufacture of associated substrates. As one of the oldest currency providers in the world, it has a long track record of delivery in an industry that values continuity of supply. We regard the competitive landscape as well structured and rational with high barriers to entry. Long-term structural growth in demand for banknotes is likely to continue. Incremental organic growth opportunities exist, including polymer banknotes, banknote security features, further passport supply contracts and lateral diversification. In our view, the stock merits a premium valuation.
Opportunities in Polymer Banknotes. De La Rue recently launched a polymer substrate product with an ambition to develop capacity for a billion notes pa. We estimate polymer notes will add 6% to group sales by FY15E, increasing thereafter. Polymer notes are steadily gaining acceptance around the world, largely due to their superior durability. In the context of limited alternative supply, we believe De La Rue has a compelling opportunity to gain a meaningful share of the market.

16 Nov: DLAR - UBS reiterates: Neutral - TP: 975p unchanged
after recent trading update.

Interims on 27 Nov.

26 Nov: Numis reiterates: Hold - TP: 1016p a day before interims (tomorrow).

Interim Statement

HEADLINES

· Revenue up 3% to £245m with a strong performance in Solutions

· Operating profit up 5% to £33m

· Banknote print volumes up 4% to 2.9bn notes, paper volumes down 15% to 4,500 tonnes

· Group 12 month order book maintained at £248m, of which Currency orders up 7% at £195m

· Improvement Plan benefits of £4m realised in the period

Skin, you forgot the divi.

14,1p maintained. xd 5 Dec. payday 9 Jan.

I didn't forget anything - I only posted what is in the Headlines of the RNS.

27 Nov:

Investec Securities: Hold - Unchanged TP: 940p - reiteration.

Panmure Gordon: Hold - TP: 933.00p maintained.